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Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions

From now on the cryptocurrency exchanges of South Korea form a new industry named “Cryptocurrency Exchange and Brokerage” able to operate at a large capacity with full government support. The post Off ‘Communications Vendors’: South Korea Admits Crypto Exchanges Being Regulated Financial Institutions appeared first on CoinSpeaker. дальше »

2018-7-6 20:52


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The Next South Korean Cryptocurrency Exchange Tangled In Security Drama

Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets. дальше »

2018-6-26 16:30


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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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South Korea Exchange Bithumb Stops Withdrawls After Hack

$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be дальше »

2018-6-20 13:47


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Crypto Exchange Bithumb prevents retreats after the $ 31 million hack

Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to дальше »

2018-6-20 13:29


Korea University and Huobi Subsidiary announced partnership

In the name of “industry-academia” cooperation in the field of blockchain development, Korea University is reportedly teaming up with the South Korean subsidiary of crypto exchange Huobi. Huobi was originally founded in Beijing in 2013, though it is now headquartered in Singapore, with branches in the US, Japan, Hong Kong, and China. The new South […] дальше »

2018-6-14 13:08


Six People Paid by Korean Exchange Upbit for Reporting Fraudulent Crypto Schemes

A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Japan Confirms Entrance Into the Crypto Space Upbit Paid Users for Reporting Fraud One of South Korea’s largest cryptocurrency exchanges, the Kakao Corp-backed Upbit, has paid six individuals for reporting fraudulent crypto-related schemes. The exchange implemented a bounty system in дальше »

2018-6-12 05:26