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A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown Owner According to Fn News, six Bithumb customers […]Powered by WPeMatico
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked Stocks in South Korea According to Yonhap, Korea Exchange (KRX), through its KRX’s Market Oversights […]
The post Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading appeared first on Bitcoin News.
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South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May and July, Bithumb is the largest exchange in the country. According to a local […]
The post Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case appeared first on Bitcoin News.
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South Korea’s central bank is undertaking a CBDC pilot program, although it currently believes the need to issue a digital currency is slim
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The South Korean government has released the results of its security inspection of cryptocurrency exchanges. Only seven of them passed all 85 of the inspection points. Fourteen previously-inspected exchanges still have not improved and 17 new crypto exchanges did not meet security standards. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]
The post 7 Korean Cryptocurrency Exchanges Pass Government Security Inspection appeared first on Bitcoin News.
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Bitstamp has confirmed that it has been acquired by a European subsidiary of a South Korean corporation. Nejc Kodrič will remain the CEO of the exchange. The Korean group also owns gaming giant Nexon and Korbit, the country’s fourth largest crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitstamp Acquired The oldest […]
The post Bitstamp Confirms Acquisition by South Korean Company appeared first on Bitcoin News.
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South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Only Half As Much Crypto […]
The post Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers appeared first on Bitcoin News.
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The news of another hacked South Korean crypto exchange, widely blamed for the drops across the markets, is the main story in today’s edition of Bitcoin in Brief. Other subjects covered include a hospital where you can pay with tokens and a “blockchain” based cultural center established by a gangster. Also Read: Women’s Interest in Crypto […]
The post Bitcoin in Brief Monday: Korean Exchange Hack Takes a Toll on Crypto Markets appeared first on Bitcoin News.
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The number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto exchange roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space South Korea’s Coinbit South Korean game developer Axia Soft Co. Ltd. has recently launched a crypto exchange called Coinbit. […]
The post New Crypto Exchanges Open in Korea, Thailand, Vietnam, and the Philippines appeared first on Bitcoin News.
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Korean crypto exchange Bithumb is entering the retail kiosk business to accelerate crypto adoption in the country. These order-taking and payment facilitating kiosks will be placed in restaurants and cafes for customers to browse menus, place orders and pay for food. Cryptocurrency will be among the payment options. Also read: Japan’s DMM Bitcoin Exchange Opens for […]
The post Bithumb Launching Kiosks at Restaurants for Food Orders and Crypto Payments in Korea appeared first on Bitcoin News.
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