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This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone
Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain. дальше »
2019-4-16 07:05 | |
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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More. дальше »
2019-4-12 13:00 | |
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South Korea’s Military-Affiliated DAPA Agency Plans a New Blockchain Trial for Data Defense Protection
A South Korean agency charged to buy military equipment, the Defense Acquisition Program Administration (DAPA) has recently announced the launch of a new blockchain pilot project which has the goal of improving the business operations of the country’s defense sector. дальше »
2019-4-11 02:19 | |
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All-in-one cryptocurrency payment ecosystem HUPAYX ready to launch
CryptoNinjas Human Plus, a South Korean startup specializing in developing a crypto payment platform recently unveiled its human-centric payment solution with efficient cryptocurrency utilization ecosystem called HUPAYX that aims to transform payment infrastructure with its blockchain cryptocurrency payment platform. дальше »
2019-4-11 01:58 | |
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Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?
It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated BTC prices in South KoreanRead MoreRead More. дальше »
2019-4-11 01:00 | |
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South Korea: Lawmakers Clamor for Less Stringent Cryptocurrency and Blockchain Policies
A group of South Korean lawmakers have expressed concern over the strict regulatory policies of the Financial Service Commission (FSC) on the cryptocurrency and blockchain sector and subsequently called for deregulation. дальше »
2019-4-9 21:00 | |
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Bipartisan South Korean Lawmakers Call on Gov’t to Ease Crypto, Blockchain Regulation
A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation of cryptocurrencies and blockchain technology
дальше »2019-4-8 11:21 | |
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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more
It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »
2019-4-8 11:17 | |
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Vitalik Buterin Urges South Korea to Deregulate Blockchain, Embrace Crypto
Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws are overly restrictive and therefore, inhibit innovation. дальше »
2019-4-7 14:15 | |
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South Korean government officials consider making cryptocurrency, blockchain regulations laxer
The cryptocurrency world has been pushing its limit to educate people about blockchain and cryptocurrency globally. South Korea was one of the countries to adopt the new tech, but framed strong regulations to keep the field from the illicit players. дальше »
2019-4-6 19:30 | |
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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program
North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »
2019-4-5 13:00 | |
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MakerDAO working Korean partners to drive local cryptocurrency adoption
CryptoNinjas MakerDAO, the issuer of Dai, the first and largest stablecoin on the Ethereum blockchain, has announced that following last month’s official launch of the National Relayer Campaign in Korea, the MakerDAO Korean community has worked closely with its partners including VANTA, a decentralized. дальше »
2019-4-4 04:10 | |
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Korean Startup Develops Content Sharing Platform With a Built-In Copyright Protection System
New Korean-based startup ContentsDeal is addressing the issue of copyright infringement by launching a distributed content streaming application with an automated payout system on the blockchain. Additionally, the platform offers sharing of online comics, popular in South Korea, as well as video content. дальше »
2019-4-2 09:28 | |
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SBI Savings Bank goes live with ICONLOOP’s blockchain-based personal authentication
CryptoNinjas ICONLOOP, the South Korean based blockchain technology company, has announced that it has integrated its blockchain powered personal authentication service for SBI Savings Bank. дальше »
2019-4-2 02:00 | |
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Moonday Mornings: Bithumb hacked for $19M, SEC delays Bitcoin ETF decision again, and more
It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet. дальше »
2019-4-1 10:51 | |
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Was Bithumb Hacked For Millions Worth Of Crypto? EOS Blockchain Suggests So
Months after the Cryptopia debacle and mere days after the DragonEx imbroglio, reports and blockchain data suggest that Bithumb, South Korea’s largest crypto exchange has been hacked (yet again) for a large amount of EOS and potentially XRP. дальше »
2019-3-30 08:27 | |
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North Korean dissidents raise $14K with 100th ‘post-liberation visa’ on Ethereum blockchain
North Korean crypto-revolutionary crew Civil Cheollioma Defense (CCD) has issued its 100th “post-liberation blockchain visa” via the Ethereum blockchain. The group says it has been selling its tokenized visas (G-Visas) since Monday morning, after it claimed it necessary to delay sale for roughly 12 hours due to high demand. дальше »
2019-3-27 14:32 | |
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South Korean Messaging Giant Kakao, Irish Startup Partner for Blockchain Payment Methods
South Korean messaging giant Kakao Corp will work on developing a blockchain-based payment system with Irish ticketing startup Festy
дальше »2019-3-27 16:21 | |
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There’s now a black market for Ethereum-based visas to North Korea
It appears North Korean revolutionaries Cheollima Civil Defense (CCD) are indeed selling their “post-liberation blockchain visas. ” More than 60 have been distributed so far – and now, there’s even a black market for the Ethereum-based visas. дальше »
2019-3-25 15:30 | |
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PR: Bitcoin.com Partners With Jeju Blockchain Smartcity Association to Spread BCH Adoption
Roger Ver, CEO of Bitcoin. com has agreed to help the Jeju Blockchain Smartcity Association grow the BCH ecosystem. On March 25th, Roger Ver agreed to collaborate with the Jeju Blockchain Smarcity Association in Korea. дальше »
2019-3-25 12:30 | |
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How Strong Partnerships Benefit Fantom, the New ‘Korean EOS’
Coinspeaker How Strong Partnerships Benefit Fantom, the New ‘Korean EOS’Fantom, the world’s first DAG-based smart contract platform, is about to become a next-generation alternative to blockchain. дальше »
2019-3-23 19:20 | |
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Ethereum Blockchain Being Used to Issue North Korean Visas
From March 24, 2019, people wishing to visit North Korea may do so by purchasing ERC-721 visas issued on the Ethereum blockchain by a North Korean dissident group. Future Entry Besides the predominantly commercial use of blockchain, there have been a handful of other less-popular social aspects of its application. дальше »
2019-3-22 21:00 | |
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Kakao’s blockchain project Klaytn lists 3rd batch of initial service partners
CryptoNinjas Klaytyn, a public blockchain platform of the leading South Korean mobile platform Kakao reported today that its subsidiary ‘Ground X’ held ‘Klaytn Partners Day’ on March 19th at Kakao office in Pangyo. дальше »
2019-3-21 00:17 | |
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Korean Giant Kakao Corp to Introduce Crypto Wallets Soon to 44 Million Users
South Korea has always been one of the nations where cryptocurrencies generate a strong enthusiasm in the population, and several major corporations are determined to exploit the full potential of blockchain technologies and their surrounding. дальше »
2019-3-20 21:02 | |
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North Korean Revolutionaries Turn to Crypto to Oust Kim Jong-un
An organized dissident revolutionary group calling itself Cheollima Civil Defense is actively working to overthrow Kim Jong-un and the government of North Korea. The group has announced that they will be selling visas to the new country beginning Sunday, and supporters can pay with the Ethereum cryptocurrency. дальше »
2019-3-21 19:39 | |
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North Korean dissidents are using Ethereum to overthrow Kim Jong-un
Political dissidents known as the Cheollima Civil Defense (CCD) are selling special “post-liberation blockchain visas” for cryptocurrency in a bid to raise funds for overthrowing Kim Jong-un — and they’ve already collected over $57,000 in Bitcoin. дальше »
2019-3-20 17:03 | |
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S Korean Startup Dunamu Launches Consortium-Based Blockchain Service Platform Luniverse
Dunamu, Inc. , a South Korean fintech startup and the operator of crypto-asset exchange Upbit, has announced the launch of Luniverse, a consortium-based blockchain service platform. Lambda256, Dunamu’s research arm, was responsible for the development of Luniverse and will be spun off as a subsidiary, Dunamu said on Tuesday. дальше »
2019-3-20 01:07 | |
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Korean Crypto Sector Is Booming: Kakao Messaging App (44M Users) To Integrate Crypto Wallets
Kakao, South Korea’s biggest messaging app with over 44 million active users, is purportedly integrating a crypto wallet that… The post Korean Crypto Sector Is Booming: Kakao Messaging App (44M Users) To Integrate Crypto Wallets appeared first on Invest In Blockchain. дальше »
2019-3-20 23:34 | |
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Seoul Medical Center to Launch Blockchain Tech Project With Korean Science, IT Ministry
The Seoul Medical Center is set to launch a platform based on blockchain tech, developed with the Korean Ministry of Science and ICT
дальше »2019-3-20 14:35 | |
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HSBC to Ally with Korean Banks for Commercial Launch of Voltron Blockchain
HSBC Bank Plc, one of the largest banking and financial institutions in the world, is looking to form a strategic partnership with South Korean lenders in a bid to make its Voltron distributed ledger technology (DLT) platform commercially available for the settlement of trade invoices and more, reports The Korea Times on March 12, 2019. дальше »
2019-3-14 20:00 | |
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Samsung Galaxy S10 Wallet Supports Ether, CryptoKitties — But Not Bitcoin
When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet. дальше »
2019-3-13 22:31 | |
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Seamon Seafood Trade Blockchain Startup Receives Investment from South Korea’s Bae Yong-joon
Blockchain has been making its way around the world, and the new startup Seamon has already been working to integrate the technology to their seafood trade. Considering the value that is easily found in blockchain technology, it should come as no surprise that popular South Korean businessman and actor Bae Yong-joon has chosen to invest […] дальше »
2019-3-12 20:57 | |
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Big Fat Pump: Crypto.com Chain (CRO) Jumps 168% in a Day
A cryptocurrency had bulls for breakfast this Tuesday, with steroids as a topping. Crypto. com Chain, a blockchain project which reportedly enables instant crypto transactions, saw its native token CRO jump as much as 168 percent today. дальше »
2019-3-13 20:10 | |
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Kakao to Start Another Round of Funding Following $90 Million Initial Round
Following a $90 million raise from KaKao Corp. for their upcoming blockchain platform, it has been announced on March 10, 2019, that they will begin a new round on March 12, 2019. Getting a Head Start As part of the latest group of South Korean firms venturing into blockchain such as the Kolon Group andRead MoreRead More. дальше »
2019-3-12 21:00 | |
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Kakao Follows $90M ICO With Fresh $90M Funding Goal
South Korean internet giant Kakao Corp has seen major success during its private initial coin offering (ICO) and will raise more funds this week. Kakao Doubles Down As Bloomberg reported March 10, Kakao, which confirmed it has raised $90 million from token sales, wants to double the figure to $180 million — and could even do so this week. дальше »
2019-3-11 14:00 | |
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Gold-backed token DGX listed on Korean crypto exchange ProBit
CryptoNinjas Digix, the platform that makes gold bars easily divisible and transferable on the Ethereum blockchain, announced this week it has expanded access within the Korean market with the listing of its gold-backed token, DGX, on ProBit, a popular crypto exchange, and marketplace. дальше »
2019-3-8 01:49 | |
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South Korean Prosecutors Create Task Force to Combat Crypto Criminals
Seoul prosecutors announced on March 5, 2019, that they are forming a “Task Force” with the sole purpose of fighting off crypto and fintech-related crimes of fraud as reported by the country’s News1 Agency. дальше »
2019-3-7 10:00 | |
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South Korea: Kakao Ventures Invests Undisclosed Sum in Stablecoin Project Terra
Terra, a blockchain-powered payments platform has received an undisclosed investment from South Korean venture capital firm Kakao Ventures, reports Crowdfund Insider, March 4, 2019. Kakao Goes All in on Terra Saying that South Korea has emerged as one of the global hotbeds for everything blockchain and crypto wouldn’t be a stretch by any means. дальше »
2019-3-5 21:00 | |
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Digix gets first listing in Korea on crypto exchange ProBit
Digix, the platform that makes gold bars easily divisible and transferable using blockchain, today announced it has expanded its presence in the Korean market with the listing of its token, DGX, on cryptocurrency exchange, ProBit. The announcement... Source дальше »
2019-2-28 23:32 | |
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South Korea’s Blockchain Project ICON Tunes Out Noise Regarding IPO Plan Rumors
ICONLOOP, the South Korean development company behind the project ICON, has recently denied the rumors that the company is trying to hold an Initial Public Offering (IPO) soon. All the rumors started after a local media company called Pulse News used an unnamed source from the banking industry to affirm that ICONLOOP was trying to […] дальше »
2019-2-28 22:11 | |
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Employee Embezzlement Forces South Korea’s Coinbin Crypto Exchange to Call it Quits
Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019. дальше »
2019-2-26 22:00 | |
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South Korean Retailer Displays Enjin Crypto Wallet On Samsung Galaxy S10: Is It A Mistake?
Enjin Wallet Displayed On Galaxy S10 Promotional Material Shash, a crypto enthusiast and content creator based out of Singapore, recently took to Twitter to note that a promotional image pertaining to Samsung’s “Blockchain Keystore” leaked,. дальше »
2019-2-25 11:50 | |
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New Crypto Partnership Rumor with Enjin Coin (ENJ) and Samsung Galaxy S10 Blockchain Keystore Surfaces
Rumour: Is Samsung Partnering With Enjin (ENJ) to Create a Blockchain Wallet For its Upcoming Galaxy S10 Smartphone? If latest rumours are to be believed, a number of “anonymous Korean insiders” are claiming that Samsung has paired up with Enjin Wallet so as to create a crypto-security solution for its flagship S10 mobile-phone. In this […] дальше »
2019-2-25 10:37 | |
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