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South Korean authorities are divided whether bitcoins from criminal proceeds should be confiscated. In a criminal case involving 216 bitcoins, the court previously ruled that the digital currency cannot be confiscated. However, the prosecutor is now appealing to the court to overturn that decision and allow the forfeiture of the bitcoins, now worth billions of … Read more
South Korean Government Concerned With Scams in Bitcoin Market as Fake Exchanges and Ponzi Schemes Emerge. #REGULATIONS Go to Source Powered by WPeMatico
Cyber security researchers found a new type of malware spreading across the world via the Facebook Messenger app. This malicious bot is using the many computers it has infected to mine cryptocurrency for its unscrupulous developers at the expense of users. Also read: Starbucks Customer Has His Laptop Hijacked for Cryptocurrency Mining A couple of cyber … Read more
Bitcoin and the digital asset economy has seen a meteoric rise in value over the course of 2017. Various countries have caught the cryptocurrency fever, but the lion’s share of digital asset demand has stemmed from regions located in Asia. It’s clear from various data recorded all year long that countries like Japan, South Korea, … Read more
Etrade, a popular online retail trading platform, has announced it will support Cboe bitcoin futures contracts for its users. The company joins rivals Ally and TD Ameritrade in a bid to capture part of the multi billion USD cryptocurrency market. Also read: United States Olympic Luge Team to Accept Bitcoin Donations Etrade Joins a Crowded … Read more
Kakao’s cryptocurrency exchange Upbit now claims to be the largest crypto exchange by volume in South Korea, one of the top three markets globally. Listing over 120 coins and leveraging Kakao Talk’s massive user base, Upbit currently facilitates an average daily trading volume of 5 trillion won. Also read: South Korea Clarifies Position After Reports of … Read more
South Korean Authorities Believe North Korean Hackers Initiated a Hacking Attack Against Local Bitcoin Exchange Youbit. #ANALYSIS Go to Source Powered by WPeMatico
A bizarre twist on white hat hacking saw a media outlet hire security workers to hack exchanges and expose security flaws. #NEWS Go to Source Powered by WPeMatico
North Korea is “absolutely” creating stockpiles of Bitcoin according to one cybersecurity CEO. #NEWS Go to Source Powered by WPeMatico
The South Korean Financial Supervisory Service does not plan to regulate cryptocurrencies, citing the fact that virtual currencies are not “actual types of currency”. Go to Source Powered by WPeMatico
