Tag Archives: Korean

Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy

n nn nn Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company.Business Korea reported on Coinbins recent failure, claiming that the company had lost $ 26 million as a result of theft and the subsequent bankruptcy declaration. Coinbins CEO Park Chan-kyu claimed that the move was due to a rise ...

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US ETF Ruling to Inform South Korean Cryptocurrency Market

Local media has reported that a South Korean exchange is waiting for regulators in the United States to make a ruling regarding the highly anticipated Vaneck cryptocurrency exchange-traded fund (ETF) before determining its stance pertaining to virtual currency ETFs. Also Read: Markets Update: Altcoins Gain on BTC Exchange Awaits US Ruling to Develop ETF Policy A report published by The ...

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Korean Telecom Giant KT to Launch Blockchain-as-a-Service Platform in March: Report

Report suggests BaaS platform is next blockchain project for South Korea’s telecoms giant, KT Corporation Cointelegraph.com News

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Second-Largest Korean Political Party to Implement Blockchain for Member Processes

To make the politics more transparent and fair, a South Korean conservative party aims to implement the use of blockchain technology Cointelegraph.com News

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Second-Largest Korean Political Party to Implement Blockchain for Member Processes

n To make the politics more transparent and fair, a South Korean conservative party aims to implement the use of blockchain technologyn CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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The Daily: New Institutional Crypto Wallet, Korean Won Stablecoin

In today’s edition of The Daily, we feature a couple of new offerings in the cryptocurrency market including a wallet made for exchanges and token issuers as well as the latest fiat-backed stablecoin. Additionally covered are an exchange that underwent an auditor’s inspection and a crypto CFDs provider that got FCA authorization. Also Read: Wikipedia Now Accepts Bitcoin Cash Donations ...

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South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin

South Korean fintech firm BxB has launched a 1:1 won-backed stablecoin Cointelegraph.com News

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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

n nn nn Several of South Koreas top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time.According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating ...

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