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U.S. Agents to Hunt North Korean Crypto Hackers + 14 More Crypto News
23.10.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Security news
The United States National Security Agency has launched a new cybersecurity unit – with staff members who...
800+ South Korean Companies Dealing in Crypto Despite ‘Dead’ Market
22.10.2019
South Gate of Seoul. Over 800 South Korean companies are doing business in cryptocurrencies, per figures compiled by the regulatory Financial Supervisory Service (FSS).
Aju News reports that a parliamentary committee asked the FSS to reveal how many companies in the country had corporate...
Major Korean Banks Join Government-Backed Blockchain ID Initiative
21.10.2019
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data
South Korean Trade to Venture into Blockchain by 2021, Says Government
16.10.2019
South Korean Trade finance is about to take a leap in the blockchain according to the news by the local press. The government is on a spree to consolidate a foundation for seamless digital trade, at the same time cutting down the blockchain costs by around 90%, with introducing blockchain...
New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021
16.10.2019
South Korea establishes a digital trade foundation to digitize trade financing by 2021
Small Crypto Exchanges ‘Low-hanging Fruit’ for North Korean Hackers
15.10.2019
A South Korean security expert says he is “unsurprised” by allegations that hackers from the North have developed a so-called “fake crypto app” that allows them to seize control of computers. The expert says Pyongyang cyber-criminals are becoming more “technologically adroit” in their methods...
N. Korean Hackers’ New MacOS Malware Hides Behind Fake Crypto Firm
14.10.2019
North Korea’s Lazarus APT Group hackers have created another malware targeting macOS crypto users
Token Investors May Sue After Former Korean Social Media Giant Shuts Down
14.10.2019
A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token
South Korean Blockchain Startup Raises $8M for Identity Authentication
11.10.2019
Iconloop has secured over $8 million to launch its my-ID service and promote a dedicated alliance
South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes
7.10.2019
Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes
Major South Korean Store Chain Supports Blockchain Payments App
7.10.2019
Major South Korean convenience store chain CU will now accept a payments app based on the Terra blockchain
South Korean Court Issues Landmark Decision on Crypto Exchange Hacking
1.10.2019
The Seoul court ruled that a hacking is not the responsibility of an exchange but a transfer of funds is
South Korean Exchange Upbit Ends Orderbook Partnership With Bittrex
27.9.2019
Upbit reorganizes BTC, ETH markets, and ends Bittrex partnership
South Korean Court: Exchange Must Cover User’s Stolen Cryptocurrency
27.9.2019
A district court in Seoul has ruled that cryptocurrency exchange CoinOne must partially cover an investor’s hacked funds
Former Credit Agency Staffers Form Korean Blockchain Rating Firm
27.9.2019
With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed
South Korean Conglomerate CJ Group with Amazon’s Blockchain Develops Music Copyright System
23.9.2019
One of the largest conglomerates of South Korea, CJ group is planning to develop a music copyright blockchain management system with the help of AWS’ Amazon managed blockchain service. In a report, the news agency of Korea, Yonhap said that the subsidiary of the parent company CJ Group,...
Five Major South Korean Banks Join JPMorgan Blockchain Project
23.9.2019
Five of South Korea’s biggest banks have joined JPMorgan’s cross-border, blockchain-powered payments initiative, the Interbank Information Network (IIN). The network operates on Quorum, a platform based on the Ethereum blockchain.
According to an Fn News report, KEB Hana Bank, Shinhan Bank, Woori...
Korean Conglomerate CJ Develops Blockchain for Music Copyright
20.9.2019
CJ, one of South Korea's largest conglomerates, is developing a blockchain-based music copyright management system
North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
19.9.2019
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...
Survey: 74% Understand that Crypto is Money + 7 More Crypto Briefs
18.9.2019
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.
Adoption news
The seventh ING International Survey on new technologies found that general attitudes towards the usefulness...