Korea

Raising US$90 Mil From a Private Round, Kakao’s Ground X Now Opens ICO to The Public

Kakao Group just raised US$90 million in a private coin offering to bolster Ground X, its blockchain development arm—and the company is already eyeing its next funding round. According to Jason Han, CEO of Kakao’s Group X, the initial funding

Read More

LINE Acquires Online Security Research Center

LINE Plus Corporation (the chat app) announced last week that it has acquired GrayHash, an online security research center specializing in “offensive research” and counter-hacking techniques. With the acquisition, the Korea-based GrayHash has been renamed GrayLab and tasked with developing

Read More

South Korea’s First Blockchain-Powered Remittance Service to Thailand and Philippines

This month Coinone Transfer, a payments business and a subsidiary of Coinone, introduced South Korea’s first blockchain-powered remittance mobile app and web service called Cross — offering faster, lower cost payments to Thailand and the Philippines. Unlike other remittance options in South

Read More

9 Finalist for 2nd World Innovative Contribution Awards in Korea

On November 20th the WFPL announced in Seoul 9 finalists for the World Innovative Contribution Awards (WIC) which will be hosted by the World Federation of Power Leaders. This will take place at the main Auditorium Hall of the National

Read More

Korean Gaming Scene Sees Major Capital Injection

It seems like every day that another gaming company is receiving a 100-million-dollar capital injection from a major tech overlord or private investor. Korea’s Long, Booming Relationship with Gaming The amount of investment that is piling into the Korean gaming

Read More

Korea Opens First Blockchain Cafe

Korea is the land of coffee shops. Just walk down any street in Seoul and you’ll find a huge selection of cafes- racoon cafes, book cafes and nap cafes, to name but a few. However, the newest and most innovative

Read More

Korean Government to Invest in Blockchain Technology

The world has been eagerly awaiting news of the Korean government regulating their blockchain technology and cryptocurrency guidelines. Experts have now stated that it should only be a matter of time before this happens. For onlookers, there has been a

Read More

South Korea: Regulation on Crypto Exchanges Becomes “Urgent”

After several hacks for the past few months and an audit from the Korean Blockchain Association (KBA) conducted at the beginning of July, the Korean Financial Services Commission urges local legislators to intervene as soon as possible. “Exchanges are not

Read More

Asian Blockchain Based Social Media Platform Runs Hackathon in Israel

Blockchain-based social media startup Foresting, have announced that they’ve formed a strategic business agreement (MOU) with Israeli video sharing platform, Viewo. As well as enjoying a shared knowledge pool and more progression, the two companies will be hosting a Foresting

Read More

Korean Startup Cubroid: Opening Up a World Through Robots

A few years ago, we could only see robots speaking in Sci-Fi movies. It was regarded as a far-fetched future story that robots would be a part of our lives. However, the world is starting to change and it is

Read More