Saturday, June 23, 2018
Tags South Korea

Tag: South Korea

Crypto exchange Bithumb hacked, thieves steal $30m

South Korean cryptocurrency exchange Bithumb has become the latest trading platform to fall prey to a security breach, losing $30 million from the theft. Read more: www.ccn.com

South Korean banks to use blockchain-based ID verification

South Korea is reportedly launching a new blockchain-based ID verification system for domestic commercial banks. Read More: regtechanalyst.com

Viva Republica closes $40m funding from GIC, Sequoia China

South Korean-based Viva Republica has secured $40m in funding from GIC and Sequoia China. Read more: fintech.global

South Korea makes official proposal to lift ICO ban

Nearly eight months after a blanket ban on initial coin offerings (ICOs), South Korea’s National Assembly has reportedly made an official recommendation Read more: www.ccn.com

South Korea will focus ‘positive aspects’ of crypto

South Korean regulators and officials are likely to relax their approach to regulating cryptocurrencies, starting with classifying them as ‘financial assets’. Read more: www.ccn.com

Korea’s largest crypto exchange UPbit raided by authorities

Korea's biggest cryptocurrency exchange is being investigated by the local authorities which has led to crypto prices decline. Read more: www.coinspeaker.com

South Korea bill pushes legalisation of ICOs after 2017 ban

Join our community of 10 000 traders on Hacked.com for just $39 per month. A group of lawmakers led by a politician from Korea’s ruling political, Read more: www.ccn.com

Starbucks brings mobile ordering through Bixby

Starbucks Coffee Korea Co. is launching voice ordering through Bixby, becoming the first retailer to use Samsung's voice assistant for orders and payment. Read more: www.pymnts.com

Korean crypto exchange executives detained for embezzlement

South Korean authorities have reportedly detained four executives from two cryptocurrency exchanges in relation to the alleged embezzlement in the billions. Read more: www.ccn.com

Line to launch South Korean blockchain subsidiary

Japan-based social messaging platform Line is launching a blockchain-focused subsidiary in South Korea. Read more: www.coindesk.com