South Korea to Triple the Budget for Blockchain Projects Compared to 2018
More blockchain pilot projects for the public sector will receive support from the South Korean government in 2019 Go to Source Powered by WPeMatico
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South Korea: Four ‘Young’ Hackers Booked in Cryptojacking Case Targeting Over 6,000 PCs
Four “young” hackers have been arrested in a cryptojacking case involving over 6000 computers, in what is South Korea’s “first” such case to draw authorities’ attention Go to Source Powered by WPeMatico
South Korean Lawyers’ Association Lobbies Government to Establish Legal Crypto Framework
South Korea’s lawyers are lobbying the country’s government to step up its action and finalize a legal framework for cryptocurrencies Go to Source Powered by WPeMatico
South Korean Crypto Exchange Bithumb Lanches Payment Service with ‘Asian Amazon’ Qoo10
One of the world’s leading crypto exchanges, Bithumb, will launch a cryptocurrency payment service in partnership with Qoo10, an e-commerce giant in the pan-Asian market Go to Source Powered by WPeMatico
Bitstamp, Europe’s Largest Crypto Exchange Acquired By South Korean Firm
In what’s turning out to be a popular trend, Bitstamp cryptocurrency exchange has been acquired by a South Korean investment firm. Bitstamp, which is the oldest major exchange in the world, disclosed the deal today, October 29. NXC, the South Korean tech investment giant made the purchase through its Belgium-based subsidiary, NXMH. The purchase comes … Read more
Trend of Global Crypto Mining: Despite the US-China Trade War, Activity Surges as Samsung and GMO Enter
The breakeven cost of Bitcoin mining is at around $7,000 to $8,000. Yet, miners are still mining at a loss Go to Source Powered by WPeMatico
Report: Bithumb Signs Deal with US Fintech Firm to Open Security Token Exchange
Major South Korean crypto exchange Bithumb has reportedly signed an agreement with American fintech firm SeriesOne to open a security token exchange in the U.S. Go to Source Powered by WPeMatico
Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks
The chairman of Korea’s financial regulator has affirmed that crypto exchanges should face no issues with banking provisions, provided they apply AML and KYC measures Go to Source Powered by WPeMatico
South Korea Cracks Down on Unauthorized Cryptocurrency Funds
South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. Also read: Yahoo! Japan Confirms Entrance Into … Read more
Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors
Bitstamp has been bought by South Korean investors — here’s how it might affect the company’s future Go to Source Powered by WPeMatico