Upbit becomes South Korean top exchange with profit in 2018

Upbit becomes South Korean top exchange with profit in 2018
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2019-4-15 22:26

The South Korean trading platform Upbit announced financial results for the year 2018. Upbit managed to become the only one among top South Korean crypto exchanges who made a profit in 2018.

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2018 korean south upbit profit only one

2018 korean → Результатов: 120


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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.

2019-4-12 13:00


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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.

2019-4-2 21:54


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Report: Huobi Overtakes Binance and OKEx in Commission Earnings

Cryptocurrency exchange Huobi has reportedly raked in a total of $483 million in commissions throughout 2018, more that the top two exchange by volume Binance and OKEx.   Half a Billion in Trading Fees According to a recent report by Korean media Sporbiz, China-based cryptocurrency exchange Huobi has raked in a total of $483 million USD in commissions throughout 2018.

2019-1-25 00:00


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.

2019-1-23 00:57


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Only 7 out of 21 Crypto Exchanges Pass South Korean Government Audit

The South Korean Government recently conducted a security audit on 21 Cryptocurrency exchanges and according to a local news story published on January 10, 2019, only seven of them passed the audit. The audit took place between September and December 2018 and out of the 21 surveyed, Bithumb, Coinone, and Korbit, along with four others, made the grade.

2019-1-13 10:00


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South Korean government gives tax break to blockchain trailblazers

The South Korean government is giving the blockchain industry a tax break in a bid to help foster innovation in decentralized technologies. The Ministry of Strategy and Finance has announced that blockchain will be included in its amendments to 2018 tax law, which sees companies receive benefits for innovating with certain technologies, reports The News Asia.

2019-1-10 17:26


New Financial Channel Report Details Why 70% of South Korean Crypto Miners Shut Down Operations in 2018

A report released by CCTV—2, the Chinese owned Financial Channel television station indicates that the bear market may have had a significant toll on local miners than initially anticipated. The state-owned broadcaster has just released a report which seeks to document the effects of the 2018 bear market on the local crypto miners. The report […]

2019-1-4 20:20


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South Korea: Authorities Nab Nine People for Dealing Drugs Using DarkCoin Cryptocurrency

According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies.   Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even set up their website to facilitate the trade of drugs.

2018-12-26 20:00


South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time.

2018-12-4 21:41


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Cryptocurrency Exchange OKEx Launches Perpetual Swap Product to Expand Trading Suite

South Korean cryptocurrency exchange OKEx launched its perpetual swap trading product in Seoul on December 3, 2018, during a press conference attended by BTCManager. Burgeoning Crypto-Finance Domiciled in Malta, OKEx described the product as a significant addition to its growing list of crypto-centric trading products and financial tools.

2018-12-3 21:30


Encrybit ICO

- ENCRYBIT THE RESEARCH BASED CRYPTOCURRENCY EXCHANGE Encrybit made history moments creating massive surveys in cryptocurrency market with 12k+ responses from traders among 167 countries. Encrybit exchange is thought of traders where we are merging their demands in reality developing the secured and featured enriched trading platform that does not want to compromise the emotions of traders.

2018-11-14 19:41


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Cryptocurrency Exchange Zeniex Terminates Service after Government Crackdown

South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat.

2018-11-13 10:00


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$571 Million in Damages: North Korean Hacking Group Lazarus Behind High-Profile Cryptocurrency Hacks

Although there have been over $882 million cryptocurrencies stolen from online exchanges since 2017, Lazarus, a North Korean, state-sponsored group is responsible for the majority of stolen tokens. According to an article published by The Next Web on October 19, 2018,  the Lazarus Group took over $571 million cryptocurrencies and will continue to do so in the future.

2018-10-22 15:00


Meet Lazarus Group ; The Largest Cryptocurrency Theft Crew of 2018

A North Korean cyber theft crew dubbed “Lazarus ”, has topped the list of highly successful cryptocurrency hacking since January 2017. In a research carried out by cyber security firm Group-IB, it was discovered that the theft crew had stolen a  total of $571 million in cryptocurrency since February 2017 ; the highest amount of […] The post Meet Lazarus Group ; The Largest Cryptocurrency Theft Crew of 2018 appeared first on ZyCrypto.

2018-10-20 16:26