Category Archives: Korea

South Korea Embraces Cryptocurrency Like No Other with Physical Centers

Bitcoin Korea

One of the biggest cryptographic money trades on the planet lies on the fifth floor of a generally dull working place in Gangnam, one of Seoul’s principle financial areas, lies a 200 plus staff call center working round the clock in four dialects. In the room adjacent anticipate four experts prepared to serve the normal 200 clients that get through […]

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South Korean Movie Stars Try to Survive on Bitcoin for a Week

Bitcoin Korea

A South Korean broadcast TV slot, Asia Economic TV, has delivered and communicated an unscripted television show where two motion picture stars contended to live on bitcoin for seven days. Set in South Korea and San Francisco, the performing artists were tested to discover dealers who acknowledge bitcoin specifically. The name of this survival challenge is inexactly interpreted as “Stay […]

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North Korea Hacks Bitcoins from South Korea to Bypass Sanctions

Bitcoin Korea

Cybersecurity firm FireEye said it had followed three assaults on digital currency trades in Seoul back to the hermit state this year.  Furthermore, another organization discovered proof Pyongyang was utilizing its coal supplies – restricted from being traded because of monetary assents – to control alleged Bitcoin mines.  The assaults on South Korea’s cryptographic money occurred within May and July […]

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Gaming Company Nexon Purchases South Korean Bitcoin Exchange Korbit

Nexon Korbit

Gaming organization Nexon has obtained a 65 percent stake in South Korean Bitcoin exchange Korbit for US$80 million at a valuation of over US$150 million, reports South Korea’s driving business news production Hankyung, refering to anonymous industry sources. Nexon, the biggest diversion designer in Korea, officially enters the virtual currency market with the procurement of Korbit, one of the three […]

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Chinese ICO Ban Means Great Things for CryptoPay

Cryptopay

Asia has been a central hub for cryptocurrency growth and ICO creation. A substantial portion of Bitcoin mining occurs in Asia. In fact, over 70% of all Bitcoin mining occurs in China alone with other Asian countries contributing small but additional percentages. ICOs have also been a huge industry in Asia. South Korea, China, and Japan have produced a large […]

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Asia is Flying Away with Implementation of the Blockchain Technology

Blockchain Asia

Blockchain technology is developing at a very fast rate and its adoption is becoming significant as governments across the globe are showing reasonable concern towards the technology. Governments are showing interest in blockchain Government cooperation towards blockchain is notable especially across Asia where countries like Japan, Russia, China, South Korea, India have already shown major signs of recognition of the […]

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Remittance Drive the Bitcoin Demand Increase in Asia

Bitcoin Remittance

One of the greatest Bitcoin trades in China by OKCoin is back on track enhancing the Chinese trade showcase after the suspension of withdrawal exchanges. Accordingly, more Bitcoin speculators are continuing their advantage and driving up the interest for Bitcoin. On account of the resumption of withdrawals, Bitcoin is presently exchanged at a superior rate in China contrasted with a […]

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Ethereum Soars with over a 2,800% Rally

Ethereum

Ethereum hit a crisp record high cost of $250.41 on Sunday. The cost is up more than 2,800 percent year-to-date. Korea seems to be driving the ethereum exchange. Continued enthusiasm for the basic blockchain behind ethereum has prompted a bolster from enormous organizations e.g. Microsoft. Ethereum, an option cryptographic money to bitcoin, hit a crisp record high, in the midst […]

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