According to reports, prosecutors in South Korea raided the UPbit , the biggest crypto money market in the country .
According to CoinDesk Korea , auditors from the Prosecutor's Office in the southern Seoul region were searching for the headquarters in the Gangnam-gu district of the stock exchange on May 10-11 .
UPbit is suspected for the charge of transferring the funds of the account...
The financial authorities in South Korea have been following a string of local cryptographic currency exchanges and the stock exchanges in the country are being reviewed by various institutions. The Financial Services Commission (FSC), the country's highest authority in terms of financial regulation, has also begun to examine South Korea-based cryptocurrency exchanges.
One...
By the beginning of 2018, crypto money has not been a sign of much illusion. Panic started on the market after severe price drops; then optimism came again with April. In the moon-lined market, Bitcoin managed to increase its value by 30 percent and made the investor's face laugh, while there were significant increases...
Shown as one of the world's most important software companies, SAP is preparing to become another big company that brings the blockchain industry to its business model.
Torsten Zube, chief operating officer of SAP's Blockchain-based operations , stated that they wanted to control the product supply chain with a Blockchain-based system . They...
Litecoin is now adaptable with the Blocknet Protocol , which means that the LTC can work in decentralized applications (dApps) between blockchains, such as payment channels where LTC payments can be made. This could be considered a payment method for another crypto currency or vice versa.
Blocknet Protocol is a network that allows...
LG CNS, based in South Korea and serving in the information technology field, has started a new service which based on Blockchain technology.
The BlockChain platform, which LG CNS launches under the name of 'Monachain', offers Blockchain-based logistics in the fields of finance, manufacturing and communication.
One of the features of...
In a shared announcement on May 11th , the US multinational technology giant IBM and NGO Global Citizen reported that they would sponsor a blockchain charity platform to decrease poverty
To make sure that one of the major problems facing the optimistic institutions according to the statement from IBM is that the donated funds, which...
HSBC Holdings announced the world's first commercial financing transaction using blockchain. This is an important step to increase productivity and reduce errors in multi-billion dollar international trade.
According to HSBC 's statement, HSBC and Dutch bank ING successfully transferred funds to Cargill , the food and agriculture group.
It is emphasized that the use of the blockchain technology in the banking sector will...
The OmiseGo team is preparing to expand the business alliance with two financial institutions in South Korea. After Ripple (XRP) and EOS succeeded in making such moves, the Omisego team signed an agreement with Shinhan and Woori , two major South Korean banks. Both banks will work on Omisego's Blockchain to ease financial...
As one of the biggest multinational communications technology companies based in China, Huawei Technologies Co. reported that users of smartphones will be able to download bitcoin wallets to new Huawei devices starting from May 11, 2018.
According to BTC.com business associate deputy chairman Alejandro de la Torre, Huawei is going...
