Business 11 January 2019

South Korea: Seven crypto exchanges pass inspection

Seven cryptocurrency exchanges in South Korea passed the security inspection conducted by the government.

Business 4 January 2019

Up to 80% of South Korea miners folded during 2018: report

As a result of the down market in 2018, one South Korean expert estimates that between 70-80% of South Korean miners have ceased operation.

Business 27 December 2018

Bithumb ‘not responsible’ for compensating $335K hack victim, says court

South Korean cryptocurrency exchange Bithumb has escaped without liability following legal action brought by a victim of a $335,000 hack on the platform, in a landmark ruling for the cryptocurrency sector.

Business 26 December 2018

Upbit execs accused of exaggerating crypto orders to rake in over $106M

Cryptocurrency exchange Upbit, the largest in South Korea, has been accused of falsifying orders and manipulating data processing systems.

Business 11 December 2018

South Korea: Blockchain startup threatens to appeal ICO ban

Presto, a blockchain start-up in South Korea, has reportedly claimed that it will file a constitutional appeal over ICO ban.

Business 4 December 2018

South Korea mulls crypto tax, lifting ICO ban

The South Korean government is looking at imposing a tax on cryptocurrencies, and regulation for initial coin offerings (ICOs).

Business 28 November 2018

South Korea experiments with blockchain voting in December

South Korean government agencies have announced plans for setting up a voting system powered by blockchain, to be first used in December.

Tech 22 November 2018

Major Korean energy supplier to deliver eco-friendly power via blockchain

South Korea’s leading energy provider KEPCO has turned to blockchain to help it deliver eco-friendly power through its next generation micro grid (MG), becoming the latest firm in the energy sector to utilize the technology.

Business 16 November 2018

PureBit exchange operator repents, issues refunds after exit scam

After a recent exit scam, PureBit exchange owner appears to have a change of heart and is beginning to issue refunds.

Business 14 November 2018

South Korea crypto exchange Zeniex folds to pressure

According to a post on its website, Zeniex exchange has reluctantly decided to close its doors due to South Korean crackdown on cryptocurrencies.

Business 13 November 2018

PureBit exchange pulls exit scam, runs off with almost $3M in ETH

Crypto traders using the South Korean exchange PureBit understand why Mondays are typically considered to be bad days.

Business 12 November 2018

Upbit makes its move into Thai, Indonesian markets

Upbit, one of the biggest cryptocurrency exchanges in South Korea, has reportedly set up a website for crypto exchanges in Thai and Indonesian languages, as part of its attempt to market its trading services to customers in the two Asian countries.