Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator
In the wake of a 342,000 ETH theft from South Korean crypto exchange Upbit, commentators deem an inside job to be more likely than a hack Go to Source Powered by WPeMatico
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BREAKING: Crypto Exchange UpBit Confirms Theft of 342,000 Ether — $50M
South Korean crypto exchange UpBit has confirmed that 342,000 ETH was sent to an unknown wallet and customer losses will be compensated Go to Source Powered by WPeMatico
South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies
The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country Go to Source Powered by WPeMatico
China’s Dive Into Blockchain, Digital ID Spurs Rest of World to Action
How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future? Go to Source Powered by WPeMatico
LG and Kakao Partner to Bridge Public and Private Blockchains
LG’s IT affiliate and Kakao’s blockchain subsidiary, Ground X, are teaming up to bridge public and corporate blockchains Go to Source Powered by WPeMatico
Korean Presidential Committee Pushes to Legalize Crypto
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain Presidential Committee Pushes for Crypto Legalization … Read more
Binance Joins Council of Internet Giant Kakao’s Blockchain Project
Major cryptocurrency exchange Binance is joining the governance council of Klaytn, a blockchain project led by South Korean internet giant Kakao Go to Source Powered by WPeMatico
Samsung SDS Partners With Tech Mahindra for a New DLT Product
Samsung’s software arm Samsung SDS announced a joint blockchain development initiative with Tech Mahindra Go to Source Powered by WPeMatico
New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021
South Korea establishes a digital trade foundation to digitize trade financing by 2021 Go to Source Powered by WPeMatico
Sudden Cyworld Shutdown Puts Clink Crypto Investors at Risk: Report
Cyworld’s cryptocurrency Clink appears to be on its last legs as the social media platform has stopped operations without warning Go to Source Powered by WPeMatico