Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies

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 … Read more

Big Business Promotes Blockchain at World Cup Event

You know it’s serious when companies are willing to spend significant cash on small blocks of advertising. That’s what happened during one of the World Cup quarterfinal matches, and it’s a big deal in terms of who sponsored the commercial. HDAK, a well-known subsidiary of Hyundai, the South Korean car maker, spent a lot of … Read more

Major Korean Exchange Bithumb Expanding into Japan and Thailand

One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. The new locations are part of the exchange’s global expansion plan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working … Read more

South Korean Regulators to Introduce New Cryptocurrency-Related Proposals This Month

A lot of things are changing in South Korea’s cryptocurrency ecosystem. With all major exchanges adhering to self-regulation, the government has bought additional time prior to introducing official guidelines. It seems that regulation will be introduced a lot sooner than originally thought. South Korean Regulators Make Their Move According to local sources, there will be … Read more

Self-Regulating South Korean Exchanges Receive a Favorable Audit

South Korea is a very important location in the world of cryptocurrency. Its exchanges generate tremendous amounts of trading volume, and it seems that situation will not change anytime soon. According to a new report, the Korean Blockchain Association has announced that all exchanges meet its regulatory requirements, which is a very positive sign. Korean Exchanges … Read more

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