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$571 Million in Damages: North Korean Hacking Group Lazarus Behind High-Profile Cryptocurrency Hacks

Although there have been over $882 million cryptocurrencies stolen from online exchanges since 2017, Lazarus, a North Korean, state-sponsored group is responsible for the majority of stolen tokens. According to an article published by The Next Web on October 19, 2018,  the Lazarus Group took over $571 million cryptocurrencies and will continue to do so in the future. дальше »

2018-10-22 15:00


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South Korean Lawmakers Propose the Legalization of ICOs

South Korea has maintained a reasonably negative stance on cryptocurrencies and initial coin offerings (ICOs) since their blanket ban in September 2017. According to Business Korea’s article released on October 4, 2018, however, the National Assembly is looking to convince the government to remove the ICO ban as it may undermine South Korea’s future competitiveness. дальше »

2018-10-5 09:00


North Korea’s DPRK to Host Cryptocurrency Conference In October 2018

According to a recent report, North Korea is preparing to hold a conference dedicated to blockchain technologies and cryptocurrencies. The event which is scheduled to take place in October 2018 is assumed to attract experts from around the world who will meet delegates of North Korean enterprises. The conference will be a two-day event in […] дальше »

2018-8-26 20:10


Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official

On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […] дальше »

2018-7-27 23:34


Coinrail Bounces Back After Shutdown, Will Reimburse Stolen Cryptocurrencies

South Korean crypto exchange Coinrail has reopened just over a month after suffering an attack which resulted in the theft of $40 million in cryptocurrencies. The exchange only serves domestic investors but gained worldwide notoriety when it was partially (and perhaps inaccurately) blamed for the mid-June crypto market crash. Coinrail is now offering compensation to […] дальше »

2018-7-18 03:51


CoinRail Reopens, As Reimbursement Of Stolen Cryptocurrencies Begins

A South Korean cryptocurrency startup, CoinRail, reopens a month after experiencing hacking, in which an estimate of about $40 million was lost. The company announced on its website that it has reCoinRailsumed operation after a month and will be compensating clients who the hack affected, as the company retains the confidence of the public. дальше »

2018-7-18 03:30


Coinrail Bounces Back After Shutdown, Will Reimburse Stolen Cryptocurrencies

South Korean crypto exchange Coinrail has reopened just over a month after suffering an attack which resulted in the theft of $40 million in cryptocurrencies. The exchange only serves domestic investors but gained worldwide notoriety when it was partially (and perhaps inaccurately) blamed for the mid-June crypto market crash. дальше »

2018-7-17 02:26


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New Crypto Laws Proposed by Korean Political Parties

South Korea’s National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days. Between July 13 and 26, members of a number of Korean political parties are expected to submit bills focused on regulating cryptocurrencies, initial coin offerings and blockchain, according to a report from The Korea Times. While дальше »

2018-7-12 23:33