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In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance Huobi Launches Trial of EOS Exchange In the … Read more
The South Korean government has released the results of its security inspection of cryptocurrency exchanges. Only seven of them passed all 85 of the inspection points. Fourteen previously-inspected exchanges still have not improved and 17 new crypto exchanges did not meet security standards. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations … Read more
The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 Exchanges Inspected South Korea’s government has announced the result … Read more
South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Theft Amount Reduced South Korea’s … Read more
Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it … Read more
It was to be expected that the recent Coinrail exchange hack would not go by unnoticed. Although its impact on the cryptocurrency market has been minimal, the South Korean authorities want to thoroughly investigate the incident. As such, the Coinrail offices have been “taken over” by the Korea Internet & Security Agency. KISA Eyes Coinrail Office … Read more
The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days to resolve their issues and safeguard their systems. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March … Read more
South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar Second Accident in a Year Youbit announced on its website on Tuesday that it … Read more
