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Nalezeno "korean": 1715

Korean ICO Project Shuts Down, Says ‘Negative Perceptions’ of Crypto Made Business Impossible

19.2.2020
Contents Protocol will refund approximately $7.5 million-worth of ether back to investors

South Korean Startup Contents Protocol Team Announces Closure

19.2.2020
Contents Protocol Team, a South Korea-based startup firm, has shocked the crypto community by announcing that it has decided to stop its operations in the country and shall be refunding the investors in the near future. The sudden announcement has taken the firm’s investors in a blow as the firm...

Korean ICO Contents Protocol Shuts Down, Will Return $7.5M to Holders

19.2.2020
South Korean ICO project Contents Protocol will return the majority of its initial funds to token holders

South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’

18.2.2020
South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country. News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating, “Banks in South Korea cannot...

New Report Finds North Korean Mining of XMR Increased Tenfold in 2019, Online Activity 300%

13.2.2020
A report published by cybersecurity organization Insikt Group claims internet use in North Korea has grown significantly in the past three years. The group cites a “300% increase in the volume of activity to and from North Korean networks since 2017,” and part of this activity involves...

North Korean Internet Use Spikes 300% as Regime Turns to Cryptocurrencies

11.2.2020
According to a new report, North Korean internet usage is up as state actors use it as a means for raising revenues and skirting sanctions

North Korean Hackers Created Realistic Trading Bot to Steal Money

5.2.2020
North Korean hackers created a realistic trading bot website to phish DragonEx employees

South Korean Bankers, Crypto-advocates Hope to Drive Crypto Tax Law

4.2.2020
South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul. Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association,...

Politician to Form Blockchain-powered Party + More News

3.2.2020
National Assembly Building in Seoul. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Former presidential candidate, tech entrepreneur and leading South Korean...

China Worries Driving South Korean Central Bank to CBDC Research

3.2.2020
The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers. The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what...

New Law May Kill Smaller South Korean Crypto Exchanges + More News

28.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Smaller South Korean exchanges could be forced to close if the government pushes ahead with plans to impose tighter...

South Korean Army to Use Blockchain-powered ID Solution + More News

22.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Cryptocurrency news A South Korean blockchain authentication solution developed by a private company will be adopted by...

South Korean Bankers 'Fear' Starbucks Crypto Threat

21.1.2020
A report from South Korea claims that bankers in the country are concerned about the rise of an unexpected crypto threat – American coffee shop chain Starbucks. Per the Korea Times, banking professionals have theories about the company’s digitization plans, and worry that they will fall behind when...

Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea

20.1.2020
Bitcoin Cash has been added to Mecon Cash’s M.Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place...

Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax

17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...

Anxious S Korean Crypto Exchanges Prepare for Crunch Talks with Banks

16.1.2020
Source: iStock/ma-no Nervous South Korean cryptocurrency exchanges are preparing to renew their banking deals with domestic banks – with media reports claiming exchanges are feeling “pessimistic.” Per Newsway, the country’s “big four” exchanges, the market-leading Bithumb, Upbit, Coinone...

South Korean Firms Use Blockchain Technology To Safeguard Online Gaming

16.1.2020
Leading tech startup Bloom Technology and game studio Bluside have announced the news about their collaboration focused on employing the expertise of blockchain technology to the new Kingdom Under Fire game. The two reputed South Korea-based firms have teamed up to infuse blockchain technology into...