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Coinnest Executives Indicted for Accepting Bribe for Coin Listing
The Seoul Southern District Public Prosecutors’ Office has reportedly indicted two executives of South Korean crypto exchange Coinnest for accepting a bribe in exchange for listing a cryptocurrency. дальше »
2018-9-24 19:10 | |
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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin
Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP). дальше »
2018-9-19 00:42 | |
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South Korean Telecoms Giants Set to Offer Blockchain-Based Mobile Payments Solution
South Korean mobile carrier and global electronics giant LG Uplus has joined forces with Far EasTone Telecommunications, SoftBank, and TBCASoft, to develop a cross-carrier blockchain payments solution to enable local mobile phone subscribers from different networks to make quick payments with their phones when they travel abroad, reported The Korea Times on September 16, 2018. дальше »
2018-9-19 18:30 | |
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Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets
The Bank of Korea has warned that significant price differences between South Korean exchanges and those abroad, or the “Kimchi Premium,” may emerge in the coming years. Kimchi May Strike Back According to local outlet No Cut News, South Korea’s central bank cautioned officials of another “Kimchi Premium”-like situation if regulations and crypto trading frameworks […] The post Bank of Korea: Infamous ‘Kimchi Premium’ May Reappear in Bitcoin Markets appeared first on CryptoSlate. дальше »
2018-9-12 07:00 | |
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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. дальше »
2018-9-12 23:42 | |
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Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local […] The post Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification appeared first on Bitcoin News. дальше »
2018-9-11 10:35 | |
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Crypto-Friendly Belarus Seeking South Korean Investment for DLT, A.I. and Blockchain Startups
Eastern European nation, Belarus has made it clear its doors are open to international investors from South Korea and various regions to invest in its vibrant blockchain technology, artificial intelligence, and other ‘fourth industrial revolution’ technologies industry, as first reported by Korea JoongAng Daily on September 6, 2018. дальше »
2018-9-11 23:00 | |
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Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. дальше »
2018-9-7 03:10 | |
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South Korea Begins Training Citizens to Lead its Distributed Ledger Technology (DLT) Ecosystem
South Korean authorities are collaborating with the Walton Blockchain Research Institute to make 42 people proficient in Blockchain technology and get immediate employment in the country, as first reported by local news source Kinews on August 3, 2018. дальше »
2018-9-5 15:00 | |
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Gyeongbuk Coin: South Korean Province Plans For Own Cryptocurrency and Blockchain ID System
South Korean Province to Introduce Cryptocurrencies and Blockchain-Based IDs for Employees According to local dailies in South Korea, the eastern province of Gyeongsangbuk-do is in line to issue its own cryptocurrency, open an exchange and push for adoption as payment system within the province. дальше »
2018-8-31 22:19 | |
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Bitcoin Scam: Fraudsters Buy 26 BTC Using Counterfeit Euro Bills in the Netherlands
In the Netherlands, an individual has fallen victim to another Bitcoin scam using counterfeit currency notes. This case comes less than a fortnight after another similar high-profile occurred in South Korea involving a group of Serbian fraudsters and a South Korean businessman. дальше »
2018-9-1 21:32 | |
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Korean Province to Replace Local Currencies With Crypto
An eastern South Korean province plans to issue its own cryptocurrency to replace the local currencies of its nine cities, according to local media. An exchange will be established for the new crypto. дальше »
2018-8-31 04:50 | |
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South Korea: Trading Volume Soars as Bithumb Reopens to New Customers
Major South Korean cryptocurrency exchange Bithumb has announced it will resume accepting new user accounts after resolving a dispute with its banking partner. Month-Long Impasse Ends As local news media outlet Yonhap reports August 29, Bithumb has come to an agreement with Nonghyup Bank, which in July stopped serving it, reportedly due to the exchange’s recent hack in which it lost over $30 million. дальше »
2018-8-29 16:00 | |
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Blockchain Promotion Week Hackaton in South Korea Seeks to Raise Public Awareness
South Korea To Host Hackathon To Discover Blockchain Uses In Society South Korea has recently taken a deeper dive at blockchain technology, as an announcement regarding a hackathon was revealed on Monday, August 27 via local news outlet, Money Today. дальше »
2018-8-28 20:52 | |
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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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Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
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North Korea to Host Its First Blockchain Conference
Blockchain industry experts are expected to attend North Korea’s first international blockchain conference in Pyongyang and even engage in dialogue with local business officials, according to unofficial sources. дальше »
2018-8-28 01:00 | |
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Philippines, South Korea and Thailand All Planning to Ease Crypto Regulations, Creating ‘Crypto Valleys’
Local news outlet Nikkei Asian Review reports that several Asian countries have launched simultaneous efforts to ease government regulations to attract new financial technology (fintech) companies. дальше »
2018-8-28 18:25 | |
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China Bans Crypto Events in Beijing, Blocks 124 Trading Platforms
Despite a nationwide crackdown on cryptocurrencies already in place, the Chinese government went one step further and passed a decree forbidding all crypto-related events in Beijing’s financial district. дальше »
2018-8-24 00:00 | |
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China Escalates Cryptocurrency Ban Blocking 124 Offshore Exchanges
China will shortly block access to over one hundred international cryptocurrency exchanges and other platforms as the government’s crackdown escalates, local news media report August 23. Beijing On Crypto: We’ll Continue To Ban Everything According to the South China Morning Post quoting Chinese language resource Shanghai Securities News, lawmakers will shut down availability of 124 “websites operated by offshore cryptocurrency exchanges that provide trading services to citizens on the mainland. дальше »
2018-8-23 19:00 | |
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Chinese Government Cracks Down On Crypto-Related WeChat Accounts
WeChat Users Bid Farewell To Crypto News Outlets While China has been a ‘crypto hub’ for the better part of a decade, a recent set of announcements seems to show that the local government has changed its stance to be aversive to any operations related to crypto. дальше »
2018-8-23 07:37 | |
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BitConnect's Alleged Ringleader Arrested in India: Local Reports
Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID). дальше »
2018-8-20 19:54 | |
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Three Chinese Men In Custody Over $87M Cryptocurrency Theft
Police in China has detained three men suspected of pulling the country’s biggest ever cryptocurrency heist — worth 600 million yuan ($87 million). Theft is China’s Biggest: Reports As multiple outlets report quoting local news publication Huashang News on August 19, authorities concluded an investigation spanning almost six months into three men who allegedly hacked a computer for Bitcoin and Ether. дальше »
2018-8-20 12:00 | |
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South Korea Invests $4.4 Billion in Blockchain Technology
Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology. дальше »
2018-8-18 10:00 | |
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Exchanges Protest as Korea Removes Crypto Businesses from Tax Reduction Bill
Local crypto exchanges and blockchain-related non-profit associations have started to formally protest against the government of South Korea for its controversial decision to remove cryptocurrency businesses from its tax reduction bill. дальше »
2018-8-14 04:00 | |
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Bitcoin at a Premium in Brazil, Why?
Bitcoin is slightly down again today to $6,400, but a number of hot-spots are apparently developing across the world as told by local premiums. We recently wrote about South Africa... The post Bitcoin at a Premium in Brazil, Why? appeared first on Trustnodes. дальше »
2018-8-10 18:42 | |
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Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT
In recent news pertaining to cryptocurrency exchanges, it has been reported that Goldman Sachs is considering exploring custody and other services pertaining to cryptocurrencies; a South African exchange has introduced Tether pairings in the hopes of driving down the local premium on crypto prices through offering arbitrage opportunities to foreign traders; and Blockex has announced […] The post Exchanges Round-Up: Goldman Considers Crypto Custody, SA Exchange Launches USDT appeared first on Bitcoin News. дальше »
2018-8-9 08:25 | |
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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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Korea’s Macrogen Joins Forces with Bigster to Create Blockchain-based Medical Data Platform
South Korea biotechnology company Macrogen, stated in their press release on Monday, August 6, 2018, that they will join forces with Bigstor, a local data company to create a blockchain-based medical genome data distribution platform. дальше »
2018-8-8 16:00 | |
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‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help
South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii Donskoi. дальше »
2018-8-6 16:25 | |
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South Korean Shipwreck Probed for Potential ICO Scam
A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported by local outlet Korea Joongang Daily on August 1, 2018, Seoul-based Shinil Group is facing the heat as a critical figure in the scam. дальше »
2018-8-2 22:00 | |
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South Korea: “Kimchi Premium” Causes Digital Assets to Trade at 600 Percent Premium
Throughout this week, many tokens including 0x (ZRX), Ethos (BQX), ICON (ICX), and Aeternity (AE) have been traded in South Korea with 300 to 600 percent premium rates. As of August 1, 2018, Ethos on Bithumb, a major crypto exchange in the local market of South Korea, is being traded at $5. дальше »
2018-8-2 11:00 | |
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South Korea is Pioneering Cryptocurrency Research Centers For Mass Adoption
South Korean Crypto Research Centers Means Mass Adoption? Business Korea, a local media source, reported that the country has started to launch cryptocurrency research centers. The purpose of such centers is to provide potential investors with the information and knowledge necessary to make smart investments and to promote the mass use of cryptocurrency as well. […] дальше »
2018-7-31 11:19 | |
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Are Cryptocurrency Research Centers in South Korea the Next Step Towards Mass Adoption?
Industry-specific research centers have begun opening in South Korea, aiming to provide comprehensive analyses of the cryptocurrency market conditions in the country and abroad. Adoption Through Clarity And Protection Local media Business Korea reports that specialized cryptocurrency research centers have started to launch in South Korea. дальше »
2018-7-31 02:00 | |
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Some Cryptos Trading 500% Higher on Bithumb, Market Manipulation Woes
Bithumb traders have recently experienced an abnormal surge in the price of some crypto, with tokens like Ethos trading six times over its average value only on the South Korean exchange. Many traders began to attribute these ludicrous prices to the Kimchi Premium, which local cryptocurrency traders have grown accustomed to over the most recent months. дальше »
2018-7-30 08:04 | |
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Korean Regulators Call for Urgent Passing of Crypto Laws
Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. The Bloomberg article states that local exchanges are “rife with security flaws and money-laundering risks”. дальше »
2018-7-27 12:25 | |
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Korean Regulators Call for Urgent Passing of Crypto Laws
Reports from Bloomberg today have revealed that Korea’s financial regulators are urging lawmakers to quickly pass cryptocurrency legislation to protect investors from under-securitized exchanges. дальше »
2018-7-27 23:28 | |
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Binance Prepares to Enter the South Korean Market
Binance is preparing to expand into South Korea, having already hired Koreans for some local positions. CEO Changpeng Zhao has stressed the importance of the Korean market, noting that some Koreans are already using Binance, especially to trade newer coins. дальше »
2018-7-26 10:15 | |
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Korean Authorities to Legitimize Crypto Market as Soon as Possible to Prevent Hacks
The government of South Korea and local financial authorities are planning to pass the country’s first crypto and blockchain legislation as early as possible, to legitimize and strictly oversee the local cryptocurrency industry. дальше »
2018-7-26 09:30 | |
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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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Unconfirmed: Binance to enter South Korean Market – A new dawn set to rise?
While the whole market is rejoicing the cryptocurrency bull run, Binance, one of the biggest cryptocurrency exchange platform is all set to enter the South Korean market. The news is reported by a local news portal, Korea Business but has not been confirmed by Binance. дальше »
2018-7-25 22:50 | |
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Binance Crypto Exchange Rumors Surface of South Korean Expansion
Binance Plans To Enter South Korean Market Binance, one of the largest cryptocurrency exchange platforms, is ready to enter the South Korean market. The news is reported by a local news portal, Korea Business, but has not been confirmed by Binance. дальше »
2018-7-24 20:56 | |
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Binance Plans to Enter South Korea
Binance, the world’s largest cryptocurrency exchange by trading volume, is purportedly about to enter the South Korean market. Binance Expanding to South Korea The world’s most popular cryptocurrency exchange is supposedly planning to continue its expansion by entering the South Korean market, according to Business Korea. дальше »
2018-7-24 17:30 | |
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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon
In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »
2018-7-17 20:00 | |
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