Hacks
UPbit’s hacker leaves with $50 million worth of Ether
UPbit, one of the largest cryptocurrency exchanges based in South Korea, confirmed that it was hacked after rumors were mounting. In a statement, the…
Ali Martinez 3 min read
South Korea News
Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
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Technology
Huobi to launch blockchain phone aimed at Asia
Chinese crypto exchange Huobi will make its first foray into a physical product with the launch of its sixth token offering on IEO platform,…
Technology
Samsung is releasing a better cryptocurrency-enabled smartphone
Samsung is releasing a version of its newest flagship smartphone that supports 34 cryptocurrencies, including Bitcoin and Ethereum, and a variety of DApps, as…
Latest South Korea Crypto News & Analysis
Adoption
Cardano’s venture arm partners with Korean trade associations to drive adoption
Cardano's official commercial and venture arm, Emurgo, signed a memorandum of understanding with two government-approved trade associations in Korea. The partnerships will focus on…
Technology
Samsung releases Ethereum blockchain SDK beta for the latest Galaxy smartphones
In Samsung’s latest move into crypto, the electronics juggernaut made the beta version of its blockchain SDK for the Ethereum blockchain available to partner…
Adoption
The richest in South Korea are actively investing in crypto, showing big interest
A subsidiary of SK Group, one of the largest conglomerates in South Korea that operates the nation’s biggest telecommunications company SK Telecom, is set…
![Why UPbit was the only Korean crypto exchange to record a profit [$120m] in 2018](https://cryptoslate.com/wp-content/uploads/2019/05/upbit-profit-cover-768x274.jpg)
Exchanges
Why UPbit was the only Korean crypto exchange to record a profit [$120m] in 2018
UPbit, the largest crypto exchange in South Korea, was the only exchange to record a profit in 2018. UPbit is operated by Dunamu, a…
Exchanges
Bittrex Launches First IEO: “Initial Exchange Offering,” $6M Token Sale for RAID Token
Bittrex International, a US-based cryptocurrency exchange headquartered in Seattle, announced that it will be hosting the first Initial Exchange Offering (IEO) for RAID's XRD…
Adoption
Samsung’s Galaxy S10 Will Support Cryptocurrency Key Storage
Samsung, the largest smartphone manufacturer in the world by market share, announced that its new Galaxy S10 smartphone will include a feature for securely…
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Technology
Interconnecting Blockchain Project ICON Makes a Push Towards Decentralizing Its Nodes
Exchanges
UpBit Crypto Exchange Executives Indicted for Market Manipulation
Exchanges
Crypto Exchange in South Korea Pulls Exit Scam, Stealing $30 Million
Exchanges