NEW YORK, Mar. 5 (Korea Bizwire) — Arbitrade Exchange Inc., a cryptocurrency merchant exchange and point of sale system, has announced the company has taken a major step forward in commencing its mining infrastructure. Arbitrade said it has engaged Coin Miner LLC to source and provide 65,000 new and used mining units over the next [...]
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 [...]
NEW YORK, Mar. 2 (Korea Bizwire) — Arbitrade, a leading Coin / Crypto Currency exchange, has announced the appointment of Mohammed A. Markatia to its Board of Directors. Mr. Markatia, as CEO of 24Seven Technologies, joins Arbitrade with over 30 years experience in retail, distribution and information technology and a proven track record of conceiving, [...]
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 [...]
CUPERTINO, Calif., Feb. 28 (Korea Bizwire) — ShoCard, a blockchain-based identity management (IM) ecosystem, today announces its upcoming initial coin offering (ICO) for its cryptocurrency ShoCoin (SHO). The cryptocurrency will provide a financial mechanism for users and service providers to securely engage in transactions that use an individual’s identity and other personal attributes with less [...]
NEW YORK, Feb. 27 (Korea Bizwire) — The Boards of Arbitrade and Cryptobonix are pleased to announce they have retained HFW, a global law firm specializing in all areas of international trade and commodities. The firm will help structure and negotiate an agreement enabling the companies to back Cryptobonix tokens with gold and other precious [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s financial regulator said Tuesday the government will support “normal transactions” of cryptocurrencies, about three weeks after it banned their trading through anonymous bank accounts. The remarks by Choe Heung-sik, governor of the Financial Supervisory Service, were seen as being in stark contrast to the government’s previous stance [...]
SINGAPORE, Feb. 14 (Korea Bizwire) – OCOIN (OCN), the cryptocurrency of ODYSSEY, has gone ‘live’ on South Korean exchange, FUNCoin, today, marking its successful entry into the South Korean market for the first time. This means that investors and traders alike are now able to trade across any country or region due to FUNCoin’s global [...]
NEW YORK, Feb. 12 (Korea Bizwire) — NYNJA Group Ltd. (https://www.nynja.biz/), a global communications and mobile technology company, today announced NYNJA, the first international communications app with a built-in digital marketplace and cryptocurrency wallet. NYNJA is a cross-platform app that combines voice, text and visual messaging with robust and secure business management and e-commerce features, [...]
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 [...]