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The Korea Herald

Blockchain

May 15, 2019
Dunamu invests $46m in blockchain startups in 2018

Dunamu, operator of global cryptocurrency exchange Upbit, announced on May 15 that it have invested more than 55 billion won ($46 million) in 26 blockchain companies along with its investment subsidiary Dunamu & Partners since they announced a three-year plan to invest a total of 100 billion won int...
April 24, 2019
Social media veteran bets on blockchain

For Kwak Jin-young, founder and CEO of blockchain company Sigmachain, creating a globally successful service has always been his dream. He led the team that designed Cyworld, which was popular in South Korea before the era of Facebook and Kakao Talk. “Cyworld and Kakao all failed to become a global...
April 10, 2019
DAPA seeks blockchain platform for transparency in defense projects

South Korea’s state arms procurement agency will push to build a blockchain-based platform to enhance transparency and efficiency in conducting defense acquisition projects, officials said on April 10.　A blockchain refers to a growing list of digital data organized in blocks and managed by multipl...
April 07, 2019
Lawmakers call for blockchain regulations to be eased

A bipartisan group of lawmakers has recently ratcheted up calls for deregulation of the blockchain industry, as the financial regulator has adopted a conservative attitude toward the easing process due to procedural reasons.While the ruling Democratic Party has focused on comprehensive deregulation ...
February 21, 2019
Deconomy’s 2nd edition to be held on April 4-5 in Seoul

The second Deconomy blockchain conference will be held on April 4-5 in Seoul under the themes of “Blockchain and Finance,” and “Blockchain and Technology.”At the first event last year, high-profile blockchain figures and experts, including David Chaum, Joseph Poon, Ian Grigg, Vitalik Buterin, an...
February 21, 2019
Hedera Hashgraph forecasts useful blockchain apps to hit market soon

Blockchain and cryptocurrency markets have been on a downslide over the past year in line with the ever-falling digital currency values. Despite the current difficulties facing the markets, the co-founders of Taxas-based public distributed ledger company Hedera Hashgraph said that they remain positi...
January 31, 2019
Korea vows to maintain ICO ban after 3-month review

[THE INVESTOR] The Korean government on Jan. 31 said it will maintain a strict ban on initial coin offerings, saying that a three-month investigation proved they are very risky. ICOs emerged as new funding methods for startups, becoming popular in late 2017 and 2018 along with the hype of cryptocurr...
January 30, 2019
Backed by Yozma, Israel-based blockchain firm Orbs to focus on Korea

[THE INVESTOR] Orbs, an Israel-headquartered blockchain company, is bringing its enterprise-focused technologies to Korea as it seeks to expand the usage by companies, the startup said on Jan. 29 as it announced a partnership with Yozma Group Korea. “Our goal is to provide end-to-end solutions for ...
January 23, 2019
Korea still has potential to lead blockchain: experts

[THE INVESTOR] Despite the nose-diving value of digital currencies in the past several months, crypto and blockchain industries still have growth potential and are worth paying attention to, according to experts at Chain Plus, a two-day conference being held in Seoul. “The blockchain and crypto ind...
January 21, 2019
Money20/20 Asia to include Token Day

[THE INVESTOR] Money20/20, the world’s largest fintech and payment conference, said on Jan. 21 that it has launched Token Day as part of its Asian edition. During the event, taking place on March 19-21 in Singapore, industry experts including IBM CTO Stanley Yong and Ripple CTO David Schwartz, will...
January 17, 2019
Crypto exchange Bithumb scales down on poor market conditions

[THE INVESTOR] BTC Korea, operator of Korea’s largest cryptocurrency exchange Bithumb, is paring down its workforce as the market is showing no signs of an upturn, according to industry sources on Jan. 17.Once the largest crypto exchanges in the country, Bithumb has retrenched 30 employees, account...
December 17, 2018
Upbit becomes No. 3 crypto exchange in trade volume

[THE INVESTOR] Upbit, the nation’s largest crypto exchange operated by Dunamu, has become the third-largest globally in terms of trade volume, according to the latest report of Blockchain Transparency Institute published on Dec. 13.BTI has published exchange rankings since August, with aims to offe...
December 07, 2018
BOScoin deploys blockchain-based voting on its mainnet

[THE INVESTOR] BOScoin, one of the forerunners of initial coin offering in Korea, announced the results of its first voting process carried out on its mainnet SEBAK on Dec. 7. A mainnet is a network system on which actual transactions take place and applications are operated. BlockchainOS CEO Choi Y...
November 30, 2018
[INTERVIEW] Dunamu’s Lambda 256 seeks to be blockchain enabler

[THE INVESTOR] Blockchain is the latest buzzword across businesses, with many heralding the budding technology as the “new internet.” Despite the hype, however, its wide adoption around the world has been rather slow. Blockchain, the underlying technology behind Bitcoin and Ethereum, is at a crit...
November 20, 2018
Bitcoin, Ethereum tumble amid growing uncertainties

[THE INVESTOR] Bitcoin prices have dropped below US$5,000 for the first time this year, dragging down other major cryptocurrencies amid growing uncertainties. Bitcoin, which has already lost more than 65 percent of its value this year, declined more than 22 percent last week, latest CoinDesk data sh...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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