A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform. In Busan, a private-public consortium in South Korea announced their intention to build a blockchain-powered medical tourism platform. No deadline for launch is currently set. According to Gyeongnam Ilbo, the initiative will be led by Busan Bank. They are looking […]
Continue Reading
North Korea-backed hackers are reportedly preparing a massive phishing campaign to take advantage of the COVID-19 crisis. A study by cybersecurity vendor, Cyfirma, warned about a massive phishing campaign that will be launched by the North Korean hacker group, Lazarus, on June 21. The campaign will allegedly target six nations and over 5 million businesses […]
Continue Reading
A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row. The hottest Ethereum topic in June so far has been mysterious transactions that involved millions of dollars being paid to transfer small-to-medium amounts of Ether (ETH) — an activity which normally doesn’t cost more […]
Continue Reading
A new crypto reporting app by the big four accounting firm EY will help clients with tax reporting as the IRS cracks down on tax evasion. Multinational professional services firm Ernst & Young have released a crypto tax app called EY CryptoPrep. It’s a fully automated, web-based Software as a Service (SaaS) product to assist […]
Continue Reading
A former Steem witness received death threats from a Hive user, is DPoS to blame for the Steem/Hive drama? A former Steem witness, who is also a prominent member of Korea’s crypto community, spoke to Cointelegraph and shared proof that he received death threats from a Hive user ahead of Steem’s 0.23 hard fork. The […]
Continue Reading
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country. The South Korean Finance Minister, Hong Nam-Ki, announced plans to impose a tax on cryptocurrency, while speaking to the parliamentary finance committee on June 17. According to a report from local news outlet, Korea JoongAng […]
Continue Reading
Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. The government of Kazakhstan has set a goal to attract $738 million from investments in cryptocurrency related mining activities over the next three years. According to the Astana Times on June 16, Kazakhstan’s Minister […]
Continue Reading
The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea’s central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch. According to a press release the central […]
Continue Reading
To become truly decentralized, blockchain projects should remove dependency on the centralized cloud providers used as their data storage. Across Europe, a privacy row has been brewing over various efforts to use coronavirus contact tracing technology. Contact tracing is the cornerstone of the efforts to track the spread of COVID-19 in an attempt to prevent […]
Continue Reading
KuCoin has launched credit card support for 17 new fiat currencies, with the exchange expanding its services to Latin American and Eastern European customers. Seychelles-based crypto asset exchange KuCoin has significantly expanded its fiat on-ramps, introducing support for 17 national currencies on June 12. KuCoin now supports credit card purchases denominated in over 50 fiat […]
Continue Reading