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Upbit investor stock price surges three-fold amid bullish crypto trading in South Korea
7.4.2021
A minority investor in a major South Korean crypto exchange is currently the best performing stock in the country
Kimchi premium collapses: Short-term top signal or a reset for Bitcoin?
7.4.2021
South Korea's Kimchi premium collapsed overnight, but it is likely not a sign of a short-term Bitcoin top
North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report
7.4.2021
A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers...
CoinMarketCap removes South Korea crypto exchanges from Bitcoin price tracker
6.4.2021
“If the prices on South Korean exchanges stabilize, then we will add the data back in, but that hasn’t happened yet,” said a CoinMarketCap spokesperson
Jižní Korea chce do roku 2030 přistát na Měsíci. Doufá v partnerství se SpaceX
6.4.2021
Prezident Jižní Koreje Mun Če-in předminulý týden oznámil, že jeho země chce vypustit raketu, která na Měsíc dopraví robotický lander. A to ideálně do roku 2030.
V projevu předneseném 25. března v Naro Space Center v Goheung-gun hlava státu představila plány na rozvoj vesmírného programu. Ty se
South Korea’s Kimchi Premium Returns: BTC and ETH Prices Jump 18% Higher Than the Global Average
6.4.2021
While a great number of spot exchanges have seen consistent prices in a few select areas in the world, bitcoin is selling for a premium. That’s the case in South Korea right now as there’s a price gap, otherwise known as the ‘kimchi premium’ on domestic South Korean...
Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?
4.4.2021
Is a surging premium in South Korea a top signal or a sign that the Bitcoin rally is only getting started?
Japanese Regulator Aims to Implement FATF Rules Toward Crypto Companies in 2022
3.4.2021
Japan’s Financial Services Agency (FSA) has revealed that the regulating body will adopt the Financial Action Task Force (FATF) “travel rule” and standards toward the cryptocurrency industry throughout the nation. Meanwhile, FATF’s rule has been considered far-reaching...
Independent Local Stablecoin Booming in South Korea’s Buyeo
2.4.2021
Statue of the Lying Buddha of Miamsa Temple in Naesan-myeon, Buyeo-gun, South Korea. The circulation of a local stablecoin operated by South Korea’s Buyeo County has exceeded the USD 93m mark as the county looks to expand the use of its token.
Per Kuki News, the county has enabled near-field...
South Korean gov't makes $10.5M profit from 4-year-old Bitcoin crime haul
1.4.2021
The coins languished in cold storage for four years after being confiscated by authorities during an arrest
South Korea will use blockchain to prevent counterfeit vaccine passports
1.4.2021
Blockchain technology is being used to cement confidence in the integrity of new health surveillance measures such as COVID-19 vaccine passports
South Korea to launch blockchain-based vaccine passports
1.4.2021
The Prime Minister of South Korea has announced a blockchain-based vaccine certificate will launch later this month, but the concept has proven controversial across the world
Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
31.3.2021
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem...
South Korea's 'Kimchi premium' is back: Is the Bitcoin rally starting to heat up?
29.3.2021
Demand for Bitcoin in South Korea is heating up as the country's BTC premium rises over 5%
South Korea Crypto Scammers Targeting People in Their 50s & 60s
27.3.2021
Source: Adobe/jon_chica
“Crypto” fraudsters in South Korea are increasingly preying on citizens in their fifties and sixties, a new report has found, with crypto-flavored multi-level marketing (MLM) schemes now running wild.
Per EDaily, the regulatory Financial Supervisory Service (FSS) says there...
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
Livepeer Token Surges After Grayscale Investment Announced Creation of Trust to Invest in LPT
25.3.2021
Following the announcement by Grayscale Investments that it will be offering a trust that invests in Livepeer’s LPT, the token surged from just over $6 on March 17, 2021, to an all-time high (ATH) of $32.35 on March 21. LPT’s Four Day Surge The token’s four-day rally briefly...
Sales and Income Rocket at South Korea’s Biggest Crypto Exchanges
25.3.2021
South Korean crypto exchanges are having a bumper 2021, with sales and income figures rising through the roof at the nation’s two largest trading platforms.
Per Herald Kyungjae, recently released data from Vidente, a minority shareholder in the market-leading Bithumb exchange, showed that...
South Korea faces strict crypto regulation and fears of centralization
24.3.2021
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country
OKEx Leaves Korea, Overconfident Crypto Investors + More News
23.3.2021
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
OKEx will close its South Korean OKEx Korea branch after conceding defeat in the race to implement exhaustive banking, anti-money...