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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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HSBC to Ally with Korean Banks for Commercial Launch of Voltron Blockchain

HSBC Bank Plc, one of the largest banking and financial institutions in the world, is looking to form a strategic partnership with South Korean lenders in a bid to make its Voltron distributed ledger technology (DLT) platform commercially available for the settlement of trade invoices and more, reports The Korea Times on March 12, 2019. дальше »

2019-3-14 20:00


Seamon Seafood Trade Blockchain Startup Receives Investment from South Korea’s Bae Yong-joon

Blockchain has been making its way around the world, and the new startup Seamon has already been working to integrate the technology to their seafood trade. Considering the value that is easily found in blockchain technology, it should come as no surprise that popular South Korean businessman and actor Bae Yong-joon has chosen to invest […] дальше »

2019-3-12 20:57


Standard Bank In South Africa Set To Leverage Blockchain Payments System And Connect Shyft App

South Africa’s Standard Bank Set To Launch Blockchain Technology-Powered Payments System In a bid to facilitate overseas foreign exchanges for its institutional clients in a super fast and cost-efficient manner, Standard Bank of South Africa is making active plans to launch own private permissioned distributed ledger technology (DLT) based payments system, reports Finextra on February […] дальше »

2019-3-1 23:55


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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


Don’t Underestimate Samsung Galaxy S10’s Crypto Offering, Millions Will Be Exposed To Bitcoin

It’s official, Samsung, one of the most preeminent powerhouses in the technology sector, has formally delved into the crypto space. While the company, headquartered in Seoul, South Korea, has hinted at its involvement with blockchain historically — backing CryptoKitties, experimenting with ASICs, and trialing blockchain — it has yet to release a cryptocurrency product built for. дальше »

2019-2-21 18:11


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South Australian Government to Use Blockchain Technology to Conduct Elections

According to Micky News, an Australian News outlet, a blockchain-based voting system will be used by the South Australian Government in an official election conducted soon. Integrating a blockchain-based voting system On February 18, 2019, Horizon State CEO Nimo Naamani confirmed that the South Australian Government would be using the company’s blockchain-based voting system technology toRead MoreRead More. дальше »

2019-2-19 13:00


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South Korea’s Liberty Korea Political Party set to use Blockchain Technology for Elections

In a bid to foster transparency and curb the activities of bad actors in the electoral process via blockchain technology, South Korea’s largest opposition party, the Liberty Korea Party, has joined forces with ioeX, a Taiwanese distributed ledger technology (DLT) startup, according to a press release on January 11, 2019. дальше »

2019-2-12 22:00


Seoul District to Add Blockchain Based Evaluation System for Administration Transparency

Transparency is a very important characteristic of governments. Unless they can prove to the people that they are clear, fair and not corrrupt, people will not respect them. Because of this, the use of the blockchain technology in governments can be a good way to have a transparent administration. Now, a district in South Korea’s […] дальше »

2019-1-17 00:13


South Korea’s Government Adds Blockchain Research and Development to Tax-Deductible List

It has been announced that blockchain research is among the research fields that have been declared eligible for tax credit in South Korea. The news was made public by the Ministry of Strategy and Finance who also revealed that the new tax code is to list wearable robots and fine dust reduction technology among fields […] дальше »

2019-1-13 22:27


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South Africa Prepares to Tackle Cryptocurrency Challenges with Working Group

The South African government established a group of specialists to investigate digital currency and blockchain technology to devise a regulatory framework for the emerging industry Finding the Appropriate Regulatory Framework Following many of the governments around the world, South Africa has recently gathered a working group to research digital currencies and crypto assets to establish suitable guidelines reported Business Live,. дальше »

2019-1-5 02:00


Два гиганта криптоиндустрии Bitmain и Huobi сокращают персонал

По последним сообщениям, не только гигант криптомайнинга Bitmain, но и одна из крупейших криптобирж Huobi подтвердила планы по увольнению сотрудников из-за ценового падения крипторынка в 2018 году. дальше »

2018-12-26 15:00


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Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet

Blockchain technology company Blockstream revealed the second phase of its satellite-based Bitcoin communications project Blockstream Satellite this week. Satellite Coverage Expands To Asia Pacific Part of a plan to provide free private Bitcoin sending and receiving without the need for an internet connection, the company now provides satellite coverage of the Asia Pacific region, an accompanying blog post confirmed December 17. дальше »

2018-12-18 22:00