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 [...]
HONG KONG, CHINA, Sept. 28 (Korea Bizwire) – In the middle of August, about 20,000 short positions increased but only 3487 speculative long positions increased for COMEX gold futures, which is the first instance where the net long position for gold has changed into net short position ever since 2001. As a preferred choice for [...]
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 [...]
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 [...]
SEOUL, Aug. 27 (Korea Bizwire) — North Korea appears to have tried to mine cryptocurrencies on a small scale as transactions of such coins are hard to trace and could be easily used to launder real money, a local report showed Monday. The report, compiled by a research unit of South Korea’s state-run Korea Development [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]