Cryptocurrency Analysis and News Portal
MIR4, developed by South Korea-based WeMade, is a highly popular mobile, massively multiplayer online role-playing game (MMORPG). Since being released in Korea last November, it has ranked first on numerous app stores’ most-downloaded lists, such as those of Naver’s Onestore and Samsung’s Galaxy Store. Its global edition was launched Aug.
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Red Date Technology, the company China tapped to manage its Blockchain-based Service Network (BSN) — the public-private nationwide infrastructure project to spur mass adoption of blockchain technology — announced today a partnership with South Korean blockchain company MetaverseSociety Corp, marking a step further for the international expansion of the China-grown
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Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin “has no intrinsic value.” He also said that he did not understand why its value is so high. Taking a Step Back Foreign
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Started by the end of July 2021, the Bank Of Korea central bank digital currency (CBDC) project has been gaining traction. Per a report by the Korea Times, the project will be aided by electronics company Samsung. The company and the financial institution will build the platform that will support the
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Binance has halted Korean won (KRW) trading pairs as part of a raft of changes to its operations in South Korea.In a notice issued on Friday, the crypto exchange giant announced the discontinuation of KRW trading pairs as well as KRW payment options on its service. Other features discontinued include
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Tech giant Samsung has revealed that it will take part in the central bank digital currency pilot project by the Bank of Korea. Samsung Joins BOK Digital Currency Pilot Project This latest development was revealed by the local news outlet The Korea Times on August 12, 2021. Korea’s apex bank began trials
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The Financial Services Commission, the top financial regulator in South Korea, is supposedly staging a closedown for some cryptocurrency exchanges. This move is linked to allegations of fraud in these exchanges. The first move from the FSC is to temporarily stop the operations of about 11 average South Korean crypto exchanges.
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