Category: News

Singapore’s Crypto Market Blooms as Korea’s Largest Exchange Moves In

Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, has officially announced the launch of Upbit Singapore, which will be fully operational by October. Upbit Singapore CEO Alex Kim explained in an official statement that local users in Singapore will be able to trade all of the cryptocurrencies integrated by partner exchange Bittrex ...

Seoul-Based Food Delivery Service Now Accepts Bitcoin Cash

This week Bitcoin Cash (BCH) fans were pleased to hear another well-known merchant is now supporting BCH for payments. The South Korea-based food dispatch platform called Shuttle Delivery now accepts BCH for door-to-door meal deliveries throughout the Seoul region. Click here to see more.

Binance’s Fiat-Crypto Exchange Goes Live in Singapore

Binance’s global expansion plans have a new milestone to reach in Singapore. Binance is setting up a new fiat-crypto exchange in the Asian hub. This would be Binance’s latest global shop after Malta, Uganda, South Korea, Jersey, and Liechtenstein. The new fiat-crypto exchange goes live today. However, it is in a beta testing phase and only available ...

Cryptojacking: Attackers Hijack Indian Government Websites to Mine Cryptocurrency

Hackers stole the processing power of several Indian government websites to mine cryptocurrencies, researchers found. Citizen portals such as that of the municipal administration of Andhra Pradesh (AP), Tirupati Municipal Corporation and Macherla municipality are among the hundreds of Indian websites that are found to be infected by cryptojacking malware. Cryptojacking, as the term indicates, ...

Fiat withdrawals in South Korean exchanges for verified accounts only

Two of the biggest cryptocurrency exchanges in South Korea are requiring accounts to provide real names before allowing withdrawals in Korean won, news.bitcoin.com reported. Click here to see more 

$1.5 Billion Blockchain Fund Founders to Finance Yen-Pegged Cryptocurrency

The founders of a $1.45 billion investment firm and a dedicated blockchain fund are teaming up to launch a new cryptocurrency whose value would be pegged to the yen. South China Morning Post reports that Grandshores Technology Group, a Hong Kong-based blockchain investment firm, is raising HK$100 million (US$12.7 million) to bootstrap the project, which aims ...

China Central Bank Warns of Cryptocurrency, ICO Risks in Public Notice

The People‚Äôs Bank of China (PBoC), the country‚Äôs central bank, has issued a public notice urging investors of risks in cryptocurrency trading and initial coin offerings (ICOs). The Shanghai branch of the PBoC issued a¬†public notice¬†on Tuesday to ‚Äúremind‚ÄĚ consumers and investors to increase their risk awareness of ICOs ‚Äď a radical form of fundraising ...

With Over 10,000 Blockchain Startups, Guangdong Has Been a Blockchain Hub in Southern China

In the name of the well-known blockchain startup Ripple,a new cryptocurrency pyramid scheme known as Ripple Reserves(or Ripple Fed) has bilked hundreds of thousands of naive investors out of a substantial sum of money in China, according to local news outlet BlockBeats. Ripple Reserves describes itself as a cutting-edge storage platform for Ripple’s proprietary tokens ,XRP,  and is initiated by the so-called ...

Police in Shanghai Arrested Suspects Who Attempted to Sell Data of 130 Million Consumers for 8 Bitcoin

Police in Shanghai have arrested the suspects who posted the sale message on a dark web forum in an attempt to sell data of 130 million hotel guests for 8 bitcoins. The hotel embroiled in the data breach, Huazhu Group Limited (NASDAQ: HTHT), is a leading and fast-growing hotel group in China, owning more than 10 ...

90% of Cryptocurrencies Have Near-Zero Daily Trading Volume Amid the Extended Crypto Winter

Trading data of a major cryptocurrency exchange shows that only over 200 cryptos were traded over the past 24 hours, and the remaining saw a nearly-zero trading volume, China’s blockchain news account Yiben Blockchain reported on Monday.