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South Korean Cryptocurrency Exchange Giant ‘Bithumb’ Reopens User Registration Feature

Bithumb has resumed registering new users, more than two months after suffering a hack. The South Korea based platform experienced a massive spike in trading volume following the announcement. Some experts believe the user registration resumption by the platform contributed to the recent Bitcoin price increase. дальше »

2018-8-30 17:50


Report Finds Mining Activity and Bitcoin Exchange Development in North Korea

A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »

2018-8-28 07:45


UPbit Exchange Clears $100 Million in Q3 Despite Crypto Bear Market Conditions

Korean Crypto Exchange UPbit Profits in Bear Market UPbit, a South Korean crypto exchange, profited in a bear market by $100 million. The Repository of Korea’s Corporate Filings (DART) released data indicating that in addition to UPbit’s profits, Bithumb, the country’s second-largest trading platform, also made a profit of $35 Million. The third quarter has […] дальше »

2018-8-24 21:28


Cryptocurrency Exchanges Excluded from Venture Firms List by South Korean Government, Angers Cryptocurrency Platform Operators

Cryptocurrency exchanges in South Korea have condemned their exclusion by the country’s government from the classification of venture firms. Many platform operators believe the development is not in the best interest of the nascent cryptocurrency industry. дальше »

2018-8-17 19:58


Macrogen DNA Genetic Sequencing Service to Use Blockchain For Sharing Medical Data

Macrogen Works With Big Data Firm for Blockchain-Backed Medical Data Solution As per The Korea Herald, South Korea’s biotechnology firm, Macrogen has revealed its plans to work alongside big data firm, Bigster, to establish what seems like a blockchain-based platform that would support, DNA and other medical information. In particular, the efforts are done to […] дальше »

2018-8-7 00:22


Cryptocurrency Exchange Giant, Bithumb, Unfreezes Withdrawals for Ten Cryptocurrencies

Bithumb, one of the prominent cryptocurrency exchange platforms in South Korea, is set to unfreeze withdrawals for ten cryptocurrencies on its platform. Meanwhile, the crypto exchange giant continues to experience a significant drop in trading volume due to an embargo on new user accounts. дальше »

2018-8-5 01:23


Bithumb Resumes Deposits, Influx of Capital Expected

Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security […] дальше »

2018-8-3 10:06


Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason

According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […] дальше »

2018-8-2 15:47


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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


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »

2018-7-21 23:03


Japan To Regulate Korea’s Largest Crypto Exchange

On June 20, all deposits and withdrawals were suspended to update the platform and improve security system to avoid further threats. Initially, the bithumb team has recovered around 16$ million from the hack, but later controversy increased as the chairman of Financial Service Commission Kim Yong-bum got disappeared, and bithumb stopped all further deposits and […] дальше »

2018-7-17 19:49


Blue Whale Foundation – Utilizing Blockchain to Power Smart Cities And Champion the World’s Next Major Manpower Shift, The Sharing Economy

South Korea, 17 June 2018 – Fresh from closing USD 22million in its initial coin offering (ICO) sale, Blue Whale Foundation (the blockchain platform building the world’s largest worker-centric decentralized ecosystem for the self-employed) will champion the “Trends in Blockchain and the Future of the Sharing Economy 2018” Conference in Seoul, Korea on 23 July […] The post Blue Whale Foundation – Utilizing Blockchain to Power Smart Cities And Champion the World’s Next Major Manpower Shift, The Sharing Economy appeared first on Ethereum World News. дальше »

2018-7-17 14:03


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