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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


Seoul Mayor Confirms to Attend CHAIN PLUS+ Blockchain Summit

CHAIN PLUS+ 2019 blockchain summit: January 23th-24th, 2019. As one of the world’s most popular blockchain and cryptocurrency investment market, South Korea has a high level of enthusiasm for crypto investment, large companies are actively deploying blockchain tracks, and even the Korean government continues to release good news——policy as one of the most important factors in the development of the […] дальше »

2018-12-19 13:27


In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress

A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive. As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a. дальше »

2018-12-11 03:00


South Korea’s FSS Watchdog Warns 2 Banks for Lack of Crypto Trading AML Regulation Management

As South Korea has come in to the cryptocurrency market, they have been fairly strict about the regulations that exchanges and investors must adhere to. However, as the Financial Supervisory Service (FSS) has reviewed the local financial institutions, they have found that two major domestic banks are not doing their part in anti-money laundering (AML) […] дальше »

2018-12-5 03:28


Crypto Demand in South Korea Surges as Bithumb Records 15 Percent of Total Volume

Over the last 48 hours, the daily trading volume of crypto exchanges in South Korea has surged substantially by a range of 10 to 15 percent. Bithumb, the largest cryptocurrency trading platform in the local market by trading volume, has seen a spike in daily trading volume of the Bitcoin-to-South Korean won pair, which has […] The post Crypto Demand in South Korea Surges as Bithumb Records 15 Percent of Total Volume appeared first on CryptoSlate. дальше »

2018-11-5 13:10


China’s crypto exchange BTCC will launch trading services in South Korea next month

BTCC, China’s first Bitcoin (BTC) exchange, is set to launch trading services in South Korea, Korean business outlet The Investor reported on October 16. BTCC, which presently has headquarters in Hong Kong, will reportedly start beta services for trading in South Korea later this month and make its official debut in the market in November. […] дальше »

2018-10-22 12:05


Economist “Dr Doom” Compares Crypto Centralization to North Korea’s Kim Jong-un

Dr Doom: Crypto Is More Centralized Than North Korea Nouriel Roubini, better known as the Dr. Doom, has made some striking affirmation about the crypto market. Roubini, which is a New York University professor known for prediction the 2008 Financial Crisis, has repeatedly criticized people that affirm that the crypto market is decentralized. Today, he […] дальше »

2018-10-8 21:44


Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe

For many years, the crypto exchange market of Europe has lagged behind the US, Japan, and South Korea in terms of infrastructure, regulation, security, and liquidity. According to FT, two sources close to Gemini have stated that the major US-based crypto exchange has hired advisers to consult the company in the process of expanding into. дальше »

2018-9-24 11:06


Bitcoin.com CEO Roger Ver Compares Bitocin’s Intrinsic Value To Gold: “There Is None”

CEO of Bitcoin.com, Roger Ver spoke about the growth and adoption of Bitcoin Cash [BCH] in South Korea, during an interview with South Korea’s SBS CNBC this Tuesday. He discussed the global concerns surrounding the cryptocurrency market as evidenced by the recent statement made by Jerome Powell, the Federal Reserve Board Chairman. Roger stated that […] дальше »

2018-9-21 11:47


Crypto Market in Singapore Experiences Boost as Korea’s Upbit steps in

The largest cryptocurrency exchange in South Korea Upbit has decided to extend its coverage to Singapore and start operation by October 2018. Although a conducive environment for the cryptocurrency market, other crypto-friendly nations like Malta, South Korea, Japan and Switzerland are far ahead of Singapore in terms of crypto market growth. дальше »

2018-9-20 20:52


3rd Gen Decentralized Crypto Skycoin Eyes South Korean Market

Decentralized cryptocurrency Skycoin is setting its sights on the emerging market in South Korea for an expansion of influence for its next-generation blockchain project. Disclosure: This is a Sponsored Article Having developed Skycoin as a high-performing blockchain-based ecosystem, the team’s ultimate goal is to replace the current slew of blockchains and their inefficiencies with a […] дальше »

2018-8-30 16:30


UPbit Exchange Clears $100 Million in Q3 Despite Crypto Bear Market Conditions

Korean Crypto Exchange UPbit Profits in Bear Market UPbit, a South Korean crypto exchange, profited in a bear market by $100 million. The Repository of Korea’s Corporate Filings (DART) released data indicating that in addition to UPbit’s profits, Bithumb, the country’s second-largest trading platform, also made a profit of $35 Million. The third quarter has […] дальше »

2018-8-24 21:28