New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million. New York-based blockchain company ConsenSys is reportedly seeking investors to raise $200 million, technology media outlet The Information reported on April 15. According to sources familiar with the matter, ConsenSys is trying to attract outside investors to raise $200 million. The company’s […]
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The desk’s first two altcoins could be a taste of more to come, the company suggests. Japanese cryptocurrency exchange Coincheck has added its first two altcoins to its recently launched over-the-counter (OTC) trading desk, Cointelegraph Japan reported on April 15. Coincheck, which began operating its OTC service with Bitcoin (BTC) at the start of the […]
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Blockchain Exchange Alliance will use the funds to expand outreach and add extra trading pairs, the company says. The parent company of major South Korean cryptocurrency exchange Bithumb has received $200 million in funding from Japan’s ST Blockchain Fund, the latter confirmed in a press release shared with Cointelegraph Japan on April 15. The cash, […]
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Bithumb confirmed that troubling market conditions spurred the losses, which come despite 17% sales growth. South Korean cryptocurrency exchange Bithumb had a net loss of 205 billion won ($180 million) in 2018 due to the Bitcoin (BTC) bear market, local English-language daily news outlet Korea Times reported on April 11. Citing data from the exchange’s […]
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Bithumb used a third-party accounting firm to assess its holdings after losing funds to what it suspects was a company insider. South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11. Bithumb, South Korea’s largest exchange, […]
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South Korea’s state arms procurement agency DAPA plans to use blockchain for secure sharing of data about military acquisition projects. South Korea’s Defense Acquisition Program Administration (DAPA) plans to improve the reliability of data in the arms industry by using blockchain, the agency announced in a press release on April 10. The state arms procurement […]
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Authorities fed information about related schemes to an “AI Investigator” as part of a sting operation to catch the scheme’s two perpetrators. South Korean police have arrested suspects behind a cryptocurrency ponzi scheme using artificial intelligence (AI), local English-language news outlet Korea Joongang Daily reported on April 8. The scheme, which reportedly stole a total […]
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A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation. A cross-party group of South Korean lawmakers have reportedly called on the government to ease regulation of cryptocurrencies and blockchain technology. The news was reported by local English-language newspaper the Korea Herald on April 7. Notwithstanding the ruling Democratic […]
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An overview of one of the most controversial figures in the crypto community. Recently, it was revealed that Craig Steven Wright, one of the most controversial figures in the crypto community, had filed 114 blockchain patents since 2017. He also quit Twitter, where he would often publish his opinions on anonymity (bad), Bitcoin SV (the […]
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The South Korean government is looking to re-evaluate existing cryptocurrency policies in order to facilitate the maturity of the cryptocurrency market. South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4. Speaking at the Deconomy conference in Seoul, top government officials reportedly […]
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