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North Korean dissidents are using Ethereum to overthrow Kim Jong-un
Political dissidents known as the Cheollima Civil Defense (CCD) are selling special “post-liberation blockchain visas” for cryptocurrency in a bid to raise funds for overthrowing Kim Jong-un — and they’ve already collected over $57,000 in Bitcoin. дальше »
2019-3-20 17:03 | |
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Kakao May Integrate its Crypto Wallet into KakaoTalk
Kakao, the creator of Korea’s most popular messaging app, KakaoTalk, is reportedly making plans to integrate its proprietary cryptocurrency wallet into the messaging app and enable users to store their cryptoassets more easily, reports local news source, Fnews on March 18, 2019. дальше »
2019-3-20 16:00 | |
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Bitcoin Exchange Bithumb Announces 50% Layoffs
South Korea’s largest Bitcoin exchange, Bithumb, has announced layoffs of 50%, the latest casualty of “crypto winter. ” B A report in Korean media issued earlier today shows that the exchange will be cutting its staff from 310 to around 150. дальше »
2019-3-19 02:20 | |
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North Korea Has over $670 Million in Bitcoin and Other Cryptocurrencies, Claims New UN Report
According to a UN report released on March 12, 2019, North Korea has amassed hundreds of millions in cryptocurrency to circumvent sanctions. While there are many that have believed that North Korea was involved in various cryptocurrency cyber-attacks, the fact that the country is stockpiling cryptocurrency is a new development. дальше »
2019-3-15 14:00 | |
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Chinese Government Officials Targeted With Ransomware, North Korea Suspected
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has […] The post Chinese Government Officials Targeted With Ransomware, North Korea Suspected appeared first on Bitcoin News. дальше »
2019-3-15 03:15 | |
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HSBC to Ally with Korean Banks for Commercial Launch of Voltron Blockchain
HSBC Bank Plc, one of the largest banking and financial institutions in the world, is looking to form a strategic partnership with South Korean lenders in a bid to make its Voltron distributed ledger technology (DLT) platform commercially available for the settlement of trade invoices and more, reports The Korea Times on March 12, 2019. дальше »
2019-3-14 20:00 | |
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UN Security Council Panel Fingers North Korea in $600+ Million Virtual and Foreign Currency Theft
North Korea, an Asian country known for its military nuclear weapons program, is using cyber attacks and the nascent blockchain technology to dodge economic sanctions, acquire much-needed foreign currency, and cover its tracks, reported the Nikkei Asian Review on March 8. дальше »
2019-3-11 16:29 | |
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Nakamoto Game Brings Transparent Blockchain Lottery to Bitcoin Cash
There’s a new bitcoin cash lottery that uses the BCH blockchain as an oracle to provide true provable fairness in the game. Participants toss BCH into a pot and if the last few digits of the user’s transaction ID matches the target block’s hash they win the jackpot. дальше »
2019-3-10 20:20 | |
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Unexpected Bitcoin Whale: North Korea May Own Millions In Crypto
Bitcoin Can Help Kim Avoid Sanctions In a recent U. N. Security Council meeting, a panel of industry experts claimed that North Korea could have upwards of $670 million worth of currencies that isn’t the nation. дальше »
2019-3-9 03:49 | |
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UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges
The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual […] The post UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges appeared first on Bitcoin News. дальше »
2019-3-9 23:25 | |
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North Korea Stockpiles $650 Million in Crypto, Hypocritical UN Blames Bitcoin
North Korea has Cryptocurrency. A lot of it. In a piece from Nikkei Asian review, it was reported that experts have testified to the UN that Kim Jong Un’s regime is sitting upon more than half a billion US dollars’ worth of Crypto. дальше »
2019-3-9 18:55 | |
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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. дальше »
2019-3-9 14:57 | |
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South Korean Prosecutors Create Task Force to Combat Crypto Criminals
Seoul prosecutors announced on March 5, 2019, that they are forming a “Task Force” with the sole purpose of fighting off crypto and fintech-related crimes of fraud as reported by the country’s News1 Agency. дальше »
2019-3-7 10:00 | |
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South Korea: Kakao Ventures Invests Undisclosed Sum in Stablecoin Project Terra
Terra, a blockchain-powered payments platform has received an undisclosed investment from South Korean venture capital firm Kakao Ventures, reports Crowdfund Insider, March 4, 2019. Kakao Goes All in on Terra Saying that South Korea has emerged as one of the global hotbeds for everything blockchain and crypto wouldn’t be a stretch by any means. дальше »
2019-3-5 21:00 | |
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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy
Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. дальше »
2019-2-27 23:13 | |
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Employee Embezzlement Forces South Korea’s Coinbin Crypto Exchange to Call it Quits
Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019. дальше »
2019-2-26 22:00 | |
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Korea Exchange Official: US Bitcoin ETF Decision Will Affect the Korean Market
An official at the Korea Exchange has revealed that the local crypto market will be affected by the decision made by the SEC regarding the Bitcoin ETF in a report by the Korea Herald on February 20, 2019. дальше »
2019-2-24 22:00 | |
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Korea Bitcoin ETF Approval Depends on US SEC Decision, Admits Stock Exchange Official
South Korea has joined the cryptocurrency community when it comes to waiting for the US’ verdict on Bitcoin exchange-traded funds (ETF). The nation’s sole bourse operator, Korea Exchange (KRX), admitted that it was carefully observing the constantly-unfolding crypto ETF scenario in the US. дальше »
2019-2-24 15:09 | |
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This Week in Cryptocurrency: February 22, 2019
This week in crypto: FBI cracks down, Elon Musk spreads some Bitcoin positivity, and S Korea plays follow the leader. Read about it in our weekly roundup. The post This Week in Cryptocurrency: February 22, 2019 appeared first on CoinCentral. дальше »
2019-2-22 20:44 | |
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South Korea’s Biggest Telecoms Provider to Launch Blockchain-as-a-Service Platform
KT Corp. , South Korea’s behemoth telecom company, is preparing to roll out a blockchain-as-a-service (BaaS) in March of this year. Much like many other BaaS platforms, it will reduce entry barriers into the industry and foster an innovative ecosystem. дальше »
2019-2-22 18:00 | |
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Official: U.S. SEC’s Bitcoin ETF Verdicts Will Determine South Korea’s Crypto Attitude
South Korea Waits On SEC Rulings The race for the launch of Bitcoin exchange-traded funds (ETFs) has been an onerous one. Since the first proposal was plopped on the desk of American regulators, hopefuls and. дальше »
2019-2-22 03:22 | |
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New Samsung Galaxy S10 Includes Baked-In Storage for Private Keys
Samsung announced on February 21, 2019, that their newest phone, the Galaxy S10, will include secure storage for its users’ cryptocurrency private keys. The company made a press release detailing the phone’s many features, notably including Samsung’s proprietary defense platform, Samsung Knox, which will feature secure private key storage that is claims is specifically “for blockchain-enabled mobile services. дальше »
2019-2-22 00:57 | |
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‘Samsung Blockchain Wallet’ Will Tutor You to Store Your Bitcoin, Ethereum on Galaxy S10
The phrase “crypto wallet” has not been used during the launch of the Samsung Galaxy S10 and Fold at the electronics giant’s high-profile presentation in San Francisco on February 20. Instead, the company pushed the product as a private crypto key storage and an all-in-one blockchain platform called Knox, confusing some users on the core applications of the feature. дальше »
2019-2-22 18:55 | |
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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. дальше »
2019-2-21 18:11 | |
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Korean Cryptocurrency Market Hinges on US Bitcoin ETF Decision
According to the Korea Herald, the U. S. Bitcoin ETF decision will shape the mood of the cryptocurrency market in the country. The All-Important Bitcoin ETF Decision It isn’t only the likes of SolidX, VanEck, and the flurry of other Bitcoin ETF proposals that are waiting in anticipation for April 5, the date scheduled for the SEC to reach a decision on whether to allow them or not. дальше »
2019-2-21 18:00 | |
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The Government of Seoul Is Looking to Close the Blockchain Funding Gap
In yet another bold step towards becoming the next blockchain hub, the city of Seoul announced on February 18, 2019, that it will offer $1 billion in funding towards blockchain and fintech firms up to the year 2022. дальше »
2019-2-21 04:00 | |
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Justin Sun Announces New BTT Listing and Airdrop, Price Fails to React
BitTorrent Token (BTT) will be listed on one of South Korea’s major cryptocurrency exchanges – Bithumb. To commemorate the event, Justin Sun revealed that there will be an airdrop of 100 million BTT. дальше »
2019-2-19 13:55 | |
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South Korea: City of Gimpo to Get Its Own Cryptocurrency
The South Korean city of Gimpo will be the latest to have its own native cryptocurrency, as reported by ZDNet on February 14, 2019, that the KT Corporation will develop a token for the city. A New Coin in Town Cryptocurrencies that are attached to a specific location have been around for some time now. дальше »
2019-2-17 10:00 | |
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South Korea’s Liberty Korea Political Party set to use Blockchain Technology for Elections
In a bid to foster transparency and curb the activities of bad actors in the electoral process via blockchain technology, South Korea’s largest opposition party, the Liberty Korea Party, has joined forces with ioeX, a Taiwanese distributed ledger technology (DLT) startup, according to a press release on January 11, 2019. дальше »
2019-2-12 22:00 | |
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Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs
When you think of nations with a notable Bitcoin ecosystem, many crypto investors would immediately think of the U. S. , Malta, Singapore, Japan, and South Korea. Yet, many draw little attention to the Philippines, a nation that is seemingly filled to the brim with cryptocurrency users. дальше »
2019-2-10 09:03 | |
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Bithumb Launches Its OTC Trading Desk to Further Target Institutional Investors
CoinSpeaker Bithumb Launches Its OTC Trading Desk to Further Target Institutional Investors Bithumb, South Korea’s largest Bitcoin exchange by trading volume, has launched an over-the-counter (OTC) trading platform that will allow deep-pocketed traders to exchange crypto assets off the books. дальше »
2019-2-9 10:49 | |
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South Korea’s Top Crypto Exchange Just Launched a Major Product, But is There Real Demand From Institutions?
Bithumb, South Korea’s largest Bitcoin exchange by trading volume, has launched an over-the-counter (OTC) trading platform that will allow deep-pocketed traders to exchange crypto assets off the books. дальше »
2019-2-8 22:44 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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Report: Crypto Exchanges in South Korea Scrambling to Survive as Bear Market Hits Hard
According to a local publication Blockinpress, crypto exchanges in South Korea are struggling to adjust to changing market conditions and the 14-month-long correction. Since January 2018, the global crypto exchange market has seen a rapid decline in volume. дальше »
2019-2-5 16:50 | |
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ProBit Crypto Asset Exchange: Secure Global Bitcoin Trading Platform?
The ProBit Exchange is designed to be the most professional, global, and secure marketplace for digital assets. ProBit Crypto Asset Exchange Grand Opening ProBit recently announced that its Korea branch would officially open on January 29, 2019. дальше »
2019-2-3 15:49 | |
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ICO Ban to Continue in South Korea, FSC Says
South Korea’s state financial regulator Financial Service Commission (FSC) will continue the ban on initial coin offerings (ICOs); this was confirmed in a press release published on January 30, 2019. дальше »
2019-2-2 22:00 | |
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South Korea Updates ICO Stance After 3-Month Investigation
The South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies. дальше »
2019-2-1 11:55 | |
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Bitcoin Price Analysis: BTC Upsides, Break above $3,800 on the Cards
Bitcoin price reject lower lows, stable Exchanges in South Korea band together to protect investors and prevent illegalities Transaction volumes low, prices trading in tight ranges Despite yesterday’s declines, BTC is technically bullish. дальше »
2019-1-29 22:00 | |
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Major South Korean Crypto Exchanges Launch AML Initative
Four leading crypto-exchanges in South Korea including Bithumb, Corbit, Upbit and Coinone have joined forces to fight against cryptocurrency-powered money laundering activities, reported The Korea Herald on January 28, 2019. дальше »
2019-1-29 12:00 | |
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OmiseGO (OMG) Announces ShinhanCard’s Proof-of-concept for Loyalty Program That Uses Ethereum (ETH) Smart Contracts
ShinhanCard and OmiseGO (OMG) have developed the first Proof-of-Concept for the ShinhanCard loyalty program that will enable borderless interoperability. The ShinhanCard is issued by Shinhan Financial Group, one of the largest banking entities in South Korea. дальше »
2019-1-28 21:09 | |
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South Korean Money Tokenized
One bitcoin is currently a bit cheaper in South Korea by $100, with trading volumes there seemingly plummeting from their heyday of billions of dollars a day in just one... The post South Korean Money Tokenized appeared first on Trustnodes. дальше »
2019-1-23 18:25 | |
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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. дальше »
2019-1-23 00:57 | |
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Crypto Fever Moving Worldwide: Bitcoin Available at Discounted Price in South Korea
A shift in the BItcoin or crypto trading is happening worldwide. Countries that have been dominating this space has been gradually reducing in numbers while countries like Peru, Venezuela, Brazil, Colombia among others are seeing a surge in Bitcoin transaction volume. дальше »
2019-1-18 22:52 | |
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Korea’s Biggest Conference Is around the Corner
Chain Plus Korea, one of the most influential blockchain summit and conference organized by Chainers and MTN (Money Today Network, the 3rd largest Economic Media Group) is about to open on January 23-24 2019 at the Seoul Dragon City in Seoul, with the prediction of 2,000+ audience to attend from worldwide. дальше »
2019-1-18 02:00 | |
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Korean Bitcoin Now Cheaper Than World Prices
South Korea is known for a voracious crypto appetite, but the “Kimchi Premium” may now be turning into a discount. Crypto prices on Korean exchanges are now slipping below the worldwide average, indicating that Korean markets might finally be cooling down. дальше »
2019-1-18 00:36 | |
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