$1 billion Seoul startup fund to include blockchain companies
The fund has been committed by the government in Seoul, South Korea’s capital, through the Seoul Innovation Growth Fund, designed to encourage entrepreneurship within the city.
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BitGo offers up to $100M insurance for crypto assets
Custodial assets held by BitGo are covered by the Lloyd’s insurance market up to the value of $100 million, with the firm itself covered by a variety of policy types to its customers.
South Korean telecom firm to launch local cryptocurrency
South Korea’s largest telecoms company, KT Corporation, has been chosen to operate a new local cryptocurrency platform for Gimpo City, according to reports.
Huobi Wallet brings Bitcoin SV, other cryptos to Japan and Korea
Huobi Wallet has extended support for cryptocurrencies like Bitcoin SV to its customers, now including those based in Japan and Korea.
South Korea’s KEB Hana Bank files 46 blockchain-related patents
The largest foreign exchange bank in South Korea has filed 46 patents for blockchain technology, in one of the largest single disclosures of blockchain IP ever disclosed.
Police: ‘Battle royale’ gamers stole $2.47M from Turkish crypto firm
Twenty-four suspects have been arrested in a simultaneous operation, after Turkish police received reports of a theft of cryptocurrencies.
Crypto analysis firm Chainalysis secures $30M in Series B funding
Chainalysis, a cryptocurrency analysis firm, has raised $30 million in Series B funding, as the firm looks to expand into new markets in 2019.
Bithumb to launch new crypto exchange in UAE
South Korean crypto exchange Bithumb is to launch a new exchange in the United Arab Emirates (UAE) following a partnership with blockchain VC firm Nvelop.
Voyager Digital set to become first publicly traded crypto broker
The broker will list on the TSX exchange in Toronto, after acquiring the currently listed UC Resources.
‘Crypto celebrity’ plans to give Mt. Gox clients their money back
Brock Pierce plans to recover the company’s $1.2 billion in assets and to disperse them to those who had their funds locked down in the collapse.
Opera now lets users buy crypto from mobile browser
Opera is the latest company to take crypto to the mainstream, following the announcement the firm will include the functionality to buy cryptocurrency alongside its wallet service on Android.
FCA issues scam alert after £197M lost to scams in 2018
The Financial Conduct Authority (FCA) has issued a warning to investors over investment scams, many of which are connected to unregulated cryptocurrency companies in the United Kingdom alone.