South Korea

Korea's Biggest Bank Is Preparing to Custody Digital Assets
KB Kookmin, the largest bank in South Korea, is partnering with a blockchain startup to launch a digital asset custody offering.

Every Game This South Korean Startup Makes Has Its Own Blockchain
If you have ten games then you need ten blockchains says Planetarium's CEO Kijun Seo.

North Korean Hackers Target Crypto Exchange UPbit's South Korean Users
North Korean hackers have been using a familiar phishing tool to steal UPbit customer details, security experts allege.

Korean Government Plans Action Over Risks of Resurgent Crypto Market
With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors.

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.

