South Korea

South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets

The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange…

Crypto Exchanges Collaborate With Bithumb to Freeze Stolen Funds After Major Hack

In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While…

South Korean Crypto Exchange Coinnest Shutters Services

South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, according to a pop-up announcement…

Coinbase Expands Crypto-to-Crypto Services to 11 More Countries

Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog…

South Korea’s Telecom Giant KT Launches DLT-Powered 5G Brand to Prevent Hacks

KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea…

South Korea: Bithumb Exchange Operator Gains $200 Million From Japanese Investment Fund

The parent company of major South Korean cryptocurrency exchange Bithumb has received $200 million in funding from Japan’s ST Blockchain…

Indian IT Giant Tech Mahindra to Use Samsung’s Nexledger Blockchain: Local Media

Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas…

Crypto Exchange Bithumb Posts $180 Million Loss for 2018

Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018. CoinDesk…

South Korean Universities Partner to Create Blockchain Campus With In-House Crypto

Two South Korean universities will develop an entire Blockchain Campus with its own cryptocurrency, local English-language daily news outlet Business…

Bithumb Announces External Audit Results in Wake of $13 Million Hack

South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month,…

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