Places Asia

The NEO Council, which oversees the NEO blockchain framework, posted its monthly update for February and March. The month saw the conclusion of the first NEO development competition, which was co-organized with Microsoft China, updates to NEO’s consensus nodes on TestNet, and the collaboration with various charities and community hackathons throughout Asia and Europe. The […]

South Korea continues to be a hub of activity in the space of crypto, with Seoul’s announcement that it intends to launch its own regional cryptocurrency, the “S coin.” Seoul’s announcement was made by Park Won-Soon, who also said he intends to create a healthier environment for the development of blockchain and virtual currencies in […]

South Korean exchange, Bithumb, has given VeChain a new set of legs, spurring on an unlikely price rally amongst a bloody sea of red. The South Korean exchange welcomed VET with a brazen show of support for the product management platform, using it as a rewards mechanism to seduce new users. Unlocking the gates to […]

Rumors have surfaced that Bitmain is developing a powerful ASIC that threatens to increase centralization on the Ethereum blockchain. Memory bandwidth, the rate at which data is read or stored into a memory chip by acomputer’s processor, has limited ASIC development on the Ethereum blockchain. Mining Ethereum was programmed to be memory bound by design. This […]

In a move to promote crypto education within the world’s 7th largest economy, the Dalit Indian Chamber of Commerce and Industry (DICCI) is launching a Bitcoin mining training program which will span across 30 cities. The program has been devised in conjunction with Dr. Tausif Malik —  a respected local social entrepreneur — and will […]

Rumors have surfaced that Bitmain has developed an Ethereum ASIC miner capable of tanking the Ethereum mining market. Correction: The prediction made in the article below was incorrect. An Ethereum ASIC is feasible has been released since this article was written. At CryptoSlate, we strive to provide you with unbiased and accurate news coverage and have […]

South Korea’s leading messaging platform Kakao Corp said on Tuesday that it would delve into overseas markets and expand its offerings using blockchain technology. Joh Su Yong, co-CEO of Kakao Corp, said that it had included a mix of information services that stretch beyond mobile messaging over the last few months. At present, KakaoTalk is the […]

It’s no secret that we are in the middle of one of the worst refugee crises since World War II. Currently, there are more than 65 million people that are being displaced from their homes due to war and poverty. Often refugees are arriving in their new host countries with little to no money to […]

Bithumb, the behemoth South Korean exchange, announced on Friday an agreement with ‘Korea Pay Services’ that will see virtual currencies made available at thousands of stores across the country. The mobile payment company “Korea Pay Services” operate mobile gift certificates and electronic payment transactions at over 200 franchises, and the partnership will make virtual currencies […]

Amidst a bearish cryptocurrency market, Storm Token surged over 170% following its listing on Upbit, South Korea’s largest cryptocurrency exchange by trading volume. What is Storm Token? Storm Token is an ERC20 utility token that StormX, Inc. used to fund further development of the company’s mobile app, Storm Play. Storm Play utilizes blockchain technology to […]

Deposed search engine juggernaut Yahoo appears to be making a strategic pivot toward blockchain technology with the announcement of plans to launch its cryptocurrency exchange. Nikkei Asian Review reported on Friday that Yahoo Japan would acquire a 40% stake in Tokyo-based BitARG in April. According to the report, Yahoo Japan will spend the ensuing year […]

According to latest reports, the South Korean FSC, Financial Services Commission, is planning to support the adoption of various blockchain technologies in order to foster innovation within the country’s FinTech sector. Korean newspaper JoongAng Daily reported that the nation’s stance towards the crypto-market will be one of inclusivity rather than the other way around. The […]

Jihan Wu continues to expand his crypto imperium and apparently there is nothing in the way to stop him. His company Bitmain seems to be present in most of the core businesses in the field of blockchain industries: The company designs the silicon chips that power the ASICs they have patented, then they assemble the […]

The cryptocurrency market is currently in the midst of an apparent crisis, with Bitcoin down over 20% in the last 7 days, Ethereum down 31%, and virtually all altcoins following suit. The current bearish market sentiment has catalyzed a sell-off that has exacerbated the drop and sparked endless discussion on the root cause of this recent […]

Crypto exchanges have been in the news a lot lately, and not for the right reasons. Last week, Japanese regulators halted operations on several high-profile exchanges amid concerns about their security protocols. The move followed a severe hack on Coincheck, a Japan-based crypto exchange, that was victimized in January. In an official statement on their […]

Amidst intense media speculation, it is being reported that the South Korean government is potentially reconsidering its ICO ban that has been in effect since last September. According to a reputable local newspaper, South Korean financial authorities are in the process of devising new regulations for their country’s crypto sector. Similar to China, South Korea […]

As a decentralized currency, Bitcoin is subject to several eccentricities that traditional fiat currencies avoid. For instance, while global trends can impact the value of a nation’s currency, it’s not subject to the actions and reactions of each country. Digital currencies don’t have that luxury, and the unique actions of different countries have a significant […]

In a concerted effort to crack down on money laundering, Japan’s Financial Services Agency (FSA) has suspended all operations for two crypto exchanges who were found to be indulging in suspicious monetary undertakings. While the ban is not permanent and applicable only for a month, it will be interesting to see how the Japanese government […]