Tag: south korea

  • Hackers Managed to Use 6,000 South Korean Computers for Crypto Mining

    Hackers Managed to Use 6,000 South Korean Computers for Crypto Mining

    SEOUL – THURSDAY 8 NOVEMBER 2018 – The Korean National Police Agency Cyber Bureau announced that a group of five hackers led by 24-year-old Kim Amy Gae promoted a list of over 32,000 emails injected with crypto mining malware targeting 6,000 computers in South Korea. According to the official report, the hacking group managed to…

  • The G-20 Summit Deemed Cryptos As Financial Instruments, Now South Korea Adopted New Amendments In Accordance

    The G-20 Summit Deemed Cryptos As Financial Instruments, Now South Korea Adopted New Amendments In Accordance

    On September 27th, the South Korea government organized a meeting to discuss issues regarding cryptocurrency exchange and trading, as well as the situation regarding the selling of digital assets. Also, the purpose of this official meeting was to align the crypto regulations across South Korea to the new vision that cryptocurrencies are financial instruments the…

  • Regulation-Free Crypto Zone For ICOs Proposed By South Korean Lawmaker

    Regulation-Free Crypto Zone For ICOs Proposed By South Korean Lawmaker

    Jung Byung-guk, a South Korean lawmaker leader South Korea’s Bareunmirae Party, stated during the National Assembly, on Wednesday, that South Korea must establish a regulation-free crypto zone for ICOs, following the example of Gibraltar. “We need to designate a regulation-free blockchain and cryptocurrency special zone or test zone first to make various experiments actively,” stated Jung Byung-guk.…

  • Skycoin Blockchain Company Wants To Emerge On The South Korean Market

    Skycoin Blockchain Company Wants To Emerge On The South Korean Market

    Skycoin is a potent blockchain-based project that works for the implementation of the next-generation decentralized networking protocol by providing a faster and more stable and safe alternative to the Internet as we know it today. Now, Skycoin blockchain company wants to emerge on the South Korean market. About Skycoin While the Bitcoin (BTC) network was the…

  • REQ: The Coin to Watch in 2018

    REQ: The Coin to Watch in 2018

    With hundreds of ICO’s and new coins popping up on every exchange from South Korea to the United States, it can be hard to dig through the false promises and shady schemes. With the promise of revolutionizing markets, insane returns and being the next “bitcoin”, every one is hoping to hit gold. Currently sitting at…

  • Ripple (XRP) – Someone just bought 700 million USD in XRP! – Major Investment

    Ripple (XRP) – Someone just bought 700 million USD in XRP! – Major Investment

    Ripple (XRP) registered today (link below) a transaction of 0.9 billion XRP that translated into an impressive 700 million USD. Even though the identity of the person, or most likely a big company/firm, is still unknown this represents major confidence in the project and the underlying technology of Ripple (XRP). Image 1 – Screenshot of…

  • ATMs Accepting Bitcoin Transactions Pop Up In South Korea

    ATMs Accepting Bitcoin Transactions Pop Up In South Korea

    Since digital currencies is rapidly rising in Asia, you will think that a plethora of ATMs that accepts digital currency will be popping up and put in place at many local banks and stores. Asia is quickly accepting digital currencies and many people in those countries are finding out regarding the benefit of transferring and…