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Korea’s Internet Security Agency readies blockchain identity app for employees

On 31 August 2020, the Korea Internet Security Agency (KISA) announced plans to introduce a blockchain-based decentralized identity (DID app) for its employees. KISA...
Bithumb, a virtual asset exchange, provides a virtual asset deposit service. Users who are not familiar with virtual asset trading can stably make profits with this service.

Police Raid South Korean Crypto Exchange Bithumb – Reports

Police in South Korea are reportedly searching the headquarters of Bithumb, the nation’s biggest crypto exchange per trading volume as part of an investigation...

LG CNS leads the establishment of world standards for ‘next generation digital identification’

LG CNS announced on Sept. 1 that it will participate as a steering member of the Trust Over IP Foundation (ToIP Foundation), a global...

Koran Local banks embrace blockchain technology

It's fair to say the retail banking sector, at least, is already in a "red ocean" because it's been losing trust with its customers...
A headquarter of Upbit, Gangnam-gu, Seoul. Dec.21st, 2018/News1 © News1 Lee Seung-bae

Upbit exchange added digital asset phone number transfer function

The phone number remittance function can be used by clicking the “Withdrawal” tab of the digital asset you want to remit from the “Deposit...

Asian cryptocurrency exchanges occupy over 95% of the entire cryptocurrency futures market

A new survey has revealed that the total cryptocurrency futures market share of Asian cryptocurrency exchanges, including Korea, exceeds 95%. CoinDesk quoted a report from...

Police seize Korean crypto exchange

South Korea’s third-largest cryptocurrency exchange has been seized by police following fraud allegations, according to Cointelegraph, which cited a report by the Seoul Shinmun....

CryptoQuant launches a Korean cryptocurrency index price disclosure service

Cryptoquant, a cryptocurrency analysis company, announced that it will start a Korean won-based cryptocurrency base price disclosure service. It also provides a'Kimchi Premium' index,...

Will the government official ‘Bitcoin Base Price’ come out?

The ministry of economy and finance is considering how to calculate the'base price' of the cryptocurrency and who will announce it, because a base...

South Korea’s Jeju Island to use blockchain to combat spread of COVID-19

South Korean blockchain technology company ICONLOOP has announced that Jeju Island, the country’s most popular domestic tourist destination, will use its Decentralised Identity (DID)...

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