Posted in Cryptocurrency

NEXON Denies Reports Linking It to The Sale Of Bithumb Exchange For $460M

Bithumb South Korean Conglomerate, NEXON, Denies Reports Linking It to The Sale Of Bithumb Exchange For $460M South Korean gaming…

Continue Reading... NEXON Denies Reports Linking It to The Sale Of Bithumb Exchange For $460M
Posted in Cryptocurrency

Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M

Bithumb Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M South Korean cryptocurrency exchange Bithumb…

Continue Reading... Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M
Posted in Altcoin News Crypto News

Korean Gaming Giant Set To Acquire Bithumb For $594 Million

Nexon, the leading South Korean online game developer, is currently planning to acquire the number one cryptocurrency exchange in Korea,…

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Posted in Cryptocurrency

Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ $84 Million in Crypto

South Korean authorities are pushing for Coinbit executives’ prosecution for wash trading and market malpractices on their exchange. Local reports…

Continue Reading... Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ $84 Million in Crypto
Posted in Cryptocurrency

Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022

South Korean lawmakers have allegedly proposed to delay the upcoming income tax rule on crypto-assets by three months from its…

Continue Reading... Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022
Posted in Altcoin News Crypto News

South Korea to Invest $17 Billion in Blockchain and 5G

The South Korean authority has taken a step further to actualize its dreams of emerging as the leader in the…

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Posted in Cryptocurrency

Court Enforces Seizure of Korean Crypto Exchange Bithumb’s Shares

South Korean regulators have seized the share of the local cryptocurrency exchange Bithumb from its major investor. The move has…

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Posted in Altcoin News Crypto News

North Korean Hackers Have Stolen About $2 Billion From Crypto Exchanges

The amount of illegal funds that have been acquired by North Korean fraudsters through series of illicit activities including hacking…

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Posted in Cryptocurrency

South Korean Exchange, Coinbit, Accused Of Wash Trading 99% Of Its Volume

South Korean exchange, Coinbit, was accused of wash trading 99% of its trade volumes by authorities. Coinbit netted over 100…

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Posted in Cryptocurrency

South Korean Govt. Permits Blockchain-Based Free Trade Zone for Industrial Hemp

The South Korean government has granted a permit to Andong city in Gyeongbuk province of South Korea to run a…

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