Why South Korea Will Play a Major Role in Cryptocurrency Adoption

As a high-tech hub known for its consumer electronics, tech giants, esports, and global innovation, perhaps it’s not surprising that a report by Cindicator revealed that South Korea will play a major role in cryptocurrency adoption. By reviewing existing data on exchange volumes, recent economic history, regulation, and trends, the tokenized fintech asset management company …

South Korean Crypto Exchange Bithumb Re-opens Deposits & Withdrawals

South Korean cryptocurrency exchange Bithumb will resume deposit and withdrawal services on Saturday at 11 am KST. The exchange had suspended all deposits and withdrawal services on its platform following the June hack on a hot wallet, which led to the loss of tokens valued at over $30 million. Hacked Crypto Exchange Bithumb Unfreezes Withdrawals …

South Korea is Officially Recognizing Crypto Exchanges as Regulated Banks

For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks. Local publications in South Korea have reported that the financial authorities of South Korea have finalized their plans to categorize crypto exchanges as an industry called “Cryptocurrency Exchange and Brokerage” to enable trading platforms …

Kyber Network and OmiseGo Surge 70% With Bithumb Integration, Bitcoin Dips Below $9000

Join our community of 10 000 traders on Hacked.com for just $39 per month. Kyber Network (KNC) and OmiseGo (OMG) have surged by more than 73 percent and 32.5 percent respectively upon the announcement of South Korea’s biggest cryptocurrency exchange Bithumb’s integration. Bithumb Jackpot Earlier this year, Storm, an Ethereum-based ERC20 token project that incentivizes …

South Korea’s Biggest Cryptocurrency Exchange to Conduct ICO in Switzerland

Join our community of 10 000 traders on Hacked.com for just $39 per month. Earlier this week, mainstream media outlet News1 reported that Bithumb, South Korea’s biggest cryptocurrency exchange, is conducting an initial coin offering (ICO) later this year to launch its own cryptocurrency Bithumb Coin. Bithumb Coin Some of the largest cryptocurrency trading platforms …

South Korea’s Largest Cryptocurrency Exchange Partners With BitPay

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bithumb, South Korea’s largest cryptocurrency exchange, has partnered with major cryptocurrency payment processor BitPay to facilitate international remittance payments. US and South Korea Sonny Singh of Bitpay, the chief commercial officer at BitPay, stated that the company is on track to process …

Ripple Price Isn’t Down 30%: CoinMarketCap Removes Korea Price

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The price of Ripple, as shown on CoinMarketCap is believed to be down by 30 percent today. But, its actually only down by 10 percent. CoinMarketCap Fiasco Earlier today, without prior notice or any reasonable explanation, CoinMarketCap removed the trading price of …

Bittrex Stops Creating New Ethereum Deposit Addresses Due High Fees

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bittrex, the third largest cryptocurrency exchange in the global market behind Binance and Bithumb, has temporarily paused Ethereum deposits due to the current congestion on the Ethereum blockchain network. Network Congestion According to Etherscan, the Ethereum network is processing more than 1.2 …

Bitcoin Cash Surges to $3,800 in South Korea, Flurry of Media Coverage

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Within the South Korean cryptocurrency exchange market, the price of Bitcoin Cash has surpassed $3,800, due to a flurry of mainstream media reports that have emerged over the past few days. Price of cryptocurrencies on Bithumb, South Korea’s largest cryptocurrency exchange Mainstream …