Korea

ICOs Still Forbidden as Korea Designates “Blockchain Special Zone” in Busan

Korea’s central government has designated port city Busan as a “special free zone” for the development of blockchain technology (encrypted and distributed databases), but...

S. Korea battles a “beehive account” boom

South Korea is abuzz about “beehive accounts”—complicated, umbrella accounts that are run by small crypto exchanges to mask the identity of individual traders. ...

South Korea Taps the Power of the Blockchain

South Korea’s Ministry of Foreign Affairs has declared a blockchain pilot that will mean to check the validity of the legally approved money-related power...

North Korea Exploits Southeast Asian Cryptocurrency Exchanges

North Korea could represent a danger to nations over Southeast Asia as it hopes to misuse digital currency trades because of loopholes in administrative...

North Korea could target Southeast Asia’s cryptocurrency sector: RUSI

"North Korea has gone to extremes to raise funds and evade international sanctions, recently expanding these efforts to include the exploitation of cryptocurrencies such...

UN Expert Panel Says North Korea Has Been Stealing Millions of BTC

North Korea has been taking a huge number of dollars from crypto trades in an offer to dodge monetary endorses and lift the economy,...

‘Bank Panic’ And Reduced Lending: Korea Warns Of Central Bank Digital Currency Risks

But it’s not all doom and gloom.On February 7, the Bank of Korea (BOK) published a working paper outlining some of the detriments and...

Latest news

Sonic V2.2 doubles smart contract size limits for developers

Sonic V2.2 doubles the maximum deployed contract size from 24 KiB to 48 KiB and initialization code from 48...

ByteDance Secures $29.6B Loan from 30 Banks for AI Push

TikTok parent ByteDance secured a $29.6 billion loan from nearly 30 Chinese and international banks, up from an initial...

Musk: Tesla IPO value was a thousandth of current value

Tesla stock fell roughly 6% on Friday after the Cybercab launch event in Austin disappointed investors expecting a wider...