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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 [...]

Regulator to Step Up Oversight of Bank Accounts for Cryptocurrency Trading

Regulator to Step Up Oversight of Bank Accounts for Cryptocurrency Trading

SEOUL, Jun. 27 (Korea Bizwire) — The financial regulator said Wednesday it will bolster oversight of bank accounts used for cryptocurrency transactions, in the latest effort to prevent cryptocurrencies from being exploited for money laundering. In a statement, the Financial Services Commission (FSC) said it will step up monitoring of money transfers between local and [...]

Peeks Social Wallet Accepts Bitcoin Transactions

Peeks Social Wallet Accepts Bitcoin Transactions

TORONTO, Apr. 12 (Korea Bizwire) — Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to announce that the Peeks Social wallet is now accepting Bitcoin transactions. The ability to instantly interact and transact using Bitcoins represents an important shift by the Company towards the future of online currency transactions.  Users of [...]

Twenty-somethings, 30-somethings Eager to Own Digital Currency

Twenty-somethings, 30-somethings Eager to Own Digital Currency

SEOUL, Mar. 27 (Korea Bizwire) – South Koreans who are in their 20s and 30s are familiar with cryptocurrencies and willing to invest in them amid the recent craze for the new type of digital money, a survey showed Tuesday. Some 21.6 percent of 2,511 respondents said they are conscious of cryptocurrencies, with the number soaring to [...]

RSK Chooses Decentral’s Jaxx Blockchain Platform, Paving Way for Smart Contracts On Bitcoin

RSK Chooses Decentral’s Jaxx Blockchain Platform, Paving Way for Smart Contracts On Bitcoin

BUENOS AIRES, Argentina, Mar. 16 (Korea Bizwire) — RSK, the smart contract platform powered by the Bitcoin network, today announced it has launched on Decentral’s Jaxx cryptocurrency wallet and multi-token digital platform. This integration paves the way for RSK’s open source platform to implement Ethereum-style smart contracts over the Bitcoin network. RSK combines the flexibility [...]