Tag: South Korea

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Why choosing blockchain?
2018-09-21 0 15
The blockchain technology is a real innovation of the 21stcentury. It attracts a huge number of investors, representatives of business circles and ordinary people from all around the world. Blockchain can ...
South Korean new set of regulations
2018-06-29 0 12
According to a press release issued this week, South Korea’s chief financial regulator issued a series of revised anti-money laundering guidelines (AML) for virtual currencies. The press release notes that ...
South Korean ban of the ICOs might come to end soon
2018-05-30 0 16
The ban on Initial Coin Offerings (ICO) in South Korea can be canceled in view of the official recommendation issued by the special committee of the National Assembly for the ...
South Korean exchange UPbit is accused in fraud
2018-05-11 0 15
The authorities of South Korea accuse the country’s largest cryptocurrency exchange UPbit in fraud. The Prosecutor’s Office of the Southern District of Seoul visited the company’s headquarters on May 10 and ...
The largest hotel reservation service in South Korea will start accepting cryptocurrencies
2018-03-11 0 12
The platform Yeogi Eottae, whose name translates as “What do you think about this place?”, is the country’s largest online hotel booking service. Cooperation with Bithumb, most likely, will allow ...
Samsung is creating chips for mining
2018-01-31 0 13
Samsung Electronics is following the trends and started to produce chips for a Chinese company to mine cryptocurrencies. It’s expected to beat off expenses till the end of this year.  Samsung ...
No more anonymous crypto traders!
2018-01-24 0 17
Starting from the 30th of January, South Korea prohibits the usage of anonymous bank accounts in crypto trading. This step was taken to stop the money laundering with the help ...
South Korea will tax its cryptocurrency exchanges
2018-01-23 0 13
On January 22, the government of South Korea has officially informed its citizens that it plans to collect corporate tax, which is 22%, according to South Korean law. What is ...
ICOs help startups raise billions
2018-01-22 0 14
Initial coin offering (ICO) is in a great demand among startupers. Both promising companies and scrammers use this  contentious method to raise capital for building or promoting their products. But ...
More than 200 000 South Koreans signed the petition against crypto regulation 
2018-01-17 0 16
On January 16, a petition against the regulation of cryptocurrency industry in South Korea gathered more than 200 000 signatures (212 700 signatures), and, according to the national law, the ...
  • bitcoinBitcoin$3,688.04
  • rippleXRP$0.327382
  • ethereumEthereum$123.16
  • tetherTether$1.00
  • eosEOS$2.45
  • stellarStellar$0.107137
  • litecoinLitecoin$32.19
  • cardanoCardano$0.045548
  • tronTRON$0.024255
  • moneroMonero$45.43
  • iotaIOTA$0.315697
  • nemNEM$0.057062
  • dashDash$71.85
  • neoNEO$8.00
The complexity Bitcoin mining is growing
As a result of the next recalculation of the complexity of mining Bitcoin on the night of January 14, this figure increased by almost 5%. The complexity of mining is a parameter of the blockchain network, which shows how difficult it is to perform a mathematical calculation to find a new unit and, accordingly, to […]
2019-01-18 0 5
Bitcoin volatility fell by 98% over the year.
Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, this figure was $ 3,468, then a year later – only $ 61, notes CoinDesk Markets analyst Omkar Godboul. The daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was […]
2019-01-17 0 8
Will Ethereum hard fork Constantinople be launched this week?
Ethereum, one of the largest and most influential blockchains in the world, is planning to improve its code in the near future. A massive system upgrade, or hardfork, called “Constantinople” will include a number of technological improvements called to enhance practicality and the architecture of smart contracts. The Ethereum community will make a final decision […]
2019-01-15 0 31
The Brit​ish citizen was trying to buy a gun with cryptocurrency
David Mitchell, a 48-year old British citizen, was arrested by the US police after an attempt to purchase a gun with cryptocurrency via the dark web. Mr. Mitchell was planning to buy a Glock 9mm pistol which costs around £2,000. The man explained to the court that he was curious whether it is possible to […]
2019-01-14 0 18
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