Cryptocurrency Analysis and News Portal
Public Blockchain Platform BOSAGORA recently received a ‘United Nations Solidarity Award’ recently for their voluntary work in battling
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Band Protocol, a Sequoia-backed, cross-chain data oracle platform, has integrated with a blockchain network ICON to form South Korea’s
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South Korea’s NH NongHyup Bank has announced a new consortium with a local law firm and a blockchain laboratory to jointly develop digital asset-based financial services.According to the Korea Herald on June 10, the bank signed a memorandum of understanding with law firm Bae, Kim and Lee, and blockchain developer,
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Several United States agencies issued what they call comprehensive guidance on North Korea’s cyber attacks, which have hacked cryptocurrency exchanges and used cryptojacking and ransomware to finance the regime.An international alertIn the April 15 advisory, the U.S. Treasury, Department of State, Department of Defense, and the FBI continue a
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Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future.According to a report from local news outlet Digital Today on March 27, the bank filed a trademark application for KBDAC, referring to a proposed Digital Asset Custody subsidiary, at the
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Riot Games and KeSPA suspend League of Legends Champions Korea (LCK) over coronavirus concerns. The indefinite break will start after the Spring season’s first round robin concludes on Mar. 6. Organizers do not know when games will resume. Riot Games Korea and KeSPA announced today that the League of
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South Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm.On Feb. 26, Bithumb launched a new digital asset transfer service between the South Korean exchange and Bithumb Global, an new international digital asset exchange released by
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The Bank of Korea (BOK) is looking at developing a new blockchain system for the Korean bond market, one of the largest such markets in Asia. Korean financial news site Yonhap Infomax confirmed Tuesday the Korean central bank was looking for a company that can build a new blockchain system
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Bithumb, one of the world’s largest cryptocurrency exchanges, could invest more than $8 million into South Korea’s regulatory sandbox. Via its daughter company GCX Alliance, Bithumb has shown intent to put 10 billion won ($8 million) into South Korea’s “regulatory free zone” in Busan, according to reporting from Seoul on
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In a shocking turn of events, South Korea’s National Tax Service (NTS) is planning to withhold tax from Bithumb, the largest crypto exchange in the country, on income from foreign clients.This is the first time that the NTS has moved to withhold tax on income obtained from cryptocurrency transactions. There
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