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South Korea’s Bithumb Sells a Stake to BK Global Consortium for $350 million
The deal would make BK Global Consortium the biggest controller of Bithumb and give the company a great competitive advantage. The post South Korea’s Bithumb Sells a Stake to BK Global Consortium for $350 million appeared first on CoinSpeaker. дальше »
2018-10-12 11:37 | |
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Guess Who’s Hiding The Most Bitcoin
There are conspiracy theories and speculation all over the crypto space on who holds the most Bitcoin that is currently in circulation. Big mining firms, exchanges, and funds are mainly called Whales as they hold on to the most Bitcoin and have been called responsible for the big amounts of Bitcoin around today. дальше »
2018-10-11 14:00 | |
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3 Major South Korean Crypto Exchange Hacks to Date
South Korea plays an important role in the cryptocurrency world. Ever since China lost its dominant position, South Korea has become of the Asia’s biggest Bitcoin and altcoin trading hubs. That success comes with potential issues, as numerous exchanges have been hacked in the process. дальше »
2018-10-8 20:00 | |
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South Korea’s Chief Policy Maker Insists on Legalizing ICOs
In a recent speech given to the National Assembly, Chairman of South Korea’s National Policy Committee Min Byung-Doo urged Korean regulators to legalize initial coin offerings (ICOs). дальше »
2018-10-4 22:11 | |
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No, blockchain can’t solve the Irish border problem
When Britain narrowly voted to leave the European Union in 2016, it opened a can of worms, the biggest of which was the Irish border. The United Kingdom shares a 310-mile land border with the Republic of Ireland. дальше »
2018-10-2 16:19 | |
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Regulatory News Have Biggest Impact On Crypto Prices: Report
When media outlets report regulatory news such as bans on crypto (think China, Venezuela and South Korea) and treatment of initial coin offerings (ICOs) under securities laws (think U. S. ), these have the greatest negative effect on valuations, according to Sept. дальше »
2018-9-25 17:30 | |
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NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool
Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U. S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018. дальше »
2018-9-25 01:00 | |
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Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America
Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin . дальше »
2018-9-13 19:00 | |
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How ICON Partnered with Korea’s Biggest Insurance Firm to Develop Blockchain Apps
This past June, ICON, the most valuable blockchain project in South Korea, secured a strategic partnership with Kyobo Life, the country’s largest insurance firm alongside Samsung, to develop blockchain-based services. дальше »
2018-8-29 16:00 | |
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China’s Biggest Tech Companies Join Anticrypto Cause
Baidu, Alibaba and Tencent have decided to clamp down on cryptocurrency-related activities on their platforms. According to an article in the South China Morning Post (SCMP) published on Aug 27, these Chinese companies may have taken these measures to align with the strict stance taken by Chinese authorities. дальше »
2018-8-28 18:55 | |
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Three Suspects in China’s Biggest $87 Million Cryptocurrency Heist Arrested By Police
Chinese police have recently arrested three men for hacking and stealing 600 million yuan ($87 million) in cryptocurrencies. According to the South China Morning Post, the Xian Police officers stated on Saturday, August 18, 2018, that when it came to cryptocurrency criminal investigations in China, this was the largest number of stolen cryptocurrencies in the nation. дальше »
2018-8-21 16:00 | |
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Three Chinese Men In Custody Over $87M Cryptocurrency Theft
Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million). Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether. дальше »
2018-8-20 12:00 | |
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Japan’s Biggest Social Network LINE Launches $10M Blockchain Investment Fund
Yet another blockchain investment fund is set to launch in South Korea. Messaging giant Line furthers its foray into the field of cryptocurrencies and is dedicated to streamlining early-stage startup investments with a $10 million fund. дальше »
2018-8-17 10:00 | |
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Korea’s Largest Cities Want to Become Crypto Capitals, Market Optimistic
Following the release of a new regulatory framework for crypto businesses and blockchain projects, major cities in South Korea have started to build regional policies to fuel the growth of cryptocurrency-related companies. дальше »
2018-8-16 13:39 | |
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South Korea’s Biggest Cryptocurrency Exchange ‘UPbit’ comes out clean in audit
According to reports from a Korean accounting firm, the biggest South Korean crypto exchange UPbit is cleared of charges from the allegations that were made against it last May. The exchange was blamed to have manipulated its balance sheet which resulted in a rise in its trading values. Soon after unknown sources claimed that the firm […] дальше »
2018-8-8 02:57 | |
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South Korea’s Biggest Crypto Exchange UPbit Proves Innocence of Balance Sheet Manipulation
Korea’s biggest crypto exchange UPbit came out clean in audit after raid, proving the solvency of the exchange. The post South Korea’s Biggest Crypto Exchange UPbit Proves Innocence of Balance Sheet Manipulation appeared first on CoinSpeaker. дальше »
2018-8-6 14:00 | |
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Korea’s Crypto Exchanges are Backed by the Country’s Biggest Bank and Internet Firm
South Korea’s two largest crypto exchanges UPbit and Gopax are backed by the country’s biggest bank and internet company Shinhan Bank and Kakao. Importance of Shinhan Bank’s Involvement The vast majority of investors in South Korea are already well aware that the country’s major crypto exchanges are financed and operated by some of the largest. дальше »
2018-8-6 13:14 | |
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South Korea’s Biggest Exchange UPbit 100% Solvent, New Report Finds
A new report from a Korean accounting firm has found the South Korean crypto exchange giant to be 100% solvent in light of recent worries about misconduct. A May raid on the company’s headquarters worried investors, who are now letting out sighs of relief as audits reinforce the company’s integrity. дальше »
2018-8-6 11:00 | |
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Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security […] дальше »
2018-8-3 10:06 | |
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Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason
According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […] дальше »
2018-8-2 15:47 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Unconfirmed: Binance to enter South Korean Market – A new dawn set to rise?
While the whole market is rejoicing the cryptocurrency bull run, Binance, one of the biggest cryptocurrency exchange platform is all set to enter the South Korean market. The news is reported by a local news portal, Korea Business but has not been confirmed by Binance. дальше »
2018-7-25 22:50 | |
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Korea’s Largest Crypto Exchange is Moving to Japan, Outrage From Investors
Bithumb, the largest crypto exchange in South Korea by trading volume and user base, is expanding to Japan, the biggest market for cryptocurrency investors. The post Korea’s Largest Crypto Exchange is Moving to Japan, Outrage From Investors appeared first on CryptoSlate. дальше »
2018-7-16 05:00 | |
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South Korea Blockchain Association Got Under Fire After Approving 12 out of 12 Crypto Exchanges
The biggest self-regulatory cryptocurrency body is under scrutiny of Korean industry for its investigation principles affirming 12 out of 12 digital trades screened in a recent self-administrative drive. дальше »
2018-7-13 21:41 | |
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Korea’s Telecom Giant: Country’s Biggest Crypto Exchange Hack Caused by APT
For the third time in two years, Bithumb, South Korea’s biggest crypto exchange, was hacked in June 2018. SK, the country’s telecom giant, stated that the hack was likely caused by APT attacks. The post Korea’s Telecom Giant: Country’s Biggest Crypto Exchange Hack Caused by APT appeared first on CryptoSlate. дальше »
2018-7-9 17:00 | |
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Why Kakao, Korea’s Biggest Internet Firm, Was Forced to Pivot From ICO to DApp
Line and Kakao, two of the largest messaging applications in Asia alongside WeChat, with more than 90 percent of the market share in Japan and South Korea respectively, are battling for dominance in the blockchain sector with unique partnerships and decentralized applications. дальше »
2018-7-3 20:00 | |
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Biggest Mileage System in Korea OKCashBag With 35 Million Users Will Use Cryptocurrency
OKCashBag, the biggest mileage and membership system in South Korea operated by SK – the country’s largest telecommunications conglomerate– is preparing to integrate major digital assets to incentivize users with cryptocurrency. дальше »
2018-7-3 18:00 | |
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Bithumb Expects Actual Losses to Be Lower, Promises Reimbursement to Affected Clients
Earlier this week, the cryptocurrency community was once again dumbfounded when millions of dollars worth of digital coins went missing as hackers successfully breached Bithumb, which is South Korea’s biggest crypto exchange. дальше »
2018-6-25 19:42 | |
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Still Many Unknowns After $30,000,000 Stolen From Bithumb
South Korea’s biggest cryptocurrency exchange Bithumb is scrambling to protect users funds after a large scale hack. Bithumb has already assured customers affected by the hack will be compensated for their losses. дальше »
2018-6-21 02:16 | |
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