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First Mover: Bitcoin Hits Record as `Blue Wave’ and `Kimchi Premium’ Look Bullish
6.1.2021
Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi premium' back in force
Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea
5.1.2021
Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market
Production of $2.7 Million-per-Episode: South Korean Crypto-Related TV Drama Series Is Set to Start in 2021
31.12.2020
A major South Korean TV series with crypto and blockchain-related topics is set to launch its production stage at the beginning of 2021, directed by Gemstone Film, in collaboration with firms in China and the United States. South Korean Crypto-Related TV Drama Series ‘Pumping Time’...
2020’s 5 countries friendliest to crypto and blockchain
30.12.2020
These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020
Binance to Exit South Korea, MoneyGram on Ripple + More News
24.12.2020
Source: Adobe/Negro Elkha (edited by Cryptonews.com)
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance is to shut down its South Korean operations with almost immediate...
Binance Korea to shut down exchange due to low trading volume
24.12.2020
Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity
Crypto Exchange Binance Terminates Korea Operations Due To Low Usage
24.12.2020
Cryptocurrency exchange Binance announced Thursday it is closing its Korea operations after eight months of operating due to low usage and volume
Korean crypto investment company launches $100 million fund for blockchain projects
23.12.2020
South Korea’s Hashed has established a new fund to finance emerging blockchain startups
Crypto, Blockchain Firms in South Korea, Switzerland Get Investment Boosts
23.12.2020
International crypto players are amassing capital ahead of a fresh assault on the markets in the new year – with major players in South Korea and Switzerland announcing investment injections worth millions of USD.
In South Korea, blockchain accelerator Hashed has announced that its Hashed Ventures...
South Korea’s Hashed Raises $120M Venture Fund for Crypto Deals
23.12.2020
Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks
Ethereum Developer Virgil Griffith Will Likely Face Trial Next September
23.12.2020
Ethereum developer Virgil Griffith is likely headed to trial on charges of violating international sanctions, after a Tuesday hearing where a federal judge clarified what's being argued
Bitcoin Booms, But No Return to the Kimchi Premium in South Korea
22.12.2020
Bitcoin (BTC) prices have been skyrocketing globally of late, but in one part of the world, crypto fever is not yet making its mark – or at least not to the extent that it did three years ago.
That place is South Korea, where 2017’s crypto bubble arguably peaked, amid reports of teenagers spending...
LG’s consulting arm joins KardiaChain mainnet validators
17.12.2020
Electronics giant LG is supporting a new Vietnamese blockchain initiative through its IT and consulting subsidiary
Thailand’s Largest Bank Snubs Ripple – Selects Stellar-based Blockchain for Cross Border Remittances
12.12.2020
In an apparent snub to Ripple, Thailand’s oldest bank, Siam Commercial Bank (SCB) is set to open a new cross border remittances corridor in partnership with Lightnet, a fintech company that uses the Stellar blockchain. SCB says the partnership opens the door for more efficient cross border...
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
12.12.2020
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked...
Korea Exchange to Scrutinize Crypto-related Stocks, Foul Play Suspected
10.12.2020
South Korea’s securities exchange operator Korea Exchange (KRX) will step up its monitoring of crypto-related stocks after a volatile few weeks for listed companies with links to the crypto industry.
Although no South Korean crypto exchange has yet gone public, a number of firms with crypto...
Execs from '99% fake' exchange face charges over market manipulation
9.12.2020
Police have charged Coinbit chairman Choi Mo and two unnamed executives with fraud and forgery related to market manipulation and prosecutors are preparing the case
How One Retailer Is Fighting PS5 Scalpers
8.12.2020
In South Korea, game retailer Gamewoori has a banner that reads, “Pre-Order Now” next to images of the PS5. The PS5 launched there on November 12, but like everywhere supplies are tight and hopeful customers still must reserve consoles from future shipments.Read more
South Korean Authorities Formally File Fraud Charges Against Coinbit’s Executives
8.12.2020
In South Korea, authorities have formally pressed fraud charges against the chairman of a major crypto exchange in the country, Coinbit, plus two unnamed executives of the firm. They are suspected of price manipulation. Coinbit’s Executives Formally Charged by South Korean Authorities...
Sadly, Atelier Ryza 2 Won't Get A PlayStation 5 Upgrade In South Korea
4.12.2020
Originally announced for the PlayStation 4, Atelier Ryza 2 is also coming to the PlayStation 5 via a free update. In South Korea, however, it’s not. Read more