Almost 40 people involved in the “Nth Room” case were identified by South Korean authorities. South Korean authorities have managed to trace the digital fingerprints of at least 40 people suspected of having paid with cryptocurrencies to access videos of rape and sexual exploitation of minors in the context of the “Nth Room” case. According […]
Continue ReadingThe cryptocurrency exchange made the decision in the midst of allegations that Monero transactions were used for criminal acts. Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did […]
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South Korean cryptocurrency exchanges are reportedly aiding local police in a child-porn ring investigation. Four South Korean cryptocurrency exchanges reportedly are assisting local law enforcement authorities in the investigation of the so-called “nth rooms” case that has grabbed headlines nationwide. According to the report published on March 25 by Chainnews, Upbit, Bithumb, Coinone, and Korbit collaborated […]
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Blockchain security firm CertiK has released a demo and language reference manual for its smart contract security-focused DeepSEA programming language. Blockchain security firm CertiK has released a demo and language reference manual for its smart contract-focused DeepSEA programming language. Both CertiK and its affiliated R&D academic projects have received funding from the likes of Binance […]
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Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting […]
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Crypto exchange UpBit announced that 342,000 ETH worth about $50 million were sent to an unknown wallet. Major South Korean cryptocurrency exchange — run by a subsidiary of Korean tech giant Kakao — has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. The incident was confirmed in an official statement […]
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Large crypto exchanges appear to have slowed misreporting of their trading volumes in 2019, according to a new Chainalysis report. Large crypto exchanges appear to have stopped misreporting their trading volumes in 2019, a new study by Chainalysis says. According to the New York-based blockchain analytics firm, there are still some crypto exchanges including Bitforex […]
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With the opening of Korean HQ in Seoul, Cointelegraph looks deeper into local regulatory landscape… South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile, […]
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Altcoin trading platform Coinexchange has announced that it is shutting down due to financial difficulties. Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties. In an official announcement on Oct. 1, the platform noted that the closure was purely a business decision and is not connected to any security […]
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Court rules that CoinOne exchange must compensate hacked investor 25 million won. A South Korean court ruled on Sept. 25 that the CoinOne cryptocurrency exchange must reimburse 25 million won ($20,800) to an investor after he was hacked. The attacker used the investor’s personal login and password to steal 45 million won, while a daily […]
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