Tag: South Korea
Hack of South Korean Exchange Helps Push Cryptocurrency Market Tumble
The cryptocurrency market cap tumbled by $42 billion over the weekend, partly helped by the news of another exchange, Coinrail in South Korea, being hacked.…
Survey: Two Out of Five South Koreans Are HODLers
A new survey has found that nearly 45 percent of cryptocurrency investors hold their assets with a longer-term view while waiting for market prices to…
Bithumb Wants to Create a Native Token Traded Across Different Exchanges
Most cryptocurrency enthusiasts are well aware of how South Korea plays a big role in the industry. Local exchanges generate a lot of trading volume…
Cryptocurrency Exchange Huobi to Launch London Office, Looks to Expand Beyond Asia
Cryptocurrency exchange Huobi has announced that it is setting up a London-based office as it seeks to expand itself outside of Asia. In a report…
Huobi Pro Successfully Expands to South Korea
Cryptocurrency exchanges are an integral part of the ecosystem as a whole. Even though centralized platforms are a bit problematic, they still remain incredibly convenient.…
Survey: 40 Percent of Young South Korean Adults Are Willing to Invest in Cryptocurrencies
A new survey has found that 40 percent of young adults in South Korea are willing to invest in cryptocurrencies, highlighting the frenzy the market…
Fundstrat Analyst Says the Cost of Mining Bitcoin is No Longer Profitable
Some estimates are suggesting that it’s no longer profitable for miners to produce bitcoin, with March earnings half those of December’s. In a report from…
South Korea Investigates Three Cryptocurrency Exchanges for Embezzlement
South Korean prosecutors are investigation three cryptocurrency exchanges after it was alleged that they used money stolen from customers’ accounts to buy bitcoin. In a…
South Korean FSC Cracks Down on Three Local Exchanges
South Korea is a very important region when it comes to cryptocurrency. The government is keeping a very close eye on this industry, though As…
