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Expelled Indonesian Undergraduate Busted for Alleged Cryptocurrency Mining

Expelled Indonesian Undergraduate Busted for Alleged Cryptocurrency Mining

ULSAN, Feb. 7 (Korea Bizwire) — A science and technology university has referred an expelled undergraduate from Indonesia to the immigration authorities on suspicion that the student used the university’s computer room to mine digital currencies, school officials said Thursday. The 22-year-old man entered the school in the southeastern city of Ulsan in 2014 and [...]

Another Cryptocurrency Fraud Case Further Dampens Market Sentiment

Another Cryptocurrency Fraud Case Further Dampens Market Sentiment

SEOUL, Dec. 21 (Korea Bizwire) — The cryptocurrency market, already reeling from a free-fall in the values of key digital currencies, was dealt another blow on Friday as officials at South Korea’s No. 1 cryptocurrency exchange were indicted for offering fraudulent transactions and swindling money from investors. The three officials at Upbit — a board [...]

The North American Bitcoin Conference Stands Out as One of 2019’s Most Important Worldwide Crypto Events

The North American Bitcoin Conference Stands Out as One of 2019’s Most Important Worldwide Crypto Events

MIAMI, Dec. 18 (Korea Bizwire) — via CryptoCurrencyWire – 2019 will kick off with what has become widely accepted as one of the most important blockchain conferences of the year. The North American Bitcoin Conference, sponsored by Keynote and part of the World Blockchain Forum, will take place Jan. 16-18, 2019, at the James L. [...]

S. Korea’s Bithumb Eyes U.S. Security Token Exchange

S. Korea’s Bithumb Eyes U.S. Security Token Exchange

SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s top cryptocurrency exchange Bithumb has signed a deal with a U.S. fintech company to set up a security token exchange in America, industry sources said Thursday. The agreement with SeriesOne calls for Bithum to invest in and provide technical support for the establishment of the envisioned security [...]

S. Korean Crypto Exchange Bithumb Sold to Singaporean Consortium

S. Korean Crypto Exchange Bithumb Sold to Singaporean Consortium

SEOUL, Oct. 12 (Korea Bizwire) — South Korea’s biggest cryptocurrency exchange, Bithumb, has been sold to Singapore-based BK Global Consortium, industry insiders said Friday. BK Global finalized its contract with the digital money exchange’s largest shareholder, BTC Korea Holdings, on Thursday to buy 50 percent plus 1 stake for 400 billion won (US$352.5 million), according [...]

CoinField Crypto Exchange Reveals the List of 8 New Coins and a Powerful Matching Engine for Global Expansion in September

CoinField Crypto Exchange Reveals the List of 8 New Coins and a Powerful Matching Engine for Global Expansion in September

VANCOUVER, British Columbia, Aug. 29 (Korea Bizwire) — CoinField, Canada’s most advanced Bitcoin and cryptocurrency exchange is continuing its rapid expansion, announcing the growth of its international reach, a host of 8 new coins available for trading, acceptance of 4 new fiat currencies, across-the-board fee reductions, and a revolutionary step forward in its matching engine [...]

BITTECH Offers the World First Miner for NeoScrypt Algorithm

BITTECH Offers the World First Miner for NeoScrypt Algorithm

HONG KONG, Aug. 28 (Korea Bizwire) — BITTECH Limited launches brand new Bittech NS miner for NeoScrypt algorithm. Initially, NeoScrypt was considered to be ASIC resistant. However, finally, it lost ground. The same was with Ethash and Equihash algorithms when BITMAIN and Innosilicon launched respective ASICs. The official release points out that new Bittech NS [...]

Riedel Releases Report on Crypto Leader AC3 with Coin Value of $20.52

Riedel Releases Report on Crypto Leader AC3 with Coin Value of $20.52

SAN FRANCISCO, Jul. 23 (Korea Bizwire) — AC3, the trusted leader in the digital content and education marketplace, announces the release of the Riedel research report. The report is an independent analysis of AC3’s decentralized platform, utility value and medium-term coin value. “Our focus from day one was to bring institutional quality governance and operations [...]