Two major presidential candidates on Wednesday competitively propose pledges on virtual assets to woo young voters who have been investing in cryptocurrencies.
Wemade said that it will find ways to compensate investors in its Wemix cryptocurrency after the coin lost almost 70 percent of its value. The company had been selling Wemix coins to finance investments. In a YouTube livestream on Thursday, CEO ...
A rocket using homegrown technology blasted off on Oct. 21 and made it into space, a major milestone in Korea’s decades-old efforts to make it into space.
Gains from trading digital coins are not subject to taxation in Korea regardless of how much money you make. Prices of some are skyrocketing by hundred and thousand times and then crash in the cryptocurrency market.The government...
Young Koreans think real estate is the most critical investment when planning for their futures.
Bitcoin prices hit a new record for the first time in roughly seven months on Tuesday, as a single bitcoin is now valued at 82 million won ($70,000). The latest hike was credited to the record-breaking increase of the U.S. futures-based bitcoin ETF.
A man who threatened to set the offices of a cryptocurrency exchange ablaze says he acted out after losing money using the service. The man was arrested late last week after dousing himself in highly flammable paint thinner and threatening...
A board at Coinone, a cryptocurrency exchange operator, in Yongsan, central Seoul on Thursday shows the price of bitcoin rising. According to Bithumb, the price of bitcoin in Korea rose 7.89 percent on Thursday.
Oligopoly became a reality in the cryptocurrency trading market with only four exchanges, Upbit, Bithumb, Coinone and Korbit, inking partnerships with banks by the Sept. 24 deadline.
Sept. 24, 2021 will be remembered by some local cryptocurrency fans as doomsday as some 30 exchanges were forced to close and another two dozen became the walking dead with a big chunk of their business now forbidden.