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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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Jobless South Korean University Graduates Are Increasingly Interested in Blockchain

Daejeon University is the latest in a series of South Korean universities redesigning portions of its finance and technology departments. The university made an official announcement on May 25 that it would open a new fintech department called “Future Convergence.”According to the announcement published by Daejeon Journal, the curriculum will

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Korean Luxury Retail Clients to Manage Reward Points on Blockchain

Blockchain rewards platform MiL.k has teamed up with Seoul-based luxury retail space chain Shinsegae Duty Free to provide loyalty points compatibility and management. The new partnership allows Shinsegae customers to connect their existing rewards accounts to the MiL.k mobile app, according to a press release shared with Cryptox on May 11. Adoption

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Anonymous Crypto Payments Cause Problems for South Korean Child Porn Case

South Korean IT experts claim that investigators in the Telegram Nth room case could have trouble identifying users who used crypto payments to access illicit videos via the chat platform. Overseas exchanges’ transactions could be an issueAccording to local media, Maeil Kyungjae, it is more difficult to trace payments made via

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South Korean Social Gaming App Launches Blockchain-Based Platform

The firm behind major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers.The new platform includes a reward-based social media DApp, a matchmaking peer-to-peer gaming platform and a digital item exchange.Vinetree Corporation, the company behind GameTalkTalk, announced the Ludena Protocol on April 20, saying that,

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