The United States sees the most traffic to cryptocurrency exchanges, according to recent research. The United States is the top source of traffic to cryptocurrency exchanges globally, Cointelegraph Japan reported on June 1. The research was released by crypto news outlet The Block on May 31. The study shows that 24.5% of the total traffic […]
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The FSB said in its latest report that regulators need to improve their risk assessment strategies to keep up with innovations in the cryptocurrency sector. G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, […]
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A security firm analyzing the content of the emails believes a Pyongyang hacker group masterminded the scheme. Hackers from North Korea were behind a phishing scam targeting users of South Korean cryptocurrency exchange UpBit, Korean-language cryptocurrency news outlet CoinDesk Korea reported on May 29. According to findings by local cybersecurity firm East Security, the scam […]
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A senior official warned U.S. measures were pressuring Pyongyang into finding illicit channels of income. United States sanctions incentivized North Korea to launch cyberattacks involving cryptocurrency, a senior FBI official told a conference. The comments were quoted by South Korean English-language news outlet Korea Herald on May 30. Speaking at an event organized by U.S. […]
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Following Coinnest’s closure, South Korea’s bitcoin trading volumes reached an all-time high on LocalBitcoins. Bitcoin (BTC) trading volumes in South Korea have recently reached new levels on peer-to-peer (P2P) exchange LocalBitcoins, according to charts on BTC statistics service Coin Dance. According to the data, bitcoin weekly trading volumes have surged over the past two weeks, […]
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A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s crypto space. A South Korean pan-governmental meeting has reportedly been held to establish closer monitoring of the country’s cryptocurrency market amid the recent sharp uptick in crypto valuations. The news was reported by local broadcasting station KBS World Radio […]
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The new platform helps consumers in Asia determine the quality, provenance and authenticity of imported wines. Big Four audit firm Ernst & Young (EY) is providing its proprietary blockchain solution for a major new platform that helps consumers across Asia determine the quality, provenance and authenticity of imported European wines. The news was revealed in […]
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Shinhan Bank introduced its blockchain-powered lending platform, allowing clients to get loans without face-to-face interaction. Korea’s oldest bank, Shinhan Bank, has launched a blockchain-enabled lending platform to speed up the loan process, South Korean news agency Yonhap reports on May 27. Shinhan Bank’s blockchain-powered loan system intends to boost cost and time efficiencies in the […]
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Following a $6 million token sale on Binance Launchpad, Fetch.AI will work with German telecom giant Deutsche Telekom. A unit of German telecom giant Deutsche Telekom will work with Binance-listed project Fetch.AI (FET) to develop decentralized IoT network innovations, according to a press release shared with Cointelegraph on May 22. Fetch.AI, a Cambridge-based tech startup, […]
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Japan’s FSA will reportedly review the anti-money laundering policies of various crypto exchanges ahead of an inspection by international regulators. Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. […]
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