2019-8-16 18:00 |
Jeju, a small island south of Seoul, is redoubling its efforts to become South Korea's regulation-free Bit-Island after losing out to Busan. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Bithumb, one of South Korea’s leading cryptocurrency exchange platforms, was recently under the spotlight after a hack resulted in the exchange losing a significant amount of funds. The exchange, earlier today, released a statement on its official blog, asking its customers to stop making cryptocurrency deposits.
2019-4-3 22:30 | |
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South Korean cryptocurrency exchange Coinbin, previously known as Youbit, declared its plans to file for bankruptcy after losing $26 million due to employee’s embezzlement.
2019-2-26 14:12 | |
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Market Wrap Crypto markets falling back slowly; EOS retakes 4th losing less than Litecoin, Maker and NEM climbing. Crypto markets have started to head south once again but the slide is a slow one at the moment and the majors are holding their positions.
2019-2-14 10:00 | |
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This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia.
2019-2-4 05:15 | |
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Bitmain Technology, the world’s largest crypto mining equipment manufacturing firm, is going to replace its chief operating officers Jihan Wu and Ketuan Zhan with a new appointee, reported the South China Morning Post.
2019-1-13 14:30 | |
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There has been no letup in the pain that crypto markets are currently in. Since they started to head south last Wednesday a whopping $70 billion has been dumped resulting in a 33% slump in total market capitalization.
2018-11-20 12:00 | |
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Changelly Recovers Over $460,000 In XRP For Bithumb In mid-June, as reported by Ethereum World News, South Korea’s foremost cryptocurrency exchange, Bithumb, fell victim to a devastating hack, losing a reported $30 million in the breach of its hot wallets, which are actively connected to the web.
2018-10-31 06:10 | |
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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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South Korea’s third-largest crypto exchange, Coinone, is reportedly looking to sell part of its chairman’s stake, with Coinbase named as a potential participant in the early talks. According to a Seoul Economic Daily report citing a company representative, Coinone plans…
The one-exchange-one-bank model is not a legal requirement but is widely followed. A government study found the setup limits access for small crypto exchanges. Large platforms dominate Korean won-based trading due to better liquidity.
Only VASP-registered platforms will stay available on the Play Store. Local exchanges like Upbit and Bithumb could gain more market share. Some traders may shift towards DeFi and non-custodial wallets.
South Korean regulators plan to lift a nine-year ban on corporate crypto investments as the country continues to warm up to the digital asset space. South Korea’s Financial Services Commission has reportedly crafted new guidelines for listed corporations and professional…
Most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset. The case reinforces stricter regulatory expectations across South Korea’s crypto sector.
South Korea's ruling Democratic Party is working to consolidate several lawmaker proposals into a revised digital asset bill.
According to reports, Mirae Asset Group is in advanced talks to buy Korbit, South Korea’s long-running crypto exchange, in a deal valued at about 100 billion to 140 billion won — roughly $70 million to $100 million.