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Upbit, South Korea’s largest cryptocurrency exchange by transaction volume, has frozen digital user accounts as it found digital assets worth 58 billion won ($49.2 million) have disappeared, its oper...
INCHEON -- Many humanitarian programs are underway in areas where war refugees are literally caught in the crossfire -- where infrastructure for a better quality of life often seems like a tall order...
INCHEON -- The head of South Korea’s major crypto asset exchange Upbit said on Sept. 4 that the country’s crypto exchanges are moving to implement a June guidance by Financial Action Task Force to cu...
INCHEON -- Blockchain is quietly becoming mainstream as a component that allows corporations to save costs in accumulating consumer data and create contents based on them. In sync with such trends, t...
Busan, South Korea’s second-most populous city, has been designated as a regulation-free zone for blockchain technologies, according to the Ministry of SMEs and Startups on July 24. The port city ex...
HONG KONG -- The RISE conference is reputed as one of Asia’s largest tech events with a focus on startups. For instance, one of the key speakers was Sophie Kim, founder of successful grocery platform...
The number of cryptocurrency exchanges in South Korea has risen amid a lack of regulations to prevent investors from trading virtual coins with opaque accounts, industry data showed on June 20. In M...
On May 27, the price of Bitcoin, the dominant cryptocurrency, spiked to over 10 million won ($8,450) for the first time in a year. Its price rose 9.2 percent from a day earlier to 10,447,000 won as ...
Dunamu, operator of global cryptocurrency exchange Upbit, announced on May 15 that it have invested more than 55 billion won ($46 million) in 26 blockchain companies along with its investment subsidi...
For Kwak Jin-young, founder and CEO of blockchain company Sigmachain, creating a globally successful service has always been his dream. He led the team that designed Cyworld, which was popular in Sou...
South Korea’s state arms procurement agency will push to build a blockchain-based platform to enhance transparency and efficiency in conducting defense acquisition projects, officials said on April 1...
A bipartisan group of lawmakers has recently ratcheted up calls for deregulation of the blockchain industry, as the financial regulator has adopted a conservative attitude toward the easing process d...
The second Deconomy blockchain conference will be held on April 4-5 in Seoul under the themes of “Blockchain and Finance,” and “Blockchain and Technology.” At the first event last year, high-profile...
Blockchain and cryptocurrency markets have been on a downslide over the past year in line with the ever-falling digital currency values. Despite the current difficulties facing the markets, the co-f...
[THE INVESTOR] The Korean government on Jan. 31 said it will maintain a strict ban on initial coin offerings, saying that a three-month investigation proved they are very risky. ICOs emerged as new...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 20, 2021
