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Daily Byte: Wednesday, November 28, 2018
South Korea is all in for blockchain voting, SEC chair holds out a warning flag for bitcoin ETFs, and Coinbase adds Ethereum Classic support. Plus, what’s going on with crypto and the US dollar? дальше »
2018-11-29 03:54 | |
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South Korea Approves Its First Cryptocurrency Exchange Upbit
South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure. Upbit Becomes First ISMS Licensed Exchange Upbit, South Korea’s largest cryptocurrency exchange by volume, has become the first to obtain an ISMS license. дальше »
2018-11-27 19:00 | |
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Token asset management company Cindicator expands to South Korea
CryptoNinjas Cindicator, a tokenized fintech company developing Hybrid Intelligence (human + artificial intelligence) for effective asset management, announced today the localization of all its products for the South Korean market. дальше »
2018-11-13 20:49 | |
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Korean Exchange Terminating After Regulator Crackdown
Cryptocurrency exchange Zeniex has announced that it is terminating all services after South Korea’s financial authorities started cracking down on unauthorized crypto funds. The exchange is asking its customers to withdraw their cryptocurrencies before the end-of-service date. дальше »
2018-11-11 10:10 | |
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IDEX will be blocking IPs in some countries and regions and instituting KYC procedures for all users
On October 23, Aurora, the company behind a decentralized exchange IDEX, announced via Twitter that IDEX would begin blocking new orders from users with New York State IP addresses October 25. The reason is the lack of bitlicense. дальше »
2018-11-2 12:21 | |
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Largest South Korean Exchange Launches Crypto Market Indices
The largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins. дальше »
2018-10-12 08:25 | |
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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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Ripple (XRP) Defends 5 Week EMA Amid No Signs Of A Slow Down
Chart for XRP/BTC (1W) Ripple (XRP) has defended its 5 Week EMA. This is a clear message to all the critics out there calling Ripple (XRP)’s rally a pump and dump. RSI for the above weekly chart for XRP/BTC does seem to have neared the overbought range. дальше »
2018-10-9 18:30 | |
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Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. дальше »
2018-10-8 21:05 | |
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South Korean Crypto Exchange Bithumb to Purportedly Set up Decentralized Subsidy
South Korea’s crypto exchange heavyweight Bithumb has announced that it was all set to launch a decentralized exchange in a bid to cater to its overseas expanding base in the coming few months, reported Business Korea on October 5, 2018. дальше »
2018-10-6 05:00 | |
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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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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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Upbit Announces First Blockchain Developer Conference in September 2018
Upbit plans on holding a developers conference in September 2018 where experts from all over the world are scheduled to talk about the latest in blockchain tech. Largest Blockchain Conference to Date Upbit, South Korea’s largest cryptocurrency exchange, will host a developer conference in September, the company announced. дальше »
2018-8-28 15:00 | |
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Philippines, South Korea and Thailand All Planning to Ease Crypto Regulations, Creating ‘Crypto Valleys’
Local news outlet Nikkei Asian Review reports that several Asian countries have launched simultaneous efforts to ease government regulations to attract new financial technology (fintech) companies. дальше »
2018-8-28 18:25 | |
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Nexty (NTY Token) Acceptable Crypto Payments on Jeju Island, Korea
Jeju Island South Korea’s largest island with an area of 1,846 square km, the island is also known as Jeju-do, it is Koreans only autonomous province out of all its 9 provinces. Jeju Island is quite popular among the Asians because of its distinctive geographic and cultural potentials. Its popularity has grown in the past […] дальше »
2018-8-25 20:59 | |
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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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Blockchain Firm HEX Innovation to Tackle Healthcare Information Systems in South Korea
On August 13, 2018, HEX Innovation, a blockchain-based platform designed to help individuals manage their health information, partnered with The Korea Association of Regional Public Hospital (KARPH) and TPLUS to grow the blockchain-based medical information industry. дальше »
2018-8-16 02:00 | |
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Korean Blockchain Groups Fear Crypto Exchanges Will Lose Tax Benefits From Law Amendments
South Korea Blockchain Groups Oppose Crypto Exchanges Amendments By Government August 15th 2018 – Seoul, South Korea Earlier in the year the blockchain regulatory bodies in South Korea proposed a motion to curb the increasing popularity of trading cryptocurrencies. дальше »
2018-8-16 00:06 | |
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On a Path to Recovery: Bithumb Reopens Deposits and Withdrawals
Following a disastrous security breach in June that led to losses of more than $30 million, Korean cryptocurrency exchange giant Bithumb has announced that it is set to resume deposit and withdrawal services on its platform. дальше »
2018-8-4 21:48 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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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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Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
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Come to the Blockchain Roadshow to Meet the Hottest Cryptocurrency Investors!
WBRShow is a blockchain tour organized by IDACB to establish communication between trustworthy ICO teams and the best investors. IDACB is aimed at gathering all the most perspective ICO projects together and introducing them to the investors. дальше »
2018-7-20 22:01 | |
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Japan To Regulate Korea’s Largest Crypto Exchange
On June 20, all deposits and withdrawals were suspended to update the platform and improve security system to avoid further threats. Initially, the bithumb team has recovered around 16$ million from the hack, but later controversy increased as the chairman of Financial Service Commission Kim Yong-bum got disappeared, and bithumb stopped all further deposits and […] дальше »
2018-7-17 19:49 | |
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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
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South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month
A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. дальше »
2018-7-14 19:00 | |
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Korea Blockchain Association (KBA): 12 Crypto Exchanges Pass Security Checks, 11 Fail
12 Korean Crypto Exchanges Pass Self Regulatory Probe The Korean Blockchain Association (KBA) just announced the results of a self-regulatory review of Korean exchanges, stating that all exchanges assessed fulfill the minimum requirements established by KBA in April 2018. дальше »
2018-7-13 22:16 | |
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Korean Self-Regulatory Body: 12 Cryptocurrency Exchanges Meet Minimum Requirements
The Korean Blockchain Association (KBA) has passed a vote of confidence on 12 cryptocurrency exchange platforms in South Korea. All 12 Cryptocurrency Exchange Platforms Meet the Requirements According to the KBA, all 12 participants in the audit passed the minimum requirements set forth by the Association. дальше »
2018-7-13 12:45 | |
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Korean Self-Regulatory Body: 12 Cryptocurrency Exchanges Meet Minimum Requirements
The Korean Blockchain Association (KBA) has passed a vote of confidence on 12 cryptocurrency exchange platforms in South Korea. All 12 Cryptocurrency Exchange Platforms Meet the Requirements According to the KBA, all 12 participants in the audit passed the minimum requirements set forth by the Association. дальше »
2018-7-13 00:51 | |
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Self-Regulating South Korean Exchanges Receive a Favorable Audit
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges […] дальше »
2018-7-13 00:00 | |
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South Korean MLAs work for Fast Track Cryptocarvoicity and Blackhorn Regulations
A report published on Wednesday, July 11, by The Korea Times suggests that South Korean legislators are all set to submit the draft bills to regulate the country’s cryptocurrency, blockchain and ICO markets. дальше »
2018-7-12 11:04 | |
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Korean Financial Authorities Draft Policies to Help Grow Crypto Industry
Financial authorities in Korea will ease regulations on crypto-based assets in attempts to line-up with policies brought forth by the G20 nations and foster growth in the industry. Korea Establishes “Unified Regulations” The new polices are “unified regulations” that relate to “all activities” of Korea’s cryptocurrency exchange operators — a country that has a huge. дальше »
2018-7-7 00:00 | |
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South Korea, Japan & Malta are Leading the Crypto-Friendly Regulatory Charge
Cryptocurrency-Friendly Legislation is Set In South Korea, Japan and Malta It looks like we are seeing the dawn of a new age as cryptocurrencies and blockchain are finally receiving friendly legislation all over the world. дальше »
2018-7-6 01:26 | |
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31 mln to 17mln is what crypto bithumb reduces hack loss estimation to!
Hacked South Korea crypto exchange Bithumb has lowered the estimated amount of money lost in the hack from 35 billion won (about $31 million) to 19 billion won (about $17 million), according to a support announcement Thursday, June 28. дальше »
2018-6-28 18:23 | |
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Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures. дальше »
2018-6-27 12:40 | |
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Bithumb Hack:Exchange promises to Reimburse All Users
South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($ 31.4 million) in this week’s high-profile hack — which it will repay to users in full. Bithumb: Amount Lost Could ‘Decrease’ In an update posted on June 21, the Bithumb said it was beginning “recovery” processes and that the total дальше »
2018-6-21 18:35 | |
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Bitcoin’s Upside Price Potential Could Stop With New Resistance
Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would дальше »
2018-6-21 18:27 | |
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$ 6,800 ceiling? New anti-shield Bitcoin’s Corrective Rally
Bitcoin rose to a six-day high of $6,580 on Monday on Bitfinex, adding credence to indications that the cryptocurrency could be in for a relief rally. Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, дальше »
2018-6-21 16:19 | |
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Bithumb Hack: Exchange Confirms It Will Reimburse All Users
South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($31. 4 million) in this week’s high-profile hack — which it will repay to users in full. дальше »
2018-6-21 15:00 | |
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Korean Cryptocurrency hub hacked
Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea’s leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. дальше »
2018-6-21 23:02 | |
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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack
Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. дальше »
2018-6-20 20:25 | |
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Korean Ministry Initiates Investigation Into Causes Of Bithumb Crypto Exchange Hack
The South Korean Ministry of Science and Technology (MIC) has set up a probe into the theft of $30 million from the world’s sixth largest cryptocurrency exchange Bithumb, Yonhap News reports Wednesday, June 20. дальше »
2018-6-20 18:25 | |
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Bithumb Hacked- $30 million dollars worth cryptocurrencies stolen
The world’s sixth largest cryptocurrency exchange based out of South Korea, Bithumb has announced on 19th of June that their platform has been hacked and cryptocurrencies to the tune of $ 30 million have been stolen. дальше »
2018-6-20 11:54 | |
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How Is A Small Island Like Malta Taking Over The Likes Of Japan In The Crypto-Race?
The Republic of Malta is an island located just off the Southern Italian coast. It has an estimated population of just 460,000 people and a total area, estimated at 316km2, with this in mind you can argue that all in all, Malta is quite a small place. дальше »
2018-6-14 12:30 | |
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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No, Bitcoin Price Didn’t Fall Because a Minor Cryptocurrency Exchange was Hacked
The Bitcoin price has taken another massive dip over the weekend. Pinpointing the exact reason for that development is not all that easy. Some people blame the hack of CoinRail to be the culprit. дальше »
2018-6-11 10:07 | |
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