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Former Credit Agency Staffers Form Korean Blockchain Rating Firm
27.9.2019
With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed
South Korean Conglomerate CJ Group with Amazon’s Blockchain Develops Music Copyright System
23.9.2019
One of the largest conglomerates of South Korea, CJ group is planning to develop a music copyright blockchain management system with the help of AWS’ Amazon managed blockchain service. In a report, the news agency of Korea, Yonhap said that the subsidiary of the parent company CJ Group,...
Five Major South Korean Banks Join JPMorgan Blockchain Project
23.9.2019
Five of South Korea’s biggest banks have joined JPMorgan’s cross-border, blockchain-powered payments initiative, the Interbank Information Network (IIN). The network operates on Quorum, a platform based on the Ethereum blockchain.
According to an Fn News report, KEB Hana Bank, Shinhan Bank, Woori...
Korean Conglomerate CJ Develops Blockchain for Music Copyright
20.9.2019
CJ, one of South Korea's largest conglomerates, is developing a blockchain-based music copyright management system
North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
19.9.2019
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...
Survey: 74% Understand that Crypto is Money + 7 More Crypto Briefs
18.9.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The seventh ING International Survey on new technologies found that general attitudes towards the usefulness...
FATF-Driven Delistings Capture the Criminalization of Privacy
17.9.2019
The delisting of privacy coins like monero, zcash, and dash is becoming something of a trend in Asia, and could soon expand elsewhere. In the wake of the intra-governmental Financial Action Task Force (FATF) issuing new global standards, Korean exchanges Okex and Upbit have announced they will...
Samsung & Other S Korean Companies Make Blockchain, Crypto VC Push
17.9.2019
Some of South Korea’s biggest companies are investing in domestic blockchain and cryptocurrency startups – with the Seoul government also looking to get in on the action.
Although it may come as no surprise to hear how keen on blockchain the likes of Samsung, Kakao and LG are, all three companies...
OKEx Korea Axes Privacy Coins as South Korean Purge Intensifies
16.9.2019
The South Korean branch of cryptocurrency exchange OKEx says it will delist five privacy coins as of October this year, saying they “violate regulatory laws.”
The exchange announced that it will delist Monero, Dash, ZCash, Horizen and Super Bitcoin as of October 10, and has set a December...
U.S. Sanctions North Korean Hacking Groups for Supporting illicit Weapon and Missile Programs
15.9.2019
Recently, the U.S. has sanctioned three elements it blamed for executing cyber attacks in the interest of the North Korean government to help Pyongyang’s “illicit weapon and missile programs.” Further, the operation might focus on the Bluenoroff, Lazarus Group, and Andariel,...
US Treasury Sanctions North Korean Hacker Groups for Cyber Attacks
13.9.2019
The US Treasury announces sanctions against three North Korean state-sponsored hacker groups responsible for cyber attacks
Delistings: More S Korean Exchanges ‘Clear Out’ Low-performing Cryptos
12.9.2019
It seems that a “token clear-out” is getting traction as more South Korean exchanges look to delist under-performing cryptocurrencies.
Huobi Korea has become the latest exchange in the country to announce it will implement a new delistings policy. The company says it will assess the tokens it lists...
Major South Korean Mobile Carrier Launches Blockchain Project
11.9.2019
South Korean mobile carrier Union Mobile announced the launch of its blockchain platform and accompanying token
LG Developing a Blockchain Phone in Response to Samsung: Korean Media
9.9.2019
LG already preparing blockchain competitor to Samsung’s Klaytn Phone
PR: Hashcube Announces Bitcoin Mining Investment Forum in Thailand
8.9.2019
Hashcube, a Korean Bitcoin miner retail and mining company, is proud to present Thailand’s first ever bitcoin mining investment forum on 21st September at the Amari Watergate Bangkok.
Together with large players from the crypto-industry such as Bitkub, BTC.com, Coolbitx and Cryptomind, we’re...
SM Entertainment Plans to Introduce its own Cryptocurrency
6.9.2019
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...
Korean Crypto Exchanges Plan to Adopt FATF Rules for Regulatory Control
4.9.2019
Cryptocurrencies are fast emerging as a secured and potential substitute to fiat currency. The high risks associated with the digital currency have put it under the scrutiny of the financial experts. Recently, the chief of South Korea’s reputed cryptocurrency exchange Upbit said that the leading...
‘Regulation, Funding and Uncertainty’ Rock S Korean Blockchain Market
2.9.2019
South Korea’s blockchain industry is experiencing teething issues – while only 20% of domestic blockchain-related companies are actually selling anything, per reports.
While some of the country’s biggest IT giants and banks forge away with big-name blockchain products and services this year...
South Korean ArtBloc to Sell David Hockney Paintings via Blockchain
31.8.2019
South Korean project ArtBloc to sell David Hockney paintings using blockchain
Popular Korean Game Maker Partners With Linka for Blockchain Payments
29.8.2019
Wemade is fighting back against IP pirates by adopting blockchain technologies