Korean crypto exchange GOPAX halts Genesis-backed DeFi amid FTX crisis

2022-11-18 14:01

South Korean crypto exchange GOPAX has announced suspending principal and interest payments in its DeFi service GOFi, which brokers products from global crypto lender Genesis Global Capital.

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Источник: btcmanager.com

crypto korean → Результатов: 126

Korean crypto exchanges to avoid ‘mass delistings’ despite new rules

South Korea’s crypto association asserts that local trading platforms are unlikely to conduct “mass delistings” even as they re-review 1,333 tokens over the next six months. South Korean crypto exchanges are set to re-evaluate over 1,000 tokens they listed earlier…

2024-7-2 11:24	South Korea
crypto korean tokens south exchanges mass delistings

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‘Poopcoin’: Korean professor uses bio-waste to mine crypto

Students in a South Korean college are earning crypto mined from the energy generated from their excrement.

2021-7-10 14:59	Virtual Currency
crypto korean earning college south mined excrement

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Rumors: Huobi Discusses Buying South Korean Largest Crypto Exchange Bithumb

Huobi hopes to enter the South Korean and Japanese cryptocurrency markets through the purchase of major crypto exchanges.

2020-11-27 02:07	News
crypto korean south huobi markets through cryptocurrency

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Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death

North Korean leader’s reported health issues cause the crypto community fear of the a regime crypto sell-off

2020-4-28 19:59	Regulation
crypto korean sell-off community north issues health

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Crypto Exchange Bittrex Denies Claim of North Korean Users on Its Platform

U.S. crypto exchange Bittrex claims that it has no North Korean users trading on its platform

2019-4-23 01:45	North Korea
crypto korean platform north users bittrex exchange

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Crypto News Weekly 28.09.18: Bitmain Losses, Korean Exchange Bribe, Ex-UBS Bankers Launch Crypto Bank

Ex-UBS bankers raise $100M for crypto project, Korean Exchange CEO accused of 1 billion won bribe, Bitmain IPO application brings recent losses to light and Walmart pushes suppliers onto the blockchain.

2018-9-28 19:17	News
crypto korean exchange bankers losses ex-ubs bribe

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Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying

Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.

2018-6-26 20:35
crypto korean exchanges south popular ever since

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South Korean Insurers Wary of Cryptocurrency exchanges

Insurance companies in South Korea are not very forthcoming in providing insurance for crypto exchanges in the country. Despite being the nation with the most prolific cryptocurrency users, exchanges and thriving digital assets business, insurance companies in South Korea are wary of providing coverage for Crypto Exchanges.

2018-6-26 19:06	South Korea
exchanges south insurance cryptocurrency wary providing many

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The Next South Korean Cryptocurrency Exchange Tangled In Security Drama

Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets.

2018-6-26 16:30	Exchanges
security cryptocurrency south exchange hacks latest korea

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South Korea’s Ministry of Finance Says 10 Percent Crypto Tax Not True

South Korea finally responded to recent rumors stating that it will impose a 10 percent tax on cryptocurrency trading profits. According to a recent report, the country’s Ministry of Finance had already denied the existence of such a taxation scheme.

2018-6-26 14:49	Cryptocurrency
percent south tax korea cryptocurrency finance crypto

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Crypto Exchanges Struggle to Get Insurance After Recent Hacks

The Korean Blockchain Association thought it was offering a win-win scenario to insurers when it previously held a briefing session to select a preferred carrier. It was offering insurance companies a package that included numerous exchanges while using that group to negotiate the best plan for its members, but due to the cost of recent hacks on.

2018-6-26 13:00
recent hacks insurance exchanges offering crypto get

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Brian Kelly & Charlie Lee “Bitcoin Is Still Bullish”

Despite the recent hack on Bithumb, in which over $30 million worth of cryptocurrencies was culminated by the hackers, Brian Kelly and Charlie Lee remain ‘bullish’ on Bitcoin. This week, the South Korean exchange, one of the largest cryptocurrency exchanges, Bithumb was hacked which led to the theft of $31 million virtual currency’s.

2018-6-24 22:30	Breaking News
brian bitcoin kelly charlie bullish lee million

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Are Centralized Exchanges Breaking the Crypto Promise?

Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37. 2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail.

2018-6-24 23:00
exchange million hack bithumb suffering bankruptcy coinmarketcap

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Litecoin Founder Remains Optimistic Despite Recent Bithumb Hack

Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto exchange. The hack does not […]

2018-6-24 21:00	SegWit
hack lee recent bithumb litecoin developments market

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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

2018-6-24 20:05
bitcoin blockchain your exchange cryptocurrency creditors new

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Bithumb reduces shrink-Agrees to reimburse customers

Exchanges South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.

2018-6-23 04:05	South Korea
exchange bithumb amount south theft customers insurance

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Bitcoin, Ethereum Slide Back in to Red as Market Reacts to Japanese Regulation, South Korean Tax Confusion

The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action.

2018-6-23 02:13	South Korea
japanese market red bitcoin back ethereum confusion

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Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.

2018-6-23 01:40	Virtual Currency
theft customers insurance repay fully bithumb estimate

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Two Huge Hacks In Two Weeks Didn’t Crash The Markets, Here’s Why

Yesterday, we saw news of another hack of the South Korean cryptocurrency exchange, Bithumb, the hack, resulted in the theft of over $30 Million. Just over a week ago, we also saw a similar scale hack take hold of (another South Korean cryptocurrency exchange) Coinrail, this time, we saw theft in excess of $40 Million.

2018-6-22 13:30	Cryptocoins
two million hack saw weeks bithumb theft

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Crypto News Weekly - Bithumb Hacked, McAfee Ccared?, Turcoin Fraud in Weekly Roundup 22.06.18

Korean Bithumb exchange hacked for over $30 million, Goldman Sach’s CEO - it's too 'arrogant' to say Bitcoin won't have a future, EOS network freezes for 5

2018-6-22 12:18	News
hacked bithumb weekly too arrogant ceo rsquo

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Crypto News Weekly - Bithumb Hacked, McAfee Scared?, Turcoin Fraud in Weekly Roundup 22.06.18

Korean Bithumb exchange hacked for over $30 million, Goldman Sach’s CEO - it's too 'arrogant' to say Bitcoin won't have a future, EOS network freezes for 5

2018-6-22 12:18	News
hacked bithumb weekly too arrogant ceo rsquo

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Korea begins probe into crypto-currency hacking attacks

Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it has formally launched an investigation into the cause of the alleged security

2018-6-22 09:11
government crypto south korean launched cause investigation

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Korean Government Launches Investigation into Crypto Hacks

Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems.

2018-6-22 06:20	Virtual Currency
government crypto korean hacks investigation exchanges launches

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South Korean Bithumb Exchange Agrees to Repay Customers that were Hacked

South Korean crypto exchange Bithumb has today confirmed it will reimburse users affected by the theft of 35 bln won (about $30 mln) from its hot wallet two days ago, in an official announcement today, June 21.

2018-6-22 01:03	hack
bithumb exchange today crypto south korean official

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Hacked S. Korean Crypto Exchange Bithumb Confirms It Will Reimburse Affected Users

South Korean crypto exchange Bithumb stated it will reimburse users affected by the $30 mln hack that took place two days ago

2018-6-21 21:36	Government
reimburse affected users crypto exchange korean bithumb

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In order to recover hacked funds Bithumb is working with other Crypto Exchange

The exchange stated: “We have announced about 35 billion Korean won of damages … Bithumb is reducing the amount of damage through ongoing damage recovery, future figures are expected to be lower.

2018-6-21 20:30
exchange further damage funds working bithumb retrieve

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Here’s What Happened In The Bithumb Attack

*All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience and thanks for your understanding.

2018-6-21 13:30	Exchanges
bithumb here service exchange your happened attack

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What has changed from Mt. Gox to Bithumb; 7 years down the line

OPINION: Earlier today, top Korean cryptocurrency exchange platform Bithumb was hacked for a loss of about $30 million. While this has been the buzz in the crypto world, many have forgotten that another infamous hack occurred on this day.

2018-6-21 13:02	News
bithumb occurred day hack years world crypto

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Bithumb Halts All Transactions after $31M Crypto Hack

South Korean crypto exchange Bithumb has paused all transactions after suffering a hack attack.

2018-6-21 11:22	News
crypto bithumb hack transactions all attack paused

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Multiple Crypto Exchange Hacks Lead to Detailed Plans Made by Korean Government

Regulation Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges.

2018-6-21 07:04
multiple government korean exchanges crypto following reports

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Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges.

2018-6-21 06:10	Virtual Currency
multiple crypto korean government regulatory exchanges reports

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Tether Shows Law Firm Its Funds But Stops Short of an Audit

Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2. 6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all.

2018-6-20 21:10	USDT
tether short audit funds stops firm law

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Korean Ministry Initiates Investigation Into Causes Of Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology (MIC) has set up a probe into the theft of $30 million from the world’s sixth largest cryptocurrency exchange Bithumb, Yonhap News reports Wednesday, June 20.

2018-6-20 18:25	South Korea
bithumb exchange ministry korean cryptocurrency south initiates

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Korean Ministry Launches Probe Into Causes of Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology has launched a probe into the theft of $30 mln from the world’s sixth largest crypto exchange Bithumb

2018-6-20 13:32	Cryptocurrency Exchange
bithumb exchange korean crypto ministry probe mln

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Bitcoin Price Steady Above $6K Despite Bithumb Hack

Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.

2018-6-20 13:30	bithumb
despite bitcoin south korean crypto hacked exchange

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Bitcoin Retains Short-Term Bull Bias Despite Exchange Hack

Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.

2018-6-20 13:30	bithumb
exchange bitcoin despite south korean crypto hacked

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Market Declining Following Bithumb Hack Of $30 Million Worth Of Coins

The South Korean crypto market is scrambling to retain its normalcy after hackers attacked and made away with about $30 million worth of crypto coins from Bithumb. Bithumb is a South Korean cryptocurrency exchange, the 2nd largest in the country and 6th largest in the world.

2018-6-20 12:18	hack
bithumb worth market coins million following exchange

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Main Korean Crypto Exchange: $31 Million Gone

News Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.

2018-6-20 10:31	USD
million bithumb crypto korean exchange lower withdrawal

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Crypto Switch Bithumb Stops Withdrawals during $31 Million Hack

The company said in an announcement today that the hack happened between late Tuesday night until early Wednesday morning Korean time. Though Bithumb has yet to disclose which cryptocurrency or in what amount had been damaged, it said in the announcement that the loss will be covered by the platform. As such, Bithumb said investors should

2018-6-20 10:17	hack
said bithumb hack announcement amount had damaged

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Major Korean Crypto Exchange: $31 Million Vanishes

Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.

2018-6-20 09:20	South Korea
million korean crypto exchange time vanishes major

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Hackers have breached the sixth largest exchange in the world Bithumb

Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19. According to CoinMarketCap, Bithumb’s 24-hour trade volume at press time is over $374 million, the world’s sixth largest.

2018-6-20 08:48	Virtual Currency
million exchange bithumb hackers coinrail south world

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South Korean Crypto Exchange Bithumb Hacked, $31.5 Million Stolen

Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of more than $31 million worth of cryptocurrencies. This marks the second Korean exchange hack in as many weeks.

2018-6-20 07:30	South Korea
exchange korean bithumb million south cryptocurrencies billion

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World’s Sixth Largest Crypto Exchange Bithumb Hacked, Loses $30 Mln

Leading South Korean crypto exchange Bithumb, the world’s sixth largest, has been hacked

2018-6-21 06:13	Bitcoin
hacked world exchange bithumb crypto largest sixth

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World’s Sixth Largest Crypto Exchange by Trade Volume Bithumb Hacked

Leading South Korean crypto exchange Bithumb, the world’s sixth largest, has been hacked

2018-6-20 06:13	Bitcoin
hacked world exchange crypto largest bithumb sixth

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Korean Crypto Exchange Unveils Plan to Restart Despite Hackings and Controversies

Exchanges South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions.

2018-6-20 21:31
exchange crypto service korean south resume controversies

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Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies

South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions.

2018-6-20 18:10	Virtual Currency
service exchange crypto controversies plan korean hacked

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Korean crypto exchanges step up to aml compliace. Banks are burning out

Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.

2018-6-18 10:37
aml crypto exchanges government compliance korean south

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.

2018-6-18 08:40	Virtual Currency
aml crypto banks failing compliance exchanges korean

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The Crypto Refresh June 17th 2018

We are back again with our weekly refresh of all things crypto. The crypto refresh is designed to bring you a weeks’ worth of cryptocurrency news in a bitesize format. We appreciate that you might not always have time to trawl through the headlines so therefore, each weekend we summarise the best bits for you.

2018-6-18 23:05	Tether
crypto refresh all 2018 cryptocurrency june hack

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South Korea’s Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use

In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […]

Korean crypto investors reach 7.8m amid 27% market cap increase: report

South Korea’s crypto market skyrocketed in the first half of 2024, with 7.8 million investors and daily trading volumes rising by 67% to $4.4 billion. Korea’s crypto market has seen a significant expansion in the first half of 2024, driven…

South Korea to regulate cross-border crypto trades by 2025

South Korean authorities are preparing to regulate cross-border digital asset transactions beginning in late 2025, according to an Oct. 25 report by Reuters. The Ministry of Finance announced that the new regulations will require registration and reporting for businesses in Korea involved in cross-border crypto trades.

Sunny Aggarwal’s vision for seamless cross-chain trading with Polaris

In a recent episode of the SlateCast, Sunny Aggarwal, Co-founder of Osmosis Labs and Polaris, joined CryptoSlate’s Editor in Chief Liam “Akiba” Wright to discuss the future of cross-chain decentralized finance (DeFi), the rise of multi-chain ecosystems, and his new venture, Polaris.

MicroStrategy stock to BTC ratio hits all-time high, surpassing 2021 bull run

MicroStrategy’s (MSTR) stock has reached a new 25-year peak amid Bitcoin’s potential climb towards the $70,000 mark. Google Finance data reveals that MicroStrategy’s stock, bolstered by its significant Bitcoin holdings, has shown consistent upward momentum throughout the year.

South Korea to monitor cross-border trades with crypto

South Korean authorities will impose regulations on cross-border crypto transactions, requiring businesses to register and report from mid-2025. South Korea plans to implement regulations governing cross-border transactions of virtual assets, including cryptocurrencies, with new registration and reporting requirements set to…

South Korea’s crypto exchange closures lock $13M in investor assets

More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due to the closure of several crypto exchanges in the country, local media outlet The Korea Times reported on Oct.

2022-11-18 14:01

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