South Korea

South Korea Telecoms Giant Ramps Up Blockchain Roaming Deal With China

South Korea’s largest telecoms provider, KT Corporation, is boosting a partnership with China Mobile targeting blockchain technology and 5G roaming.…

South Korean Startup Claims to Have Solved Blockchain’s Speed Problem

The South Korean-based firm Bloom Technology announced that they have created a new technology that is able to speed up…

UpBit Hack: Stolen ETH Worth Millions on the Move to Unknown Wallets

One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit is moving millions of dollars…

Kakao to Launch Browser Extension Wallet for Klay Crypto Before Dedicated App

Coming up first, however, will be a limited-feature browser extension for the wallet which will offer basic crypto storing and…

UpBit Promises Swift Reimbursement, Theories Over Missing Funds Swell

On Nov. 27, major South Korean cryptocurrency exchange UpBit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were…

Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO

Yeo Min-soo, the CEO of South Korean internet giant Kakao, said that his firm’s Klaytn blockchain is similar to Facebook’s…

Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator

Following the theft of 342,000 Ether (ETH) ($50 million) from major South Korean crypto exchange Upbit, some commentators have suggested…

BREAKING: Crypto Exchange UpBit Confirms Theft of 342,000 Ether — $50M

Major South Korean cryptocurrency exchange — run by a subsidiary of Korean tech giant Kakao — has notified users of…

South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies

South Korea’s National Assembly is progressing a bill that will provide a legal basis for cryptocurrencies in the country. The…

China’s Dive Into Blockchain, Digital ID Spurs Rest of World to Action

News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019,…

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