South Korea
South Korea's Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products.
Upbit Operator Dunamu Invested $46 Million in Blockchain Startups in Last Year
South Korean firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested $46 million in 26 blockchain startups over the last year.
Crypto Exchange Bithumb Posts $180 Million Loss for 2018
Bithumb, South Korea’s largest cryptocurrency exchange, has posted a net loss of 205.5 billion won ($180 million) for 2018.
South Korea's Military Acquisitions Agency Plans Blockchain Pilot
The South Korean military acquisitions agency hopes a blockchain system can boost security and efficiency in defense business operations.
Korean Crypto Scam Fleeced Investors for Over $18.5 Million
Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.
Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job
South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.
Korean Actor Invests in Blockchain Seafood Trade Startup
South Korean actor and businessman Bae Yong-joon has invested an undisclosed sum in blockchain-based seafood trade startup Seamon.
Kakao’s Blockchain Arm Raises $90 Million in Private Token Sale
Ground X, the blockchain subsidiary of South Korea's Kakao, has raised $90 million in a private coin offering, Bloomberg says.
Developer of Blockchain Project ICON Denies IPO Plan Reports
South Korea-based ICONLOOP, the firm behind blockchain project ICON, has denied reports it's moving to go public.
South Korean Crypto Exchange Declares Bankruptcy Citing Embezzlement
South Korean cryptocurrency exchange Coinbin has declared bankruptcy, in part due to claimed embezzlement by a former exec.
