South Korea

Samsung SDS Partners With Tech Mahindra for a New DLT Product

Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based…

New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021

The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using…

South Korea Aims to Put Trade Finance on the Blockchain by 2021

Trade finance in Korea is headed to the blockchain according to a CoinDesk Korea story and other local press reports. The…

Token Investors May Sue After Former Korean Social Media Giant Shuts Down

A once hugely popular social media site, Cyworld's abrupt closure brings uncertainty to holders of its recently launched crypto token.…

Sudden Cyworld Shutdown Puts Clink Crypto Investors at Risk: Report

Cyworld’s cryptocurrency Clink appears to be on its last legs as the social media platform has stopped operations without warning…

Bitcoin Price: Which Countries Have the Biggest Premiums?

The Philippines and Hong Kong are the most affected by crypto price premiums. Here is the full list Source: Cointelegraph.com

South Korean Blockchain Startup Raises $8M for Identity Authentication

Iconloop has secured over $8 million to launch its my-ID service and promote a dedicated alliance Source: Cointelegraph.com

OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash

OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September. Source: CoinDesk.com

Hyundai’s Blockchain Arm to Set Up $10M Fund for Mainnet Launch: Report

Hdac Technology, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group, plans to set up a $10…

Major South Korean Store Chain Supports Blockchain Payments App

Major South Korean convenience store chain CU will now accept a payments app based on the Terra blockchain Source: Cointelegraph.com

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