A leading South Korean professor from the Hongik University does not believe cryptocurrencies are safe from market recession. On June 11, South Korean experts stated through local media that cryptocurrencies are a “poor choice” of safe-haven assets during the COVID-19 pandemic. According to The Scoop, Professor Hong Ki-hoon of Hongik University stated that crypto-assets like […]
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Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019. Seychelles-based exchanges led the world in cross-border Bitcoin (BTC) transactions in 2019. What Switzerland is to the world of watchmaking, Seychelles is to the world of crypto exchanges. The small island nation with a total population of less than 100,000, presents a […]
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The Advancing Blockchain Act could allow the United States to join other major players at the cutting edge of blockchain technology. Governments worldwide are reaping the benefits of blockchain integration within a number of fields. As Dubai deploys blockchain as part of its smart city initiative, citizens of Georgia interact with the technology to register […]
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South Korean insurance giant KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. Major South Korean insurance firm KB Insurance plans to implement a blockchain-enabled mobile message delivery system for its clients. According to a June 9 report by industry news outlet Ledger Insights, KB will use the system jointly […]
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The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium. South Korea’s NH NongHyup Bank has announced a new consortium with a local law firm and a blockchain laboratory to jointly develop digital asset-based financial services. According to the Korea Herald on […]
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South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug. Busan, the second-largest city in South Korea, has launched an identification app that uses a public blockchain to verify citizen information. The app was developed by Coinplug, a Korean startup working within the regulatory sandbox […]
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A Korean blockchain game company has launched a native NFT marketplace for Korea’s multi-billion dollar game sector. Korean Blockchain gaming company PlayDapp has launched a marketplace for non-fungible tokens (NFTs), offering Korea’s multi-billion gaming industry a native gateway into digital assets. Announced on June 8, the new platform, ‘PlayDapp MarketPLAce,’ advertises itself as providing free […]
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Decentralized technologies can help to avoid jeopardizing citizens’ private data in the name of public health during the global pandemics. In an effort to keep citizens safe, state authorities have rapidly implemented various emergency plans to curb the spread of COVID-19. In South Korea, the movements of infected citizens are being broadcasted via public text […]
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Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs. South Korean tech giant, Kakao, listed its Klaytn blockchain-issued Klay (KLAY) token via a local cryptocurrency exchange on June 5. This news follows their launch of a new crypto wallet feature in KakaoTalk earlier the week. After […]
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Tune in now to the premiere of Cointelegraph’s latest documentary How to Create an Event: Making of Blockshow. Despite crypto being an almost completely digital industry, offline conferences and events are an integral part of the space. They facilitate the flow of ideas and build the groundwork for lucrative connections and networking. The worldwide consequences […]
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