South Korea

Auto Added by WPeMatico

Bitcoin Price Watch: Currency Tanks to $7,790

by

After several days of bitcoin remaining above $8,000 and enthusiasts rejoicing about a possible new era for crypto, bitcoin has suddenly tanked by roughly $400 and is now trading for about $7,790. Current conditions suggest that bitcoin – despite showing signs of newfound strength – is still just as vulnerable as ever to volatility and … Read more

Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange

by

A South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. As the country’s … Read more

South Korean Regulator Presses Lawmakers to Pass Crypto Bill Urgently

by

South Korea’s top financial regulator has urged lawmakers to pass the country’s first crypto bill quickly, citing the urgent need from rising incidents at crypto exchanges. There are currently several crypto-related laws pending at the National Assembly. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Law Urgently Needed South Korea’s top financial regulator, … Read more

South Korea’s Second-Largest Mobile Operator Unveils Its Blockchain Network

by

There are quite a few companies which are building their own proprietary blockchains. As is always the case when ventures like these come to market, one has to wonder whether they can live up to expectations. KT Corp, one of South Korea’s leading mobile carriers, has unveiled a commercial network which uses blockchain technology. KT Corp … Read more

Binance Prepares to Enter the South Korean Market

by

Binance is preparing to expand into South Korea, having already hired Koreans for some local positions. CEO Changpeng Zhao has stressed the importance of the Korean market, noting that some Koreans are already using Binance, especially to trade newer coins. However, the exchange is reportedly waiting for the country’s crypto regulatory framework to be fine-tuned … Read more

Binance Prepares to Enter the South Korean Crypto Market

by

Binance is a cryptocurrency exchange which continues to make headlines on a regular basis. In its latest move, the company is trying to make inroads into South Korea, which is the world’s leading cryptocurrency market as of right now. For Binance, entering South Korea will be another crucial step toward establishing a global presence. Binance … Read more