Cryptocurrency Analysis and News Portal
South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. PCFIR Push to Make Cryptocurrency Mainstream Per
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South Korean cryptocurrency exchange Bithumb has established its own research and development (R&D) center.According to an announcement on Jan. 6, the initiative makes Bithumb the first company with a blockchain and cryptocurrency research center in South Korea. Bithumb expressed high hopes for the research center’s impact on the company:“Bithumb
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Financial institutions should be allowed to offer cryptocurrency products, such as derivatives, according to a government advisory body in South Korea.In a new report, the Presidential Committee on the Fourth Industrial Revolution (PCFIR) proposed that the government could move to bring cryptocurrencies into the mainstream of finance through a number
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South Korea’s central bank is organizing a task force to research central bank digital currencies (CDBCs). Announced in a Dec. 26 report titled "Monetary Policy for 2020,” the Bank of Korea will hire experts to study the effects of distributed ledgers, cryptocurrencies and CBDCs on financial settlements and security. The group
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South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30. Local news outlet dongA reported on Dec. 19:“Dongbaekjeon is a blockchain-based card-type local currency issued by Busan City to revitalize
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Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor.The partnership will aim to innovate the city’s sharing economy by means of a decentralized platform that reduces the barriers to entering the real estate market by promoting
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A new macOS malware has surfaced recently, with low threat detection rate, that digital security researchers think is allegedly created by the Lazarus Group, a cybercrime group based in North Korea with a long history of crypto hacking.The malware was disguised on a cryptocurrency trading platform website called ‘unioncrypto.vip’ and
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A new and hard-to-detect macOS malware variant has been discovered lurking on a fake cryptocurrency trading site. Source
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The South Korean-based firm Bloom Technology announced that they have created a new technology that is able to speed up transactions on the blockchain.On Dec. 3, United Press International reported that Bloom Technology’s CEO, Lee Sang-yoon, said that the company's Lotus Chain technology has been able to reduce blockchain
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This time we're talking crypto and traditional market, an ethereum developer in hot water after alleged sanction busting, and a look at this years biggest exchange hacks. Source
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