Korean Government Launches Investigation into Crypto Hacks

Korean Government Launches Investigation into Crypto Hacks

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Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it…

Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

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Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Korean Government’s Solution Following recent reports of multiple security breaches at cryptocurrency exchanges,…

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System

Bithumb to Lower Withdrawal Limit for Crypto Traders Not Using Real-Name System

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One of South Korea’s largest cryptocurrency exchanges, Bithumb, has reportedly announced that it will gradually lower the withdrawal limit for any accounts that have not been converted to real-name ones, citing risks of financial crimes. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Lowering Withdrawal Limit Bithumb reportedly said on Monday that it has “decided…

Zilliqa (ZIL) Update: Up 190% Over Past Month on Testnet Launch and Exchange Listings

Zilliqa (ZIL) Update: Up 190% Over Past Month on Testnet Launch and Exchange Listings

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Zilliqa’s price continues to increase after the successful launch of its testnet and addition of new exchange listings. It is currently ranked the twenty-third largest coin by market cap according to coin rankings, with a market cap of $1.3 billion. Zilliqa is up 190.41% over the past 30 days. What is Zilliqa? Zilliqa is a…