Chinese cryptocurrency exchanges, which rank 1st to 3rd in the global virtual currency exchange rankings, are actively advancing into the Korean market.Following Huobi Korea's official declaration that it will open a market where virtual currencies can be traded in Korean won by the end of this
Bithumb, the biggest cryptocurrency exchange in South Korea, has been excluded from a global cryptocurrency exchange ranking on the grounds that it is highballing its transaction volume.Bithumb is suspected of generating a considerable amount of transactions through promotion events in which it retu
Global cryptocurrency exchanges are seeking to break into the South Korean market one after another following BitPoint, the third largest exchanges in Japan. They aim to expand an ecosystem by participating in the domestic market, which is the third largest in the world.According to industry sources
Game developers are going in the cryptocurrency-related industry one after another because they believe that they can make profit immediately and the structure of virtual currency can create a synergy with game money in the long term.According to IT industry source on January 22, NHN Entertainment C
Although the government is even considering the shutdown of cryptocurrency exchanges on fears about an overheating in cryptocurrency speculation, OKCoin, the fourth largest cryptocurrency exchange in the world, is reportedly moving to launch in South Korea. Accordingly, the competition between excha
The price of virtual currency bitcoin surpassed 9 million won (US$8,246) for the first time ever, creating the investment frenzy. As South Korea's cryptocurrency exchanges have experienced a series of traded breaks or connection failures, there is growing concerns over investors’ losses. On November