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Crypto Loses Its Shine in South Korea as Equity Rally Accelerates

Crypto Loses Its Shine in South Korea as Equity Rally Accelerates

SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s cryptocurrency market is rapidly losing favor with investors as capital flows decisively toward a booming stock market, reversing a trend that once saw digital assets eclipse equities in trading volume. According to data from CoinGecko, the country’s largest crypto exchange, Upbit, ranked just 26th globally in 24-hour trading [...]

20 Indicted for Moving 4 tln Won Overseas for Cryptocurrency ‘Kimchi Premiums’

20 Indicted for Moving 4 tln Won Overseas for Cryptocurrency ‘Kimchi Premiums’

SEOUL, Jan. 18 (Korea Bizwire) — Prosecutors have indicted 20 people on charges of illegally remitting about 4 trillion won (US$3.2 billion) worth of funds overseas to buy cryptocurrencies abroad and sell them back in South Korea at a premium, officials said Wednesday. The Seoul Central District Prosecutors Office, in collaboration with the Seoul branch [...]

DollarBack Comes to the Rescue of Crypto Scam Victims

DollarBack Comes to the Rescue of Crypto Scam Victims

ZURICH, Sept. 19 (Korea Bizwire) — For any crypto investor, it’s nothing unusual to come across scammers. While it’s undeniable that the number of these fraudsters is increasing alarmingly across the cryptospace, it’s shockingly true that more and more people continue to get hoodwinked through these deceptive schemes. For such hapless victims, DollarBack, a small [...]

Due to Popular Demand, bitcoinblack Opens Membership Waitlist for No-Limit Crypto Credit Card

Due to Popular Demand, bitcoinblack Opens Membership Waitlist for No-Limit Crypto Credit Card

MIAMI, July 22 (Korea Bizwire) — The bitcoinblack community, which is limited to 10,000 members globally, today announces it is taking applications for their waitlist. According to company executives, the move is in response to growing demand from community members eager to become an exclusive bitcoinblack credit card holder. bitcoinblack members all receive the world’s only no-limit, [...]

OKX Partners with TradingView, Bringing 260+ More Cryptos to the World’s Top Investing Site

OKX Partners with TradingView, Bringing 260+ More Cryptos to the World’s Top Investing Site

VICTORIA, Seychelles, July 19 (Korea Bizwire) – OKX, the world-leading cryptocurrency platform, today announced a partnership with TradingView, the number one most visited investing site in the world, that enables retail users to execute trades on OKX from their TradingView account. The integration of OKX makes over 260 more cryptocurrencies directly accessible to TradingView’s 30 million customers, with OKX [...]

OKX Awarded Dubai VARA Provisional License as It Prioritizes Expanding in a Regulated Environment

OKX Awarded Dubai VARA Provisional License as It Prioritizes Expanding in a Regulated Environment

VICTORIA, Seychelles, July 14 (Korea Bizwire) – OKX, the world-leading crypto trading app, today announced that it has been granted a provisional virtual assets (VA) license to provide services to qualified investors in the UAE. Granted by the Dubai Virtual Assets Regulatory Authority (VARA), OKX’s provisional license for Dubai allows it to extend certain exchange products and services [...]

OKX Launches Block Trading as Latest Innovation for Institutional and Pro Crypto Traders

OKX Launches Block Trading as Latest Innovation for Institutional and Pro Crypto Traders

VICTORIA, Seychelles, June 30 (Korea Bizwire) – OKX, the world-leading cryptocurrency platform, today launched Block Trading, which allows professional and institutional users to execute large, privately negotiated transactions off the order books. OKX is the only crypto exchange to provide a block trading platform that allows investors to execute crypto spot, futures, options, and perpetual swap trades, [...]

DEAPcoin to Be Listed on Huobi Global, One of the Largest Crypto Asset Exchanges

DEAPcoin to Be Listed on Huobi Global, One of the Largest Crypto Asset Exchanges

SINGAPORE, June 28 (Korea Bizwire) — Digital Entertainment Asset Pte. Ltd. (DEA), the Singapore-based GameFi platform behind the “PlayMining” ecosystem, revealed its native DEAPcoin (DEP) token will be listed on June 30 11:00 (UTC+8) on “Huobi Global”, one of the world’s leading and largest exchanges for crypto assets. “Huobi Global”, founded in 2013, is a [...]