Browsing the "South Korea" Tag

Upbit Operator Dunamu Invested $46 Million in Blockchain Startups in Last Year

| Yogita Khatri

South Korean firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested $46 million in 26 blockchain startups over the last year.

Crypto Exchange Bithumb Posts $180 Million Loss for 2018

| Yogita Khatri

Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.

South Korea’s Military Acquisitions Agency Plans Blockchain Pilot

| Yogita Khatri

The South Korean military acquisitions agency hopes a blockchain system can boost security and efficiency in defense business operations.

Korean Crypto Scam Fleeced Investors for Over $18.5 Million

| Yogita Khatri

Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

| Wolfie Zhao

South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.

Korean Actor Invests in Blockchain Seafood Trade Startup

| Yogita Khatri

South Korean actor and businessman Bae Yong-joon has invested an undisclosed sum in blockchain-based seafood trade startup Seamon.

Kakao’s Blockchain Arm Raises $90 Million in Private Token Sale

| Yogita Khatri

Ground X, the blockchain subsidiary of South Korea's Kakao, has raised $90 million in a private coin offering, Bloomberg says.

Developer of Blockchain Project ICON Denies IPO Plan Reports

| Yogita Khatri

South Korea-based ICONLOOP, the firm behind blockchain project ICON, has denied reports it's moving to go public.

South Korean Crypto Exchange Declares Bankruptcy Citing Embezzlement

| Yogita Khatri

South Korean cryptocurrency exchange Coinbin has declared bankruptcy, in part due to claimed embezzlement by a former exec.

South Korean Capital’s $1 Billion Startup Fund Will Include Blockchain Firms

| Yogita Khatri

The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.