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Report: Major South Korean Crypto Exchange Bithumb to Lay Off Up to 50% of Staff
Unconfirmed: major South Korean cryptocurrency exchange Bithumb is reportedly cutting up to 50 percent of its staff
дальше »2019-3-19 11:23 | |
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Bitcoin Exchange Bithumb Announces 50% Layoffs
South Korea’s largest Bitcoin exchange, Bithumb, has announced layoffs of 50%, the latest casualty of “crypto winter. ” B A report in Korean media issued earlier today shows that the exchange will be cutting its staff from 310 to around 150. дальше »
2019-3-19 02:20 | |
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Binance Chief Reports Potential Fiat-to-Crypto Exchange in Argentina
Binance CEO Changpeng Zhao responded to a report regarding Binance Lab’s agreement with Argentina to co-invest in blockchain-based projects that his company supports. He hinted at the possibility of launching a fiat-to-crypto project in the crypto-friendly South American country. дальше »
2019-3-12 20:00 | |
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JPMorgan Estimates “Fair Value” of Bitcoin at $2,400; Crypto Miners React
According to a report published by South China Morning Post on February 21, 2019, the U. S investment bank JPMorgan Chase estimates the “fair value” of bitcoin (BTC) at $2,400. Cryptocurrency Miners Not Impressed JPMorgan, in their January report titled Blockchain and Cryptocurrencies 2019: Adoption, Performance and Challenges, estimates the intrinsic value or “fair value” ofRead MoreRead More. дальше »
2019-2-22 22:00 | |
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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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Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs
When you think of nations with a notable Bitcoin ecosystem, many crypto investors would immediately think of the U. S. , Malta, Singapore, Japan, and South Korea. Yet, many draw little attention to the Philippines, a nation that is seemingly filled to the brim with cryptocurrency users. дальше »
2019-2-10 09:03 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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A ‘Google for bacterial DNA’ is helping scientists fight drug resistant infections
Ever since I read a 2014 WHO report stating that antibiotic-resistant bacteria could kill more people each year than cancer by 2050, I have been looking for signs of hope that we might avoid plummeting towards an apocalyptic nightmare of mass deaths by infection. дальше »
2019-2-7 12:25 | |
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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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Iran in Crypto Talks with Germany, England, France, Switzerland
Iran is holding talks with major European nations as well as Russia, South Africa and Bosnia on carrying trade through crypto transactions according to a very brief report by the... The post Iran in Crypto Talks with Germany, England, France, Switzerland appeared first on Trustnodes. дальше »
2019-1-30 19:39 | |
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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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New Sporbiz Report Shows Huobi Earns $483 Million in Trading Commissions Topping Binance and OKEx
Even though Huobi is the third-largest crypto exchange by trading volume, it has overtaken Binance and OKEx in trading commission. The exchange has roped in $483 million from the trading commission in 2018 alone. дальше »
2019-1-25 19:50 | |
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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »
2019-1-23 00:57 | |
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Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy
A shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown of the economy, including key public services like health and education. дальше »
2019-1-18 15:45 | |
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Ford, IBM, LG Chem, and Huayou Cobalt Launch Blockchain-Powered Cobalt Supply Monitoring Project
U. S. car manufacturer Ford, technology giant IBM, South Korean cathode maker LG Chem, and Chinese mining company Huayou Cobalt have joined forces in the first cobalt supply chain tracking and monitoring blockchain project in the Democratic Republic of Congo. дальше »
2019-1-16 14:00 | |
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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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Bitcoin Twitter Scam Dupes Cricket Team in South Africa, Inviting Them to Win 20 BTC
Twitter has been the host of multiple Twitter scams over the course of the last year, and it is clear that hackers aren’t planning to take time off for the start of 2019. A report from Indian Express indicates that a recent hack on Twitter took the national cricket association in South Africa as its […] дальше »
2019-1-14 21:49 | |
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Cricket South Africa’s Twitter Account Hacked by Bitcoin Scammers
A report from The Indian Express, published on January 14, 2019, states that the Twitter handle of Cricket South Africa (CSA) fell victim to hackers who were selling fake bitcoin lottery tickets. However, the account has now been retrieved and all the erroneous Tweets deleted. дальше »
2019-1-14 18:01 | |
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Crypto Startup CEO: “Gut Feeling” Is That Bitcoin (BTC) Will Fall Under $3,000
Bitcoin Price “Will Get Worse Before It Gets Better” Vinny Lingham, CEO of Civic, a blockchain startup focused on facilitating a so-called “Secure Identity Ecosystem,” recently sat down with CoinTelegraph for the outlet’s “Hodler’s Digest” weekly report. дальше »
2019-1-9 04:00 | |
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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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Report: 70 to 80 Percent of South Korean Miners Shut Down in 2018
Chinese state television has sought to document the toll taken on South Korean cryptocurrency companies by 2018’s bear market, with Financial Channel (CCTV-2) producing a report detailing the challenges faced by Korean miners. дальше »
2019-1-4 07:15 | |
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Report: Market Crash Hasn’t Affected The Growth Of Crypto Users
Normally, when things start going south for an industry, investors tend to pull away as prices plummet. However, the crypto market of 2018 seems to have adopted its own new growth model. While the market has basically gone through a ringer, the user base has been expanding throughout the first 3 quarters of the year. дальше »
2018-12-29 10:55 | |
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South Korea: Authorities Nab Nine People for Dealing Drugs Using DarkCoin Cryptocurrency
According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies. Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even set up their website to facilitate the trade of drugs. дальше »
2018-12-26 20:00 | |
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Bitcoin Mining Company Bitmain Faces IPO Regulatory Issues
Bitmain, the world’s leading ASIC manufacturer is facing major headwinds in its attempt to launch an Initial Public Offering. According to a report published by the South China Morning Post,… The post Bitcoin Mining Company Bitmain Faces IPO Regulatory Issues appeared first on CoinCentral. дальше »
2018-12-25 21:38 | |
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Upbit Denies Cryptocurrency Wash Trading Accusations
South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times. дальше »
2018-12-22 11:03 | |
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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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New Blockchain-Built Virtual Power Plant (VPP) In Busan, South Korea Gets $3.5 Million USD From Govt.
Four Billion KRW Allotted To Create New Blockchain-Based Virtual Power Plant In South Korea In a new report by Yonhap News Agency, the South Korean government appear to be making changes within the city of Busan. дальше »
2018-12-10 22:48 | |
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South Korea is Becoming a Cryptocurrency Powerhouse for Adoption and Blockchain Use Cases
No other nation has managed to earn and continue to carry as advanced a reputation as South Korea has gaining this reputation as a high-tech centre for its line of technology, e-sports, innovation as well as a broad range of consumer electronics, it's no real surprise that Cindicator, which published a report, highlighting the sort […] дальше »
2018-12-9 12:22 | |
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Report: South Korea to Push for Major Adoption of Cryptocurrencies
South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world. Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […] The post Report: South Korea to Push for Major Adoption of Cryptocurrencies appeared first on Bitcoin News. дальше »
2018-12-9 01:35 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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New Report Spotlights South Korea’s Growing Importance on Global Crypto Stage
South Korea is already a key player on the global cryptocurrency stage but a new report by blockchain intelligence startup Cindicator suggests that this is only the beginning. South Koreans are estimated to account for 30% of all cryptocurrency trading in the world and about 30% of locals are said to have invested in them. дальше »
2018-12-7 02:30 | |
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P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia
The heavy selling pressure that has dominated the cryptocurrency markets in recent weeks has coincided with a surge in peer-to-peer (P2P) trade volume across the Localbitcoins markets in Asia and South America. дальше »
2018-12-5 15:00 | |
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South African man hands thugs $60K in Bitcoin after heinous torturing
It seems cryptocurrency scammers aren’t afraid of using more old school tactics in order to extort Bitcoin from their victims. A man from South Africa was purportedly attacked for his Bitcoin by someone he met on Facebook, according to local news outlet, the Soweto Urban. дальше »
2018-12-4 18:57 | |
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Korean network makes first consumer 5G video call using a Samsung phone
It seems like the age of commercial 5G is almost here, at least for the people living in South Korea. According to a report in The Korea Herald, Korean network provider SK Telecom made first world’s first commercial 5G video call. дальше »
2018-12-3 14:32 | |
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Financial Information Unit (FIU) Report: Banks More Vulnerable To Terrorist Financing Than Bitcoin
It seems that banks are more vulnerable to money laundering and terrorist financing risks than virtual currencies. The information was reported by Business Korea citing a report released by the Financial Information Unit (FIU). дальше »
2018-12-2 01:45 | |
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Report: Banks Are More Vulnerable to Terrorist Financing Than Crypto
A risk assessment report released by the Financial Information Unit (FIU) found banks more vulnerable to money laundering and terrorist financing risks than cryptocurrencies, Business Korea reported. дальше »
2018-11-30 01:00 | |
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Amazon Web Services Server Failure Knocks Out Two South Korea Crypto Exchanges On Thursday
Amazon Web Services is one of the most-used cloud services in the entire world, so the consistent functioning of its service is crucial to the many users that choose it. Unfortunately, the server failed on Wednesday, impacting much more than the typical user. дальше »
2018-11-26 12:51 | |
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Report: Cryptocurrency Related Lawsuits Skyrocketed in 2018; Up by 300 Percent
In contrast with the bear market we have watched throughout the year it seems that cryptocurrency-related lawsuits have skyrocketed as far up to 300 percent, reports Dior, November 19, 2018. Crypto Lawsuits Go North While bitcoin continues to go south, the business for digital currency focused lawyers looks to have a bright future ahead. дальше »
2018-11-23 16:00 | |
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America
Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina. дальше »
2018-11-15 17:45 | |
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Samsung’s foldable ‘Galaxy F’ will reportedly launch next March – and it’ll be pricey
After Samsung teased its foldable phone at an event last week, South Korea’s Yonhap News Agency reported today that the company plans to launch the device in March 2019 – with a hefty price tag. дальше »
2018-11-12 13:48 | |
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