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South Korean Crypto Exchange Cracks Down, Requiring Address Ownership Identity
A Twitter user is now alleging that the South Korean Korbit cryptocurrency exchange is requiring proof of ownership of digital addresses. If a user does not verify the address with their identity, the exchange will withhold the user’s ability to withdraw. дальше »
2021-2-16 18:17 | |
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South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. дальше »
2021-2-14 07:30 | |
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Chinese authorities greenlight DBX’s subsidiary to run a crypto exchange
The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China. дальше »
2021-2-12 17:03 | |
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Seoul court finds Bithumb liable; orders reimbursement of over 1.1 billion won
Seoul's Central District Court has ruled that South Korean crypto-exchange Bithumb is liable to compensate victims of Bithumb’s withdrawal incident back in November 2018. In the said incident, severThe post Seoul court finds Bithumb liable; orders reimbursement of over 1.1 billion won appeared first on AMBCrypto. дальше »
2021-2-11 14:00 | |
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Japan’s Finance Minister Wants CBDC Talks at G7 Meeting
Taro Aso, Japan’s Finance Minister, stated that a comprehensive discussion about central bank digital currencies (CBDCs) should be held at the upcoming G7 meeting. Japan Calls for In-Depth CBDC Policy Discussion According to the South China Morning Post on Tuesday (Feb. дальше »
2021-2-10 14:01 | |
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South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. дальше »
2021-2-10 04:00 | |
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South Korea: Central Bank Publishes Book on CBDC Legal Considerations
South Korea’s plans for its experimental central bank digital currency (CBDC) project also includes efforts to contribute to the expanding body of knowledge dedicated to sovereign digital currencies. дальше »
2021-2-9 02:00 | |
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South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI
The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. дальше »
2021-2-6 22:30 | |
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South African Tax Regulators Shift Focus To Crypto; Sends Out Audit Requests
According to local news firm, Broadband, SARS sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. This was confirmed by Tax Consulting South Africa, which has recently been approached by a number of taxpayers on the issue. дальше »
2021-2-6 20:36 | |
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Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. дальше »
2021-2-5 09:00 | |
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South Africa Financial Regulator Issues Crypto Investment Warning
South Africa’s regulatory body, the Financial Sector Conduct Authority (FSCA) like other global regulators, has warned citizens to be wary of crypto investment schemes that sell hyperbolic returns on investment (ROI) amid crypto’s bull run. дальше »
2021-2-5 02:00 | |
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South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine or imprisonment for up to two years.” SARS Tracking Non-Compliant […] дальше »
2021-2-4 12:20 | |
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South Africa's SARS accelerates crackdown on non-compliant Bitcoin traders
South Africa is the latest country to come down on cryptocurrency investors, with the South African Revenue Service (SARS) sending audit requests to taxpayers, requesting them to disclose cryptocurrenThe post South Africa's SARS accelerates crackdown on non-compliant Bitcoin traders appeared first on AMBCrypto. дальше »
2021-2-3 10:30 | |
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Top VC’s Including Coinbase, Galaxy Digital & Pantera Inject $25M into Terraform Labs
Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding. дальше »
2021-1-28 23:30 | |
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South Africa’s Primary Financial Regulator Proposes New Crypto Regulations In The Country
Reports from Bloomberg confirms that South Africa’s primary financial regulator, Financial Sector Conduct Authority (FSCA), is planning to regulate cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. дальше »
2021-1-28 20:50 | |
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South Africa’s Financial Regulator Exposes Bitcoin Ponzi Scheme
The Financial Sector Conduct Authority (FSCA) in South Africa is seeking to increase regulation and prosecute crypto-related dealings after the recent collapse of a Bitcoin Trader suspected of being the country’s biggest Ponzi scheme. дальше »
2021-1-28 18:29 | |
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Scams are driving South African authorities to regulate crypto trading
The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency.
дальше »2021-1-27 13:17 | |
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Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs
Bitcoin bulls should brace for a bearish impact as three of the leading on-chain indicators unanimously warn about potential sell-offs in the spot market ahead. CryptoQuant, a South Korea-based blockchain analysis firm, highlighted the latest readings on their proprietary metrics, one of which studies large BTC outflows from miners’ wallets and the other over-the-counter BTC […] дальше »
2021-1-26 16:00 | |
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EOS, Algorand, YFI Price Analysis: 23 January
EOS formed a scallop pattern on the charts and a drop below $2.55 could see it go as far south as $2.3 over the next week. Algorand flipped a level of resistance to support and showed signs of bullishThe post EOS, Algorand, YFI Price Analysis: 23 January appeared first on AMBCrypto. дальше »
2021-1-23 12:00 | |
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IOTA Foundation to Enhance Blockchain Development for Smart City Projects
IOTA Foundation has entered into a strategic agreement with the South Korean Observer Observation and Tanglehub to apply for smart city projects in South Korea, Asia, and Europe. The agreement which is set to kick in this year is expected to expand the use cases of IOTA in these regions. Partnership Set to Drive BlockchainRead More дальше »
2021-1-23 20:00 | |
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Binance Coin, Ethereum Classic, VeChain Price Analysis: 22 January
Binance Coin could be poised for a bounce to $41.5, but at the time of writing, it was facing south and the $40.4-region could pose some resistance to the price as well. Ethereum Classic clung to a leThe post Binance Coin, Ethereum Classic, VeChain Price Analysis: 22 January appeared first on AMBCrypto. дальше »
2021-1-22 19:00 | |
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Crypto exchange Upbit shows over 100% user fund capitalization in audit report
Upbit, a South Korean-based cryptocurrency exchange, released today its latest audit reports showing over 100% user fund capitalization in both crypto and fiat. The ‘Digital Assets and Fiat Deposit Audit’ report, was completed by JIAN Accounting Corporation as of Jan 1st, 2021. дальше »
2021-1-22 18:35 | |
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Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash
An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours. дальше »
2021-1-22 14:26 | |
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Hedera Hashgraph’s HBAR Nearly Triples in Value Following the Real World Usage of Blockchain
The National Health Services (NHS) facilities in England use blockchain technology to keep tabs on the supply and storage of temperature-sensitive COVID-19 vaccines. The system will “allow us to demonstrate our commitment to providing safe patient care,” said Steve Clarke, electro-biomedical engineering manager at South Warwickshire NHS, in a statement. дальше »
2021-1-21 16:59 | |
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Smart Farm Startup Green Labs Finalizes $18 Million Round Led by Hashed
Green Labs, a Seoul and San Francisco based startup pioneering smart farming using Internet of Things (IoT), has completed its Series B round. The $18 million round was headed by one of South Korea’s leading blockchain venture capital firms, Hashed, bringing Green Labs’ fundraising total to $28 million to date. дальше »
2021-1-21 16:43 | |
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Chainlink, Aave, Compound Price Analysis: 20 January
Chainlink and Aave moved south after touching record levels as losses in the broader market had a negative effect on their prices. Further, Compound too flashed red, at press time, after a breakout waThe post Chainlink, Aave, Compound Price Analysis: 20 January appeared first on AMBCrypto. дальше »
2021-1-20 21:00 | |
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Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules
The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry. In fact, the executive believes there will only be between four and seven exchanges surviving the new regulation. дальше »
2021-1-20 11:05 | |
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Gang Steals $450,000 During Crypto Trade-Turned-Heist
Knifepoint Crypto Buying and selling crypto can be stressful enough without being robbed at gunpoint. But for one Hong Kong woman, a backdoor crypto-trading deal turned into a hold-up. According to the South China Morning Post, thieves got away with HK$3. дальше »
2021-1-20 21:47 | |
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Криптовалютного трейдера ограбили на $450 000 в Гонконге
После сделки по продаже криптовалюты жительницу Гонконга ограбили на $448 700. Об этом сообщает South China Morning Post. Покупатель цифровой валюты пригласил трейдера в офис торгового центра для заключения сделки. дальше »
2021-1-19 13:12 | |
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Huobi Korea scores certification from Korea Internet and Security Agency
The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act. дальше »
2021-1-19 15:51 | |
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Popular K-Pop Girl Band To Mint Digital Collectibles on Polkadot
On Jan 16, 2020, the parent company of K-pop sensation girl band Mamamoo revealed that it would release non-fungible tokens (NFT) on Hong Kong-based exchange Xeno. K-pop Merch Going Digital The move by RBW (Rainbowbridge World), a South Korean entertainment company that represents top K-pop bands, will enable music fans to purchase digital merchandise associatedRead More дальше »
2021-1-18 19:00 | |
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EOS, BAT, Dogecoin Price Analysis: 16 January
EOS's market noted some bearish presence, with the same likely to push the crypto's price slightly south towards $2.6. Basic Attention Token appeared to break out of a range backed by significant tradThe post EOS, BAT, Dogecoin Price Analysis: 16 January appeared first on AMBCrypto. дальше »
2021-1-16 14:00 | |
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GG56 Ltd. Presents Innovative Health Solution Pass&Go App at AeHIN 7th Annual Conference
GG56 Ltd. is pleased to announce its participation in the Asia eHealth Information Network (AeHIN) MarketPlace, held virtually from Manila, Philippines on January 14th. The AeHIN promotes peer-to-peer collaboration among global organizations to develop and implement digital health initiatives across South and Southeast Asia. дальше »
2021-1-16 13:20 | |
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Man Offers $72 Million To Search For Hard Drive With 7,500 BTC
James Howells, a 35-year old British Engineer, is reportedly on a hunt for his BTC hardware wallet that he had accidentally discarded in 2013 while doing some house clean-up. According to a South Wales Argus report, Howells had appealed to the councils of the city where he resides, Newport, to excavate a landfill site where […] дальше »
2021-1-16 23:29 | |
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CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency
A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme Court of Korea determined […] дальше »
2021-1-15 17:00 | |
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Liquidators seek expanded probe of alleged South African Bitcoin scheme
Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme. дальше »
2021-1-16 13:49 | |
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Liquidators of South African Bitcoin Trading Club Request Greater Probe Powers
Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade clients' bitcoin. дальше »
2021-1-15 12:17 | |
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IT Engineer Offers Nearly $72 Million to Excavate Lost Bitcoin Fortune
James Howells, an IT Engineer, is offering a percentage of his Bitcoin stash to the Newport City council to dig up a hard drive containing over 7,000 bitcoins that he accidentally discarded. Howells Seeks to Recover 7,500 BTC According to the South Wales Argus, James Howells was renewing his appeal to the city council toRead More дальше »
2021-1-15 02:00 | |
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Потерявший 7 500 BTC предложил городу $72 млн за поиск диска на свалке
Джеймс Хауэллс предлагает властям Ньюпорта, Великобритания, около $72 млн за раскопку городской свалки, где оказался его жесткий диск с 7 500 BTC, сообщает издание South Wales Argus. Инженер утверждает, что выкинул устройство в 2013 году в мусорный бак, которому был присвоен порядковый номер и соответствующее место на полигоне. дальше »
2021-1-14 15:03 | |
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