South Korea’s crypto market soars to $21.1 billion in H1

2023-10-9 15:08

South Korea’s digital asset market has seen remarkable growth in the first half of 2023, with its total market capitalization hitting $21.1 billion. The Financial Services Commission (FSC) of South Korea revealed that the country’s crypto market cap witnessed a…

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South Korean Fashion Platform Sinsang Market to Partner With Terra Stablecoin

Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […]

2019-8-6 23:37


Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets

Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon. Importance of a Public Figure Investing in the Crypto Space in South Korea According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market.

2019-3-13 17:12


Crypto Tokens Enjin, ICON Soar 20% but Bitcoin Remains Woefully Stable

Throughout the past several days, Bitcoin has remained relatively stable at $3,900. The stability of BTC has led crypto tokens to record massive spikes in the range of 10 to 100 percent. Enjin Coin, for instance, the native cryptocurrency of a gaming-focused blockchain network called Enjin, surged by 100 percent at its daily peak following its partnership with Samsung.

2019-3-9 14:57


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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.

2019-1-23 00:57


New Financial Channel Report Details Why 70% of South Korean Crypto Miners Shut Down Operations in 2018

A report released by CCTV—2, the Chinese owned Financial Channel television station indicates that the bear market may have had a significant toll on local miners than initially anticipated. The state-owned broadcaster has just released a report which seeks to document the effects of the 2018 bear market on the local crypto miners. The report […]

2019-1-4 20:20


Seoul Mayor Confirms to Attend CHAIN PLUS+ Blockchain Summit

CHAIN PLUS+ 2019 blockchain summit: January 23th-24th, 2019. As one of the world’s most popular blockchain and cryptocurrency investment market, South Korea has a high level of enthusiasm for crypto investment, large companies are actively deploying blockchain tracks, and even the Korean government continues to release good news——policy as one of the most important factors in the development of the […]

2018-12-19 13:27


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move.

2018-12-12 01:52


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