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Korean crypto exchange GOPAX halts Genesis-backed DeFi amid FTX crisis
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. дальше »
2022-11-18 14:01 | |
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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.
дальше »2021-7-10 14:59 | |
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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
дальше »2020-4-28 19:59 | |
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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
дальше »2019-4-23 01:45 | |
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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. дальше »
2018-9-28 19:17 | |
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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. дальше »
2018-6-26 19:06 | |
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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. дальше »
2018-6-26 16:30 | |
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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. дальше »
2018-6-26 14:49 | |
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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. дальше »
2018-6-26 13:00 | |
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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. дальше »
2018-6-24 22:30 | |
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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. дальше »
2018-6-24 23:00 | |
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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 […] дальше »
2018-6-24 21:00 | |
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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. дальше »
2018-6-23 04:05 | |
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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. дальше »
2018-6-23 02:13 | |
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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. дальше »
2018-6-23 01:40 | |
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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. дальше »
2018-6-22 13:30 | |
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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 дальше »
2018-6-22 09:11 | |
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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. дальше »
2018-6-22 06:20 | |
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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. дальше »
2018-6-22 01:03 | |
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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
дальше »2018-6-21 21:36 | |
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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. дальше »
2018-6-21 20:30 | |
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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. дальше »
2018-6-21 13:02 | |
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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. дальше »
2018-6-21 07:04 | |
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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. дальше »
2018-6-21 06:10 | |
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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. дальше »
2018-6-20 21:10 | |
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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. дальше »
2018-6-20 18:25 | |
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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
дальше »2018-6-20 13:32 | |
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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. дальше »
2018-6-20 12:18 | |
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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 дальше »
2018-6-20 10:17 | |
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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. дальше »
2018-6-20 09:20 | |
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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. дальше »
2018-6-20 08:48 | |
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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. дальше »
2018-6-20 07:30 | |
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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. дальше »
2018-6-20 21:31 | |
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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. дальше »
2018-6-20 18:10 | |
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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. дальше »
2018-6-18 10:37 | |
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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. дальше »
2018-6-18 08:40 | |
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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. дальше »
2018-6-18 23:05 | |
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