2019-4-15 22:26 |
The South Korean trading platform Upbit announced financial results for the year 2018. Upbit managed to become the only one among top South Korean crypto exchanges who made a profit in 2018.
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South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More.
2019-4-12 13:00 | |
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Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes.
2019-4-11 23:30 | |
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Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times.
2019-4-11 14:07 | |
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This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.
2019-4-2 21:54 | |
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A report presented to the U.N. Security Council claims that North Korean hackers obtained $670 million in crypto and foreign fiat from 2015 to 2018
2019-3-9 17:35 | |
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Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration.
2019-2-27 23:13 | |
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North Korean leader Kim Jong-un may have traveled to Vietnam for the much-hyped Trump-Kim summit by train but some of the major business deals that will be conducted on the sidelines of the meeting will involve air travel.
2019-2-26 15:40 | |
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Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO Park Chan-kyu on February 20, 2018.
2019-2-25 22:01 | |
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South Korean messaging app operator Kakao reported $57.5 million in operating expenses related to new technologies like blockchain and AI
2019-2-15 22:18 | |
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Even though Huobi is the third-largest crypto exchange by trading volume, it has overtaken Binance and OKEx in trading commission. The exchange has roped in $483 million from the trading commission in 2018 alone.
2019-1-25 19:50 | |
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Cryptocurrency exchange Huobi has reportedly raked in a total of $483 million in commissions throughout 2018, more that the top two exchange by volume Binance and OKEx. Half a Billion in Trading Fees According to a recent report by Korean media Sporbiz, China-based cryptocurrency exchange Huobi has raked in a total of $483 million USD in commissions throughout 2018.
2019-1-25 00:00 | |
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We’re less than a month away from Samsung‘s next big hardware event, where it’s expected to reveal – if not officially launch – its foldable phone. I believe it’ll steer the conversation about mobile device design away from notches and bezel-less displays in 2019, but I wonder if this is the best way forward for portable gadgets.
2019-1-23 11:08 | |
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Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.
2019-1-23 00:57 | |
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On January 21, 2019, blockchain-based ride-hailing app Tada launched operations in Vietnam after previous expansions into Cambodia. New Markets Tada, a blockchain-based ride app has seen quite the expansion in recent times.
2019-1-22 02:00 | |
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If 2017 and early 2018 were seen as the year(s) of the ICO then 2019 could well be the year for the STO, security token offering, according to latest research from South Korea. Security Tokens Still Need Regulation Initial coin offerings were seen as a great way to launch a project by selling tokens for.
2019-1-21 12:00 | |
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The South Korean Government recently conducted a security audit on 21 Cryptocurrency exchanges and according to a local news story published on January 10, 2019, only seven of them passed the audit. The audit took place between September and December 2018 and out of the 21 surveyed, Bithumb, Coinone, and Korbit, along with four others, made the grade.
2019-1-13 10:00 | |
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The South Korean government is giving the blockchain industry a tax break in a bid to help foster innovation in decentralized technologies. The Ministry of Strategy and Finance has announced that blockchain will be included in its amendments to 2018 tax law, which sees companies receive benefits for innovating with certain technologies, reports The News Asia.
2019-1-10 17:26 | |
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A report released by CCTV—2, the Chinese owned Financial Channel television station indicates that the bear market may have had a significant toll on local miners than initially anticipated. The state-owned broadcaster has just released a report which seeks to document the effects of the 2018 bear market on the local crypto miners. The report […]
2019-1-4 20:20 | |
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Chinese state television has sought to document the toll taken on South Korean cryptocurrency companies by 2018’s bear market, with Financial Channel (CCTV-2) producing a report detailing the challenges faced by Korean miners.
2019-1-4 07:15 | |
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According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies. Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even set up their website to facilitate the trade of drugs.
2018-12-26 20:00 | |
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Icon was one of the most hyped projects entering this year with huge expectations pinned to the “korean Ethereum”. The whole year was marked with strong bear grip of the crypto market, squeezing out the joy, motivation but also money out of both altcoin team projects and their supporters.
2018-12-23 16:28 | |
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An investigation conducted by Crypto Exchange Ranks (CER) has alleged that Bithumb, the largest Korean digital currency exchange by volume, has drastically inflated its reported trade volume during the second half of 2018.
2018-12-21 03:00 | |
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Klatyn, the blockchain platform of South Korea’s Messenger Kakao, announced partnerships with several blockchain-based applications and projects on December 10th, 2018. Bringing Blockchain to the People These projects were selected due to the criteria of also being “large user pool-based service providers.
2018-12-13 14:00 | |
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The South Korean government will be spending four billion Korean won (KRW) ($3. 500. 000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018.
2018-12-12 00:00 | |
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South Korea’s second largest bank has started a pilot project to implement a blockchain-based work process across a range of financial services and internal protocol management systems, reported Korea Times on December 10, 2018.
2018-12-11 04:00 | |
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CryptoCompare recently released its monthly exchange review for November 2018, aggregating data from over 70 trading venues. The report suggests that futures volumes are still lingering at one-fourth of the market as the rest is controlled by spot trading.
2018-12-7 16:35 | |
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Twitter today released its year-end recap, shining a light on what was most popular on the platform in 2018. Usually, one can make an educated guess based on whatever viral memes or political scandals were most discussed.
2018-12-5 14:01 | |
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South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time.
2018-12-4 21:41 | |
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South Korean cryptocurrency exchange OKEx launched its perpetual swap trading product in Seoul on December 3, 2018, during a press conference attended by BTCManager. Burgeoning Crypto-Finance Domiciled in Malta, OKEx described the product as a significant addition to its growing list of crypto-centric trading products and financial tools.
2018-12-3 21:30 | |
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Amazon Web Services (AWS) suffered an outage that affected two major cryptocurrency exchanges and dozens of other businesses. These server Failures ended up leaving Coinone and Upbit with its services offline, reported The Next Web on November 22, 2018.
2018-11-24 22:00 | |
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- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders.
2018-11-14 19:41 | |
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South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat.
2018-11-13 10:00 | |
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CryptoNinjas South Korean web security company Cloudbric recently completed the ICO for their new decentralized and token-based universal cybersecurity suite platform. The token sale ended October 31, 2018, 11 AM UTC, and despite the fluctuations.
2018-11-13 03:36 | |
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Funds from another ICO have just disappeared into thin air leaving investors in total despair. Pure-Bit pulled out this latest scam on November 9, 2018 at 5 PM Korea Standard Time. The exit cost investors 13,678 ETH, which translates to roughly $2.
2018-11-12 18:59 | |
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In cryptocurrency exchange news, Binance’s CEO has described the exchange as “very healthy” despite the dramatic reduction in trade volume compared with early 2018, and Gate. io was recently breached via a malicious script added to web analytics provider Statcounter.
2018-11-11 16:00 | |
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2018 will certainly go down as the year of the exit scam as yet another initial coin offering (ICO) has disappeared out of thin air – along with millions worth of investors’ cryptocurrency. Blockchain company Pure Bit has seemingly walked off with $2.
2018-11-9 18:17 | |
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France cuts crypto tax, no national cryptocurrency for Israel, and South Korean lawyers want crypto framework. Plus, Venezuela takes Petro to OPEC.
2018-11-9 02:39 | |
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South Korean cryptocurrency exchange Bithumb is reportedly exploring the possibility of a security token exchange in the U. S. , according to people familiar with the matter. Local news agency Yonhap News was able to confirm on November 2, 2018, that Bithumb has agreed to partner with American fintech company seriesOne.
2018-11-3 14:00 | |
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Bitstamp, one of the top-30 cryptocurrency exchanges in the world by daily trading volume, was acquired by Belgium-based investment company NXMH for an undisclosed amount in cash, reported Reuters on October 29, 2018.
2018-10-30 16:00 | |
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After a quiet start to 2018 and a significant contraction in the middle of the year, there is a considerable increase in Korean won (KRW) cryptocurrency trades. Despite this increase, the “kimchi premium” that existed in 2017 has yet to surface in cryptocurrency exchanges in South Korea.
2018-10-30 01:00 | |
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Seoul, South Korea. This morning at the 2018 Korea Blockchain Expo, Representative Hye Hoon Lee, hinted at the South Korean government changing its stance on ICOs. Mrs. Lee is the nominee… The post South Korean ICO Ban May Be Lifted in November appeared first on CoinCentral.
2018-10-24 18:21 | |
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Bithumb, a global cryptocurrency exchange holds an event to payback 70% of transaction fees for overseas users as an expression of appreciation for their support and loyalty following the last month.
2018-10-24 12:30 | |
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Although there have been over $882 million cryptocurrencies stolen from online exchanges since 2017, Lazarus, a North Korean, state-sponsored group is responsible for the majority of stolen tokens. According to an article published by The Next Web on October 19, 2018, the Lazarus Group took over $571 million cryptocurrencies and will continue to do so in the future.
2018-10-22 15:00 | |
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A North Korean cyber theft crew dubbed “Lazarus ”, has topped the list of highly successful cryptocurrency hacking since January 2017. In a research carried out by cyber security firm Group-IB, it was discovered that the theft crew had stolen a total of $571 million in cryptocurrency since February 2017 ; the highest amount of […] The post Meet Lazarus Group ; The Largest Cryptocurrency Theft Crew of 2018 appeared first on ZyCrypto.
2018-10-20 16:26 | |
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North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.
2018-10-20 00:22 | |
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On October 15, 2018, South Korean cryptocurrency exchange Bithumb announced they are launching their first official decentralized exchange, dubbed Bithumb DEX. The Korean crypto giant Bithumb is said to leverage OneRoot R1 protocol to increase the overall efficiency of the decentralized exchange.
2018-10-19 15:00 | |
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Bithumb to Hold ‘Special Promotion’ for New Registered Foreign Users Provide benefits for KRW 20 Million transactions with new registration during event period Bithumb, a global cryptocurrency exchange will offer a new registration event to global users who newly join and start making cryptocurrency tranactions.
2018-10-18 12:30 | |
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Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken's TrueUSD (TUSD), Circle's USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform.
2018-10-16 22:42 | |
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Earlier on today, the South Korean exchange of Bithumb, launched its very own decentralized exchange. In the news announcement, the team at Bithumb welcomed users to its platform effective October 15th, 2pm (UTC + 8).
2018-10-15 13:57 | |
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Ethereum's price surged nearly 30%, coinciding with significant SEC regulatory updates. Co-founder Jeffrey Wilcke capitalized on the rally by depositing over $75 million worth of ETH into KrakeThe post Ethereum co-founder cashes out! Is now the time to sell your ETH? appeared first on AMBCrypto.
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Notcoin has lost over 50% of its value in just seven days. While Toncoin has seen a decline in demand, the buyers remain in control of its market. NOT, the token that powers Notcoin, the plaThe post Notcoin down 55% since launch - Did Toncoin suffer as a result? appeared first on AMBCrypto.
Ethereum’s price increased by over 25% in the last seven days. Most metrics hinted at a price correction in the short-term. Ethereum [ETH] witnessed a massive price increase over the lThe post Ethereum hits $3.