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SM Entertainment Plans to Introduce its own Cryptocurrency


SM Entertainment is one of Korea’s best pop talent companies, now planning to launch its in house blockchain initiative. The initiative is going to take the form of a native cryptocurrency, given the protests from the shareholders and a plunge in falling stock price. The technology director...

Are South Korean Exchanges Preparing a Delistings Purge?


South Korea’s biggest exchanges are looking to slim down their listings – with a slew of delistings possibly on the cards at the country’s “big four” platforms. Per a report from Fn News, Upbit is set to delist the Sphere (SPHR), Edgeless (EDG) and Guppy (GUP) cryptocurrencies, and will likely...

Bithumb Exchange Is Launching Listing Committee for Cryptocurrency


South Korean crypto exchange Bithumb to roll out a new committee in September. The committee will monitor the markets and decide which cryptocurrencies are feasible to trade online As per the reports, the committee came into motion on Aug. 22. This committee will keep a check on the listings of...

Samsung Adds Bitcoin Support to Its Blockchain Keystore


On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20...

Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain


Etihad Airways. A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations. In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment...

South Korean Cities May Reward Cyclists with ‘Token’ Incentives


Local governments across South Korea could be set to hand out “blockchain-powered tokens” to cyclists who use city-run bike-sharing programs. Per media outlet NBN, a number of governing authorities in some of South Korea’s most populous cities – including Seoul, Busan and Incheon – are now looking...

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