Jan 31, 2020 at 13:02
News
South Korea to Allow Regulatory Sandboxes Related to Blockchain-based Overseas Remittances
The South Korean Ministry of Science, ICT and Communications intends to examine whether or not to allow regulatory sandboxes related to blockchain and distributed ledger technology (DLT)-based overseas remittances after the National Assembly Act (Special Act) on the reporting and use of certain financial transaction information passes the National Assembly.
Jan 10, 2020 at 10:09
News
Famous Lazarus Hackers Steal Cryptocurrency Via Telegram
Lazarus, a famous hacking group originating from North Korea, might be trying to steal Bitcoin and other digital currencies through Telegram. Previously, the hackers from this illustrious group have managed to crackdown a good number of cryptocurrency exchanges and run away with a huge amount of money, and other victim exchanges have declared their bankruptcy.
Dec 23, 2019 at 14:35
News
South Korea to Roll Out Blockchain-based Local Currency
The general situation on blockchain technology and cryptocurrency in Korea is on the rise and developments look to be unstoppable. The country is now working on developing a blockchain-based local currency that works like Bitcoin and other real DLT-based cryptocurrencies.
Aug 16, 2019 at 09:13
News
Bitcoin Now on Galaxy Note 10. Samsung Supports BTC in its Blockchain SDK
The world’s largest information technology firm, Samsung Electronics, headquartered in Seoul, South Korea, has successfully added Bitcoin support to its new upcoming distributed ledger tech (DLT) Keystore Software Development Kit (SDK), and the company has disclosed that its digital currency wallet is compatible with its latest Galaxy Note 10 smartphone handset. Samsung is one of the most active companies adopting cryptocurrency and blockchain solutions in 2018-2019.
Jul 26, 2019 at 09:07
News
British Banking Giant Executes a Blockchain LC Transaction
The British multinational banking giant HSBC has successfully completed a blockchain-enabled Letter-of-Credit (LC) transaction. The Bank announced that it was propagated between South Korea and Vietnam. This marks the first blockchain LC operation for both countries and seventh in the world in general.
Jul 20, 2019 at 12:53
News
A Korean Man is Seeking to Trademark Samsung’s Cryptocurrency and ThinQ Wallet
Various developers are trying to make money using other people’s or company’s popular names and brands. As we talk right now, there is a person in South Korea that is trying to prey on Samsung’s blockchain ultramodern plans by ripping off the Samsung Coin brand. The person behind this move has been identified as Kim Nam-jin.