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FATF-Driven Delistings Capture the Criminalization of Privacy

The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will delist and put warnings on several privacy coins […] The post FATF-Driven Delistings Capture the Criminalization of Privacy appeared first on Bitcoin News. дальше »

2019-9-17 11:30


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S Korean Startup Dunamu Launches Consortium-Based Blockchain Service Platform Luniverse

Dunamu, Inc. , a South Korean fintech startup and the operator of crypto-asset exchange Upbit, has announced the launch of Luniverse, a consortium-based blockchain service platform. Lambda256, Dunamu’s research arm, was responsible for the development of Luniverse and will be spun off as a subsidiary, Dunamu said on Tuesday. дальше »

2019-3-20 01:07


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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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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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


South Korea Awards Information Security License To Upbit Exchange For Strong Data Security

South Korea Awards Information Security License To Upbit For Strong Data Security South Korea has issued an information security management license to Upbit for its strong infrastructure. The license shows that the Seoul-based cryptocurrency exchange has implemented effective data management and security procedures to protect South Korean crypto traders. The license was issued by South […] дальше »

2018-11-27 21:52