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Tag: south korea

Klaytn Blockchain Is 15x Faster Than Ethereum, Kakao Says

Klaytn Blockchain Is 15x Faster Than Ethereum, Kakao Says

Kakao's recently launched Klaytn blockchain network via GroundX takes pride in its fast block mining time, which is one-fifteenth of Ethereum's record.

South Korean Court Acquits Bithumb, Determines That Cryptos Are ‘Mainly Used as Speculative Means’

South Korean Court Acquits Bithumb, Determines That Cryptos Are ‘Mainly Used as Speculative Means’

Bithumb, South Korea's largest cryptocurrency exchange, has been cleared by a local court of any liability over an alleged KRW400-million hack in 2017.

Never-Ending Crypto Futures Contracts Now Available on OKEx Through Perpetual Swap

Never-Ending Crypto Futures Contracts Now Available on OKEx Through Perpetual Swap

On December 3, trading platform OKEx announced at its NEXTGEN Conference the launch of the new Perpetual Swap, a perpetual cryptocurrency futures contract.

Regulate, Tax? Cryptos’ Effect on Global Economy Tackled in G20 Argentina ‘18

Regulate, Tax? Cryptos’ Effect on Global Economy Tackled in G20 Argentina ‘18

Crypto users might face taxes and rules in the future after G20 leaders revealed plans of regulating cryptos to fight money laundering, among other reasons.

Bank of Korea Says Crypto Assets Have ‘Limited Impact’ in SoKor Market

Bank of Korea Says Crypto Assets Have ‘Limited Impact’ in SoKor Market

Bank of Korea, South Korea's central bank, reported that the amount invested in crypto assets is not enough to pose a threat to the country's market.

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