Bithumb

Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee

3 days ago admin2 0
Advertisement Charlie Lee, the founder of Litecoin, went on CNBC’s Fast Money program on Wednesday to discuss the recent hacking of South Korea’s cryptocurrency exchange Bithumb, among other developments in the crypto sphere. Speaking via telephone, the founder of the world’s fifth-largest cryptocurrency by market cap pointed out that while it is normal for cryptocurrency investors Read More

Korean Government Launches Investigation into Crypto Hacks

3 days ago admin2 0
Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that Read More

Binance’s Fiat Integration May Lead Cryptocurrency Exchanges to Move to Malta

2 weeks ago admin2 0
Advertisement Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Earlier this month, Binance, one of the most widely utilized multi-billion dollar cryptocurrency trading platforms alongside the likes of Coinbase and Bitfinex, has established a bank account in Malta. Malta’s Pro-Blockchain Legislation As a part of the European Read More

South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency

2 weeks ago admin2 Comments Off on South Korea Mulls Over How to Cash Out State-Owned Cryptocurrency
Finance The South Korean government is mulling over how to cash out the cryptocurrency it recently confiscated. While the most likely option is to auction the coins off using the government-owned auction platform, various concerns have been raised. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cashing Out BTC The South Korean government is Read More

South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore

2 months ago admin2 Comments Off on South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore
Bithumb, South Korea’s leading cryptocurrency exchange, has recently revealed plans to issue its own token, Bithumb Coin, in an Initial Coin Offering (ICO), local news outlet TokenPost reports Thursday, April 19. According to the report, the Bithumb token sale will be conducted in Singapore since ICOs are banned in South Korea. Bithumb is reportedly focusing Read More

Aelf Token ELF Listed On Major S Korean Cryptocurrency Exchange Bithumb

2 months ago admin2 Comments Off on Aelf Token ELF Listed On Major S Korean Cryptocurrency Exchange Bithumb
Image: South Korea flag by railway fx via Shutterstock.com Singapore startup Aelf announced on Monday that its token ELF has been listed on Bithumb, one of South Korea’s major cryptocurrency exchanges platforms. The listing comes at a time when Aelf is looking to tap into South Korea’s thriving blockchain and cryptocurrency industry and comes just Read More

Hardware Wallet Demand in South Korea Grows Exponentially

3 months ago admin2 Comments Off on Hardware Wallet Demand in South Korea Grows Exponentially
Wallets According to local reports in South Korea, demand for hardware wallets is increasing exponentially. The demand has stemmed from attempted hacks last year against domestic trading platforms like Upbit and Bithumb. Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia Regional Reports Detail South Korean Hardware Wallet Demand is Rising South Korean Read More

South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions

4 months ago admin2 Comments Off on South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions
Regulation The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Supporting ‘Normal’ Crypto Transactions The director Read More

New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges

5 months ago admin2 Comments Off on New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges
US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange hacking attacks and security breaches. In a report entitled “North Korea Targeted South Korean Cryptocurrency Users and Exchange in Late 2017 Campaign,” the firm’s researchers stated that the same type of malware Read More