Tuesday, August 11, 2020
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Theta Partners With Korean Gaming Platform to Reward Its 3M Users

The crypto-powered Esports streaming platform Theta has partnered with South Korean social gaming platform Ludena Protocol to reward its gamers for viewing or streaming content.The partnership will see Theta protocol integrated into GameTalkTalk, Ludena’s first decentralized application (DApp) — allowing the gaming-centric social platform’s more than three million users to

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Stablecoin Adoption Skyrockets in Rural South Korean Province

South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019.According to a report published by Donga, most of the county’s population is made up of elderly residents. Census data indicates that around

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South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data

The South Korean government wants to develop a blockchain registry to help analyze, anonymize and store clinical data for diabetes. Blockchain startup Sendsquare has been selected by the government to develop a proof-of-concept project for the nation, which has around 3.6 million people with diabetes, the company announced on Friday. The startup

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South Korean Economist Warns New Tax Laws May Slow Down Crypto Market Growth

The South Korean government recently announced their intention to impose a tax on cryptocurrency, leading to backlash. Korean Yonsei University economist, Sung Tae-yoon, warned that the decision to tax crypto capital gains may slow the technology’s emerging market, according to Koreatimes on June 21. Sung said that taxing the crypto market

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South Korean K League Joins Blockchain Enabled Fantasy Soccer Platform Sorare

Fans of South Korean professional soccer will now be able to collect and trade digital tokens representing league players and use them to play fantasy soccer games run by the firm Sorare.  The South Korean soccer association K League announced a licensing agreement with the blockchain enabled fantasy soccer platform on

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South Korean Experts Say Crypto is a Poor Safe-Haven Asset

On June 11, South Korean experts stated through local media that cryptocurrencies are a “poor choice” of safe-haven assets during the COVID-19 pandemic.According to The Scoop, Professor Hong Ki-hoon of Hongik University stated that crypto-assets like Bitcoin (BTC) should not be considered as “safe-haven assets,” at the level of Gold,

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South Korean Police on the Hunt for Ethereum Crime Ring Masterminds

The Seoul Metropolitan Police Agency launched a criminal investigation on June 12, leading to the search and seizure of two unnamed cryptocurrency exchanges. These efforts were enacted with the hope of dismantling an Ethereum (ETH) crime ring worth $41.5M.According to Joongang Ilbo, the alleged crime network promoted its business model

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