Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform

World’s sixth largest crypto exchange Bithumb is launching a global decentralized trading platform in partnership with blockchain firm One Root Network. South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4. Bithumb has partnered with blockchain firm One Root […]

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South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs

South Korea’s Democratic Party lawmaker urges the state to “open up the road” to ICOs by easing regulations. A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2. According to the article, […]

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Venture Capital Investment in Blockchain and Crypto Up 280% in 2018, Report Shows

A new report from Diar reveals that “traditional” venture capital investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018. “Traditional” venture capital (VC) investment in blockchain and crypto firms has almost tripled in the first three quarters of 2018, according to a new Diar report published September 30. […]

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Korea’s Largest VC Firm Makes First Investment in Enterprise Blockchain Startup

KIP is known for its investments in high-ranking firms, including Naver and Kakao. South Korea’s largest venture capital (VC) firm, Korea Investment Partners (KIP), is investing in its first blockchain startup, TEMCO, according to an October 1 press release. KIP is known for its investments in high-ranking firms that include Naver — Korea’s largest search […]

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Japan’s Messaging Giant LINE Announces New Digital Coin and 5 Decentralized Apps

Japanese social messaging giant LINE has unveiled 5 new DApps and a new Japan-focused coin, as part of a developing token economy. Japanese social messaging giant LINE has unveiled 5 new decentralized applications (DApps) and a new Japan-focused digital coin. The plans were announced in a press release shared with Cointelegraph Friday, September 28. LINE’s […]

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