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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 […] дальше »
2019-1-4 20:20 | |
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Report: 70 to 80 Percent of South Korean Miners Shut Down in 2018
Chinese state television has sought to document the toll taken on South Korean cryptocurrency companies by 2018’s bear market, with Financial Channel (CCTV-2) producing a report detailing the challenges faced by Korean miners. дальше »
2019-1-4 07:15 | |
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South Korea: Authorities Nab Nine People for Dealing Drugs Using DarkCoin Cryptocurrency
According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies. Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even set up their website to facilitate the trade of drugs. дальше »
2018-12-26 20:00 | |
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Upbit Denies Cryptocurrency Wash Trading Accusations
South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times. дальше »
2018-12-22 11:03 | |
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Bithumb Accused of Inflating Reported Trading Volume
An investigation conducted by Crypto Exchange Ranks (CER) has alleged that Bithumb, the largest Korean digital currency exchange by volume, has drastically inflated its reported trade volume during the second half of 2018. дальше »
2018-12-21 03:00 | |
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South Korea’s Second Largest City to Develop Blockchain-Enabled Virtual Power Plant
The South Korean government will be spending four billion Korean won (KRW) ($3. 500. 000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. дальше »
2018-12-12 00:00 | |
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New Blockchain-Built Virtual Power Plant (VPP) In Busan, South Korea Gets $3.5 Million USD From Govt.
Four Billion KRW Allotted To Create New Blockchain-Based Virtual Power Plant In South Korea In a new report by Yonhap News Agency, the South Korean government appear to be making changes within the city of Busan. дальше »
2018-12-10 22:48 | |
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Report: South Korea to Push for Major Adoption of Cryptocurrencies
South Korea will push for major cryptocurrency adoption, claims a new report, strengthening the spotlight on the tech hub which forms one of the most crypto-friendly countries in the world. Also read: Korean Incoming Minister Confirms Crypto Taxation Plans South Korea’s Enthusiasm for Tech As one of the most innovative countries in the world, it’s no […] The post Report: South Korea to Push for Major Adoption of Cryptocurrencies appeared first on Bitcoin News. дальше »
2018-12-9 01:35 | |
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CryptoCompare Releases November Exchange Review; Bithumb Overtakes Binance on 24h Volume
CryptoCompare recently released its monthly exchange review for November 2018, aggregating data from over 70 trading venues. The report suggests that futures volumes are still lingering at one-fourth of the market as the rest is controlled by spot trading. дальше »
2018-12-7 16:35 | |
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Korean network makes first consumer 5G video call using a Samsung phone
It seems like the age of commercial 5G is almost here, at least for the people living in South Korea. According to a report in The Korea Herald, Korean network provider SK Telecom made first world’s first commercial 5G video call. дальше »
2018-12-3 14:32 | |
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Financial Information Unit (FIU) Report: Banks More Vulnerable To Terrorist Financing Than Bitcoin
It seems that banks are more vulnerable to money laundering and terrorist financing risks than virtual currencies. The information was reported by Business Korea citing a report released by the Financial Information Unit (FIU). дальше »
2018-12-2 01:45 | |
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Samsung’s Galaxy S10 will reportedly get a huge 6.7-inch screen and 6 cameras
Just as Apple introduced a radically new design for the 10th anniversary of the iPhone, Samsung is reportedly looking to make a splash with its 10th Galaxy S flagship phone. According to the Wall Street Journal, a variant of the upcoming Galaxy S10, internally known as “Beyond X”, will have a massive 6. дальше »
2018-11-21 08:23 | |
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Encrybit ICO
- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders. дальше »
2018-11-14 19:41 | |
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South Korean cryptocurrency startup reportedly pulls a $2.7M exit scam
2018 will certainly go down as the year of the exit scam as yet another initial coin offering (ICO) has disappeared out of thin air – along with millions worth of investors’ cryptocurrency. Blockchain company Pure Bit has seemingly walked off with $2. дальше »
2018-11-9 18:17 | |
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South Korean Intelligence Claims North Korea Still Hacking Computers to Mine Crypto
South Korean intelligence services report that North Korea is continuing to hack computers worldwide to mine cryptocurrency. Additional reports from the state intelligence agency reveal that the North Koreans are still actively stealing confidential information from its neighbors to the south. дальше »
2018-11-2 20:45 | |
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South Korea Points to North Korea as Cryptojacking Culprit
South Korean intelligence officials are pointing toward North Korea as being the responsible party behind a string of cryptojacking cases across the country. North Korea Continues to Mine for Crypto on South Korean Computers According to a new intelligence gathering report, prompted by an upcoming visit to North Korea’s nuclear test site by international inspectors,. дальше »
2018-11-1 04:00 | |
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Binance CEO Asks Followers to Help Nab a Fraudster
Binance chief executive Changpeng Zhao has appealed to his followers on Twitter to report an impostor pretending to be the CEO of the Korean arm of the crypto exchange. Zhao, however, didn’t clarify if Binance is contemplating any legal action against the alleged perpetrator. дальше »
2018-10-27 16:00 | |
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Report: North Korean Elite Behind Scams Targeting Crypto Investors
Members of the ruling elite in North Korea are suspected of launching two scams aimed at exploiting gullible crypto investors still attempting to get in early on a potential moon shoot. The totalitarian state is thought to be using such schemes to stay afloat in the face of international sanctions. дальше »
2018-10-27 00:00 | |
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A Maritime Crypto Startup Turns Out To Be A Fundraising Platform For The North Korean Government
It was touted as a blockchain-powered maritime investment project, but it has turned out to be yet another ingenious method of raising funds by the North Korean government. Known as Marine Chain, the startup claimed it would tokenize maritime vessels for their owners, but it has done anything but. дальше »
2018-10-27 22:56 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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Report: North Korea’s Lazarus Hackers Have Stolen $571M In Crypto
North Korean Lazarus Hacking Group Thrashes Crypto Exchanges You may not have heard of them, but reports claim that the North Korea-based Lazarus hacker consortium is responsible for some of the crypto industry’s most-damaging hacks in the past 12 months. дальше »
2018-10-19 22:26 | |
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North Korean hacker crew steals $571M in cryptocurrency across 5 attacks
North Korean hacking outfit “Lazarus” is the most profitable cryptocurrency-hacker syndicate in the world. Since 2017, internet baddies have in total stolen $882 million worth of cryptocurrency from online exchanges, but none have done it quite as well as the infamous North Koreans. дальше »
2018-10-19 13:53 | |
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South Korean Company Awarded FinTech Security Patent
KB Financial Group, a South Korean based financial holding company, has just been awarded a patent for its application security technology, according to a report in South Korean media outlet The Digital Times. дальше »
2018-10-16 13:00 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. дальше »
2018-10-8 21:05 | |
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Binance, Huobi, OKEx, and Dunamu Come Together for $32 Million Stablecoin Project
Binance, Huobi, OKEx and Dunamu (the company behind Korean crypto exchange Upbit) have announced plans to partner on a $32 million stablecoin project called ‘Terra.’ According to an August 28, 2018 report in Fortune, the purpose of Terra is to get skeptical consumers into the crypto space by offering them a digital asset that does not suffer from the legendary...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-8-30 21:00 | |
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North Korea Moving to Crypto Exchanges and Mining
While South Korea is fast becoming a formidable force to reckon with in the global cryptospace, it’s North Korean brother has been more interested in using its distributed ledger technology expertise to wreak havoc on the world. дальше »
2018-8-29 09:00 | |
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South Korea’s KDB Bank Report Highlights North Korea’s Crypto Mining Activity
Korean Development Bank Report Shows North Korea’s Intent To Enter Crypto Industry Korea Development Bank has issued a recent report that shows local media sources confirming that North Korea has been mining for cryptocurrency. дальше »
2018-8-28 20:00 | |
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North Korea’s DPRK to Host Cryptocurrency Conference In October 2018
According to a recent report, North Korea is preparing to hold a conference dedicated to blockchain technologies and cryptocurrencies. The event which is scheduled to take place in October 2018 is assumed to attract experts from around the world who will meet delegates of North Korean enterprises. The conference will be a two-day event in […] дальше »
2018-8-26 20:10 | |
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Report: North Korea to Hold a Crypto Conference
North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event, said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises. дальше »
2018-8-26 01:35 | |
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North Korean Hackers Set Sights on Crypto Traders Using Trojanized Trading Software
A new report from Kaspersky Labs reveals that North Korean hackers are now using their ‘Lazarus’ trojan to hack cryptocurrency traders and exchanges. Typically used for conducting political interference, “Lazarus has been a major threat actor in the APT arena for several years,” Securelist reports. дальше »
2018-8-25 23:11 | |
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South Korean Authorities Raids Crypto Firm in Alleged Crypto Scam
A Local firm in South Korea, Shinil, was raided in the early hours of yesterday by authorities of the country due to an alleged crypto scam that saw the company promise investors the remains of a wrecked Russian ship, Dmitrii Donskoi, during the Russo-Japanese war in 1905. дальше »
2018-8-9 02:40 | |
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South Korea’s Biggest Exchange UPbit 100% Solvent, New Report Finds
A new report from a Korean accounting firm has found the South Korean crypto exchange giant to be 100% solvent in light of recent worries about misconduct. A May raid on the company’s headquarters worried investors, who are now letting out sighs of relief as audits reinforce the company’s integrity. дальше »
2018-8-6 11:00 | |
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Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves
South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. дальше »
2018-8-5 22:50 | |
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Binance’s South Korea Expansion Plan: Exchange Doesn’t Deny but Plays Down Hype
Crypto traders in South Korea could soon have direct access to Binance’s trading platform. According to a speculative report circulating in the Korean media, the largest cryptocurrency exchange in the world (by trading volume) is preparing to tap in on South Korea’s booming digital asset market by setting up a regional office in the country. дальше »
2018-7-26 17:28 | |
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Binance Plans to Expand Into South Korea
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea. Per the report, Binance CEO Changpeng Zhao hinted at his company's expansion plans while speaking at the Blockchain Partners Summit in Seoul last weekend. дальше »
2018-7-25 00:26 | |
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Korea’s (KISA) and (HF) to Build Blockchain Document Storage System
The Korea Housing Finance Corporation (HF) together with the Korea Internet and Security Agency (KISA), have just signed an MOU that will aid in the development of a blockchain technology based storage system for various documents, this is according to a report by a Korean news agency on 16th July. The partnership of HF and […] дальше »
2018-7-17 21:31 | |
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Self-Regulating South Korean Exchanges Receive a Favorable Audit
South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges […] дальше »
2018-7-13 00:00 | |
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South Korean MLAs work for Fast Track Cryptocarvoicity and Blackhorn Regulations
A report published on Wednesday, July 11, by The Korea Times suggests that South Korean legislators are all set to submit the draft bills to regulate the country’s cryptocurrency, blockchain and ICO markets. дальше »
2018-7-12 11:04 | |
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New Crypto Laws Proposed by Korean Political Parties
South Korea’s National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days. Between July 13 and 26, members of a number of Korean political parties are expected to submit bills focused on regulating cryptocurrencies, initial coin offerings and blockchain, according to a report from The Korea Times. While дальше »
2018-7-12 23:33 | |
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COO of Beyond Blocks on Korea Blockchain Week: “Korean Projects Are the Ones That Make People Go Nuts”
Korea Blockchain Week is setting up perfectly for organizers and attendees with excitement levels increasing on a stream of pro-blockchain news coming from the country recently. The most recent news report states that the Korean Government is working on a classification system which could legitimize the blockchain industry. дальше »
2018-7-10 16:34 | |
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