South Korea’s Largest Pension Fund Embraces Crypto, Invests Millions in MicroStrategy and Coinbase

2024-8-17 21:10

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south millions → Результатов: 49


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Sentbe, Hanpass, WireBarley and More Leverage RippleNet to Improve Remittances in Korea

For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for many years, the remittance market in Korea was controlled entirely by large financial institutions—leading to high foreign transfer fees and costly delays.

2020-2-27 03:30


Samsung Preps Crypto Integration in Samsung Pay Wallet to Millions Globally

By CCN: According to Business Korea, a mainstream media outlet in South Korea, Samsung Electronics is preparing the integration of crypto assets into Samsung Pay. Samsung Pay reportedly accounts for around 80 percent of the market share of the simple payment market and the integration of crypto assets is expected to increase the mainstream adoption of the asset class.

2019-5-25 16:09


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports.

2019-4-8 11:17


PundiX, DoshEX To Help Welcome South African Crypto Payments Scene With Native Retail Market

South Africa Set To Welcome Crypto-Assets To Its Native Retail Market Thanks To PundiX And DoshEX As things stand, there currently exist millions of individuals within South Africa who still do not have access to basic banking services or even a tangible financial network that can allow them to facilitate value transfers (using older technologies […]

2019-4-6 21:28


Down the Bitcoin March Memory Lane when BTC Surpassed $1 Billion in Market Cap for the First Time

In the present time, this week we saw popular South Korean exchange Bithumb being hacked that lost millions of EOS in a suspected insider job. A little known Singaporean cryptocurrency exchange DragonEx was also hacked for cryptocurrencies including Bitcoin, Ethereum, Litecoin and number of other tokens. Another case has been of CoinBene that involved a […]

2019-4-1 23:12


Don’t Underestimate Samsung Galaxy S10’s Crypto Offering, Millions Will Be Exposed To Bitcoin

It’s official, Samsung, one of the most preeminent powerhouses in the technology sector, has formally delved into the crypto space. While the company, headquartered in Seoul, South Korea, has hinted at its involvement with blockchain historically — backing CryptoKitties, experimenting with ASICs, and trialing blockchain — it has yet to release a cryptocurrency product built for.

2019-2-21 18:11


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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


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Hong Kong Cryptocurrency Entrepreneur Accused of Scamming Investors of Millions

On January 7, 2019, The South China Morning Post reported that several residents had been duped of over HK$3 million (~$382,000) in a crypto mining scheme by entrepreneur Wong Ching-kit. Backstory: Face of a Mining Operation Wong Ching-kit, a cryptocurrency entrepreneur, has been accused of running a scam by several Hong Kong residents who accuse him of making away with just under.

2019-1-9 12:00


Hong Kong Crypto Mining Marketer Accused of Fraud in ‘Filecoin’ Investor Scheme

January 6th, South China Morning Post (SCMP) reported on a possible investment scheme created by Wong Ching-kit that may have duped Hong Kong based investors out of millions. The “Coin Young Master” (Wong) runs various online groups to promote cryptocurrencies, from Facebook pages to the self-proclaimed co-founding of “File Cash Coin”. He is being accused […]

2019-1-7 21:33


South Korea’s Bithumb Crypto Exchange Set for a Security Overhaul After 50% Acquisition

Bithumb crypto exchange has for the past few years battled security breaches and hacks resulting to millions of dollars in investor’s funds being stolen. Will the new 50% stake acquisition by BK Global Consortium solve these persistent problems and increase the users of Bithumb exchange further? Bithumb, South Korea’s largest cryptocurrency exchange, sold 50% of […]

2018-10-15 18:51


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Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forged Bank Notes

Being fooled into investing in a scam ICO, or in a broken cryptocurrency is heartbreaking, but being fooled into swapping your Bitcoin millions for fake banknotes takes it to a new level. According to new reports, one South Korean businessman has fallen victim of just that, a scam that involved his millions being swapped for €2 million worth of fake banknotes.

2018-8-20 16:00