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Three Suspects in China’s Biggest $87 Million Cryptocurrency Heist Arrested By Police
Chinese police have recently arrested three men for hacking and stealing 600 million yuan ($87 million) in cryptocurrencies. According to the South China Morning Post, the Xian Police officers stated on Saturday, August 18, 2018, that when it came to cryptocurrency criminal investigations in China, this was the largest number of stolen cryptocurrencies in the nation. дальше »
2018-8-21 16:00 | |
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Cryptocurrencies in Asia: S.E.A Countries Develop Crypto-Economy and Lure Businesses
Philippines, South Korea, and Thailand ease regulations to lure fintech investment as southeast Asia. In August 2018, The Cagayan Special Economic Zone and Freeport in the Northern Philippines were launched with a $100 million blockchain hub, with the hopes of becoming the “Crypto Valley of Asia. дальше »
2018-8-21 14:00 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Serbian Nationals Defraud South Korean Businessman of Two Million Euros in Bitcoin Using Counterfeit Bills
Things have turned sour for a South Korean businessman involved in an offline peer-to-peer cryptocurrency scam. The businessman swapped his digital currency for euros that turned out to be fake. Details of the Scam A South Korean businessman who runs a cryptocurrency company in Singapore had Bitcoin worth approximately $2. дальше »
2018-8-20 23:00 | |
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Blockchain Law Society Launches in South Korea
The Blockchain Law Society launches in South Korea on August 24th with a clear mandate to create a proper regulatory framework for the blockchain and associated cryptocurrencies. A number of District Judges, lawyers and cryptocurrency experts have joined forces to form the working group that can help steer the blockchain regulations that are inevitable at […] The post Blockchain Law Society Launches in South Korea appeared first on Crypto Briefing. дальше »
2018-8-20 21:03 | |
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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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Bitcoiner Duped For $2 Million Fake Euros
A bitcoiner has handed over his precious coins for piles of counterfeited fake euros according to the Associated Foreign Press (AFP). They say an unnamed South Korean met an unnamed... The post Bitcoiner Duped For $2 Million Fake Euros appeared first on Trustnodes. дальше »
2018-8-20 17:16 | |
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District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain. дальше »
2018-8-20 17:00 | |
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South Korea’s Parliament Discusses ICOs Amid a Race to Establish Regional Crypto Valley
South Korea’s lawmakers have extended the parliamentary session into August to address a number of bills with ICOs high on the agenda according to BusinessKorea. They say lawmakers will discuss. дальше »
2018-8-20 16:30 | |
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Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forged Bank Notes
Being fooled into investing in a scam ICO, or in a broken cryptocurrency is heartbreaking, but being fooled into swapping your Bitcoin millions for fake banknotes takes it to a new level. According to new reports, one South Korean businessman has fallen victim of just that, a scam that involved his millions being swapped for €2 million worth of fake banknotes. дальше »
2018-8-20 16:00 | |
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South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies
South Korean city Chuncheon has joined with Swytch in a partnership to expand and accelerate the city’s use of renewable energy. In a move that mirrors other government investments in the blockchain, the agreement between the city and Swytch will see the two organizations examining how to use Swytch technology to make more citizens benefit […] South Korea Blockchain Industry Blooming – Swytch Announces Partnership to Expand Possibilities for Renewable Energies was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-20 13:59 | |
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Thieves use $2.3M in counterfeit money to shake down cryptocurrency millionaire
Another Bitcoin millionaire has been caught in an elaborate cryptocurrency plot. A South Korean businessman has exchanged $2. 3M worth of Bitcoin for cash – only to find the banknotes were cheap, poorly printed fakes. дальше »
2018-8-20 13:08 | |
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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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Intellectual Property (IP) Asset Trading Platform – INKubator Launches In Seoul
INKubator, the highly anticipated Global Cultural Asset Trading Platform developed by blockchain powerhouse Ink, was officially unveiled to the world in an exclusive preview in Seoul, South Korea on August 17. дальше »
2018-8-20 12:00 | |
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Crypto Traders Targeted By South African Revenue Service, Work To Track Transactions
The South African Revenue Service is currently working to improve the way it tracks cryptocurrency traders and their transactions to determine if they are paying taxes. The service’s commissioner stated that the agency is looking to explore ways to identify parties that are profiting from trading digital assets to see if they are evading taxation. […] дальше »
2018-8-20 10:15 | |
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South African Tax Authority Going After Crypto Traders
The South African Revenue Service is working to improve the tracking of cryptocurrency traders and their transactions in order to verify if they are paying taxes. According to its Commissioner, the agency is exploring ways to better identify those that are profiting from trading digital assets and check if they are evading taxation. дальше »
2018-8-19 17:40 | |
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Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate
On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent. дальше »
2018-8-19 15:00 | |
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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet
In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. дальше »
2018-8-19 07:10 | |
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Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures
The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. дальше »
2018-8-19 22:10 | |
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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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Messaging App Line Announces a $10 million Cryptocurrency Fund
Chinese messaging app Line recently announced on August 15, 2018, the launch of a $10 million investment fund dedicated to cryptocurrency startups. Line’s South Korean-based subsidiary Unblock Corporation will operate the fund, and it will be known as Unblock Ventures. дальше »
2018-8-18 02:00 | |
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South Korean Cryptocurrency Market Targeted by New Rule Change
The government of South Korea has excluded cryptocurrency exchanges from being categorized as venture businesses. The government announced this new cryptocurrency market rule-change through a press release published on August… The post South Korean Cryptocurrency Market Targeted by New Rule Change appeared first on CoinCentral. дальше »
2018-8-18 01:05 | |
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Cryptocurrency Exchanges Excluded from Venture Firms List by South Korean Government, Angers Cryptocurrency Platform Operators
Cryptocurrency exchanges in South Korea have condemned their exclusion by the country’s government from the classification of venture firms. Many platform operators believe the development is not in the best interest of the nascent cryptocurrency industry. дальше »
2018-8-17 19:58 | |
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В сентябре Huobi Group запустит криптовалютную биржу в России
Крупный провайдер финансовых решений для блокчейн-активов Huobi Group начал сотрудничество с партнерами для запуска криптовалютных бирж в пяти странах. Среди компаньонов Huobi Group числится российский Внешэкономбанк. дальше »
2018-8-17 12:10 | |
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В сентябре Huobi Group запустит криптовалютную биржу в России (обновлено)
Крупный провайдер финансовых решений для блокчейн-активов Huobi Group начал сотрудничество с партнерами для запуска криптовалютных бирж в пяти странах. Среди компаньонов Huobi Group числится российский Внешэкономбанк. дальше »
2018-8-17 12:10 | |
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Japan’s Biggest Social Network LINE Launches $10M Blockchain Investment Fund
Yet another blockchain investment fund is set to launch in South Korea. Messaging giant Line furthers its foray into the field of cryptocurrencies and is dedicated to streamlining early-stage startup investments with a $10 million fund. дальше »
2018-8-17 10:00 | |
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South Korea Budgets Nearly $4.5B for Blockchain, Emerging Tech
South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies. дальше »
2018-8-17 22:56 | |
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Messaging Giant LINE Launches New Crypto Fund, Lists Tron (TRX)
The current crumbling crypto market conditions appear to be no deterrent to tech and communications companies that are clamoring to get in on the action. South Korean messaging firm LINE is upping the game with the launch of a $10 million crypto investment fund. дальше »
2018-8-16 16:00 | |
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Korea’s Largest Cities Want to Become Crypto Capitals, Market Optimistic
Following the release of a new regulatory framework for crypto businesses and blockchain projects, major cities in South Korea have started to build regional policies to fuel the growth of cryptocurrency-related companies. дальше »
2018-8-16 13:39 | |
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5 Trillion Won To Be Invested In Blockchain Tech In South Korea During 2019
The government of South Korea has just earmarked about 5 trillion won, which is approximately $4. 4 billion budget towards its project on the growth of innovation investment program in the eight critical sectors within the country. дальше »
2018-8-16 12:31 | |
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Jeju Island Governor Announces Plans to Create a “Blockchain Hub”
Won Hee-ryong, governor of Jeju Island, made broke headlines on August 13, 2018, when he made a formal request to designate the island as a “special economic zone” for blockchain and cryptocurrency. дальше »
2018-8-16 10:00 | |
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South Korea Allocates One Trillion Won for Blockchain Technology in 2019
South Korea is showing a greater interest towards the field of cryptocurrencies, budgeting upwards of one trillion won (around $880 million) for the fields of blockchain technology, AI, and the sharing economy. дальше »
2018-8-16 09:00 | |
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Blockchain Firm HEX Innovation to Tackle Healthcare Information Systems in South Korea
On August 13, 2018, HEX Innovation, a blockchain-based platform designed to help individuals manage their health information, partnered with The Korea Association of Regional Public Hospital (KARPH) and TPLUS to grow the blockchain-based medical information industry. дальше »
2018-8-16 02:00 | |
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Korean Blockchain Groups Fear Crypto Exchanges Will Lose Tax Benefits From Law Amendments
South Korea Blockchain Groups Oppose Crypto Exchanges Amendments By Government August 15th 2018 – Seoul, South Korea Earlier in the year the blockchain regulatory bodies in South Korea proposed a motion to curb the increasing popularity of trading cryptocurrencies. дальше »
2018-8-16 00:06 | |
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China and South Korea Pledge More Money to Blockchain Research
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. дальше »
2018-8-15 17:00 | |
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Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits
Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation. дальше »
2018-8-15 15:00 | |
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South Korean women protest against growing epidemic of spycam porn
On August 4, a 35-degree Saturday, 70,000 women gathered in the streets of Seoul wearing masks. Many were holding signs declaring “My life is not your porn”. The South Korean women were speaking out in a fight against the country’s growing epidemic of spycam porn. дальше »
2018-8-15 14:25 | |
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Using Blockchain to Unearth the Next K-POP Superstar with the Z-POP Dream Project
Singapore, 15 August 2018 – Z-POP Dream Project (Z-POP Dream), a global entertainment platform headquartered in Korea, is set to revolutionise the pop music industry through the use of Blockchain technology. дальше »
2018-8-15 08:00 | |
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Ether Price Analysis: Historic Support Breaks, Leads to Signs of Capitulation
In two short weeks, ETHUSD has devalued by 50% of its market value. With little to no relief for the underwater bulls, ether seems to be accelerating downward as buyer confidence is lacking and showing signs of capitulation. дальше »
2018-8-15 01:10 | |
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Despite South Korea’s ICO Ban, Jeju Island to Become Blockchain Safe Haven
Despite South Korea’s ICO Ban, Jeju Island To Become Blockchain-Supporting Province A South Korean province, Jeju Island, plans to set a portion of its province for cryptocurrency purposes, that is, to support the conducting of Initial Coin Offerings (ICOs), as well as blockchain projects. дальше »
2018-8-14 19:03 | |
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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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South Korea Includes Blockchain Technology as Part of $4.4 Billion Domestic Spending Plan
The South Korean government has launched a 5 trillion won ($4. 4 billion) domestic spending plan aiming to accelerate innovative growth in what it considers to be 8 key sectors in industry and technology. дальше »
2018-8-14 23:31 | |
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