Author: Felipe Erazo

South Korean telecom launches blockchain wallet for official documents

CoinTelegraph

The South Korean telecom giant SK Telecom has announced it will issue its first digital wallet for blockchain-powered digital certificate storage and management with the approval of the Ministry of Public Administration and Security. According to NewsTomato, SK’s Wallet is Read More

Bittrex Global gets cleared to run crypto exchange from Bermuda

CoinTelegraph

Crypto exchange Bittrex Global received the green light from Bermuda’s financial watchdog to run its operations under the supervision of local authorities. According to the official announcement, the company got a full “Class F Digital Assets Business Act” license from Read More

Samsung’s new blockchain pilots are all about transparently tracking medicine

CoinTelegraph

Samsung SDS will conduct a series of pilot projects in November to test blockchain-powered medicine distribution management. The goal of these tests is to guarantee transparency in the process of tracking pharmaceutical drugs. According to Yankup, the IT branch of Read More

Mandatory KYC verification may contradict privacy laws in South Korea

CoinTelegraph

With the South Korean government preparing to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, there is confusion among legal experts as to whether the requirements contradict other laws. According to Digital Today, the new requirements would contravene the Read More

South Korean gov pledges to bring blockchain voting into people’s homes

CoinTelegraph

The Blockchain frenzy in South Korea has now reached the housing sector, with the national government pledging $1.27 million in funding for a blockchain-based platform that targets apartment residents across the country. According to ZDNet Korea, the South Korean Ministry Read More

A Gov official in South Korea proposed the nation’s first blockchain voting platform

CoinTelegraph

On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country. According to UpDown Korea, Cho Eun-hee, who is the local government leader Read More

Binance will ‘do what they can’ to help recover funds stolen in yesterday’s $5M Eterbase hack

CoinTelegraph

Eterbase, a Slovakia-based crypto exchange, was recently the victim of a $5M hack. According to an update from Eterbase, some of these funds appear to have ended up on a number of popular exchanges, including Binance, Huobi Global, and HitBTC. Read More

Minecraft is set to launch its own NFTs before the year is out

CoinTelegraph

Minecraft, a best-selling game and worldwide phenomenon, is about to make its debut in the non-fungible token, or NFT, business thanks to a partnership between two players in the blockchain industry. According to the announcement, Japanese crypto exchange Coincheck and Read More

‘Exclusive mining’ could have negative implications for the Blockchain industry, say experts

CoinTelegraph

Dr. Elias Strehle of the Blockchain Research Lab and Lennar Ante of the University of Hamburg recently warned that blockchain nodes engaging in exclusive mining “have no incentive to forward new transactions to their peers.” They speculated that crypto miners Read More

Latin America sends a ton of crypto to Asia, and vice versa

CoinTelegraph

New York-based blockchain analytics firm Chainalysis has published new research highlighting there have been up to 200,000 crypto transactions in the past year, worth more than $1 billion between Latin America and Asia. The study Latin America Mitigates Economic Turbulence Read More

It’s been 4 months & KeepKey’s hardware is still vulnerable to remote ransom attacks

CoinTelegraph

They are apparently working on other things that are of a higher priority. A Shift Crypto employee successfully deployed a ransom attack on Trezor and KeepKey hardware wallets last May. While Trezor released a fix on September 2, KeepKey has Read More

Logistics system provider will connect Dutch ports via blockchain

CoinTelegraph

Dutch logistics solutions provider, Portbase, has successfully completed the first phase of their integration with blockchain-based platform, TradeLens. Together, they will handle operations and core processes for ports in Amsterdam and Rotterdam. According to the announcement, both Portbase and TradeLens Read More

Here’s why the Head of the Chechen Republic has such a strong disdain for cryptocurrencies

CoinTelegraph

The Chechen leader Ramzan Kadyrov shared some harsh comments about cryptocurrencies amid growing interest in the technology amongst Chechnya’s citizens. According to Pravda, Kadyrov claimed that the media is presenting crypto “as the new gold,” provoking what he calls a Read More