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Ethereum’s North Korean nightmare: Vitalik Buterin pledges to help free Virgil Griffith
Ethereum’s co-founder Vitalik Buterin stepped forward to help free Virgil Griffith. The move comes after Griffith was arrested by the FBI for allegedly helping the North Korean regime to “use cryptocurrency and blockchain technology to evade sanctions. дальше »
2019-12-2 04:16 | |
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South Korean Web Giant Kakao Looking for Blockchain ‘Killer App’
The South Korean internet company Kakao is looking away from the financial application of blockchain technology to build a widely-used “killer app. ” The firm believes that the monetary use of the technology is still too fraught with regulatory issues to explore — for now. дальше »
2019-11-29 14:02 | |
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Upbit hackers move stolen Ethereum funds, claims report
Upbit, a prominent South Korean exchange, was hacked on 27 November, resulting in the exchange losing $51.7 million worth of Ethereum. This amount, reportedly, was moved on 28 November. According to TThe post Upbit hackers move stolen Ethereum funds, claims report appeared first on AMBCrypto. дальше »
2019-11-29 00:30 | |
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Bitcoin Bull Case Builds as Price Holds $7,500 Range; What’s Next?
On Wednesday morning, it seemed as though things were about to go south for the Bitcoin market yet again. For those who missed the memo, notable Korean cryptocurrency exchange Upbit revealed that it had been hacked for $50 million worth of Ethereum (ETH), sparking an immediate 2% sell-off that some described as a “black swan”. дальше »
2019-11-28 15:00 | |
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Dow Futures Plunge as North Korea Missiles Join Trump’s Problems
Dow Jones Industrial Average (DJIA) futures slide despite stock market close on Thanksgiving. A North Korean missile adds to Trump's trouble. The post Dow Futures Plunge as North Korea Missiles Join Trump’s Problems appeared first on CCN.com дальше »
2019-11-28 14:54 | |
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$50 Million ETH Hacked From South Korean Exchange
Some $50 million worth of eth has been hacked today from one of the biggest crypto exchange in South Korea, Upbit. They say: “At 1:06 PM on November 27, 2019,... The post $50 Million ETH Hacked From South Korean Exchange appeared first on Trustnodes. дальше »
2019-11-28 18:37 | |
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Bitcoin Makes an Impressive Recovery Following Dip Below $7,000
Bitcoin has once again fallen below $7,000 following reports of a hacking incident at the South Korean cryptocurrency exchange Upbit. Initially, the cryptocurrency market reacted harshly to the news with Litecoin and Ethereum falling to fresh multi-month trading lows. дальше »
2019-11-27 18:25 | |
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South Korea: Crypto Exchange UpBit Hacked; Reports $51 Million Ethereum (ETH) Withdrawal
Major South Korean cryptocurrency exchange, UpBit, announced that over 340,000 worth of Ethereum (ETH) was transferred to an anonymous wallet. While the exchange did not explicitly mention a hack attack nor specify how the withdrawal was done, the company pledged to cover up the missing funds. дальше »
2019-11-27 16:00 | |
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Binance Commits to Freezing Stolen Upbit Funds After $50M Hack
South Korean cryptocurrency exchange Upbit has reportedly been hacked for around $50M worth of Ethereum (ETH). Binance and other exchanges have stepped up to stop the assets from being sold off. It has been reported that Upbit, one of the leading South Korean exchanges, has suffered a serious hack. дальше »
2019-11-27 15:30 | |
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Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator
In the wake of a 342,000 ETH theft from South Korean crypto exchange Upbit, commentators deem an inside job to be more likely than a hack
дальше »2019-11-27 14:34 | |
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Upbit Reports ‘Irregular Withdrawal’ of $51 Million in Ethereum
Upbit, one of the ‘big four’ South Korean crypto exchanges has reported an irregular 342,000 Ethereum (ETH) withdrawal from its wallet. While details remain sketchy as to the nature of the withdrawal, the platform says it will cover the amount from its corporate funds. дальше »
2019-11-27 13:33 | |
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Korean Exchange Upbit Hacked for $50 Million
An official post from Upbit exchange revealed that 342,000 ETH (approximately $50 million) were drained from its hot wallet. A rogue transaction occurred on one of Upbit’s deposit addresses at 11 P. дальше »
2019-11-27 12:37 | |
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Crypto Exchange Upbit Confirms Theft of 342,000 Ether — $50M
South Korean crypto exchange UpBit has confirmed that 342,000 ETH was sent to an unknown wallet and customer losses will be compensated
дальше »2019-11-27 12:26 | |
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South Korean Committee Passes Bill Enforcing FATF Crypto Rules
South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task Force. дальше »
2019-11-27 09:20 | |
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South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies
The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country
дальше »2019-11-27 21:44 | |
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South Korea Wants to Focus on Blockchain Research and Development in 2021
China recently announced it would invest up to $2bn in blockchain technology. South Korean officials are planning to do the same, albeit with just 20% of the funds to allocate. It has been coming for some time now, but governments are officially paying attention to blockchain technology. дальше »
2019-11-23 06:00 | |
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China’s Digital Yuan Could Disrupt The Global Financial System According to Simulation
A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […] дальше »
2019-11-21 18:42 | |
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South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges
A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements. дальше »
2019-11-22 16:34 | |
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VNX Exchange offers first asset-backed token with Korean crypto company Streami
VNX Exchange, an asset-backed token issuance and trading platform, announced today the launch of its platform and the first offering of asset-backed tokens. The first digital asset offering of 3 million EUR is backed by proceeds from investment into convertible bonds issued by Streami Inc. дальше »
2019-11-21 21:03 | |
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Kakao’s Klaytn to implement TSS to spur mass blockchain adoption
Klaytn, the leading blockchain project led by South Korean Internet giant Kakao, is all set to introduce Threshold Signatures Scheme [TSS], in line with its end goal of mass adoption of blockchain tecThe post Kakao’s Klaytn to implement TSS to spur mass blockchain adoption appeared first on AMBCrypto. дальше »
2019-11-19 15:00 | |
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Samsung SDS, QEDIT To Enhance Privacy on Nexledger Blockchain By Adding Zero-Knowledge Proofs
Samsung SDS, the technology subsidiary of the South Korean giant is boosting privacy on Nexledger, its business-grade blockchain. On November 14th, the company announced that it partnered with QEDIT, a firm based in Israel, to keep track and authenticate the assets’ transfer on a shared ledger, without revealing and confidential information. The Objective is to […] дальше »
2019-11-14 19:59 | |
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Standard Tokenization Protocol’s First MTO Project ‘Precium (PCM)’ Listed on Bithumb Exchange
Coinspeaker Standard Tokenization Protocol’s First MTO Project ‘Precium (PCM)’ Listed on Bithumb ExchangeStandard Tokenization Protocol (STPT) recently announced the listing of their first Micro Token Offering (MTO) project ‘Precium’ on Bithumb, a major Korean cryptocurrency exchange. дальше »
2019-11-14 01:53 | |
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South Korean CoinUp’s President and Eight Other Execs Behind Bars for Swindling Investors
South Korean crypto exchange, CoinUp gets tainted, as many of its executives have officially been arrested following a year’s worth of investigation, reports BeInCrypto. To be more specific, President of CoinUp, Kang Seok-Jung gets a 16-year sentence followed by the firm’s Chief Financial Officers and Vice Presidents, all of whom have swindled investors of 400 […] дальше »
2019-11-13 18:59 | |
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South Korean Exchange CEO Sentenced to 16 Years in Prison
A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. дальше »
2019-11-13 15:20 | |
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South Korean Crypto Exchange CEO Jailed For 16 Years
Senior executives at a South Korean crypto exchange have been indicted in connection with a $386 million investment fraud. The news marks yet another drastic action taken by authorities in the country against cryptocurrency exchanges. дальше »
2019-11-13 21:00 | |
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Korean crypto exchange Bithumb launching Bithumb Coin (BT)
Bithumb Global, a Korean bitcoin and cryptocurrency exchange company, today officially announced its new native crypto-token, Bithumb Coin (BT). It will help power the company’s forthcoming Bithumb Chain. дальше »
2019-11-13 19:59 | |
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Fraudulent Coinup Cryptocurrency Exchange Officials Jailed in South Korea
Several executives from the South Korean cryptocurrency exchange CoinUp, including its president, were arrested on charges of fraud that amount to nearly $400 million. Local media outlets report that nine of the company’s executives were arrested on Nov 11 after an extensive investigation that began in 2018. дальше »
2019-11-13 19:28 | |
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New Wirex Visa Travelcard To Reward Users With 1.5% in Bitcoins on All In-Store Purchases
Crypto and fiat multi-currency accounts provider, Wirex has officially launched its travel Visa card as of Monday, November 11, 2019. Considering the fact that the firm focuses on establishing connections around the world with its services, the new travelcard will first be made present in the Asia-Pacific region, namely, Singapore, Taiwan, Hong Kong, South Korean, […] дальше »
2019-11-12 01:17 | |
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Bithumb Seeking Indian Partner for its Blockchain Platform
Prominent Korean crypto exchange, Bithumb, has plans to create a new blockchain platform, and it is currently searching for Indian partners to collaborate with. Bithumb is coming to India. According to the major cryptocurrency trading platform’s recent announcement, Bithumb plans to develop a new blockchain platform specially designed for India and its growing number of crypto users. дальше »
2019-11-7 14:30 | |
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Bithumb Chain is Releasing a New ‘Exchange-as-a-Service’ to Allow Users to Create DeFi Apps
Bithumb, a prominent South Korean crypto exchange, has recently announced its new “exchange-as-a-service” platform, which is powered by the company’s own blockchain tech, Bithumb Chain. The product was announced this week and the idea is to allow the users to create their own decentralized finance applications using it. Right now, the platform is still being […] дальше »
2019-11-7 23:16 | |
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Bithumb Chain: Not Just Another Exchange Blockchain?
Bithumb Global has confirmed it is developing its own blockchain. The Korean cryptocurrency exchange announced today that the Bithumb Chain will “aspire to connect many moving pieces in a finance ecosystem” using a decentralized open protocol. дальше »
2019-11-7 17:35 | |
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Samsung Unveils new Blockchain kit for Decentralized Application Developers
Samsung Electronics has announced the launch of its much-anticipated blockchain software development kit (SDK), aimed at making it easier for developers of decentralized applications (dApps) to create blockchain solutions for its Galaxy smartphones, according to a BusinessKorea report on November 5, 2019. дальше »
2019-11-6 00:00 | |
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Presidential Committee Commits to Giving Crypto a Legal Status in Korea
During the 4th industrial revolution, the Korean presidential committee urged the government to accord cryptocurrencies a legal status. The committee said that this was to assist the country so it remains at the front in terms of innovations. дальше »
2019-10-31 21:21 | |
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Korean Presidential Committee Pushes to Legalize Crypto
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. дальше »
2019-10-31 18:30 | |
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Korea Internet Security Agency Announces 2020 Blockchain Startup Funding Plan of $9 Million
The Korean Web Safety Company, KISA, has announced that it will support various blockchain-focused projects in 2020, with 10.5 billion won (which is approximately $9 million) in funding. The details of the plan were announced by KISA in a meeting last week held in Seoul. The 2020 funding plan marks the 3rd year of such […] дальше »
2019-10-29 23:03 | |
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ICON blockchain fully decentralized as community elected reps now govern
ICON Foundation, the organization behind the South Korean blockchain ICON, announced today that the ICON network has completed the decentralization process and the network is now governed by community elected Public Representatives (P-Reps) across the globe. дальше »
2019-10-29 16:41 | |
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Samsung Unveils TRX dApp Building Tools for TRON Blockchain Support
Per an October 29, 2019, release note shared by South Korean electronics behemoth Samsung, the multibillion-dollar firm has successfully integrated decentralized web blockchain Tron (TRX) to its dApp store – Blockchain Keystore. дальше »
2019-10-29 16:25 | |
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