South korea

Last month, the South Korean exchange Bithumb lost about $13 million worth of cryptocurrency to hackers. Now, South Korea’s National Police Agency has seized an external server believed to be associated with the attack.

The company had reportedly lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claims that the move was “due to a rise in debt following an employee’s embezzlement.”

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine.

As part of its desire to forge deeper ties with the Chinese government, Huobi Group, the parent company of digital asset platform Huobi, has formed a Communist Party committee in China

The Korea Advanced Institute of Science and Technology (KAIST), is working with Theta Labs to introduce students to an entirely new set of coursework regarding the applications of blockchain technology.

Aiming to create an SEC and FINRA-compliant U.S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture.

South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification

South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies.

The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.

The blockchain is widely considered to be one of the most revolutionary forms of technology in modern society. While it is typically used for...