Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop. The exchange, which was unveiled in May, has disclosed that it will cease all operations on November 23. Zeniex blamed the development on the problems facing its ZXG token. ''… with recent issues regarding ZXG, we have gone through greatCCN
11/19/2018 / 06:49:37
Pure Bit looked like it had run off with people’s money. But now, there’s a small about turn… At the start of the month, a cryptocurrency company by the name of Pure Bit ran an initial coin offering (ICO). Said ICO raised around $30m worth of Ethereum, that it said it was planning to use […]The post $30m exit scam: CEO behind it looks like they’ve got the guilts appeared first on CryptoNewsReview.
11/15/2018 / 05:49:22
Earlier this week, a crypto exit scam in South Korea called ''Pure Bit” disappeared with more than $30 million in user funds. On November 4, the group conducted an initial coin offering (ICO) to raise nearly $30 million using Ethereum (ETH) to build a cryptocurrency exchange. On November 13, as CCN reported, Pure Bit andThe post Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims appeared first on CCN
11/15/2018 / 02:20:09
South Korean cryptocurrency exchange Upbit has reportedly started marketing new crypto exchanges in Thailand and Indonesia as part of its global expansion plans. The company recently launched an exchange in Singapore. Over 130 coins and 240 trading pairs will be offered on both of the new Upbit exchanges, according to their websites. Also read: Yahoo! Japan […]Bitcoin News.
11/12/2018 / 05:45:43
Exchanges | Bitcoin | BTC | crypto | Cryptocurrency | Digital Currency | expansion | Global | Indonesia | korea | korean | N-Economy | real name system | Singapore | thailand | trading | upbit | Virtual Currency | | Asia|BTC|Exchange|Trading
Published on CoinnounceZeniex Cryptocurrency Exchange is ending its journey in the crypto world after receiving a crackdown on unauthorized cryptocurrencies from the Korean Financial Authorities. Zeniex has asked its users to withdraw all their funds on immediate basis. Zeniex Exchange The Zeniex Exchange was launched in earlier this year and allowed its users to trade all […]Coinnounce.
11/12/2018 / 05:32:00
#Exchange | Cryptocurrency | News | Regulation | Trading | crypto regulation | cryptocurrency | cryptocurrency exchange | Korean Financial Authorities | south korea | South Korea Cryptocurrency Exchange | Zeniex | Zeniex Exchange | Zeniex Exchange closed | Zeniex Exchange News | ZXG | ZXG coin | ZXG Crypto Fund | ZXG Crypto Fund No.1 | ZXG Fund | ZXG token | | Exchange|Regulation|Trading
Elon Musk fakes ask for crypto on Twitter, while William Shatner gives a shout out to Vitalik Buterin — read more in this week’s Hodler’s Digest
11/11/2018 / 16:03:00
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It doesn’t look like that ICO ban will be lifted any time soon… New exchange Pure Bit has made off with over £2 million worth of investor Ethereum in a standard exit-scam, according to Korean news source Blockchain ROK. The company had previously announced its token sale for cryptocurrency Pure Coin. Evidence of the exit scam […]CryptoNewsReview.
11/10/2018 / 09:48:27
In another incident of what appears to be an exit scam, a South Korean exchange that collected over $2.8 Million in an ICO has suddenly shut down. One More Exit Scam ICOs have become an easy way for fraudsters to rob gullible investors of their hard-earned money. The latest incident has been reported from South...The post South Korean Exchange Pure Bit Exit Scams with $2.8 Million appeared first on Live Bitcoin News.
11/10/2018 / 08:00:06
One of South Korea’s largest cryptocurrency exchanges, Bithumb, has begun providing a cryptocurrency payment service to a major online marketplace it refers to as ''Asia’s Amazon.” Korean users can use their cryptocurrencies held at the exchange to pay for purchases on Qoo10 using this service. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Qoo10 […]Bitcoin News.
11/10/2018 / 01:35:23
Exchanges | Bitcoin | Bithumb | bithumb cash | BTC | crypto | Cryptocurrency | Digital Currency | ecommerce | korea | Korean Won | N-Economy | Online Shopping | partnership | payment service | payment system | Qoo10 | South Korea | Virtual Currency | | BTC|Asia|Exchange
According to Korean blockchain news provider Blockchain ROK, newcomer exchange Pure Bit has effectively exit scammed with at least 13,000 in investor Ethereum in hand. As evidence of the scam, BROK points to the fact that the exchange’s CEO has changed his name on popular Korean social media network Kakao to ''I’m sorry” in theCCN
11/09/2018 / 22:11:23
The Reuters reported on Nov. 8th that the South Korean Bar Association publicly pressed the government to enact a legal framework that recognizes digital assets as a standalone industry and protect investors. Kim Hyun, the president of the Bar Association made the call during a press conference held at the parliament. The government promised to […]South Korean Lawyers Urge Government to Regulate Cryptocurrencies and Protect Investors was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
11/09/2018 / 11:29:19
Regulating cryptocurrencies remain an ongoing debacle. Numerous countries attempt to do so through various efforts. South Korea, one of the more pro-cryptocurrency countries, still has no official regulation in this regard. Domestic lawyers are now pushing the government to provide clarity as soon as possible. South Korea Needs Regulation The future of cryptocurrency in South...Live Bitcoin News.
11/09/2018 / 08:00:34
Bitcoin shows some of its impact ten years later, Ethereum Tech-Oasis Nevada updates, Etherdelta founder penalized, Ethereum potentially exposing user data, and alleged South Korean Hackers caught.Crypto Insider.
11/08/2018 / 22:30:55
The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]Bitcoin News.
11/08/2018 / 20:50:45
Regulation | bar association | Bitcoin | BTC | capital markets act | crypto | Cryptocurrency | Digital Currency | FSC | Government | ICO | initial coin offerings | korea | Laws | Lawyers | Lobby | N-Economy | Proposals | South Korea | Virtual Currency | | BTC|Asia|Regulation|ICO
Lawyers in the Southeast Asian country lobbied the government today to quickly establish a legal framework for investor protection. The Korean Bar Association rarely campaigns publically for specific technologies or industry groups, however members felt strongly enough to do so for the cryptocurrency ecosystem within the country. According to Reuters, Bar Association President Kim Hyun...NewsBTC.
11/08/2018 / 12:30:14
CoinSpeakerMining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion ValuationCrypto mining company BitFury, has closed a $80 million private funding round led by European venture capital firm Korelya Capital and billionaire Mike Novogratz.Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation
11/08/2018 / 09:54:44
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The Korean Bar Association has called on the government to establish a legal framework for the cryptocurrency and blockchain sector. In a news conference at the Korean parliament on Thursday, the Korean Bar Association publicly urged the government to develop laws designed to protect investors whilst encouraging the domestic blockchain industry. In quotes reported byCCN
11/08/2018 / 07:21:09
Published on CoinnounceThough the governments across the world are yet to come out with concrete regulations on cryptocurrencies, the pressure is being built on the establishment slowly and steadily. This is also quite evident when South Korean lawyers have sought the legal framework from the government so that it would support not only the distributed ledger technology-based […]Coinnounce.
11/08/2018 / 06:23:47
#Bitcoin | Adoption | Bitcoin | Cryptocurrency | Decentralization | Investment | News | Regulation | SEC | Trading | bitcoin law | Blockchain | crypto | crypto laws | crypto regulation | cryptocurrency | cryptocurrency law korea | cryptocurrency laws | korean cryptocurrency law | south korea bar association | south korea cryptocurrency | south korea cryptocurrency law | south korea lawyers | | Regulation|BTC|Blockchain|Trading|Wallet
A recent FinCEN advisory has stated that the re-imposition of economic sanctions on November 5 could drive Iran to get more serious about the cryptocurrency experiments it began in 2013. Could Iran Follow North Korea’s Lead Evading Sanctions Using Crypto? Iran has made little secret of its interest in cryptocurrency. The nation is believed to...The post Will Recent Economic Sanctions Drive Iran to Cryptocurrency? appeared first on NewsBTC.
11/07/2018 / 22:20:44
This week, Bitcoin mining equipment manufacturer and blockchain software firm Bitfury secured a valuation of $1 billion from billionaire investor Mike Novogratz and Korelya Capital’s $80 million investment in the firm. The multi-million dollar funding round comes after the release of Bitfury Clarke, the firm’s new Bitcoin ASIC miner, designed to compete against Bitmain’s new equipment,The post Bitcoin Mining Market Still Strong as Shown by Bitfury’s $1 Billion Valuation appeared first on CCN
11/07/2018 / 19:19:45
One of the world’s leading crypto exchanges, Bithumb, will launch a cryptocurrency payment service in partnership with Qoo10, an e-commerce giant in the pan-Asian market
11/07/2018 / 13:19:00
CoinSpeakerBinance Ranked First in Exchange Rankings Report, Easily Surpassed Okex, Huobi and OthersThe 24-hour volume at Binance tops over $1 billion with more than 160,000 24-hour web users. Binance Ranked First in Exchange Rankings Report, Easily Surpassed Okex, Huobi and Others
11/07/2018 / 06:51:58
Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $10 billion to $13 billion. Bitcoin, in particular, has seen a large increase in volume from $3.1 billion to $4.3 billion within a week, by more than 40 percent. Led by the positiveThe post Crypto Market Volume Explodes to $13 Billion as Traders Grow Optimistic appeared first on CCN
11/07/2018 / 00:35:08
Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance group MACSF and Mike Novogratz’s digital asset...The post Bitfury Raises $80 Million from Korelya, Macquarie, Mike Novogratz appeared first on NewsBTC.
11/07/2018 / 00:00:48
Blockchain | Crypto | Industry | bitcoin | bitcoin mining | bitfury | blockchain | crypto | cryptocurrency | cryptocurrency mining | Galaxy Digital | korelya capital | macquarie capital | Mike Novogratz | | Blockchain|BTC|ICO|Technology|Business
Blockchain Transparency Institute released the global crypto exchange rankings of November, ranking Binance at the top with a 24-hour volume of $1 billion. With more than 160,000 24-hour web users, Binance easily surpassed OKEx, the second largest crypto exchange in the market, in terms of the number of active users, volume, mobile volume, web visitors,CCN
11/06/2018 / 07:09:46
South Korean banks will limit their crypto services to unverified crypto traders, following a request from the country’s financial regulators. According to local media, exchanges in the area that have not identified themselves with a bank account under the ‘real-name system’ framework will only be able to withdraw funds and not to make deposits. Only […]CryptoNewsReview.
11/05/2018 / 15:24:46
The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Amendments Passed The Legislative Yuan, Taiwan’s highest legislative body, on Friday passed some amendments to existing laws aimed […]Bitcoin News.
11/04/2018 / 22:15:02
Regulation | amendments | AML | Anonymous | banks | Bitcoin | BTC | crypto | Cryptocurrency | Digital Currency | FSC | ICO | korea | Law | Laws | Money Laundering | N-Economy | real name system | Taiwan | taiwanese | transactions | Virtual Currency | wellington koo | | Asia|Regulation|BTC|ICO
A court in South Korea has ruled that the decision by a commercial bank to stop offering banking services to a cryptocurrency exchange was unlawful and must therefore be rescinded. According to the Central District Court’s 50th Civil Affairs Division, the move by South Korean commercial bank Nonghyup to cease offering deposit and withdrawal servicesCCN
11/03/2018 / 10:30:30
Published on CoinnounceThe formation of ‘Asia Blockchain Promotion Global Consortium’ was announced by ASTON, a Korean blockchain platform company, on Nov 1, indicating the arrival of the Singapore-Korea region as the hot hub for blockchain technology evolution as well as dApps development. ASTON is a technology company and is working on its MainNet currently. Upon completion, it would […]Coinnounce.
11/03/2018 / 09:50:54
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Three of South Korea’s largest cryptocurrency exchanges are expanding overseas. Upbit has launched a Singaporean crypto exchange with 156 coins and 221 trading pairs. Coinone has established a crypto exchange in Malta while Bithumb is planning to launch a security token platform in the U.S. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bithumb to […]Bitcoin News.
11/03/2018 / 04:35:25
Exchanges | Bitcoin | Bithumb | BTC | Coinone | crypto | Cryptocurrency | Digital Currency | korea | malta | N-Economy | overseas | security token | Singapore | South Korea | upbit | US | Virtual Currency | | BTC|Asia|Exchange|ICO|Trading
In what’s turning out to be a popular trend, Bitstamp cryptocurrency exchange has been acquired by a South Korean investment firm. Bitstamp, which is the oldest major exchange in the world, disclosed the deal today, October 29. NXC, the South Korean tech investment giant made the purchase through its Belgium-based subsidiary, NXMH. The purchase comes […]NullTX.
11/02/2018 / 19:00:34
North Korea sees crypto hacking funds, Hong Kong regulation talk, more comments from Jamie Dimon, a Bitlicense for a Bitcoin ATM service, and Tether solvency evidence.Crypto Insider.
11/01/2018 / 21:00:38
The correlation between North Korea and cryptocurrency remains clouded. Numerous experts claim North Korean hackers target cryptocurrency exchanges and users. A new report indicates hackers are using cryptojacking methods against South Korean consumers. North Korea Is at It Again Proving the involvement of North Korea in cryptocurrency hacks has been challenging. Although speculation runs wild, the...Live Bitcoin News.
11/01/2018 / 20:30:47
Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy. As a result of this, the Securities and Futures Commission (SFC) announced plans...NewsBTC.
11/01/2018 / 20:30:43
South Korean cryptocurrency exchange Bithumb has joined the league of exchanges diversifying their international offerings by setting up a US securities trading platform. Preempting ‘Global’ Blockchain Asset Tokenization Through a partnership with blockchain fundraising platform SeriesOne, Bithumb seeks to speed up its growth into a “global financial firm” by cornering the securities token market, local South Korean media outlet Yonhap News Agency reported Nov 1. The announcement comes days after US exchanges Bittrex and CoinbaseRead MoreBitcoinist.com.
11/01/2018 / 16:30:16
In a new report released by Group-iB, a cybersecurity intelligence agency, it has been revealed that 65 percent of the $882 million in cryptocurrency stolen from exchanges ends up in North Korea. With sanctions from the United States and Europe continuing to weigh on Pyongyang, North Korea has reportedly turned to cryptocurrencies to generate additional […]The post North Korea’s $571 million crypto hacks are just the tip of the iceberg appeared first on Crypto Insider.
11/01/2018 / 12:50:49
In spite of their relative youth, security tokens have been lauded as the inevitable future of the crypto and blockchain industry. While some pundits would beg to differ, security tokens moved a step closer towards global adoption on Thursday, as it was revealed that Bithumb has plans to launch a cutting-edge U.S.-based platform. South Korea’s...NewsBTC.
11/01/2018 / 09:00:46
One group in North Korea has been helping itself to an awful lot of crypto… Few months go by in the cryptocurrency world without some story of a possible hack popping up somewhere. This week, it’s centred around the MapleChange exchange in Canada, whilst also we’ve seen the fallout from the infamous Mt Gox attack […]The post Where does hacked cryptocurrency end up? appeared first on CryptoNewsReview.
11/01/2018 / 06:20:48
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