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South Korean Officials Seize $47M in Crypto Due to Unpaid Taxes
South Korea seized nearly $50 million in cryptocurrency from 12,000 people, who are accused of tax evasion. The post South Korean Officials Seize $47M in Crypto Due to Unpaid Taxes appeared first on BeInCrypto. дальше »
2021-6-24 22:35 | |
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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »
2021-6-2 11:00 | |
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South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. дальше »
2021-5-22 01:30 | |
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South Korea To Monitor Cryptocurrency Phishing Due To High Phishing Reports
South Korea's Ministry of Science and ICT is working with the Korean National Police Agency to bust the growing crypto phishing websites through a new system, Yonhap reports. This follows a rise in phishing attempts targeting crypto users. дальше »
2021-5-11 20:05 | |
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South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments
As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC). дальше »
2021-4-28 11:30 | |
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South African Crypto Exchange Suspends Bitcoin & Litecoin Withdrawals Due to Balance ‘Discrepancies’
South Africa-based cryptocurrency exchange iCE3 suspended Bitcoin (BTC) and Litecoin (LTC) withdrawals this week after noting “discrepancies” in the balances of these crypto-assets on the platform. дальше »
2021-3-19 20:27 | |
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South Korean court freezes Bithumb investor’s shares
The news comes after South Korean police conducted two consecutive seizures in a matter of a week. Bithumb is among the biggest cryptocurrency exchanges in South Korea. Though its customers have started to worry about using the platform for trading and storing their digital assets due to privacy reasons. дальше »
2020-9-18 00:42 | |
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Influential figures from around the world will gather in Busan, South Korea in October 2020
The World Investment Forum will be held in Busan, South Korea in October 2020. Numerous influential figures from around the world will be in attendance. According to the Eulogian Foundation, Hong Kong, an Asian financial hub, has recently lost its status as financial hub due to various issues between the U.S. and China surrounding the Hong […] дальше »
2020-7-24 18:16 | |
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South Africa: Stimulus, Low Rates Face Challenges
South Africa's economic activity has slowed amid shutdowns due to the pandemic, but the country is relying on low rates and stimulus to regain its footing. дальше »
2020-7-21 13:00 | |
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Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default'
The economic situation in Argentina can be best described as 'fragile.' In fact, according to a recent report, the South American nation failed to make its $503 million payment which was due on WednesThe post Bitcoin demand in Argentina soars as nation faces ninth 'sovereign default' appeared first on AMBCrypto. дальше »
2020-4-24 01:30 | |
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Positive Coronavirus Tests Causes Samsung and LG Innotek to Shut Down Factories
The coronavirus outbreak continues to make its mark on various industries. Samsung and LG Innotek are closing factories in South Korea due to a worker testing positive for COVID-19. Given the global chaos caused by COVID-19, it is only normal that more problems will become apparent soon. дальше »
2020-3-4 06:00 | |
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South Korea’s Coronavirus Alert Raised to Highest Level, Asia Stocks Drop by Around 4%
Coinspeaker South Korea’s Coronavirus Alert Raised to Highest Level, Asia Stocks Drop by Around 4%The noise around coronavirus is growing. Stocks in Asia are falling due to this situation and there are no signs of improvements. дальше »
2020-2-24 13:03 | |
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Cult Korean Church Suspected in Local Coronavirus Outbreak
South Korea has 204 confirmed coronavirus cases, but is at risk of far more numbers due to one individual. The post Cult Korean Church Suspected in Local Coronavirus Outbreak appeared first on CCN.com дальше »
2020-2-21 11:56 | |
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India: Cryptokart Exchange Shuts Down Citing Regulatory Uncertainties
Cryptokart, an India-based cryptocurrency exchange is now among several other bitcoin trading venues in the South Asian country that have closed their doors due to regulatory uncertainties and lack of interest on the part of consumers, reports New Indian Express on July 20, 2019. дальше »
2019-7-22 09:00 | |
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PayFast Removes Bitcoin Payments due to Inherent Technical Flaws and Shortcomings
These are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether. дальше »
2019-7-17 00:00 | |
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South Africa’s Payfast Payment Company Stops Accepting Bitcoin (BTC) Due to Fees and Speed
In an unfortunate turn of events, PayFast, the first-ever online payment gateway accepting Bitcoin (BTC) in South Africa, called time on BTC payments citing fundamental technical issues in the blockchain and a hitch in user-friendliness. дальше »
2019-7-14 19:46 | |
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South African Payment Gateway Drops BTC Over Fees and Network Congestion
On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash. дальше »
2019-7-13 21:30 | |
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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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The Potential of STOs in South Korea
Since ICOs were banned by the government in South Korea, some companies have turned their eyes to other countries such as Switzerland, Singapore, Bibraltar, Malta, Hong Kong, Estonia, the Cayman Islands, and the Virgin Islands, to conduct ICOs. дальше »
2019-6-5 18:12 | |
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South Korean Government Works On Blockchain Regulations Due To A Growing Crypto Market
South Korean Government Works On Crypto Regulations Due To A Growing Crypto Market South Korea, one of the most active countries in the crypto market, could be working on new regulations for the cryptocurrency market as it continues to expand. дальше »
2019-5-28 20:54 | |
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Why UPbit was the only Korean crypto exchange to record a profit [$120m] in 2018
UPbit, the largest crypto exchange in South Korea, was the only exchange to record a profit in 2018. UPbit is operated by Dunamu, a company heavily invested in by Kakao—one of the most influential internet conglomerates in South Korea. дальше »
2019-5-27 15:04 | |
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Infographic: An Overview of Compromised Bitcoin Exchange Events
The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2. дальше »
2019-5-25 21:56 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Defunct Exchange Gatecoin Highlights the Need for Regulations for Legal Ownership of Crypto Assets
The fate of users of the now-defunct cryptocurrency exchange Gatecoin lies in the doldrums due to the lack of clear regulations which could fixate the legal ownership of crypto assets. This according to a report by South China Morning Post, published April 22, 2019. дальше »
2019-4-23 23:00 | |
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South Korea: Crypto Exchange Coinnest Shutting down Operations
Coinnest, a leading South Korean exchange, and bitcoin trading venue have announced it’s closing shop due to challenging market conditions and other unfavorable factors that have hampered its continued growth, according to a press release by the firm on April 18, 2019. дальше »
2019-4-19 01:00 | |
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‘Bitcoin Guru’ Antonopoulos Claims Fungibility Issues Threaten Bicoin’s Domination
The author of ”Mastering Bitcoin” and notable educator Andreas Antonopoulos has claimed bitcoin’s domination is under threat over the next few years due to privacy concerns. Design and Fungibility: important things for longtime success At the Deconomy Conference in South Korea, the crypto guru shared his opinion regarding Bitcoin’s future in light of the unaddressed privacy issues. дальше »
2019-4-10 11:32 | |
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Cryptocurrency Mining Giant Bitmain Officially Gives up on Going Public in Hong Kong
Bitmain Technologies, a Chinese based chip maker of specialized cryptocurrency mining machines, has shelved its plans to list on the Hong Kong Stock Exchange due to a number of reasons including staff lay-offs, a protracted bear market, and management restructuring reported the South China Morning Post on March 26. дальше »
2019-3-27 20:29 | |
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Venezuelan Economic Professor Shares Passion Behind Cryptocurrency Advocacy in Spite of Bolivars Uselessness
As many of our readers are probably well aware of, the South American nation of Venezuela is currently in the midst of its worst ever financial crisis— with inflation rates currently at an all-time high due to a host of international economic sanctions that have been levied against the nation. As a result of all […] дальше »
2019-3-11 19:42 | |
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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy
Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. дальше »
2019-2-27 23:13 | |
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Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament
Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 43 countries. Launched in 2015 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. дальше »
2019-2-1 00:24 | |
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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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Bitcoin SV (BSV) Daily Price Forecast – January 29
BSV/USD Medium-term Trend: Bearish Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD remains in a bearish trend its medium-term outlook. $61. 31 in the demand area was the low attained by the coin as the journey down south due to the bearish pressure. дальше »
2019-1-29 07:02 | |
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Airdrop Mishap Causes Korean Exchange to Accidentally Send BTC to Customers
A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. дальше »
2019-1-22 12:50 | |
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Airdrop Causes Exchange to Accidentally Send BTC to Customers
A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. дальше »
2019-1-22 12:50 | |
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Ford drives cobalt supply chain transparency with IBM blockchain
Ford has become the latest company to jump on the blockchain pilot bandwagon. The American car manufacturing giant is conducting a blockchain trial in a bid to trace cobalt, found in the lithium-ion batteries used by electric cars, from a Chinese-owned mine in the Congo. дальше »
2019-1-16 18:15 | |
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Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. дальше »
2019-1-15 00:45 | |
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Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. дальше »
2019-1-12 08:05 | |
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Ethereum (ETH) Price Analysis: Downside Triangle Breakout
Ethereum was previously consolidating inside a symmetrical triangle pattern and has broken below support to signal that further declines are in the works. Price could be due for a quick pullback to support before heading further south. дальше »
2018-12-14 06:50 | |
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South Korean Blockchain Platform Klatyn Announces Partnership with Numerous Blockchain Firms
Klatyn, the blockchain platform of South Korea’s Messenger Kakao, announced partnerships with several blockchain-based applications and projects on December 10th, 2018. Bringing Blockchain to the People These projects were selected due to the criteria of also being “large user pool-based service providers. дальше »
2018-12-13 14:00 | |
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South Korea Is Trialing Blockchain Voting — Here’s What That Means
South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »
2018-12-4 21:41 | |
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South Korea will trial a blockchain-based voting system
Putting democratic voting on the blockchain is becoming one of the technology’s most divisive applications, but that isn’t stopping South Korea from pushing ahead with a blockchain-based voting system trial. дальше »
2018-11-28 13:57 | |
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Amazon Web Services Outrage Causes Korean Exchanges to go Dark
Amazon Web Services (AWS) suffered an outage that affected two major cryptocurrency exchanges and dozens of other businesses. These server Failures ended up leaving Coinone and Upbit with its services offline, reported The Next Web on November 22, 2018. дальше »
2018-11-24 22:00 | |
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Cryptocurrency Exchange Zeniex Terminates Service after Government Crackdown
South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat. дальше »
2018-11-13 10:00 | |
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Quarterly Bitcoin (BTC) Futures Contracts by the CME Group Expire Today, October 26th
October 26th might be one of the most significant dates in the crypto calendars this year due to an event might catalyze a trend reversal in the crypto markets. The crypto markets have been on a free fall since February when news of banning crypto trading in China and South Korea hit the crypto-verse. дальше »
2018-10-26 15:37 | |
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HUOBI Group Sets up Shop in Africa, Middle East and South Asia
Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents. дальше »
2018-10-26 21:07 | |
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No, blockchain can’t solve the Irish border problem
When Britain narrowly voted to leave the European Union in 2016, it opened a can of worms, the biggest of which was the Irish border. The United Kingdom shares a 310-mile land border with the Republic of Ireland. дальше »
2018-10-2 16:19 | |
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Regulatory Hurdles Prevent Japanese Customers From Using LINE’s New Cryptocurrency
Line Corporation, the Japanese subsidiary of South Korean internet giant Naver Corporation, announced last Friday that they will be issuing their own cryptocurrency this September. It now appears, however, that Japanese and US based customers will not be able to use the new cryptocurrency due to licensing requirements. дальше »
2018-9-5 12:30 | |
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