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South Korean Cryptocurrency Exchange Bithumb Has Made $35 Million in 2018 Despite June Hack
Bithumb, a South Korean cryptocurrency exchange platform has reportedly seen a mid-year profit of $35 million. The virtual currency exchange made the news in June 2018 after suffering a $30 million hack which led to severe downtime on the platform. дальше »
2018-8-25 21:08 | |
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China Blocks Access to Over 120 Offshore Digital Currency Exchanges
China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers. дальше »
2018-8-24 00:24 | |
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China Bans Crypto Events in Beijing, Blocks 124 Trading Platforms
Despite a nationwide crackdown on cryptocurrencies already in place, the Chinese government went one step further and passed a decree forbidding all crypto-related events in Beijing’s financial district. дальше »
2018-8-24 00:00 | |
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Scammers Cheat South Korean Businessman Exchanging Bitcoins For Fake Euros Worth €2 million
Two fraudsters from Serbia deceived the bitcoin seller from South Korea and paid him for bitcoins wirh counterfeit euro notes, drawn in Photoshop. The damage amounted to €2 million.
дальше »2018-8-24 22:28 | |
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Bank of Thailand to Launch State-Issued Digital Currency
The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region. дальше »
2018-8-23 22:00 | |
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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges
China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 “websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland. дальше »
2018-8-23 19:00 | |
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China to crack down on 124 offshore cryptocurrency exchanges
It appears that cryptocurrency businesses are on the Chinese authorities’ radar again. China is blocking access to the websites of 124 offshore cryptocurrency exchange desks in the country, South China Morning Post (SCMP) reported today. дальше »
2018-8-23 15:21 | |
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China Continues Crackdown: No Hotels, Malls, Offices Used as Crypto Venues
Zheping Huang, reporter for South China Morning Post, claims to have verified authenticity of online documents urging further crackdowns by the Chinese government as they relate to cryptocurrency. дальше »
2018-8-23 12:05 | |
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Millionaire Loses $2.3 Million Worth of Bitcoin for Counterfeit Euros
A South Korean businessman has unfortunately lost $2. 3 million worth of bitcoin after he exchanged the cryptocurrency for crude, photocopied fake Euros. The Hard Fork reported on August 20, 2018, that a Serbian man and his accomplice managed to lure the South Korean businessman with the false intention of investing in his business. дальше »
2018-8-23 08:00 | |
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Chinese Government Cracks Down On Crypto-Related WeChat Accounts
WeChat Users Bid Farewell To Crypto News Outlets While China has been a ‘crypto hub’ for the better part of a decade, a recent set of announcements seems to show that the local government has changed its stance to be aversive to any operations related to crypto. дальше »
2018-8-23 07:37 | |
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South Korea: ICOs and Blockchain Top Priority for Ongoing ‘Extraordinary’ Meeting
The South Korean National Assembly has kickstarted an “extraordinary” meeting for discussing ICO regulation, cryptocurrency and blockchain frameworks, as well as other steps to support optimal growth of the digital assets sector, Business Korea reported. дальше »
2018-8-23 03:00 | |
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Dash Sees Surging Adoption Rates in Hyperinflation Stricken Venezuela
The cryptocurrency Dash is becoming more widely used and accepted in Venezuela. The nation’s economy has long suffered under socialist guidance, and hyperinflation is forcing citizens to look for alternatives. дальше »
2018-8-23 21:45 | |
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South Korean Lawmakers Examine ICO and Blockchain Legislation
The South Korean National Assembly is holding an extraordinary session to examine ICO and blockchain legislation in the country. Details of the Session On August 20, the South Korean National Assembly held a brief, extraordinary session to discuss the promotion of the blockchain and cryptocurrency industries and to create guidelines on ICOs. дальше »
2018-8-22 19:15 | |
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Tron (TRX) Price Analysis: Trends of August 21–27, 2018
There is probability that the price might go down within the next several trading days, by making a break out towards the south at $0.015. The post Tron (TRX) Price Analysis: Trends of August 21–27, 2018 appeared first on CoinSpeaker. дальше »
2018-8-23 15:15 | |
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South Korea’s National Assembly Keen to Discuss ICO Guidelines and Blockchain Technology
According to Business Korea, the National Assembly of South Korea convened in an extraordinary session to discuss different ways to promote cryptocurrency and blockchain technology. Although South Korea enacted a blanket ban on initial coin offerings (ICOs) in September 2017, the National Assembly is interested in creating new guidelines for the ICO industry. дальше »
2018-8-23 15:15 | |
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Russian Company Opens Country’s Largest Cryptocurrency Farm in Former Soviet Fertilizer Laboratory
A Russian company known as the Kriptoyunivers Center opened the nation’s largest cryptocurrency mining unit on Monday, August 20, 2018. According to the South China Morning Post, the mining farm is currently located in a former Soviet fertilizer-producing laboratory. дальше »
2018-8-22 14:00 | |
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New Plasma Spec To Support ‘Smart Contracts,’ But It Needs Some Work
Three developers out of Onther Inc in South Korea released a research paper on Plasma EVM, a version of Plasma that can support "smart contracts." Sounds great, but there are some security issues. дальше »
2018-8-22 23:56 | |
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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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Cryptocurrencies in Asia: S.E.A Countries Develop Crypto-Economy and Lure Businesses
Philippines, South Korea, and Thailand ease regulations to lure fintech investment as southeast Asia. In August 2018, The Cagayan Special Economic Zone and Freeport in the Northern Philippines were launched with a $100 million blockchain hub, with the hopes of becoming the “Crypto Valley of Asia. дальше »
2018-8-21 14:00 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Serbian Nationals Defraud South Korean Businessman of Two Million Euros in Bitcoin Using Counterfeit Bills
Things have turned sour for a South Korean businessman involved in an offline peer-to-peer cryptocurrency scam. The businessman swapped his digital currency for euros that turned out to be fake. Details of the Scam A South Korean businessman who runs a cryptocurrency company in Singapore had Bitcoin worth approximately $2. дальше »
2018-8-20 23:00 | |
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Blockchain Law Society Launches in South Korea
The Blockchain Law Society launches in South Korea on August 24th with a clear mandate to create a proper regulatory framework for the blockchain and associated cryptocurrencies. A number of District Judges, lawyers and cryptocurrency experts have joined forces to form the working group that can help steer the blockchain regulations that are inevitable at […] The post Blockchain Law Society Launches in South Korea appeared first on Crypto Briefing. дальше »
2018-8-20 21:03 | |
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BitConnect's Alleged Ringleader Arrested in India: Local Reports
Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID). дальше »
2018-8-20 19:54 | |
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Bitcoiner Duped For $2 Million Fake Euros
A bitcoiner has handed over his precious coins for piles of counterfeited fake euros according to the Associated Foreign Press (AFP). They say an unnamed South Korean met an unnamed... The post Bitcoiner Duped For $2 Million Fake Euros appeared first on Trustnodes. дальше »
2018-8-20 17:16 | |
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District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain. дальше »
2018-8-20 17:00 | |
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South Korea’s Parliament Discusses ICOs Amid a Race to Establish Regional Crypto Valley
South Korea’s lawmakers have extended the parliamentary session into August to address a number of bills with ICOs high on the agenda according to BusinessKorea. They say lawmakers will discuss. дальше »
2018-8-20 16:30 | |
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Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forged Bank Notes
Being fooled into investing in a scam ICO, or in a broken cryptocurrency is heartbreaking, but being fooled into swapping your Bitcoin millions for fake banknotes takes it to a new level. According to new reports, one South Korean businessman has fallen victim of just that, a scam that involved his millions being swapped for €2 million worth of fake banknotes. дальше »
2018-8-20 16:00 | |
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South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies
South Korean city Chuncheon has joined with Swytch in a partnership to expand and accelerate the city’s use of renewable energy. In a move that mirrors other government investments in the blockchain, the agreement between the city and Swytch will see the two organizations examining how to use Swytch technology to make more citizens benefit […] South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-20 13:59 | |
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Thieves use $2.3M in counterfeit money to shake down cryptocurrency millionaire
Another Bitcoin millionaire has been caught in an elaborate cryptocurrency plot. A South Korean businessman has exchanged $2. 3M worth of Bitcoin for cash – only to find the banknotes were cheap, poorly printed fakes. дальше »
2018-8-20 13:08 | |
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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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Intellectual Property (IP) Asset Trading Platform – INKubator Launches In Seoul
INKubator, the highly anticipated Global Cultural Asset Trading Platform developed by blockchain powerhouse Ink, was officially unveiled to the world in an exclusive preview in Seoul, South Korea on August 17. дальше »
2018-8-20 12:00 | |
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Crypto Traders Targeted By South African Revenue Service, Work To Track Transactions
The South African Revenue Service is currently working to improve the way it tracks cryptocurrency traders and their transactions to determine if they are paying taxes. The service’s commissioner stated that the agency is looking to explore ways to identify parties that are profiting from trading digital assets to see if they are evading taxation. […] дальше »
2018-8-20 10:15 | |
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South African Tax Authority Going After Crypto Traders
The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation. дальше »
2018-8-19 17:40 | |
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Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate
On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent. дальше »
2018-8-19 15:00 | |
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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet
In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. дальше »
2018-8-19 07:10 | |
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Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures
The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. дальше »
2018-8-19 22:10 | |
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South Korea Invests $4.4 Billion in Blockchain Technology
Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. дальше »
2018-8-18 10:00 | |
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Messaging App Line Announces a $10 million Cryptocurrency Fund
Chinese messaging app Line recently announced on August 15, 2018, the launch of a $10 million investment fund dedicated to cryptocurrency startups. Line’s South Korean-based subsidiary Unblock Corporation will operate the fund, and it will be known as Unblock Ventures. дальше »
2018-8-18 02:00 | |
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South Korean Cryptocurrency Market Targeted by New Rule Change
The government of South Korea has excluded cryptocurrency exchanges from being categorized as venture businesses. The government announced this new cryptocurrency market rule-change through a press release published on August… The post South Korean Cryptocurrency Market Targeted by New Rule Change appeared first on CoinCentral. дальше »
2018-8-18 01:05 | |
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Cryptocurrency Exchanges Excluded from Venture Firms List by South Korean Government, Angers Cryptocurrency Platform Operators
Cryptocurrency exchanges in South Korea have condemned their exclusion by the country’s government from the classification of venture firms. Many platform operators believe the development is not in the best interest of the nascent cryptocurrency industry. дальше »
2018-8-17 19:58 | |
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В сентябре Huobi Group запустит криптовалютную биржу в России
Крупный провайдер финансовых решений для блокчейн-активов Huobi Group начал сотрудничество с партнерами для запуска криптовалютных бирж в пяти странах. Среди компаньонов Huobi Group числится российский Внешэкономбанк. дальше »
2018-8-17 12:10 | |
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В сентябре Huobi Group запустит криптовалютную биржу в России (обновлено)
Крупный провайдер финансовых решений для блокчейн-активов Huobi Group начал сотрудничество с партнерами для запуска криптовалютных бирж в пяти странах. Среди компаньонов Huobi Group числится российский Внешэкономбанк. дальше »
2018-8-17 12:10 | |
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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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South Korea Budgets Nearly $4.5B for Blockchain, Emerging Tech
South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies. дальше »
2018-8-17 22:56 | |
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