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The Korea Herald

Blockchain

September 06, 2018
Naver vs. Kakao blockchain platform war set to erupt

[THE INVESTOR] A new war between Korea’s top internet giants is about to erupt as they gear up for mass adoption of blockchain technology with their own platforms and tokens. Naver , the nation’s leading internet portal operator, has introduced LINK Chain and its cryptocurrency Link through it...
September 04, 2018
Kakao’s blockchain unit to unveil first platform Klaytn

[THE INVESTOR] Korea’s leading mobile company Kakao, operator of the leading messenger app KakaoTalk, will unveil its first blockchain platform in October, industry sources said on Sept. 4. Its subsidiary GroundX will introduce Klaytn, a service oriented enterprise-grade public blockchain platfo...
August 31, 2018
Blockchain experts push for ICOs, Crypto Valley in Korea

[THE INVESTOR] Even after the Korean government rolled out a series of measures to cool down the heated cryptocurrency market earlier this year, there have been numerous blockchain-related conferences and meetups, proving that country continue to be the centerpiece of this emerging technology. Bu...
August 30, 2018
Terra warms up to give PayPal run for its money

[THE INVESTOR] Korean blockchain startup Terra said on Aug. 30 that it has raised a total of US$32 million from global investors, which the company said would help speed up the ongoing development of its blockchain-based payment solutions. Top-tier cryptocurrency exchanges and fund operators, inc...
August 28, 2018
Block Seoul conference to kick off next month

[THE INVESTOR] Block Seoul ( blockseoul.com ), a four-day conference that will gather industry experts, creators and investors from around the world, will be held on Sept. 16-19 in Seoul next month. The conference will focus on the ever-changing landscape of technology, and how human beings use...
August 27, 2018
Coinone kicks off operations in Indonesia

[THE INVESTOR] Korea’s cryptocurrency exchange Coinone announced on Aug. 27 that it has officially commenced operations in Indonesia. The official launch of the first Korean exchange to foray into overseas markets came almost two months after running a beta service. Coinone Indonesia supports t...
August 27, 2018
[INTERVIEW] Bitcoin expert calls for sensible regulations on cryptocurrency

[THE INVESTOR] Regulations are a heated topic in cryptocurrency market, pushing the price up and down depending on the authority’s stance on the burgeoning industry. With regulators soon planning to finalize Korea’s first legislation on cryptocurrency, industry watchers are curious on what the ...
August 24, 2018
[BLOCKFESTA] Steemit feels no need to disrupt Facebook

[THE INVESTOR] Steemit, a blockchain-based social media platform with more than 1 million users globally, is fast gaining a footing in Korea. In terms of traffic, Korea makes up 9.9 percent, the second largest after the US, its home market, with 22.3 percent. Considering the dominant language...
August 24, 2018
[BLOCKFESTA] ‘Bitcoin Jesus’ bullish on Bitcoin Cash adoption in Korea

[THE INVESTOR] Cryptocurrency enthusiasts Roger Ver, CEO of Bitcoin.com, is out to promote Bitcoin Cash, an offshoot of the world’s largest cryptocurrency, in Korea. Ver, referred to as “Bitcoin Jesus,” is known as the world’s first investor in Bitcoin startups. Recently, he has shifted his f...
August 22, 2018
[BLOCKFESTA] Tech lawyer urges blockchain firms to seek ‘smaller ICO’

[THE INVESTOR] The days of firms raising tens of millions of dollars through ICOs may have gone -- at least in Korea -- as heightened regulatory scrutiny has made it extremely difficult for blockchain projects to get big funding these days. “The government’s hardline stance shows no sign of eas...
August 16, 2018
Bitcoin ATM Coinme to make Korea debut in Q4

[THE INVESTOR] US blockchain startup Coinme, which operates cryptocurrency ATM machines, on Aug. 16 said it is seeking to roll out its service in Korea before the year-end. Seattle-based Coinme is the first licensed Bitcoin ATM operator in the US, allowing consumers to set up an account, buy and ...
August 13, 2018
TEAMZ Blockchain Summit to kick off next month in Tokyo

[THE INVESTOR] More than 2,000 entrepreneurs and investors will be flocking to Japan next month to attend TEAMZ Blockchain Summit, one of the largest gatherings in the blockchain and cryptocurrency industry. The two-day event will be held on Sept. 28-29 at Warehouse Terrada in Tokyo. TEAMZ, the o...
August 10, 2018
How to invest in blockchain ICOs?

[THE INVESTOR] Spotting the next “hot startup” is not an easy job for investors. And when it comes to the burgeoning blockchain sector, it gets even more difficult as experts are still gauging the limits and possibilities of the nascent technology. Then how should investors bet their fortunes ...
August 08, 2018
‘Treasure shipwreck’ CEO backs off from Jeil Steel acquisition

[THE INVESTOR] The CEO of embattled Shinil Group on Aug. 8 said it may scrap its plans for acquiring Jeil Steel. “Under the circumstances, it has become difficult to pay off the installments, so we have asked Jeil to reconsider the deal based on thorough legal reviews,” he noted. His remarks c...
August 08, 2018
[BLOCKFESTA] Roger Ver, Samson Mow to clash again at Blockfesta forum in Seoul

[THE INVESTOR] The war of words between Bitcoin.com owner Roger Ver and Blockstream Chief Strategy Officer Samson Mow is expected to be revived at the upcoming Blockfesta 2018 blockchain forum to be held in Seoul on Aug. 22-23. Roger Ver The two high-profile cryptocurrency entrepreneurs clashe...

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