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 [...]
SEOUL, March 5 (Korea Bizwire) — Online cryptocurrency services have come a long way since recording fewer than a million visitors per month early last year. Thanks to soaring valuations of bitcoin and other currencies starting in August, the once unheralded sector’s web traffic has surged since then, welcoming 5.09 million visitors in January according [...]
SEOUL, March 2 (Korea Bizwire) — North Korea is believed to have raked in more than US$200 million via digital cryptocurrency transactions last year amid international sanctions over its nuclear and missile programs, a U.S. broadcaster reported Friday, citing a former U.S. National Security Agency (NSA) cyber security official. The North is estimated to have [...]
SEOUL, Feb. 12 (Korea Bizwire) — Bitcoin made up 32.7 percent of all cryptocurrency trading in South Korea in December, the lowest ratio among global exchanges, a local think tank said Sunday. In a report released Sunday on the Korean cryptocurrency trade and its characteristics, the Korea Insurance Research Institute (KIRI) said the ratio of [...]