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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
PR: TRCE – Crypto Exchange Set To Launch In Q4 2019
3.6.2019
The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing...
Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash
2.6.2019
Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many Venezuelan...
G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments
1.6.2019
The FSB urges regulators to stay on top of risk management policies for the rapidly-changing cryptocurrency space
UpBit Exchange Phishing Email Scam Came From North Korea, Source Claims
31.5.2019
Hackers from North Korea were reportedly behind a phishing scam targeting users of South Korean cryptocurrency exchange UpBit
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
South Korea Finds Itself in a Tough Spot Following Huawei Ban
29.5.2019
The banning of Huawei by the United States has sparked off a meltdown in the markets, but it has also made life uncomfortable for a range of countries which fear diplomatic awkwardness due to the issue. South Korea is one such nation, and currently, the Asian country finds itself in a tough spot...
G20 Countries to Follow FATF to Devise Integrated Crypto Standards
29.5.2019
The assembly of 20 biggest economies of the world, G20, has decided to announce regulations on cryptocurrencies to counter financial terrorism and money laundering in their last meeting. The members are now discussing how to devise the standards that were set by the FATF as the next G20 summit...
G20 Countries Start Implementing Unified Cryptocurrency Standards
29.5.2019
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...
South Korea’s Bitcoin Trading Volumes on LocalBitcoins Reach New Record Levels
28.5.2019
Bitcoin trading volumes in South Korea have recorded record highs on P2P exchange LocalBitcoins
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
The Growing Demand For Chocolates-Producers In A Fix To Meet The Market Needs
28.5.2019
The largest producers of the cocoa bean, Malaysia and Indonesia are forced to import more from South America and Africa to meet the growing demand for chocolates in the Asian countries. Peter Jasman, the chairman of Indonesia’s Cocoa Industry Association, mentions that top producers, like...
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 Korea Convenes Pan-Governmental Meeting Amid Concern Over Crypto Market Spike
28.5.2019
A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s crypto space amid the recent sharp uptick in crypto valuations
South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
28.5.2019
Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products.
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...
Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
27.5.2019
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process