Tag: South Korea

Korean Political Parties Propose New Crypto Laws
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Korean Political Parties Propose New Crypto Laws

South Korean lawmakers are continuing on in their past efforts of fast-tracking regulations governing the Cryptocurrency sphere in the nation. Should they succeed in this endeavor, South Korea, which is among the largest Blockchain markets in the world, will become a Crypto hub for Crypto enthusiasts and proponents. This plan will leave the possibility of…

Bithumb Recovers Part Of Stolen Crypto Coins
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Bithumb Recovers Part Of Stolen Crypto Coins

Bithumb, the South Korean Cryptocurrency exchange that was hacked a few days ago has claimed to have recovered over $14 million of the stolen funds. This comes after the exchange lost close to $31 million in the hacking incident. Steps Taken By Bithumb After The Hack The hacking incident that happened just over a week…

Federal Employees To Disclose Crypto Holdings
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Federal Employees To Disclose Crypto Holdings

Federal employees have been ordered to report their virtual currency holdings by the US Office of Government Ethics. The New Employee Guidance This new guidance by the Office of Government Ethics, issued on June 18, is going to affect all federal employees including the Justice, army, department of homeland security and others. The notice states…

Apple Bans Using Its Devices For Mining
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Apple Bans Using Its Devices For Mining

Apple has explicitly banned Cryptocurrency mining using its devices, that is iPhone and iPhone. The technology giant has done this by updating its developer guidelines. The Cryptocurrency Mining Ban It is highly unlikely that one can successfully mine Cryptocurrency using just one device. This is because mining requires a lot of energy and computing power…