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S Korean Crypto-Pay Company Dragged into Mega Burning Sun Scandal
13.6.2019
Seungri. Source: a video screenshot, Youtube/CNBC Indonesia
A South Korean cryptocurrency payments platform Nupay is the latest company to be pulled into the aftermath of the long-running major Burning Sun K-pop drug, sex and prostitution scandal.
The scandal originated with a police investigation...
Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management
11.6.2019
Major South Korean commercial lender KB Kookmin Bank has signed an MoU with blockchain technology firm Atomics Lab to jointly explore digital asset management solutions
Every Game This South Korean Startup Makes Has Its Own Blockchain
5.6.2019
If you have ten games then you need ten blockchains says Planetarium's CEO Kijun Seo
South Korean Post Teams Up With Crypto Exchange to Apply Blockchain
5.6.2019
South Korea’s national postal service Korea Post teamed up with cryptocurrency exchange Coinplug to apply blockchain technology in its billing system
South Korean Company ICON Has Stepped Into Strategic Partnership With Chain Partners
5.6.2019
On 4th June ICON announced about the ‘strategic partnership’ with Chain Partners on Twitter. The objective of this partnership is to build a “healthy blockchain ecosystem,” which will surpass the ICON’s DApp ecosystem, as per the Twitter post. One can guess the excitement of the audience by the...
Top South Korean Utility to Co-Develop Blockchain System for Renewable Energy Certificates
4.6.2019
South Korea’s top power provider has signed a contract with two domestic power suppliers to create a blockchain-based system for Renewable Energy Certificate transactions
North Korean Hackers Eyeing Cryptocurrencies of South Korean Users
31.5.2019
North Korean hackers aimed the major South Korean digital currency exchange Upbit through a phishing strike as per the report surfaced. A cybersecurity company, East Security released the information. As per the company reports, the hackers targeted the user of Upbit through phishing email on...
North Korean Hackers Target UpBit’s South Korean Users
31.5.2019
North Korean hackers have been using a familiar phishing tool to steal UpBit customer details
60% of S Korean Smartphone Users to Gain Blockchain Platform Access
30.5.2019
Millions of South Korean telecom customers are to be granted access to a blockchain platform that will let them share and verify college graduation certificates, academic records and proof of employment certificates directly from their phones.
Two of the country’s three major telecoms providers...
Korean Government Plans Action Over Risks of Resurgent Crypto Market
28.5.2019
With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors
South Korean Government Talks of ‘Overheated’ Market as Cryptos Soar
28.5.2019
Souce: iStock/SeanPavonePhoto
The South Korean government has held meetings with ministries to address skyrocketing cryptocurrency prices, while trading volumes rise quickly at domestic exchanges.
Per media outlets Kyunghyang Shinmun and SBS CNBC, the meetings have involved the finance ministry...
South Korean Won Gets Hammered With Increase In Foreign Investments
27.5.2019
The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...
S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’
27.5.2019
South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans.
The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...
South Korean Gov’t Announces Second Study Group for Blockchain Regulations
22.5.2019
The South Korean government is running a second study on blockchain regulations, examining applications in logistics, healthcare, finance and energy
South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June
14.5.2019
The mainnet of Kakao’s blockchain platform Klaytn is set to launch in June of this year