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Largest South Korean Parties Promise Bitcoin ETFs Before Election
With South Korean elections mere weeks away, both contenders have pledged to approve a Bitcoin ETF. Slight additional policy differences distinguish the two options. дальше »
2024-2-22 18:00 | |
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Korean Regulators Vow to Keep Exchanges in Check Amid Bitcoin Spring
While the surge in bitcoin and altcoin prices has ushered in another wave of excitement into the cryptospace, South Korean authorities remain focused on managing local expectations surrounding the industry. дальше »
2019-5-29 15:00 | |
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LocalBitcoins in South Korea Records New Trading Volume History in KRW After Bitcoin’s Positive Trend
South Korean traders have been very excited about the recent price increase in Bitcoin (BTC) and digital assets. According to data provided by Coin Dance, the weekly LocalBitcoin volume has set a new record a few days ago. дальше »
2019-5-28 02:22 | |
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How Korean Regulators Helped Bust The ICO Party (And Usher In The Recovery)
Who could forget the end of 2017? A booming bitcoin price dragged the entire market up as the OG crypto tickled the underbelly of $20,000 on December 16. Cryptocurrencies were seemingly on the brink of imminent widespread adoption. дальше »
2019-5-27 17:13 | |
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Seoul Mayor still Bullish on Blockchain for Smart City Initiatives
South Korean news outlet Queen. co. kr reported May 20, 2019, that the Seoul city mayor Park Won-soon during the ‘Korea Future Forum & Blockchain Tech Show’ highlighted the use of blockchain and Ai in recording and storing data. дальше »
2019-5-21 19:00 | |
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South Korean Bitcoin Exchanges Post Highest Fiat Influx
An average bitcoin investor in South Korea has dumped more fiat money than the one in other countries, reveals CryptoCompare. The London-based data analytics firm found that cryptocurrency exchange BitHumb has received over $16 billion worth of fiat money in April 2019. дальше »
2019-5-20 18:06 | |
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Bithumb: South Korean exchange to resume deposits and withdrawals for XRP, EOS and BCH
Bithumb, the South Korean cryptocurrency exchange which was hacked on March 29, is set to resume withdrawals and deposits for three of the top six cryptocurrencies. In a May 15 announcement, the exchange stated that XRP, Bitcoin Cash [BCH] and EOS [EOS] would be the first few virtual currencies to resume trading. дальше »
2019-5-15 08:29 | |
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Bithumb Crypto Exchange Launches Perpetual Futures Trading Platform
Bithumb Global, a leading South Korean bitcoin trading platform and crypto exchange, has announced the launch of its global digital assets exchange service that will support multiple fiat currency trading pairs and a perpetual futures trading with up to 100x leverage, according to a press release on May 13, 2019. дальше »
2019-5-15 19:00 | |
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Bithumb launches bitcoin perpetual futures with 100x leverage
CryptoNinjas Bithumb, a South Korean bitcoin and cryptocurrency exchange company, today launched a global exchange service incorporating multiple fiat currency trading pairs, as well as perpetual futures trading, with leverage up to 100x. дальше »
2019-5-14 08:27 | |
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Bitcoin Nation: 22 Million US Crypto Traders Dwarf Global Rivals
By CCN: The overwhelming majority of crypto traders come from the United States, according to surprising new research from DataLight. The firm analyzed traders using the top 100 Bitcoin exchanges and found that over 22 million users hail from America. дальше »
2019-5-6 03:00 | |
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Bitcoin Cash [BCH]: Roger Ver divulges details about SLP based token for K-pop
The latest luminary in the space to come out in support of a mainstream usage of crypto is Roger Ver, the Chief Executive Officer [CEO] of Bitcoin. com and a voracious supporter of Bitcoin Cash [BCH]. дальше »
2019-5-5 03:30 | |
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Fin Foundation Plans to Implement Token Payment on Gas Stations all over Western Europe
Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations. дальше »
2019-4-28 20:35 | |
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Samsung Invests $2.9 Million in Crypto Wallet Manufacturer Ledger
Telecom giant Samsung has invested 2. 6 million euros ($2. 9 million) into crypto wallet manufacturer Ledger, the French financial publication Capital reports. The investment gives the France-based startup a nearly $290 million valuation, per the report. дальше »
2019-4-26 22:16 | |
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Fin Foundation Plans to Implement Token Payment on Gas Stations all over Western Europe
Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations. дальше »
2019-4-25 17:55 | |
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. дальше »
2019-4-25 17:04 | |
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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges
Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »
2019-4-24 22:55 | |
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Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year
Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64. дальше »
2019-4-23 21:15 | |
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Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98. дальше »
2019-4-23 18:00 | |
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 22
South Korean investors are reportedly buying the dip. Where are major coins heading in the near future? Let’s find out
дальше »2019-4-23 21:45 | |
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Average Crypto Investment by Middle-aged Koreans has Doubled Since 2018
The average cryptocurrency investment by middle-aged South Korean investors has doubled over the past year. Also, the median amount invested in cryptocurrencies by retail investors in the country has increased since 2018, signifying a rise in confidence despite the bear market. дальше »
2019-4-22 16:14 | |
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5th Biggest Korean Bitcoin Exchange Closes Shop
Coinnest, one of the largest Bitcoin exchanges in South Korea has announced that it will be shutting down following a litany of administrative, financial and legal issues. 5th Largest South Korean Bitcoin Exchange Closes Shop In a statement published on the company’s website on Thursday (April 18, 2019), the platform announced its decision to shut up shop. дальше »
2019-4-20 13:00 | |
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Top Bitcoin Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Crypto Funds
Top Crypto Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Funds As many of our regular readers may recall, late last month, leading South Korean crypto exchange Bithumb fell victim to a hacking scandal which saw the company lose a little over USD $18 million worth of assets. However, as soon as this […] дальше »
2019-4-19 20:14 | |
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South Korea: Crypto Exchange Coinnest Shutting down Operations
Coinnest, a leading South Korean exchange, and bitcoin trading venue have announced it’s closing shop due to challenging market conditions and other unfavorable factors that have hampered its continued growth, according to a press release by the firm on April 18, 2019. дальше »
2019-4-19 01:00 | |
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Mueller Report: Russia Used Bitcoin to Fund DNC Hacks
An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims. дальше »
2019-4-19 23:21 | |
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South Korean Firm Adopts 5G Blockchain Technology to Fight IoT Hacks
There is a new tool in the fight against hacks as Korea Telecom (KT) has unveiled a new blockchain-based 5G network that masks the IP addresses of IoT device users, reported on April 16, 2019. Unhackable Technology has brought the world many great gifts such as better communication and the fast sharing of information. дальше »
2019-4-17 20:00 | |
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Just One of Korea’s ‘Big Four’ Bitcoin Exchanges Profited in Crypto Winter 2018
By CCN. com: South Korea is the fourth most active country in the world in crypto trading, per Coinhills. This, however, did not count for much as three of the country’s top four bitcoin exchanges recorded losses in 2018. дальше »
2019-4-17 15:37 | |
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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses
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. дальше »
2019-4-12 13:00 | |
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Bithumb registers net loss of $180 million following Bitcoin’s price drop
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. дальше »
2019-4-11 23:30 | |
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This Crypto Surged 37% on Thursday, Nudged Korean Traders to Dump Bitcoin
Price of Crypto. com Chain (CRO) on Thursday surged up to 37. 33% ahead of the European market open. The CRO-to-dollar exchange rate established an intraday high towards $0. 085, bringing its total jump since April 2 close to 100-percent. дальше »
2019-4-12 17:53 | |
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Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018
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. дальше »
2019-4-11 14:07 | |
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Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?
It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated BTC prices in South KoreanRead MoreRead More. дальше »
2019-4-11 01:00 | |
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Bitcoin’s Key Indicator Flashing Bullish Again, Mirroring Pre-5K Breakout
The return of a previously well-known phenomenon to Bitcoin this week continues to excite traders as Bitcoin price pushes above $5250. Return Of The ‘Kimchi Premium’ Spotted online by social media traders, the so-called ‘Kimchi Premium’ – a surcharge on the Bitcoin price specifically impacting South Korean investors – is making a comeback on local cryptocurrency exchanges. дальше »
2019-4-10 12:00 | |
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South Korea: Lawmakers Clamor for Less Stringent Cryptocurrency and Blockchain Policies
A group of South Korean lawmakers have expressed concern over the strict regulatory policies of the Financial Service Commission (FSC) on the cryptocurrency and blockchain sector and subsequently called for deregulation. дальше »
2019-4-9 21:00 | |
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Korean Investigators Use Artificial Intelligence To Catch Crypto Scammers
A bitcoin Ponzi scheme was brought down thanks to the diligence of Korean civil servants who developed software capable of recognizing advertisement patterns used in pyramid scams.
дальше »2019-4-10 19:59 | |
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Artificial Intelligence Helps Korean Police Bust $19 Million Bitcoin Ponzi
A special South Korean investigative agency in Seoul has successfully used Artificial Intelligence (AI) to unravel a cryptocurrency Ponzi scheme that defrauded 56,000 people of more than $18. 7 million. дальше »
2019-4-8 15:30 | |
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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam
South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »
2019-4-8 12:29 | |
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Vitalik Buterin Urges South Korea to Deregulate Blockchain, Embrace Crypto
Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws are overly restrictive and therefore, inhibit innovation. дальше »
2019-4-7 14:15 | |
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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program
North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »
2019-4-5 13:00 | |
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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software
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. дальше »
2019-4-2 21:54 | |
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Moonday Mornings: Bithumb hacked for $19M, SEC delays Bitcoin ETF decision again, and more
It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet. дальше »
2019-4-1 10:51 | |
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Down the Bitcoin March Memory Lane when BTC Surpassed $1 Billion in Market Cap for the First Time
In the present time, this week we saw popular South Korean exchange Bithumb being hacked that lost millions of EOS in a suspected insider job. A little known Singaporean cryptocurrency exchange DragonEx was also hacked for cryptocurrencies including Bitcoin, Ethereum, Litecoin and number of other tokens. Another case has been of CoinBene that involved a […] дальше »
2019-4-1 23:12 | |
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Massive Bitcoin Exchange Hack Exposes Bithumb’s Arrogant Disregard of Security
In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. дальше »
2019-3-31 20:30 | |
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North Korean Hackers Don’t Give a $#%! about Crypto Winter
The cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. дальше »
2019-3-28 02:30 | |
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PR: Bitcoin.com Partners With Jeju Blockchain Smartcity Association to Spread BCH Adoption
Roger Ver, CEO of Bitcoin. com has agreed to help the Jeju Blockchain Smartcity Association grow the BCH ecosystem. On March 25th, Roger Ver agreed to collaborate with the Jeju Blockchain Smarcity Association in Korea. дальше »
2019-3-25 12:30 | |
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Ethereum Blockchain Being Used to Issue North Korean Visas
From March 24, 2019, people wishing to visit North Korea may do so by purchasing ERC-721 visas issued on the Ethereum blockchain by a North Korean dissident group. Future Entry Besides the predominantly commercial use of blockchain, there have been a handful of other less-popular social aspects of its application. дальше »
2019-3-22 21:00 | |
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North Korean dissidents are using Ethereum to overthrow Kim Jong-un
Political dissidents known as the Cheollima Civil Defense (CCD) are selling special “post-liberation blockchain visas” for cryptocurrency in a bid to raise funds for overthrowing Kim Jong-un — and they’ve already collected over $57,000 in Bitcoin. дальше »
2019-3-20 17:03 | |
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Bitcoin Exchange Bithumb Announces 50% Layoffs
South Korea’s largest Bitcoin exchange, Bithumb, has announced layoffs of 50%, the latest casualty of “crypto winter. ” B A report in Korean media issued earlier today shows that the exchange will be cutting its staff from 310 to around 150. дальше »
2019-3-19 02:20 | |
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HSBC to Ally with Korean Banks for Commercial Launch of Voltron Blockchain
HSBC Bank Plc, one of the largest banking and financial institutions in the world, is looking to form a strategic partnership with South Korean lenders in a bid to make its Voltron distributed ledger technology (DLT) platform commercially available for the settlement of trade invoices and more, reports The Korea Times on March 12, 2019. дальше »
2019-3-14 20:00 | |
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