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North Korea Has Amassed $2 Billion from Hacking to Feed is Weapon Program: UN Panel Reports
7.8.2019
North Korea is again in the limelight, but not for good reasons. As per the reports from the UN Panel, the huge scale cyber-attacks, hacking incidents, and crypto exploitation have brought a huge amount of money to North Korea. As per some sources, a UN Nations panel has alleged that the country...
North Korea Has Amassed $2 Billion from Hacking to Feed Its Weapon Program: UN Panel Reports
7.8.2019
North Korea is again in the limelight, but not for good reasons. As per the reports from the UN Panel, the huge scale cyber-attacks, hacking incidents, and crypto exploitation have brought a huge amount of money to North Korea. As per some sources, a UN Nations panel has alleged that the country...
The City of Seoul Will Create a Cryptocurrency for Citizen Rewards
6.8.2019
The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November
North Korea Stole $2 Billion in Crypto and Fiat to Fund Weapons Programs
6.8.2019
North Korea is funding its weapons of mass destruction via hacks of banks and crypto exchanges, says a confidential U.N. report
North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN
6.8.2019
UN: crypto hacks make big cash for North Korean gov’t
South Korean Fashion Platform Joins Terra Stablecoin Alliance
5.8.2019
South Korean fashion platform Sinsang Market has joined the ecosystem of the Terra Alliance, a stablecoin-focused association of large e-commerce companies
Local Gov’t Stablecoins Booming in South Korea
4.8.2019
A shining windmill in Ulsan, the seventh-largest city in the country, that is planning to launch its UlsanPay project. Cryptocurrency companies are pariahs in South Korea, where initial coin offerings and direct investment remain banned. But blockchain technology, which the government has earmarked...
Korea’s Shinhan to Offer Blockchain-Based Securities Lending
3.8.2019
A new brokerage account in South Korea will let investors lend securities on a blockchain
PR: bitHolla Releases Open Exchange Kit HollaExShell
24.7.2019
bitHolla, the company that builds customized cryptocurrency trading software is announcing the launch of its new product HollaExShell, an open exchange software package, giving anyone the ability to launch a full fledged crypto exchange from a command-line interface. HollaEx packages provided...
South Korean Financial Overseer Who Banned ICOs Abruptly Quits
23.7.2019
During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses
South Korea Estimates 2-Year Losses from Crypto Crimes at $2.3 Billion
22.7.2019
Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks
Trademark Troll? Someone Is Trying to Register ‘Samsung Coin’
19.7.2019
Someone in South Korea appears to be trying to take advantage of Samsung's blockchain efforts by nabbing the "Samsung Coin" trademark
Cryptofinancier Nexo Partners With Korea’s Terra to Create Loan Platform
17.7.2019
Singapore and Switzerland are joining forces to bring crypto lending to East Asia
Binance Eyes Launch of Crypto Exchange in South Korea
16.7.2019
Binance is "working with local partners" on the launch of a branch in South Korea, CEO Changpeng Zhao has reportedly said
Korea’s Biggest Credit Card Firm Wins Patent for Blockchain Credit System
15.7.2019
Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
Trademark Application Filed By LG For ThinQ Wallet
10.7.2019
Last year, several rumors were doing the rounds that LG, the globally renowned electronics company based in South Korea, is about to set foot in the crypto space. The latest reports seem to confirm the company’s crypto interests strongly. As per the reports, a trademark application has been filed...
Samsung Adds 6 dApps To Its Galaxy S10 Smartphone’s Blockchain Wallet
10.7.2019
The blockchain industry has become an exciting space to be in and seems like Samsung, the tech giant based in South Korea wants to make the most of it. As per the latest reports, the company has launched as many as 6 new decentralized applications (dApps) which will be added to its popular...
Hyundai Backed Blockchain Firm HDAC Partners With CasperLabs
9.7.2019
The blockchain firm HDAC technology having support from Auto giant Hyundai has recently partnered with blockchain startup CasperLabs to build and assimilate POS consensus protocol. The MoU for the same was signed at the end of June this year. As per the MoU agreement, both the companies with work...
Korea’s LG Launches Blockchain Supply Chain Platform for School Lunches
9.7.2019
LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches