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South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million

Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, including several others totaling up […]

2021-1-8 04:30


Popular DEX Uniswap Beats Coinbase for the Second Time in a Row, Overthrows Other Top CEXs

The popular DeFi protocol Uniswap is reaching towards becoming the fourth largest DeFi project to hit the $1 billion mark. Given that the fully decentralized on-chain protocol for a token exchange on Ethereum has seen a growth of 225% in the past less than five days, it won’t be long before it enters the billion-dollar […] The post Popular DEX Uniswap Beats Coinbase for the Second Time in a Row, Overthrows Other Top CEXs first appeared on BitcoinExchangeGuide.

2020-8-31 18:03


Korean blockchain game developer SuperTree receives $2.5M in Series A funding

Korean blockchain game development company, SuperTree, today announced it has successfully attracted a total of 3 billion won (around $2,575,684 USD) in Series A investment. SuperTree is a startup specializing in the development of blockchain games, consisting of a core team with significant experience in the gaming industry such as NHN, Netmarble, NCSOFT, and ItemBay.

2020-1-22 18:04


Craig Wright’s $3 Billion Bitcoin Dump isn’t Coming Anytime Soon

The countdown for Craig Wright’s 1 million Bitcoin fortune has stopped ticking because Faketoshi needs more time. That’s right, Craig Wright who claims to be Satoshi Nakamoto, who invented the world’s leading cryptocurrency Bitcoin won't be able to surrender $3 billion of his BTC holdings that he has been ordered by a judge. US Magistrate […]

2019-12-28 00:02


South Korea Ministry Makes $382 Million Investment into Research and Development of Blockchain

The Ministry of Science and Technology in South Korea is planning to put 450 billion Won, which is about $382 million, in blockchain development and research. The investment would take place over a 6 years period of time, starting in 2021 and ending in 2026, the ZDNet Korea has reported on Thursday. As some government […]

2019-11-22 20:27


Korea Internet Security Agency Announces 2020 Blockchain Startup Funding Plan of $9 Million

The Korean Web Safety Company, KISA, has announced that it will support various blockchain-focused projects in 2020, with 10.5 billion won (which is approximately $9 million) in funding. The details of the plan were announced by KISA in a meeting last week held in Seoul. The 2020 funding plan marks the 3rd year of such […]

2019-10-29 23:03