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South Korea bans crypto executives from trading on their own platforms
South Korea’s Financial Services Commission (FSC) announced restrictions for executive employees and exchange operators, preventing them from trading on their own platforms. The post South Korea bans crypto executives from trading on their own platforms appeared first on CryptoSlate. дальше »
2021-6-8 07:00 | |
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South Korea: Unlisted Stock Trading Platform “Be My Unicorn” Taps Blockchain for Trading Efficiency
South Korean financial services startups including Koscom, are now leveraging the immutability property of distributed ledger technology (DLT) to curb forgery in the trading of unlisted stocks, while also boosting the efficiency of the platforms, reports BusinessKorea May 11, 2020. дальше »
2020-5-12 19:00 | |
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Binance's South Korean adventure a sign of country's growing crypto-significance
One of the world's leading cryptocurrency exchange platforms, Binance has announced its foray into the South Korean cryptocurrency market via the launch of Binance KR, a crypto-to-crypto exchange for The post Binance's South Korean adventure a sign of country's growing crypto-significance appeared first on AMBCrypto. дальше »
2020-3-31 08:15 | |
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South Korea’s UPbit, Bithumb Reveal Substantial Drop in Trading Volumes In Last 2 Years
Top South Korean crypto exchange platforms, Upbit and Bithumb, have witnessed a massive decrease in their trading volumes of 70% and 63% respectively compared to their 2018 results, Decrypt reports. According to Financial Supervisory Services (FSS), Dunamu, which is Upbit’s parent company, saw its annual profits decrease by 93% to approximately $7.4 million. The nosedive […] дальше »
2020-3-24 22:04 | |
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Bitcoin Exchanges in South Korea to come Under Direct FSC Regulatory Purview
Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses. дальше »
2019-8-8 09:00 | |
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South American Bitcoin Trading is Surging Despite Price Volatility
Heightened market volatility has failed to dampen enthusiasm throughout South America, as bitcoin trading volumes in Venezuela, Brazil, Chile, and Colombia continue to soar. Venezuela Trades Record Bolivars For Bitcoin Data from monitoring resource Coin Dance, which tracks trading across three decentralized P2P platforms, confirmed the new all-time high record this weekend. дальше »
2019-7-15 15:00 | |
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Crypto Twitter Reflects South America Is Least Interested In Bitcoin Despite Increased Trading Volumes
Social media has become an integral part of the majority of the world, and these social media platforms are often used as a parameter to reflect on the sentiments of the public on a particular topic or issue. дальше »
2019-7-9 16:56 | |
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New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. дальше »
2019-6-17 13:00 | |
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Study: Most Traffic on Major Cryptocurrency Exchanges Comes From the United States and Japan
Nearly 50% of the global cryptocurrency traffic across various premier trading platforms such as Huobi, Bitfinex, OKEX, Kraken comes from Japan, America and South Korea. Crypto-centric traffic coming from China cannot be assessed with a lot of certainty since most altcoin enthusiasts in the region make use of VPNs that mask their identities and exact […] дальше »
2019-6-3 09:56 | |
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HTC Pulls Smartphone from Two Major Chinese E-Commerce Platforms
HTC has disintegrated sales of its smartphones from major Chinese e-commerce stores after being edged out by new domestic smartphone producers in the market, as reported by South China Morning Post, May 13, 2019. дальше »
2019-5-14 13:00 | |
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ProBit Exchange Voted Best Exchange for IEO
ProBit Exchange loading up 4 IEOs for Origin, Unification, Guider, Nuvo on their successful IEO platform. As one of the top IEO platforms and global cryptocurrency exchanges, South Korea-based ProBit Exchange has been catching crypto community attention with multiple sellout IEO campaigns. дальше »
2019-5-3 12:15 | |
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US Traders Visit Crypto Exchanges 22 Million Times Each Month, DataLight Research Reveals
A new research paper produced by DataLight has discovered that the United States, Japan and South Korea are the three main fans of crypto exchanges in the whole world. Datalight investigated where all the traders come from and discovered that most of them come from the U. S. After analyzing over 100 platforms, the company […] дальше »
2019-5-1 00:58 | |
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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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Bithumb registers net loss of $180 million following Bitcoin’s price drop
Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes. дальше »
2019-4-11 23:30 | |
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Bitcoin at $5,000: What Has Changed Since 2017
This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. дальше »
2019-4-4 18:42 | |
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Bithumb asks users to stop making cryptocurrency deposits owing to external audit
Bithumb, one of South Korea’s leading cryptocurrency exchange platforms, was recently under the spotlight after a hack resulted in the exchange losing a significant amount of funds. The exchange, earlier today, released a statement on its official blog, asking its customers to stop making cryptocurrency deposits. дальше »
2019-4-3 22:30 | |
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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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Cryptocurrency Business Use “Reverse Merger” to Enter Mainstream Markets
Staying true to their creative nature, several cryptocurrency businesses, especially the exchange platforms are following the “reverse merger” approach to move close to mainstream markets, reports South China Morning Post, February 22, 2019. дальше »
2019-2-23 14:00 | |
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South Korea’s Biggest Telecoms Provider to Launch Blockchain-as-a-Service Platform
KT Corp. , South Korea’s behemoth telecom company, is preparing to roll out a blockchain-as-a-service (BaaS) in March of this year. Much like many other BaaS platforms, it will reduce entry barriers into the industry and foster an innovative ecosystem. дальше »
2019-2-22 18:00 | |
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New Samsung Galaxy S10 Includes Baked-In Storage for Private Keys
Samsung announced on February 21, 2019, that their newest phone, the Galaxy S10, will include secure storage for its users’ cryptocurrency private keys. The company made a press release detailing the phone’s many features, notably including Samsung’s proprietary defense platform, Samsung Knox, which will feature secure private key storage that is claims is specifically “for blockchain-enabled mobile services. дальше »
2019-2-22 00:57 | |
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S Korean Crypto Exchanges Team up to Fight Money Laundering, Illegal Trading Activities
Four of South Korea’s largest cryptocurrency exchanges, Bithumb, Coinone, Korbit, and Upbit, have announced a new initiative to increase anti-money laundering (AML) efforts and fight illegal activities on their respective platforms, the companies said in a joint statement on January 25. дальше »
2019-1-29 02:20 | |
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South Africa Cracks Down On Crypto, May Track Bitcoin (BTC) Transactions
South Africa May De-anonymize Bitcoin Per an article from Business Insider’s South Africa-based branch, the Reserve Bank (Sarb) will be releasing a “policy paper” regarding Bitcoin (BTC) and the broader crypto ecosystem in the coming months. дальше »
2019-1-17 06:04 | |
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Ethereum Price Analysis: ETH Spearheads Recovery, $250 Realistic
Latest Ethereum News At the height of late 2017-2018 ICO mania, blame was laid squarely on platforms as Google, Twitter and Facebook. The reason? Well, their global reach and lack of checks to filter out ads that promote crypto scams dominated. дальше »
2019-1-15 15:15 | |
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Nydia Zhang of the Social Alpha Foundation: Using the Blockchain for Good
As chairman and co-founder of the Social Alpha Foundation (SAF), Nydia Zhang has left a solid mark on the blockchain and cryptocurrency space, though, as a young art student at the University of Washington in 2011, blockchain was far from the direction she saw her life taking. дальше »
2018-12-6 18:13 | |
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InVault Launches Cryptocurrency Custodian Service in Hong Kong as New Regulations Emerge
Invault, a Shanghai-based cryptocurrency custodian service, recently launched after Hong Kong imposed new regulations on cryptocurrency exchange platforms and fund managers, requiring them to protect and safeguard their clients’ virtual assets, according to South China Morning Post’s on November 25, 2018. дальше »
2018-11-27 10:00 | |
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Brief AWS Outage Highlights Key Weaknesses of Some South Korean Crypto Exchanges
Centralization in the cryptocurrency has been an ongoing struggle over the past few years. This issue has become apparent in the mining department, but also on the exchange side of things. A recent brief AWS outage in South Korea caused major problems for a lot of domestic trading platforms. дальше »
2018-11-23 10:31 | |
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Zeniex Crypto Exchange In South Korea Shuts Down After Government Regulators Move In
A South Korean cryptocurrency exchange had to shut down its operations after a recent government crackdown on unauthorized platforms. The cryptocurrency exchange affected is Zeniex and it will be terminating its services after the decision taken by the government. дальше »
2018-11-12 12:33 | |
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Hong Kong Unveils Regulatory “Sandbox” for Cryptocurrency Trading Platforms and Exchanges
Hong Kong unveiled a new set of regulations aimed at governing the local cryptocurrency trading and funding market in a move that seeks to improve investor protection and the city’s status as a premier financial hub. дальше »
2018-11-3 13:00 | |
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TTC Protocol Announces New Partnership in Korea, Adding 7.5m Users to the Ecosystem
TTC Protocol has announced new dAPP partnerships with four key vertical social platforms in South Korea. The post TTC Protocol Announces New Partnership in Korea, Adding 7.5m Users to the Ecosystem appeared first on CoinSpeaker. дальше »
2018-10-26 23:02 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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Hong Kong Explores Different Ways of Regulating Cryptocurrency Exchange Platforms
The Hong Kong Securities and Futures Commission (SFC) is keen on exploring different ways to regulate cryptocurrency exchange platforms operating in Hong Kong to protect retail investors. According to a South China Morning Post (SCMP) article published on Oct. дальше »
2018-10-16 15:59 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Guess Who’s Hiding The Most Bitcoin
There are conspiracy theories and speculation all over the crypto space on who holds the most Bitcoin that is currently in circulation. Big mining firms, exchanges, and funds are mainly called Whales as they hold on to the most Bitcoin and have been called responsible for the big amounts of Bitcoin around today. дальше »
2018-10-11 14:00 | |
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Kakao Blockchain Subsidiary Ground X Launches Klaytn Testnet
Ground X, the blockchain subsidiary of South Korean’s Internet firm Kakao, has announced the launch of the testnet version of Klaytn, a platform that intends to “improve the inconvenient UX of existing blockchain platforms by allowing end-users to experience blockchain technology in the most seamless way. дальше »
2018-10-9 01:20 | |
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USDC Ecosystem Spotlight: 6 New Companies Support USD//Coin
The unparalleled ecosystem for USD//Coin (USDC) continues to grow now that six new companies joined dozens of other exchanges, protocols, platforms, applications and wallets to support USDC. USDC is available on a growing number of exchanges and trading platforms, with South Korea-based Hanbitco and U.S.-based Everbloom becoming дальше »
2018-10-6 00:03 | |
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USDC Ecosystem Spotlight: 6 New Companies Support USD Coin
The unparalleled ecosystem for USD//Coin (USDC) continues to grow now that six new companies joined dozens of other exchanges, protocols, platforms, applications and wallets to support USDC. USDC is available on a growing number of exchanges and trading platforms, with South Korea-based Hanbitco and U.S.-based Everbloom becoming дальше »
2018-10-7 00:03 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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South Korea Interested In Third Generation Blockchains
Second-generation platforms like Ethereum allow applications to run as programmed whereas third-generation platforms have come out of the blue addressing current issues with second-generation networks, this has grabbed the attention of South Korea. дальше »
2018-10-1 23:00 | |
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Third Generation Blockchain Projects In South Korea Aim to Fix Ethereum’s Shortcomings
Blockchain has come a long way since Satoshi’s 2008 Bitcoin proposal. Since then, we’ve gotten large-scale development platforms like Ethereum and smaller scale privacy tokens such as Verge. дальше »
2018-9-28 18:05 | |
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South Korea: “Third Generation” Blockchain Projects Look to Dominate the Global Crypto Market
Competition among the so-called “third generation” projects is fast brewing in the South Korean blockchain and cryptocurrency market, as companies scramble to find the industry’s “killer app” and spur widespread adoption. дальше »
2018-9-27 20:00 | |
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Change of Domain Name: the Latest Means of Escape for Crypto Exchanges in China
As the war against cryptocurrency intensifies in China, report has it that crypto exchange platforms have resorted to regularly changing their domain names to bypass the crackdown. Crypto investors have also found ways of buying and selling digital assets with little need for exchanges. дальше »
2018-9-10 22:23 | |
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Korea’s Major Crypto Exchange Bithumb Resumes Registration. Partners With NH Bank
Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement of the government to establish formal agreements between cryptocurrency trading platforms. дальше »
2018-9-1 13:56 | |
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China’s Biggest Tech Companies Join Anticrypto Cause
Baidu, Alibaba and Tencent have decided to clamp down on cryptocurrency-related activities on their platforms. According to an article in the South China Morning Post (SCMP) published on Aug 27, these Chinese companies may have taken these measures to align with the strict stance taken by Chinese authorities. дальше »
2018-8-28 18:55 | |
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Baidu, Alibaba, and Tencent block cryptocurrency forums and trading in China’s latest crackdowns
China is showing no intention of slowing down its cryptocurrency crackdown. In the latest, Baidu, Alibaba, and Tencent (BAT) — the three largest technology companies in the country — are banning cryptocurrency-related activities from their platforms. дальше »
2018-8-27 13:45 | |
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China Bans Crypto Events in Beijing, Blocks 124 Trading Platforms
Despite a nationwide crackdown on cryptocurrencies already in place, the Chinese government went one step further and passed a decree forbidding all crypto-related events in Beijing’s financial district. дальше »
2018-8-24 00:00 | |
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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges
China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 “websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland. дальше »
2018-8-23 19:00 | |
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South Korea Budgets Nearly $4.5B for Blockchain, Emerging Tech
South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies. дальше »
2018-8-17 22:56 | |
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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 04:05 | |
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