Tag: Bithumb

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System Error at Korean Crypto Exchange Gave Users Free Coins

System Error at Korean Crypto Exchange Gave Users Free Coins A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back and will seek civil liabilities and…
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April 25, 2018 0
Exchange

Korean Police Detain 4 Crypto Exchange Execs Over Alleged Embezzlement

Korean Police Detain 4 Crypto Exchange Execs Over Alleged Embezzlement South Korean police on Thursday detained four executives from two cryptocurrency exchanges over alleged embezzlement. Those questioned by police reportedly included Kim Ik-hwan, the CEO of Coinnest, while the identities of the other executives and the other exchange have not been made public. The prosecutor’s…
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April 5, 2018 0
Listing Rumor

XRP Outlook Sours as Coinbase Quashes Listing Rumor

XRP Outlook Sours as Coinbase Quashes Listing Rumor Ripple’s XRP token was the darling of the crypto markets 24 hours ago on rampant speculation that the cryptocurrency will finally take its spot on Coinbase’s exchanges. But it wasn’t to be. Prices popped to a 12-day high of $1.08 before Coinbase poured cold water on the enthusiasm, making it clear…
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March 6, 2018 0

Over $1: XRP Rises As Ripple-Coinbase Rumors Renew

Over : XRP Rises As Ripple-Coinbase Rumors Renew The price of the third-largest cryptocurrency by total value is up 16 percent Monday, buoyed by speculation it could soon see a major exchange listing. Indeed, comments on social media indicate investors now expect XRP price to extend Monday’s gains ahead of an alleged appearance by CEO Brad Garlinghouse on CNBC’s…
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March 5, 2018 0
Trials Ripple

One South Korea´s Largest Banks Trials Ripple, Hints Full Integration in 2018

One South Korea´s Largest Banks Trials Ripple, Hints Full Integration in 2018 Chosun, South Korea’s largest business-focused mainstream media outlet, reported that one the country’s largest banks Woori trialed Ripple payments for remittances. Trials Ripple Woori’s digital strategy department successfully processed payments on the Ripple blockchain network and according to the company, Woori might be able to…
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March 2, 2018 0
Korean

20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations

20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations Over twenty cryptocurrency exchanges in South Korea have agreed to undergo evaluations, including the country’s top four exchanges: Upbit, Bithumb, Coinone, and Korbit. This is part of their self-regulatory efforts, in conjunction with the Korean Blockchain Association. 21 Exchanges Participating So Far The Korean Blockchain Association, an…
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February 22, 2018 0
Bitcoin Price

Bitcoin Price Tops $11,600 Amid Keen South Korean Trading

Bitcoin Price Tops $11,600 Amid Keen South Korean Trading Bitcoin’s recovery continues apace, with prices passing $11,600 in the morning’s trading. According to CoinDesk’s Bitcoin Price Index, at around 07:00 UTC today, the cryptocurrency reached $11,645.12, before dropping slightly again. At time of writing, the bitcoin global average was at $11,462. Notably, valuations are higher over…
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February 20, 2018 0
Bithumb

Korean Exchange Bithumb Is Accepting New Users Again

Korean Exchange Bithumb Is Accepting New Users Again South Korean cryptocurrency exchange Bithumb is now accepting new investor registrations following integration of new regulator-mandated “know-your-customer” (KYC) procedures. In an announcement on its homepage, Bithumb said that, starting from Feb.9, investors on the platform will be able to confirm their real identity through accounts at Nonghyup Bank. The…
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February 9, 2018 0
Pyongyang

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ.…
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February 6, 2018 0
Cryptocurrency

January 2018: Cryptocurrency Bloodbath

January 2018: Cryptocurrency Bloodbath Mere weeks after Bitcoin peaked at close to $20,000 in December 2017, a widespread crash brought the crypto top dog and rest of the cryptocurrency market, down to its knees. While Bitcoin was already on a steady decline since reaching its all-time high valuation, the magnitude of the situation worsened on…
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February 2, 2018 0