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Leaked Data Outs Bitcoin Investment Company as Scam: Founders Deny the Allegations
22.9.2020
A South African group calling itself “Anonymous ZA” has published fresh information that seemingly supports long-standing allegations that Mirror Trading International (MTI), an ostensible bitcoin investment company, is running a multi-level marketing scam. The new information, which...
South Australian food and wine tracing platform teams up with Hedera
22.9.2020
The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph
Blockchain Gaming Hits Another NFT-related Hitch in South Korea
22.9.2020
Source: Twitter/@SkypeopleMaster
Blockchain, gaming and crypto advocates are bracing for the worst after the South Korean video game censor issued an ominous delay for ratings on another blockchain gaming title – over apparent non-fungible token (NFT)-related concerns.
Per iNews24, the regulatory...
South Korean Crypto Exchanges Search for ‘Seamless’ AML Solutions
19.9.2020
With just months to go before new legislation comes into force requiring all of South Korea’s crypto exchanges to implement strict anti-money laundering (AML) policies, the race is now on to adopt solutions ahead of time – and avoid falling foul of the law.
So which AML solutions are South Korean...
Police summon Bithumb chairman for questioning over alleged fraud
18.9.2020
Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in
South Korean Police Seize Shares From Major Bithumb Shareholder
18.9.2020
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows...
Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is
18.9.2020
Is Busan a "blockchain city" in name only?
South Korean gov pledges to bring blockchain voting into people’s homes
16.9.2020
Blockchain could soon be integrated into South Korean apartments
South Korean police seize Bithumb shares in third raid this month
16.9.2020
The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman's shares
South Korea to Fund Blockchain-powered Platform for Apartment Dwellers
16.9.2020
The South Korean government has pledged USD 1.27m in funding for a contact-free, blockchain-based services platform for apartment residents in the country – which operators say will allow residents to take part in electronic voting, manage parking spaces, and more.
Per ZDNet Korea, the South Korean...
Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa
15.9.2020
A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and President Cyril Ramaphosa....
From open arms to full bans: The latest on crypto regulation in Asia
13.9.2020
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation
A Gov official in South Korea proposed the nation’s first blockchain voting platform
12.9.2020
This region in South Korea may adopt a blockchain voting system
South Korean exchange traffic has risen sharply since June — Is this why?
11.9.2020
The boost may come down to the popularity of one specific token
South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
10.9.2020
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand...
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
Ukraine, Russia, South Africa, Nigeria Among Top Countries by Cryptocurrency Adoption
9.9.2020
Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the U.S. are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis. Countries With Highest Crypto Adoption Chainalysis’...
Crypto meetups are dangerous to health and wealth, South Koreans warned
9.9.2020
The warning is not just because of the coronavirus pandemic
Bithumb Exchange’s Offices Raided Again by Korean Authorities: Report
8.9.2020
Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation