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South Korea’s Biggest Bank U-Turns on Crypto With Custody Service
South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. дальше »
2019-6-11 14:00 | |
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South Korea’s National Postal Service Starts Partnership With Coinplug Crypto Exchange
The national postal service of South Korea, known as Korea Post, is currently starting a partnership in order to apply the blockchain tech to its current billing system, as reported by local media outlets. дальше »
2019-6-6 04:13 | |
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Korean Regulators Vow to Keep Exchanges in Check Amid Bitcoin Spring
While the surge in bitcoin and altcoin prices has ushered in another wave of excitement into the cryptospace, South Korean authorities remain focused on managing local expectations surrounding the industry. дальше »
2019-5-29 15:00 | |
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South Korean Establishes a Pan-Governmental Gathering to Address Growing Crypto Interest
A pan-governmental meeting was made in South Korea recently in order to monitor more closely the crypto market of the country. According to reports from KBS World Radio, a local broadcasting station in the country, one of the reasons why the meeting was proposed was to discuss the market after the prices of crypto started […] дальше »
2019-5-29 08:33 | |
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Shinhan Bank in South Korea to Leverage Blockchain to Pick Up the Loan Issuance Process
More and more companies are using the blockchain technology in order to make their processes more efficient. The Shinhan Bank, one of the oldest South Korean financial institutions, is no exception to this trend. дальше »
2019-5-28 20:41 | |
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Bitcoin’s [BTC] mining profitability hits ATH for 2019; demand increases in South Korea on Local Bitcoins
On Sunday, Bitcoin [BTC], the King of the cryptocurrency market, reached its all-time high for the year, resulting in the entire cryptocurrency community rejoicing its rise. The coin rose to hit a high of $8947. дальше »
2019-5-28 03:25 | |
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Huobi Global Review: A Leading Digital Asset Exchange
Founded in 2013 by Leon Li, a former computer engineer at Oracle, Huobi Global is a digital asset and cryptocurrency headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States (also under the brand name Huobi). дальше »
2019-5-21 15:44 | |
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Seoul To Put Its Citizen Cards On Blockchain for Its 26M Population
Local South Korean news outlet, Queen, reports that the capital city of Seoul will launch a blockchain-based citizen card… The post Seoul To Put Its Citizen Cards On Blockchain for Its 26M Population appeared first on Invest In Blockchain. дальше »
2019-5-21 13:24 | |
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Samsung and HTC to have crypto and blockchain features on their devices
The South Korean electronics giant, Samsung has announced that crypto and blockchain features will be available in all of their budget smartphones in the future. The news was announced by Business Korea, an English Language local media on 15 May. дальше »
2019-5-16 02:30 | |
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iCE3X Crypto Exchange In South Africa Adds Support For Ripple (XRP) With ZAR Trading Pair
South Africa’s iCE3X Crypto Exchange Adds Support For XRP The iCE3X digital trading platform has announced support for Ripple’s XRP token. This means that users can now trade XRP against Bitcoin as well as the local fiat currency, the South African Rand (ZAR). дальше »
2019-5-3 22:40 | |
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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges
Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »
2019-4-24 22:55 | |
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Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98. дальше »
2019-4-23 18:00 | |
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Bitcoin’s Key Indicator Flashing Bullish Again, Mirroring Pre-5K Breakout
The return of a previously well-known phenomenon to Bitcoin this week continues to excite traders as Bitcoin price pushes above $5250. Return Of The ‘Kimchi Premium’ Spotted online by social media traders, the so-called ‘Kimchi Premium’ – a surcharge on the Bitcoin price specifically impacting South Korean investors – is making a comeback on local cryptocurrency exchanges. дальше »
2019-4-10 12:00 | |
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DoshEx rolls out Pundi X blockchain payment tech to enable crypto adoption in South Africa
CryptoNinjas DoshEx, a South African crypto asset exchange, and global blockchain-based payment provider Pundi X, today announced a strategic partnership to bring cryptocurrency to high street retailers and local consumers. дальше »
2019-4-9 00:29 | |
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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam
South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »
2019-4-8 12:29 | |
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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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Google’s India lead, Rajan Anandan, is leaving the company
Rajan Anandan, Google‘s vice president for South East Asia and India, is leaving the company after eight years. Anandan has been in charge of or involved in numerous major projects at the firm for one of its largest markets. дальше »
2019-4-2 09:41 | |
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Kakao May Integrate its Crypto Wallet into KakaoTalk
Kakao, the creator of Korea’s most popular messaging app, KakaoTalk, is reportedly making plans to integrate its proprietary cryptocurrency wallet into the messaging app and enable users to store their cryptoassets more easily, reports local news source, Fnews on March 18, 2019. дальше »
2019-3-20 16:00 | |
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Unconfirmed: South Korean Internet Giant Kakao to Integrate Crypto Wallet in Messaging App
South Korea’s Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, according to unconfirmed local media reports
дальше »2019-3-18 20:55 | |
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Korea’s Biggest Messaging App Kakao to Integrate Crypto Wallet For 44 Million Users
According to fnnews, a mainstream financial media outlet in South Korea, Kakao is integrating crypto for its 44 million local users. Kakao is the biggest internet conglomerate in South Korea that operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that have overwhelming dominance in their respective markets. дальше »
2019-3-18 15:42 | |
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Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets
Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon. Importance of a Public Figure Investing in the Crypto Space in South Korea According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market. дальше »
2019-3-13 17:12 | |
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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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US ETF Ruling to Inform South Korean Cryptocurrency Market
Local media has reported that a South Korean exchange is waiting for regulators in the United States to make a ruling regarding the highly anticipated Vaneck cryptocurrency exchange-traded fund (ETF) before determining its stance pertaining to virtual currency ETFs. дальше »
2019-2-24 01:38 | |
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South Korea’s KT Corporation To Roll Out A Blockchain As A Service (BaaS), Possible K-Token In April
Korean Telecom Giant To Launch Blockchain As A Service (BaaS) Platform Next Month KT Corporation, the largest telecom company in South Korea, is getting ready to launch its first blockchain as a Service (BaaS) platform in March. дальше »
2019-2-22 23:31 | |
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Livestream: Samsung Galaxy S10 Crypto Wallet ‘Highly Likely’ During Today’s Launch
Ahead of today’s anticipated launch, Samsung Galaxy S10 is expected to showcase the Exynos 9820 as the mobile application processor (AP) of the device and according to a local publication in South Korea operated by mainstream media outlet Hankyoreh, it could be a big hint for Samsung’s crypto wallet integration. дальше »
2019-2-21 17:20 | |
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Former Citi Exec: Crypto Market Cap Still Smaller than Samsung, What’s Preventing Institutions’ Entry?
Hwang Hyeon-cheol, a former Citi and Allianz executive who worked on Wall Street for over two decades, has said that the valuation of the crypto market is still smaller than Samsung, the largest conglomerate in South Korea. дальше »
2019-2-19 01:41 | |
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KT Corporation, South Korea’s Top Telecom Firm, Chosen To Create Local Crypto Asset “K Token”
KT Corporation, Leading Telecom Company In South Korea, Chosen To Create Local Crypto Asset To Be Called “K Token” Cryptocurrency is often introduced in a few different ways in today’s ecosystem – through a platform that originates in crypto, through a bank-issued asset, and even through the government. Most recently, South Korea made the decision […] дальше »
2019-2-15 23:17 | |
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Report: Crypto Exchanges in South Korea Scrambling to Survive as Bear Market Hits Hard
According to a local publication Blockinpress, crypto exchanges in South Korea are struggling to adjust to changing market conditions and the 14-month-long correction. Since January 2018, the global crypto exchange market has seen a rapid decline in volume. дальше »
2019-2-5 16:50 | |
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Why South Korea Had to Ban Crypto ICOs and Risk Losing Multi-Billion Dollar Opportunities
This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. дальше »
2019-2-4 05:15 | |
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South Korea’s FSC Continues Initial Coin Offering Slap After Multiple Tokens Violate Rules
The debate over the continual ban against initial coin offerings (ICOs) in South Korea has finally been settled, but the news isn’t good. The top financial regulator in the country has decided that the ban will remain in place, though the cause is due to rule violations of local projects. The Financial Services Commission (FSC) […] дальше »
2019-1-31 22:16 | |
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South Korean cryptocurrency exchanges pool data to counter money launderers
Laundering funds with cryptocurrencies in South Korea could soon become a thing of the past if four of the country’s exchanges have their way. According to a local media report, Bithumb, Upbit, Corbit and Coinone have cobbled together to share ‘real-time’ wallet information on any suspicious activity linked to phishing attempts and pyramid schemes. дальше »
2019-1-28 20:10 | |
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CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto
CoinZest, a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5. 3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on January 19, 2019. дальше »
2019-1-23 14:00 | |
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Only 7 out of 21 Crypto Exchanges Pass South Korean Government Audit
The South Korean Government recently conducted a security audit on 21 Cryptocurrency exchanges and according to a local news story published on January 10, 2019, only seven of them passed the audit. The audit took place between September and December 2018 and out of the 21 surveyed, Bithumb, Coinone, and Korbit, along with four others, made the grade. дальше »
2019-1-13 10:00 | |
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New Financial Channel Report Details Why 70% of South Korean Crypto Miners Shut Down Operations in 2018
A report released by CCTV—2, the Chinese owned Financial Channel television station indicates that the bear market may have had a significant toll on local miners than initially anticipated. The state-owned broadcaster has just released a report which seeks to document the effects of the 2018 bear market on the local crypto miners. The report […] дальше »
2019-1-4 20:20 | |
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South Korean Drug Dealers Arrested After Receiving Payments In DarkCoin Privacy Crypto Token
Drug Dealers In South Korea Arrested After Receiving Payments In Crypto Drug dealers in South Korea have been arrested by local authorities after selling drugs online and accepting virtual currencies as payment. дальше »
2018-12-26 19:28 | |
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UpBit Crypto Exchange Executives Indicted for Market Manipulation
South Korea’s largest cryptocurrency exchange, UpBit, faces criminal charges after top executives were formally indicted by the country’s legal prosecutors, as reported by Business Korea on December 21, 2018. дальше »
2018-12-23 02:16 | |
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Bitcoin Price Analysis: BTC/USD Slow Down Below $4,000, Up 19 Percent
Latest Bitcoin News The truth is that South Korea is famous for cryptocurrency and the opportunities presented by digital assets are like no other. Not only are they global but they can be an escape for stagnating local economy and hopeless politics. дальше »
2018-12-22 14:42 | |
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Seven Top Crypto Exchanges Link Up To Create A Healthy Crypto Ecosystem In South Korea
Seven Major Crypto Exchanges Team Up To Improve The Crypto Ecosystem In South Korea Cryptocurrencies are blossoming in South Korea. The environment for the industry is getting better and better and now seven companies have teamed up to join efforts in order to enhance the crypto ecosystem in the country. The local media has affirmed […] дальше »
2018-12-13 02:10 | |
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7 Major Exchanges Join Forces to Enhance the Cryto Ecosystem in South Korea
South Korea took another giant step forward in regulating cryptocurrencies as seven major exchanges have joined forces to enhance the cryptocurrency ecosystem in the country. According to local media, representatives of the seven major exchanges met at a parliamentary policy debate on cryptocurrencies that was held this past Monday. дальше »
2018-12-13 20:53 | |
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South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant
The South Korean government will be spending four billion Korean won (KRW) ($3. 500. 000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. дальше »
2018-12-12 00:00 | |
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National Assembly of South Korea has held crypto regulation debate with local crypto exchanges
The National Assembly of South Korea has held a crypto regulation debate arranged by major local cryptocurrency exchanges, Cointelegraph reported. The topics of the debate were proposed by seven crypto exchanges – Bithumb, CobitCoin, Coinone, Upbit, Gopax, Coinplug and Hanbitco. дальше »
2018-12-11 13:03 | |
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South Korean bank wants to use blockchain to reduce human error
South Korea’s second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. Shinhan Bank is using the blockchain for Interest Rate Swap (IRS) transactions. дальше »
2018-12-10 14:38 | |
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