SINGAPORE, Nov. 9 (Korea Bizwire) — Located in the UK, GiftChill recently revamped its website. As an international leader in the gift card industry, GiftChill offers a unique one-stop-shop experience for customers seeking to purchase gift cards online. Customers can now use the GiftChill website to browse hundreds of featured gift cards, check product reviews, and [...]
ST PETER PORT, Guernsey and NEW YORK, Sept. 21 (Korea Bizwire) — Global Telephony Company, Webtel.mobi, (“WM”) is about to recommence unrestricted Global Operations with a Global Digital Currency that it has been confidentially testing and refining since 2009. WM first developed its TUV Digital Currency as a fully functional dual-use product – a Global [...]
SEOUL, June 1 (Korea Bizwire) — Seoul police said Tuesday they have recently cracked down on more than 520 drug trafficking suspects on charges of distributing, selling or buying drugs over the dark web using cryptocurrencies. The Seoul Metropolitan Police Agency said 521 suspects — 49 distributors and sellers of smuggled drugs and 472 drug [...]
SEOUL, May 28 (Korea Bizwire) — Despite the burgeoning interest in cryptocurrencies in South Korea, a majority still believe that investing in the digital currencies is speculative and without substance. Four Seoul-based pollsters — Embrain Public, KSTAT Research, Korea Research International Inc. and Hankook Research — conducted a survey of 1,008 male and female adults [...]
SEOUL, May 26 (Korea Bizwire) — South Korea’s credit card companies are cutting overseas automated teller machine (ATM) withdrawal limits as part of their risk management efforts. The nation’s largest credit card company, Shinhan Card Co., announced on Tuesday that it will reduce per-client overseas ATM withdrawal limits to US$50,000 per month starting from next [...]
SEOUL, May 11 (Korea Bizwire) — Increasing number of younger South Koreans are struggling with frustration over investment in the so-called ‘altcoins’, low-price and high-risk cryptocurrencies. Many university students and recent lower-income graduates are showing up at hospitals to treat psychological stress caused by fluctuations in altcoin prices. An individual referred to only as Song, [...]
SEOUL, March 16 (Korea Bizwire) – The market value of cryptocurrencies in South Korea has shot up nearly 10 times over the past three years amid keen investor interest, industry sources said Tuesday. According to local cryptocurrency exchange Upbit, its market index stood at 9,742.62 points as of 5:45 p.m. Monday, almost 10 times the [...]
SEOUL, March 15 (Korea Bizwire) — South Korea’s tax agency said Monday that more than 2,400 delinquent taxpayers have stashed away 36.6 billion won (US$32.2 million) in bitcoin and other cryptocurrencies to hide their assets. The National Tax Service (NTS) said it has cracked down on 2,416 taxpayers who have hid their income or inherited [...]
SEOUL, March 9 (Korea Bizwire) — The average daily transaction amount of cryptocurrencies is skyrocketing on the back of rising investment fever. The combined transaction amount of the nation’s four major cryptocurrency exchanges totaled 445 trillion won (US$389 billion) during the period from Jan. 1 to Feb. 25, far exceeding last year’s yearly total of [...]
WELLINGTON, New Zealand, Sept. 24 (Korea Bizwire) — BitHarp Group Limited ( www.BitHarp.com ), an experienced manufacturer of crypto mining hardware, is rapidly emerging as a trusted name amongst individuals looking to make a profit by mining cryptocurrencies at home. The company’s recently launched products Lyre Miner and Harp Miner are characterized by low heat and noise [...]