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Binance to sell GOPAX shares to MegaZone: report
Binance is reportedly set to reduce its stake in GOPAX exchange. The shares sale will involve South Korea cloud service provider MegaZone. Binance is reportedly in final negotiations as it looks to reduce its shares in South Korea-based crypto exchange GOPAX. дальше »
2024-7-12 14:13 | |
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Akash Network and BITGTIME surge after Upbit lists tokens
Akash Network and BITGTIME surge after listing on Korea-based Upbit Akash Network (AKT) and Big Time (BIGTIME) are leading the crypto market in gains today amid news of respective tokens listing on the largest exchange in South Korea. дальше »
2024-4-23 11:04 | |
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North Korea: Crypto-hacks fuel 50% of country's foreign funds, claims report
Crypto hacks reportedly accounted for 40% of North Korea’s weapons program. North Korean actors like Lazarus Group prefer laundering through “mixers.” According to South Korea-based The post North Korea: Crypto-hacks fuel 50% of country's foreign funds, claims report appeared first on AMBCrypto. дальше »
2024-3-21 18:30 | |
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Wemade expands WEMIX PLAY ecosystem with the launch of blockchain games on LG screens
SINGAPORE, DECEMBER 21, 2023 – Leading South Korea-based global game developer Wemade is expanding its Web3 gaming ecosystem with the upcoming launch of popular WEMIX PLAY-hosted games on LG Smart TVs and monitors1. дальше »
2023-12-21 01:12 | |
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Line Next’s $140M Funding Fuels Ambitious Global Web3 and NFT Marketplace Venture
Line Next, a South Korea-based NFT unit, secures a groundbreaking $140 million for global Web3 expansion. Plans include launching a global NFT marketplace, a virtual avatar app, and innovative Web3 games, reshaping the digital asset landscape. дальше »
2023-12-14 13:00 | |
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Adenasoft launches new crypto exchange white label solution: ACE
Adenasoft, a South Korea-based IT/software company, has just announced the launch of ACE, their new SaaS product designed for cryptocurrency exchanges. ACE fully prepares businesses for exchange operations quickly, taking less than a month to get up and running. дальше »
2023-6-27 17:54 | |
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Do Kwon sentenced to 4 months in prison in Montenegro
Do Kwon was arrested in March as he tried to board a flight to Dubai. The Terraform Labs CEO is wanted in South Korea and in the US on charges related to the collapse of TerraUSD and Terra LUNA. Kwon was sentenced together with Han Chang-joon, the former CEO of South Korea-based payments app Chai. дальше »
2023-6-20 19:20 | |
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South Korean crypto lending platform Delio suspends withdrawals
Delio, a Korea-owned cryptocurrency lending and savings company, has temporarily suspended fund withdrawals, citing increased market volatility. Delio, a South Korea-based digital assets lending platform offering users high returns on their crypto holdings, has suspended fund withdrawals, citing increased market… дальше »
2023-6-15 13:45 | |
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CoinNess and Ness LAB join forces for Web3 transition
CoinNess, a South Korea-based cryptocurrency and blockchain information and resource platform, announced in a Thursday press release a strategic partnership with Web3 development firm Ness LAB. Ness LAB is a blockchain research company that believes blockchain technology should transform the way information is accessed. дальше »
2023-6-9 22:58 | |
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Korea-based exchange GDAC suspends withdrawals, deposits after $13M hack
Korea-based crypto exchange GDAC was hacked for roughly $13 million worth of digital assets during the early hours of April 9. According to an April 10 statement, the exchange said the stolen assets accounted for 23% of the total assets it managed. дальше »
2023-4-10 17:25 | |
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Binance Re-enters South Korea’s Crypto Market Via Stake In GOPAX Exchange
The world’s largest cryptocurrency exchange, Binance, has always been used to making it to the headline most times for its new acquisition. Today’s news is no different as Binance is set to return to South Korea’s crypto market, given its stake in the troubled South Korea-based cryptocurrency exchange GOPAX. Binance shut down its operations in […] дальше »
2023-2-4 15:30 | |
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A stablecoin that is not stable is an “oxymoron,” says Wemade’s Henry Chang
Henry Chang believes that stablecoins must have a 100% reserve to ensure that user funds are protected. Henry Chang, chief executive officer of South Korea-based blockchain game developer Wemade Co. дальше »
2022-10-27 10:22 | |
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Crypto-lender TrueFi issues default notice to Blockwater over $3.4M loan
DeFi lending company TrueFi has issued a notice of default to South Korea-based Blockwater Technologies over the latter’s failure to repay an unsecured loan of $3.4 million. The notice was issuedThe post Crypto-lender TrueFi issues default notice to Blockwater over $3.4M loan appeared first on AMBCrypto. дальше »
2022-10-11 00:00 | |
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First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
A recent report from South Korea-based CryptoQuant outlines a number of different price valuation metrics that show bitcoin bottoming out between $10,000 and $14,500. дальше »
2022-9-13 05:52 | |
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Do Kwon hires lawyer in preparation for defense in South Korea
Terra co-founder Do Kwon has hired a lawyer in preparation for his defense against South Korea’s legal actions, South Korea-based Naver reported August 17. The post Do Kwon hires lawyer in preparation for defense in South Korea appeared first on CryptoSlate. дальше »
2022-8-17 17:30 | |
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South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto
A foreign employee of South Korea-based Busan Bank stole roughly 1. 48 billion won of customer funds and invested the money in crypto assets like Bitcoin (BTC), local media reported on August 1. The post South Korea-based Busan Bank’s employee steals 1. дальше »
2022-8-1 19:00 | |
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FTX is reportedly looking to buy South Korean crypto exchange Bithumb
FTX, the cyptocurrency exchange firm founded by crypto billionaire Sam Bankman-Fried, is looking to acquire South Korea-based crypto platform Bithumb. Reports of the potential acquisition surfaced on Friday, with major publication Bloomberg citing sources familiar with the development. дальше »
2022-7-23 23:07 | |
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Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »
2022-5-18 19:30 | |
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Terra: Fast Growing into the Next Big Thing in DeFi
Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST). The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK. дальше »
2022-5-8 00:11 | |
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North Korean hacker group allegedly behind $625M Ronin attack
North Korea-based hacker the Lazarus Group is allegedly the attacker that stole $625 million from the Axie Infinity Ronin Bridge, according to new details from US officials. The Office of Foreign Assets Control (FDAC), on Thursday, updated its Specially Designated Nationals and Blocked Person’s List (SDN). дальше »
2022-4-15 23:44 | |
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Going meta: Disney, Second Life and K-pop
Second Life creator Philip Rosedale returns to the fold, Disney's patent for a "virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with South Korea-based Kakao’s Klaytn project. дальше »
2022-1-15 00:15 | |
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Attention aplenty for Web 3.0, Metaverse though industry leaders not unanimous
Many industry voices believe that Web3 is set to change the face of the internet as we know it. And so, funds are constantly flowing into the space. Recently, South Korea-based Hashed raised $200 millThe post Attention aplenty for Web 3. дальше »
2021-12-2 21:30 | |
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'Big four' South Korean crypto exchanges survive despite restrictions
h2: 'Big 4' coin exchanges in South Korea stand strong 29 of the 66 South Korea-based crypto exchanges had rushed to meet a stipulated regulatory deadline on 24 September. Following this, the markeThe post 'Big four' South Korean crypto exchanges survive despite restrictions appeared first on AMBCrypto. дальше »
2021-9-26 19:30 | |
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Blockchain Venture Capital IgnisVC Signs MOU with TikTok for NFTs and Metaverse
Leading blockchain venture capital firm IgnisVC (IGNISVC) today announced a strategic partnership MOU with TikTok. IGNISVC Inks Strategic Partnership with TikTok Seoul, South Korea-based blockchain venture capital company IgnisVC’s strategic partnership with TikTok is aimed toward fostering business collaboration and advertising partnership with Virtual Contents, Metaverse, NFT Marketplace, and TikTok Shop Commerce. With the latestRead More дальше »
2021-8-17 13:00 | |
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Crypto Exchange OKEx Is Shutting Down In South Korea
OKEx cryptocurrency exchange has said it will terminate its South Korea-based business, following the introduction of an updated Anti-Money-laundering (AML) in the country. The exchange’s spokesperson said OKEX chose to resign rather than try to fight the tough regulatory regime which would make it impossible to continue operating in South Korea. “OKEx Korea service has […] дальше »
2021-3-24 16:53 | |
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Morgan Stanley Participating in the Acquisition of South Korea’s Top Crypto Exchange, Bithumb
Morgan Stanley is bidding for the acquisition of South Korea-based cryptocurrency exchange Bithumb for a $2 billion valuation, reported a local publication. The article circulated on the leading local search engine Naver. дальше »
2021-3-19 17:06 | |
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Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs
Bitcoin bulls should brace for a bearish impact as three of the leading on-chain indicators unanimously warn about potential sell-offs in the spot market ahead. CryptoQuant, a South Korea-based blockchain analysis firm, highlighted the latest readings on their proprietary metrics, one of which studies large BTC outflows from miners’ wallets and the other over-the-counter BTC […] дальше »
2021-1-26 16:00 | |
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Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash
An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours. дальше »
2021-1-22 14:26 | |
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Social Welfare Business Camp Global Lists CAMP on ProBit Exchange
Camp Global, a Korea-based transparent donation and economic development blockchain platform has listed its CAMP token on ProBit Exchange on October 16 with the pairing of KRW and USDT markets for the trading community. дальше »
2020-10-22 13:42 | |
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IOST Partners with South Korea’s dKargo to Explore Blockchain’s Potential in Logistics Industry
Enterprise-geared scalable blockchain project IOST (IOST) has joined forces with its new partner node, the South Korea-based decentralized global logistics project dKargo. The two entities will work together to leverage the benefits of distributed ledger technology (DLT) in the logistics industry, per an announcement dated April 28, 2020. дальше »
2020-4-29 22:14 | |
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ICON (ICX) Launches Smart Contracts-Supporting Consensus Algorithm
ICON (ICX), a South Korea-based distributed ledger technology (DLT) project that claims to be focused on fostering interoperability between independent blockchains, has rolled out a new consensus algorithm dubbed Loop Fault Tolerance 2. дальше »
2020-4-11 21:00 | |
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Bithumb Embraces Chainalysis’ Crypto Investigative Tool “Chainalysis Reactor”
According to a press release issued on March 10, 2020, South Korea-based cryptocurrency exchange platform Bithumb has joined forces with blockchain analysis firm Chainalysis firm to embrace the latter’s investigations solution – Chainalysis Reactor. дальше »
2020-3-12 18:00 | |
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South Korea: Postech University to Issue Diplomas on ICONLOOP’s BROOF Blockchain Platform
South Korea-based public blockchain project ICONLOOP (ICON) is poised to receive mainstream attention as according to January 15, 2020, report by Mineable, ICONLOOP’s BROOF platform will be used by Postech University for the issuance of graduation diplomas. дальше »
2020-1-16 00:00 | |
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Binance to Launch Korean Support Center After Investing in BxB Crypto Exchange
Crypto exchange giant Binance has made an investment in a South Korea-based startup and is preparing to launch a support center in the country. As reported by CoinDesk Korea, the exchange has taken a stake of 500 million won ($432,000) in BxB, the fintech firm that launched the Korean won (KRW) back in 2019. Aside […] дальше »
2020-1-15 22:20 | |
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Ethereum deposit, withdrawal support re-opened by Upbit after November hack
South Korea-based cryptocurrency exchange, Upbit, recently announced the re-opening of deposits and withdrawals for Ethereum on the platform. These services had been closed for a long time following aThe post Ethereum deposit, withdrawal support re-opened by Upbit after November hack appeared first on AMBCrypto. дальше »
2020-1-14 17:30 | |
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South Korea: Hacked Crypto Exchange Upbit Finally Resumes ETH Deposits and Withdrawals
Upbit, a top South Korea-based cryptocurrency exchange that lost $51 million worth of ether (ETH) to hackers last year, has announced that it has resumed deposits and withdrawals for the altcoin, reports Business Korea on January 14, 2019. дальше »
2020-1-14 12:00 | |
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Bithumb Rolls Out Blockchain And Crypto Research & Development Center In South Korea
South Korea-based crypto exchange Bithumb has opened its own R&D center, which means it’s also going to do research and development from now on. The announcement was released on January 6. Bithumb now has the first South Korean blockchain and cryptocurrency research center. дальше »
2020-1-8 20:37 | |
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Crypto Exchange Coinplug Raises $6.4 Million from Major Korean Firms
South Korea-based Coinplug, a leading Bitcoin (BTC) exchange, wallet and payment company, has raised 7.5 billion won (appr. $6.4 million) from the venture capital divisions of several major local financial institutions. Coinplug’s management noted in... дальше »
2019-10-25 11:23 | |
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