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Some Cryptos Trading 500% Higher on Bithumb, Market Manipulation Woes

Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown accustomed to over the most recent months. дальше »

2018-7-30 08:04


South Korean Regulator Compels Lawmakers to pass the crypto bill urgently

Regulation South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, the Financial Services Commission (FSC), has urged lawmakers to “pass the country’s дальше »

2018-7-28 11:06


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


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Binance’s South Korea Expansion Plan: Exchange Doesn’t Deny but Plays Down Hype

Crypto traders in South Korea could soon have direct access to Binance’s trading platform. According to a speculative report circulating in the Korean media, the largest cryptocurrency exchange in the world (by trading volume) is preparing to tap in on South Korea’s booming digital asset market by setting up a regional office in the country. дальше »

2018-7-26 17:28


Top S. Korean Telephone Company Reveals Blockchain Network

State-owned KT Corporation, South Korea’s largest telephone company, has announced the launch of its blockchain-powered commercial network. The firm has built a blockchain layer on top of its existing nationwide network in order to make it “more secure and transparent,” according to an article by The Korea Herald published Tuesday, July 24. The news outlet дальше »

2018-7-25 00:32


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South Korean Regulators Create Exclusive Cryptocurrency Department for Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


Фото:

South Korean Regulators Create Exclusive Cryptocurrency Department For Policymaking

The South Korean cryptocurrency ecosystem has achieved another feat in its journey towards legalization. The South Korean Financial Services Commission (FSC) has announced on July 17, 2018, via a press release that it would conduct an organizational reshuffle, in a bid to establish a body called Financial Information Bureau (FIB), to oversee the Fintech, big data and cryptocurrency sectors. дальше »

2018-7-24 23:00


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A Shipwreck, a Sunken Treasure, and a Possible Crypto Scam

A South Korean company has claimed to have discovered the 113-year old wreck of the Russian battleship Dmitrii Donskoii, reportedly containing more than $100 billion worth of lost gold. While the matter of who actually has salvage rights remains contested, a cryptocurrency exchange has emerged, offering to “share profits” from the wreck with its users. дальше »

2018-7-22 08:00


South Korean financial regulator to fit cryptocurrency innovation in its new structure

According to Forbes, the Financial Services Commision [FSC], South Korea’s financial regulatory authority is looking to develop the cryptocurrency and blockchain space. The FSC plans to do this by restructuring itself to accommodate the existence of the Financial Innovation Bureau and to ‘proactively respond to financial innovation in the fourth industrial revolution era’. In a […] дальше »

2018-7-22 06:28


Samsung Accepts Cryptocurrency Payments in Three Baltic States

Samsung is reportedly accepting cryptocurrency payments in several Baltic States using crypto payment platform CopPay. The Lithuania-based company made the announcement today. Customers in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency. дальше »

2018-7-20 14:30


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. 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