Category: South Korea
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South Korean government agency to use blockchain-based employee ID system
South Korean public entities are becoming blockchain-friendly.
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Bithumb found ‘partially liable’ for a 2017 hacking incident
Bithumb legal issues do not stop in South Korea.
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Seoul police reportedly investigating South Korea’s largest crypto exchange Bithumb
Another exchange in South Korea comes under the police spotlight.
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This South Korean film festival will be powered by blockchain technology
The event will reward participants with token-based rewards.
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The leaders of a fake crypto exchange are now behind bars
Choi and Park lost their last chance not to serve a jail time.
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Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well as other sites elsewhere. Police accuse the exchange’s owner…
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ICON app offers remote KYC for South Korea’s second-largest bank
Smartphone users in South Korea can open bank accounts remotely with KYC verification via an ICON-powered app.