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This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone
Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain. дальше »
2019-4-16 07:05 | |
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North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat
A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To Extremes’ Published April 12, the report, Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia, comes courtesy of the Royal United Services Institute for Defence and Security Studies (RUSI). дальше »
2019-4-16 22:00 | |
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North Korea might target Southeast Asia’s crypto-sectors, suggests RUSI report
The Korean peninsula is rife with social and political differences ever since the Korean mainland was split between North and South Korea after the Korean War. According to a report released by The Royal United Services Institute [RUSI], North Korea could target Southeast Asia’s vulnerable crypto-sector. дальше »
2019-4-15 20:00 | |
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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency
North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports. дальше »
2019-4-15 12:56 | |
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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More. дальше »
2019-4-12 13:00 | |
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Bithumb registers net loss of $180 million following Bitcoin’s price drop
Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes. дальше »
2019-4-11 23:30 | |
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Fantom partners with Yonsei University to drive smart contract development
CryptoNinjas Fantom, a DAG-based distributed ledger technology company, has announced a new partnership with South Korean based Yonsei University, working directly with Associate Professor Bernd Burgstaller. дальше »
2019-4-11 19:22 | |
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This Crypto Surged 37% on Thursday, Nudged Korean Traders to Dump Bitcoin
Price of Crypto. com Chain (CRO) on Thursday surged up to 37. 33% ahead of the European market open. The CRO-to-dollar exchange rate established an intraday high towards $0. 085, bringing its total jump since April 2 close to 100-percent. дальше »
2019-4-12 17:53 | |
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Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018
Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times. дальше »
2019-4-11 14:07 | |
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South Korea’s Military-Affiliated DAPA Agency Plans a New Blockchain Trial for Data Defense Protection
A South Korean agency charged to buy military equipment, the Defense Acquisition Program Administration (DAPA) has recently announced the launch of a new blockchain pilot project which has the goal of improving the business operations of the country’s defense sector. дальше »
2019-4-11 02:19 | |
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All-in-one cryptocurrency payment ecosystem HUPAYX ready to launch
CryptoNinjas Human Plus, a South Korean startup specializing in developing a crypto payment platform recently unveiled its human-centric payment solution with efficient cryptocurrency utilization ecosystem called HUPAYX that aims to transform payment infrastructure with its blockchain cryptocurrency payment platform. дальше »
2019-4-11 01:58 | |
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Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?
It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated BTC prices in South KoreanRead MoreRead More. дальше »
2019-4-11 01:00 | |
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Bitcoin’s Key Indicator Flashing Bullish Again, Mirroring Pre-5K Breakout
The return of a previously well-known phenomenon to Bitcoin this week continues to excite traders as Bitcoin price pushes above $5250. Return Of The ‘Kimchi Premium’ Spotted online by social media traders, the so-called ‘Kimchi Premium’ – a surcharge on the Bitcoin price specifically impacting South Korean investors – is making a comeback on local cryptocurrency exchanges. дальше »
2019-4-10 12:00 | |
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South Korea: Lawmakers Clamor for Less Stringent Cryptocurrency and Blockchain Policies
A group of South Korean lawmakers have expressed concern over the strict regulatory policies of the Financial Service Commission (FSC) on the cryptocurrency and blockchain sector and subsequently called for deregulation. дальше »
2019-4-9 21:00 | |
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Korean Investigators Use Artificial Intelligence To Catch Crypto Scammers
A bitcoin Ponzi scheme was brought down thanks to the diligence of Korean civil servants who developed software capable of recognizing advertisement patterns used in pyramid scams.
дальше »2019-4-10 19:59 | |
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Artificial Intelligence Helps Korean Police Bust $19 Million Bitcoin Ponzi
A special South Korean investigative agency in Seoul has successfully used Artificial Intelligence (AI) to unravel a cryptocurrency Ponzi scheme that defrauded 56,000 people of more than $18. 7 million. дальше »
2019-4-8 15:30 | |
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South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam
South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. дальше »
2019-4-8 12:29 | |
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Bipartisan South Korean Lawmakers Call on Gov’t to Ease Crypto, Blockchain Regulation
A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation of cryptocurrencies and blockchain technology
дальше »2019-4-8 11:21 | |
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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more
It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »
2019-4-8 11:17 | |
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Vitalik Buterin Urges South Korea to Deregulate Blockchain, Embrace Crypto
Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws are overly restrictive and therefore, inhibit innovation. дальше »
2019-4-7 14:15 | |
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South Korean government officials consider making cryptocurrency, blockchain regulations laxer
The cryptocurrency world has been pushing its limit to educate people about blockchain and cryptocurrency globally. South Korea was one of the countries to adopt the new tech, but framed strong regulations to keep the field from the illicit players. дальше »
2019-4-6 19:30 | |
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North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program
North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe. дальше »
2019-4-5 13:00 | |
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South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for Cryptos
Coinspeaker South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for CryptosSouth Korean authorities will re-evaluate the existing crypto rules with a view to support the growth and development of the crypto industry. дальше »
2019-4-5 12:07 | |
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MakerDAO working Korean partners to drive local cryptocurrency adoption
CryptoNinjas MakerDAO, the issuer of Dai, the first and largest stablecoin on the Ethereum blockchain, has announced that following last month’s official launch of the National Relayer Campaign in Korea, the MakerDAO Korean community has worked closely with its partners including VANTA, a decentralized. дальше »
2019-4-4 04:10 | |
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Kim Jong-un is Masterminding Crypto Thefts to Fund Nukes: Report
North Korean leader Kim Jong-un is thought to be backing an elaborate scheme entailing the hacking of crypto exchanges. The group alleged to be doing the hacking is called APT 38. It’s considered to be a highly-skilled state-sponsored group of bank hackers that managed to steal $1 billion from banks to fund its nuclear weapons program, according to Wired. дальше »
2019-4-3 16:27 | |
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This app turns your Samsung Galaxy S10’s camera cutout into a nifty battery monitor
The latest Samsung Galaxy flagship phone uses an in-screen camera (weirdly, there isn’t a single universally accepted term, as it’s often referred to as a “punch-hole camera” or “cutout camera”) instead of a notch. дальше »
2019-4-3 08:26 | |
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Korean Startup Develops Content Sharing Platform With a Built-In Copyright Protection System
New Korean-based startup ContentsDeal is addressing the issue of copyright infringement by launching a distributed content streaming application with an automated payout system on the blockchain. Additionally, the platform offers sharing of online comics, popular in South Korea, as well as video content. дальше »
2019-4-2 09:28 | |
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SBI Savings Bank goes live with ICONLOOP’s blockchain-based personal authentication
CryptoNinjas ICONLOOP, the South Korean based blockchain technology company, has announced that it has integrated its blockchain powered personal authentication service for SBI Savings Bank. дальше »
2019-4-2 02:00 | |
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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software
This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. дальше »
2019-4-2 21:54 | |
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Moonday Mornings: Bithumb hacked for $19M, SEC delays Bitcoin ETF decision again, and more
It’s another week which means it’s time for another wrap up of the weekend’s blockchain and cryptocurrency news. Let’s get to it. 1. South Korean cryptocurrency exchange Bithumb has been hacked for the third time in two years, reports ZDNet. дальше »
2019-4-1 10:51 | |
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South Korea: Bithumb Exchange Hacked; EOS and XRP Worth Millions Stolen
South Korean cryptocurrency exchange Bithumb on March 30, 2019, announced that it recently observed “abnormal withdrawal” of crypto holdings from the company’s hot wallet, an incident its employees orchestrated the firm suspects. дальше »
2019-4-1 09:00 | |
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Down the Bitcoin March Memory Lane when BTC Surpassed $1 Billion in Market Cap for the First Time
In the present time, this week we saw popular South Korean exchange Bithumb being hacked that lost millions of EOS in a suspected insider job. A little known Singaporean cryptocurrency exchange DragonEx was also hacked for cryptocurrencies including Bitcoin, Ethereum, Litecoin and number of other tokens. Another case has been of CoinBene that involved a […] дальше »
2019-4-1 23:12 | |
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Massive Bitcoin Exchange Hack Exposes Bithumb’s Arrogant Disregard of Security
In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. дальше »
2019-3-31 20:30 | |
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Millions of EOS & XRP at Stake as Bithumb gets Hacked the Second Time, Crypto Market Cap Loses $7 Billion
One of the biggest South Korean cryptocurrency exchanges, Bithumb was hacked last night for reportedly $30 million worth of cryptocurrency that involves three million EOS ($13 million) and up to 20 million XRP ($6 million). дальше »
2019-3-30 19:11 | |
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Crypto Exchange Bithumb Hacked for $19M EOS By the Insider
Coinspeaker Crypto Exchange Bithumb Hacked for $19M EOS By the InsiderSouth Korean crypto exchange Bithumb was hacked last night for three million EOS ($13 million) and the exchange believes it was compromised by its own employees. дальше »
2019-3-30 17:02 | |
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Bithumb Hacked Again? – Hackers Reportedly Steal $15 Million in EOS
Bithumb temporarily suspended deposit and withdrawal services on its platform. The South Korean cryptocurrency exchange appears to be the latest victim of another hack with $15 million worth of EOS allegedly stolen by cybercriminals. дальше »
2019-3-30 12:30 | |
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Was Bithumb Hacked For Millions Worth Of Crypto? EOS Blockchain Suggests So
Months after the Cryptopia debacle and mere days after the DragonEx imbroglio, reports and blockchain data suggest that Bithumb, South Korea’s largest crypto exchange has been hacked (yet again) for a large amount of EOS and potentially XRP. дальше »
2019-3-30 08:27 | |
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Samsung Galaxy S10’s cryptocurrency wallet to be made available only in 3 countries
Samsung, one of the leading smartphone manufacturers around the globe, made headlines in the cryptocurrency space, especially in the Ethereum community. Last month, the South Korean electronics giant stated that they would be adding support to a cryptocurrency wallet in their new smartphone – Samsung Galaxy S10. дальше »
2019-3-28 17:00 | |
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North Korean Hackers Don’t Give a $#%! about Crypto Winter
The cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. дальше »
2019-3-28 02:30 | |
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