Bitcoin Archives | Page 9 of 11 | Be Korea-savvy

Hminers Disrupts the Cryptocurrency Market with Powerful, Multi-Algorithm Mining Rigs

MIAMI, Aug. 18 (Korea Bizwire) — In their relentless efforts to deliver state-of-the-art products related to cryptocurrency, Hminers has recently launched three brilliantly designed bitcoin mining rigs. The unique features and capabilities of the company’s new H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U have already grabbed the attention of the cryptocurrency [...]

Mo’ Money Mo’ Problems: Digital Currency Landscape Riddled with Fraud

Mo’ Money Mo’ Problems: Digital Currency Landscape Riddled with Fraud

SEOUL, Jul. 12 (Korea Bizwire) — It’s a brave new world that brings new technology but the same old problems. Rising values of cryptocurrencies (digital currencies) such as Bitcoin and Ethereum have attracted the attention of droves of investors and speculators, but fraudulent investment companies have risen up in their wake. The Korean National Police Agency [...]

S. Korean Gov’t to Publicly Embrace Cryptocurrencies

SEOUL, Jul. 4 (Korea Bizwire) — The South Korean government is accelerating its efforts to embrace the use of cryptocurrencies typified by bitcoin in the public sector, amid growing demand for digital assets that could replace physical money in the future. Lawmaker Park Yong-jin, a member of South Korea’s ruling Democratic Party, announced on Sunday plans [...]

Hackers Threaten Banking Institutions With DDoS Attacks

Hackers Threaten Banking Institutions With DDoS Attacks

SEOUL, June 27 (Korea Bizwire) – Hackers who threatened to launch a distributed denial-of-service attack (DDoS) made good on their promise by attacking a number of South Korean banking institutions on Monday. According to the Financial Supervisory Service (FSS), a hacker group called the Armada Collective targeted the Korea Financial Telecommunications & Clearings Institute (KFTC), [...]

Foxminers Launches Revolutionary Mining Chip

Foxminers Launches Revolutionary Mining Chip

LOS GATOS, Calif., Apr. 24 (Korea Bizwire) — Some people say that cryptocurrency mining is getting harder day by day, but now has been “out-foxed” by a new announcement from Foxminers, currently releasing worldwide, the world’s first dual-miner hardware, which uses both SHA-256 and Scrypt to mine bitcoin and litecoin (https://foxminers.com/products/). Both dual-miners can also [...]

North Korea Stole 100 Million Won in Bitcoin per Month from 2013-2015

North Korea Stole 100 Million Won in Bitcoin per Month from 2013-2015

SEOUL, April 13 (Korea Bizwire) – North Korea stole more than 100 million won (US$88,100) in the virtual currency bitcoin from 2013-2015 as part of efforts to increase the country’s hard currency, Radio Free Asia reported Thursday.  Choi Sang-myong, a senior official at South Korea’s cybersecurity firm Hauri Inc., told the U.S.-based media outlet that [...]

Popularity of Bitcoin Fading in Korea

Popularity of Bitcoin Fading in Korea

SEOUL, Dec. 12 (Korea Bizwire) – Bitcoin – once hailed as the world’s digital currency of the future – is gradually waning in popularity.  According to the Financial Supervisory Service, the amount of bitcoin in circulation at three of Korea’s largest bitcoin exchanges was 1.49 million from January to October this year, a number that [...]

S. Korea to Expand System for Digital Currency

S. Korea to Expand System for Digital Currency

SEOUL, Oct. 24 (Korea Bizwire) – South Korea announced Monday it will lay the systemic groundwork for the spread of digital currency as part of efforts to promote financial technology, also called fintech.  “The government will push for the systematization of digital currency on a full scale in tandem with a global trend in the [...]

pH Miners Inc’s New Deal Offers $3000 Savings on Bitcoin and Litecoin Miners

pH Miners Inc’s New Deal Offers $3000 Savings on Bitcoin and Litecoin Miners

NEW YORK, Apr. 11 (Korea Bizwire) — pH Miners Inc have launched a special offer on their powerful Bitcoin and Litecoin miners which will enable customers to buy four miners for the price of three, saving an impressive $3000. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bda9439e-1925-4eeb-9349-6d69660ac72b The new offer allows customers to mix [...]