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New Malware Sheds Light on How Cryptocurrency Exchanges Get Hacked
Ever wondered how cryptocurrency exchanges get hacked? Well, a new malware attempt by a North Korean hacking group might reveal some of what goes into such an attack. The new malware operates under the guise of a client-side trading software called “JTM Trading Software” and appears to be operated by the infamous North Korean Lazarus […] The post New Malware Sheds Light on How Cryptocurrency Exchanges Get Hacked appeared first on BeInCrypto. дальше »
2019-10-16 08:17 | |
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97% of South Korean Cryptocurrency Exchanges in Danger of Shutting Down: Report
South Korea’s regulatory authorities have strongly favored backing blockchain-related projects over decentralized cryptocurrencies. Some recent events confirm that the nation’s government is more supportive of distributed ledger technology (DLT) itself rather than speculative tokens. Around... дальше »
2019-10-6 15:54 | |
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Bithumb To Enter Indian Bitcoin Market, Set for Talks with Govt Regulators
South Korean bitcoin exchange giant Bithumb is seeking to enter the Indian market with talks lined up with relevant government agencies about the matter. Bithumb Set to Partner with Indian Bitcoin Exchanges According to The Economic Times of India, Bithumb wants to partner with local bitcoin exchanges in the country in setting up a regulated platform. дальше »
2019-10-3 10:59 | |
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South Korean Court Sets Compensation Precedent for Cryptocurrency Exchanges
A recent ruling by a court in South Korea could see cryptocurrency exchanges held responsible for compensating hack victims. The post South Korean Court Sets Compensation Precedent for Cryptocurrency Exchanges appeared first on Bitcoin Magazine. дальше »
2019-10-3 21:54 | |
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Upbit calls off order book partnership with Bittrex as it moves towards market re-organization
Today, South Korean exchange Upbit announced that it has broken its ‘partnership’ with Bittrex. The news came on the heels of Upbit’s previous announcement of reorganizing the Bitcoin [BTC], Ethereum [ETH], and Tether [USDT] markets on 25 September, reported Decenter. дальше »
2019-9-27 16:02 | |
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Zcash is completely compliant with FATF’s Travel Rule, claims ECC’s Jack Gavigan
Recently, popular South Korean exchange OKEx was in the news after it delisted all its privacy coins, including Monero [XMR], Zcash [ZEC], and DASH [DASH], along with several others. UpBit followed suit, delisting several privacy coins as well. дальше »
2019-9-25 14:30 | |
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Crypto exchange Bithumb Global opens up access to users in India
Crypto exchange Bithumb Global opens up access to users in India - CryptoNinjas Bithumb Global, the South Korean based exchange company’s leveraged crypto trading exchange, has announced its plans for accepting users from India. дальше »
2019-9-23 16:38 | |
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FATF-Driven Delistings Capture the Criminalization of Privacy
The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will delist and put warnings on several privacy coins […] The post FATF-Driven Delistings Capture the Criminalization of Privacy appeared first on Bitcoin News. дальше »
2019-9-17 11:30 | |
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OKEx Korea To Delist 5 Privacy Coins Due to FATF’s Travel Rule; DASH, SBTC, XMR, ZEC, and ZEN
Recently there has been so much pressure on the regulation of the private coins. Cryptocurrency exchanges have been receiving a lot of pressure to delist these coins and block users from accessing them. дальше »
2019-9-16 19:00 | |
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Monero, Zcash and DASH to be shown the door by OKEx Korea over FATF violation
Privacy coins are facing the axe by one of South Korea’s largest cryptocurrency exchanges. OKEx Korea, the Korean unit of the Malta-based exchange is set to delist five privacy coins from its coffers pointing to violation of the Finance Action Task Force’s [FATF] travel rule, according to a report by Bridge Kyungjae, a Korean news […] The post Monero, Zcash and DASH to be shown the door by OKEx Korea over FATF violation appeared first on AMBCrypto. дальше »
2019-9-16 10:17 | |
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US sanctions against 3 North Korean cyber groups accused of targeting financial institutions and crypto exchanges
The US shares a complicated relationship with North Korea and it is getting, even more, complex. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Friday, sanctions against three North Korean hacking groups accused of attacking important institutions, malicious cyber-attacks and stealing millions from cryptocurrency exchanges to financial institutions. дальше »
2019-9-14 13:00 | |
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Trump Admin Sanctions North Korean Hackers Behind Titanic Bitcoin Thefts
North Korea’s notorious state-sponsored hacker team Lazarus Group - the one responsible for stealing more than $500 million from Bitcoin exchanges around the world - has finally been sanctioned by the Trump administration. дальше »
2019-9-14 19:57 | |
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South Korean crypto-exchanges set to implement FATF guidelines to curb criminal use of cryptocurrencies
Cryptocurrency exchanges across South Korea have started implementing guidelines put forward by the Financial Action Task Force in June. The implementation of these recommendations are meant to help curb the use of digital currencies for criminal activities. дальше »
2019-9-5 19:30 | |
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South Korean Blockchain Industry in Danger of Decline
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. дальше »
2019-9-3 21:00 | |
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South Korea Regulator to Support Proposed Crypto Exchange Regulation
The chairperson of the South Korean Financial Services Commission (FSC) has stated that he is in favour of a proposed reporting system for crypto exchanges operating in the nation. The regulations may serve to make digital currency trading platforms more transparent, as well as helping to protect against money laundering and other financial crimes. дальше »
2019-8-28 23:00 | |
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South Korean Crypto Projects are Listing on Foreign Exchanges for Wider Reach
Blockchain projects in South Korea are increasingly moving away from domestic token issuances in search of deeper markets for their cryptocurrencies. As per a report from Business Korea, August 19, 2019, the number of projects choosing to list overseas are increasing as global exchanges and launchpads open themselves up with Korean Won money markets. дальше »
2019-8-20 15:00 | |
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Over 200 Cryptocurrency Exchanges in South Korea at Risk of Bankruptcy
South Korean cryptocurrency investors are facing a huge challenge as 97% of the exchanges in the country face bankruptcy. The exchanges claim low transaction volume and inability to open real-name virtual accounts as major causes for the challenge. дальше »
2019-8-20 22:10 | |
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Blockchain CEOs Fed Up With South Korean Regulation Approach: Report
South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects Look Abroad Referencing a range of industry experts on August 18, local news outlet Business Korea noted the increasing tendency for Blockchain projects born in South Korea to seek out easier funding overseas. дальше »
2019-8-20 18:00 | |
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Bitcoin’s ‘Kimchi Premium’ Vanishes Again as Trading Range Tightens
The spread between the price of bitcoin on South Korean and U.S.-based crypto exchanges has disappeared after hitting 2019 highs. дальше »
2019-8-14 22:00 | |
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Multiple North Korean Cryptocurrency Hacks Under UN Investigation
The United Nations has launched an investigation into North Korean cyber-attacks which targeted cryptocurrency exchanges in the neighboring South. India has also been a victim in the digital crime spree which targeted 17 countries in total. дальше »
2019-8-13 15:30 | |
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UN Investigating 35 North Korean Military-Funding Cyberattacks
A more detailed U.N. report says North Korea is attacking banks via the SWIFT network, hacking crypto exchanges and cryptojacking. дальше »
2019-8-14 12:15 | |
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Bitcoin Exchanges in South Korea to come Under Direct FSC Regulatory Purview
Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses. дальше »
2019-8-8 09:00 | |
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South Korean Watchdog Plans Direct Supervision of Crypto Exchanges
A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards. дальше »
2019-8-7 12:01 | |
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North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN
UN: crypto hacks make big cash for North Korean gov’t
дальше »2019-8-6 10:25 | |
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Bitcoin and Ether Trade at Large Premium on South Korean Crypto Exchanges
The number one and two crypto assets by market capitalisation are currently trading at a large premium across South Korean exchanges. Bitcoin is selling close to $800 more than the rest of the world and Ether at around $20 higher. дальше »
2019-6-29 00:00 | |
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Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin's Run?
According to Business Korea, hundreds of minor crypto exchanges in South Korea could run smack into heightened scrutiny for failing to abide by proposed enhanced know-your-customer (KYC) regulations, which would require exchanges to only provide services to users with "real-name accounts" issued by local financial institutions. дальше »
2019-6-25 22:54 | |
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South Korean Crypto Exchanges Have A 'Beehive Account' Problem
Smaller crypto exchanges in South Korea are offering some customers "beehive accounts," which manage traders' money via the exchanges’ own corporate bank accounts, masking users' identities. дальше »
2019-6-22 23:44 | |
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Korean Crypto Exchanges To Accept More Liability For Hacks
Five major cryptocurrency exchanges in South Korea have formally changed their terms of service to become more liable for hacks that may affect users, even if the exchange platform was not "willfully or grossly negligent." дальше »
2019-6-18 23:43 | |
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Korean Crypto Exchanges Revise Terms of Service in Boost for Investors
By CCN Markets: According to The Korea Herald, Bithumb and four other major crypto exchanges in South Korea have formally changed their terms of service to become liable for potential hacking attacks that may affect users. дальше »
2019-6-18 21:30 | |
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Ripple welcomes one of the ‘Big Four’ South Korean exchanges, Coinone to Ripple Net
Coinone, hailed in Asia as one of the continent’s “Big Four” cryptocurrency exchanges, is set to join the Ripple family. Announced on June 17, the exchange performs cross-banking services, while implementing Ripple’s xCurrent solution in its operations. дальше »
2019-6-17 19:00 | |
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South Korean Crypto Exchanges Update Terms of Service
Exciting times for South Korean bitcoin and altcoin investors as five local exchanges including Bithumb have revised their terms of service to make it possible for traders to get duly compensated should there be an unforeseen circumstance that leads to loss of funds, even if the security breach is not as a result of negligenceRead MoreRead More. дальше »
2019-6-17 17:00 | |
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New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. дальше »
2019-6-17 13:00 | |
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Korean Crypto Exchanges Update Terms to Accept Liability for Hacks
Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues. дальше »
2019-6-17 11:25 | |
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5 South Korean Crypto Exchanges Take On New Responsibility for User Losses
Five cryptocurrency exchanges in South Korea, including Bithumb, have increased their liability to users in line with demands from regulators
дальше »2019-6-17 10:36 | |
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North Korean Hackers Attack Upbit Users in South Korea
North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit. News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information. дальше »
2019-6-1 00:54 | |
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Korean Regulators Vow to Keep Exchanges in Check Amid Bitcoin Spring
While the surge in bitcoin and altcoin prices has ushered in another wave of excitement into the cryptospace, South Korean authorities remain focused on managing local expectations surrounding the industry. дальше »
2019-5-29 15:00 | |
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South Korean Bitcoin Exchanges Post Highest Fiat Influx
An average bitcoin investor in South Korea has dumped more fiat money than the one in other countries, reveals CryptoCompare. The London-based data analytics firm found that cryptocurrency exchange BitHumb has received over $16 billion worth of fiat money in April 2019. дальше »
2019-5-20 18:06 | |
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South Korean Crypto Exchange Bithumb Opens Perpetual Futures Trading And 100x Leverage
Bithumb, one of the largest and most popular cryptocurrency exchanges in South Korea, announced that it has launched a global exchange service that offers perpetual futures trading with 100x leverage. дальше »
2019-5-14 19:53 | |
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Bitcoin Nation: 22 Million US Crypto Traders Dwarf Global Rivals
By CCN: The overwhelming majority of crypto traders come from the United States, according to surprising new research from DataLight. The firm analyzed traders using the top 100 Bitcoin exchanges and found that over 22 million users hail from America. дальше »
2019-5-6 03:00 | |
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. дальше »
2019-4-25 17:04 | |
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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges
Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »
2019-4-24 22:55 | |
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Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98. дальше »
2019-4-23 18:00 | |
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5th Biggest Korean Bitcoin Exchange Closes Shop
Coinnest, one of the largest Bitcoin exchanges in South Korea has announced that it will be shutting down following a litany of administrative, financial and legal issues. 5th Largest South Korean Bitcoin Exchange Closes Shop In a statement published on the company’s website on Thursday (April 18, 2019), the platform announced its decision to shut up shop. дальше »
2019-4-20 13:00 | |
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Top Bitcoin Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Crypto Funds
Top Crypto Exchanges Come Together In An Effort To Retrieve BitHumb’s Stolen Funds As many of our regular readers may recall, late last month, leading South Korean crypto exchange Bithumb fell victim to a hacking scandal which saw the company lose a little over USD $18 million worth of assets. However, as soon as this […] дальше »
2019-4-19 20:14 | |
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Mueller Report: Russia Used Bitcoin to Fund DNC Hacks
An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims. дальше »
2019-4-19 23:21 | |
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