Tag: south korea

Jan 16 2021

K-Pop Sensation Mamamoo to Mint Digital Collectibles on Polkadot

Jan 16 2021 Published at CoinDesk under tags  k-pop mamamoo markets nfts non-fungible tokens

The popular K-Pop girl band's parent company RBW is now selling its singers' digital products on the blockchain.

Jan 07 2021

South Korea’s 20% Crypto Tax Now Coming in 2023: Report

The cryptocurrency tax was originally planned to be implemented in late 2021.

Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing to Acquire 65% Stake in Bithumb

Bithumb, the largest South Korean crypto exchange is reportedly in talks with Nexon, a multi-billion dollar gaming conglomerate as per several local media reports. The report says Nexon plans to take 65% of Bithumb. The local report said, Nexon Group plans to buy out (acquired management rights) Bithumb in partnership with Bident, a major shareholder The post Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing...

Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing to Acquire 65% Stake in Bithumb

Bithumb, the largest South Korean crypto exchange is reportedly in talks with Nexon, a multi-billion dollar gaming conglomerate as per several local media reports. The report says Nexon plans to take 65% of Bithumb. The media reports suggest that Nexon signed a Memorandum of Understanding (MOU) at the start of the month which would allow The post Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing...

Jan 06 2021

First Mover: Bitcoin Hits Record as `Blue Wave’ and `Kimchi Premium’ Look Bullish

Jan 06 2021 Published at CoinDesk under tags  bitcoin election2020 first mover markets news

Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi premium' back in force.

Jan 05 2021

Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.

South Korean Whales Accumulating BTC on Exchanges, Can Coinbase Buyers Hold Bitcoin Above 30k?

Jan 05 2021 Published at Coingape under tags  asian markets bitcoin bitcoin news btc btcbrl

Bitcoin is currently trying to solidify its position above $32,000 after experiencing high volatility over the past couple of days after the...

Dec 23 2020

South Korea’s Hashed Raises $120M Venture Fund for Crypto Deals

Dec 23 2020 Published at CoinDesk under tags  business hashed south korea venture capital

Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks.

Hashed Ventures Forms $108M Fund to Invest in Blockchain and ‘Protocol Economy’ Startups

Dec 23 2020 Published at CoinDesk under tags  blockchain funds business coinflash defi hashed

The regulated fund is aimed to help grow the DeFi and blockchain ecosystem by attracting institutional investors, said CEO Simon Kim.

Nov 27 2020

Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters

Nov 27 2020 Published at CoinDesk under tags  business crime cryptocurrency exchanges markets

The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.

Nov 25 2020

South Korea May Delay Implementation of 20% Crypto Tax Till 2022

The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.

Nov 18 2020

Huobi Prime Bidder to Purchase Top South Korean Bitcoin Exchange, Bithumb

Nov 18 2020 Published at Crypto Briefing under tags  acquisition business south korea

A report from South Korean news outlet The Bell reveals that Huobi is the prime bidder among companies trying to acquire Bithumb Holdings, the parent company of...

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