Category Archives: Korea

China Pushes for East Asian Digital Currency Creation

East Asian Digital Currency

The fight for cryptographic money incomparability is going to warm up. This time, the most current participant to the advanced money field may originate from the Far East with China pushing for an East Asian digital currency planned for improving exchange inside the area and diminishing reliance on the U.S. dollar.  The proposed East Asia digital money will be supported […]

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South Korea’s LG Joins Hedera Hashgraph’s DLT Governing Council

LG Hedera

Hardware organization LG joined Hedera Hashgraph’s Governing Council on Wednesday, turning into its fourteenth part.  The expansion edges Hedera toward its chamber’s drawn out objective: tap 39 hands-on hub sprinters to oversee its venture grade open record, Hashgraph. Hashgraph is an option to blockchain stages with purchase from Google, IBM, Boeing and University College London among others.  LG, a South […]

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Kim Jong Un Allegedly Back Hackers in Stealing Crypto

Kim Jong Un Hackers

As indicated by an ongoing report by U.K-based news source Mirror, North Korea President Kim Jong-un has discharged another influx of worldwide digital cyber crime by supposedly teaching the infamous hacking gathering, Lazarus, to make phishing tricks to take Bitcoin and other advanced monetary standards.  The North Korea pioneer is dreaded to have begun another rush of overall digital wrongdoing, […]

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A Dark Day for Bitcoin – Price Falls Over 30% in a Day

Bitcoin Price Fall

The cost of bitcoin, the world’s most exchanged digital money, plunged 30% on Friday in the midst of far reaching market strife – opposing desires from certain backers that cryptographic forms of money would withstand stuns in customary monetary markets. The selloff finished a months-in length crypto rally that quickened in January after pressures rose among Iran and the U.S., […]

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South Korea Pushes Forward with Cryptocurrency Regulation

South Korea Crypto Regulation

The South Korean National Assembly consistently passed the alteration to the Act on Reporting and Use of Specific Financial Information on Thursday, following consultation. The new enactment gives an administrative system to digital forms of money and related specialist organizations. Already, the administration had just given rules however there was no real law passed. “Cryptocurrency now fully legal in South […]

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Asia Conferences Are Cancelled in Response to the Coronavirus

Coronavirus Conference

It has been accounted for that China has begun to isolate its pre-owned bank notes to attempt to stop the spread of the coronavirus. In the interim, the crypto network started to get on the news remarking that the utilization of Bitcoin as a method for installment should fix the issue. Regardless of this, meeting coordinators all through the world […]

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Russian Billionaire Launches Metals Blockchain

Vladimir Potanin

Russians may before long have the option to utilize advanced tokens to purchase metals, book air tickets and move ski goes from Vladimir Potanin’s organizations after the extremely rich person stretched the go-beyond for his blockchain stage. As per The Moscow Times, Potanin expressed that the national bank has given the organization the endorsement it needs to work the association’s […]

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Bank of Korea Launches Blockchain Bond Research

Bank of Korea

According to the Bank of Korea and the financial market on the 18th, KHNP is selecting a provider at the end of last year and developing a blockchain bond system. The difference with current bond transactions is that the records maintained by the Korea Securities Depository are transformed into a distributed ledger format where multiple nodes share information at the […]

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Coronovirus Starts to Inflict Ill Effects in the Crypto World

Coronavirus

The coronavirus flare-up in Asia is beginning to swell through the crypto world in some unexpected manners – the dropping of gatherings and even the shuttering of offices that process exchanges.  From the casual MeetUps held during the underlying long stretches of Bitcoin to the events at the peak of the crypto bubble, get-togethers have been a key for charming […]

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