The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests […]
The post Total of 7 Crypto Exchanges and 158 Wallets Hacked in South Korea, Police Find appeared first on Bitcoin News.
Powered by WPeMatico
]]>It’s not secret that a dauntingly large percentage of ICOs are fraudulent from the start. However, in most cases, it’s quite simple for speculators to separate the scams, and funds are primarily accumulated from inexperienced or otherwise naive investors that the coin offering targets. Unfortunately, every now and then, these scams pass, unsuspected, until the […]
The post ABLE Project Exit Scammed, and These Crypto Firms are to Blame appeared first on NullTX.
Powered by WPeMatico
]]>
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. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM […]
The post Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet appeared first on Bitcoin News.
Powered by WPeMatico
]]>
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. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 Exchanges Inspected South Korea’s government has announced the result […]
The post Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures appeared first on Bitcoin News.
Powered by WPeMatico
]]>
South Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. However, some coins were not recovered. Also read: Yahoo! Japan Confirms Entrance Into […]
The post Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies appeared first on Bitcoin News.
Powered by WPeMatico
]]>
The South Korean government has been criticized for not doing enough to help prevent hacking at cryptocurrency exchanges. Data obtained by the regulators show that three crypto exchanges were hacked, with damage of almost $1 billion, after having gone through an inspection by the government. Meanwhile, one of the nation’s largest crypto exchanges, Upbit, has denied […]
The post Korean Government Criticized for Crypto Exchange Hacks, Upbit Denies Hack Rumor appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it […]
The post Investigation Underway: Korean Government Seeks Cause of Crypto Hacks appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Korean Government’s Solution Following recent reports of multiple security breaches at cryptocurrency exchanges, […]
The post Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks appeared first on Bitcoin News.
Powered by WPeMatico
]]>Powered by WPeMatico
]]>
South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto […]
The post Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies appeared first on Bitcoin News.
Powered by WPeMatico
]]>