Korea’s Largest Exchange Korbit Introduces Ethereum Wallet
Korbit first introduced Etereum trading on March 25, exactly a month ago from today. Korea’s largest bitcoin exchange Korbit has become the country’s first startup to showcase an Ethereum wallet for users to withdraw and deposit Ether with greater convenience. Korbit first introduced Etereum trading on March 25, exactly a month ago from today. Since then, Korbit has seen a substantial growth in the daily trading volumes of Ether and the Korbit development team has been dedicating a significant part of their operations in developing Ethereum-related products. Currently, the Korbit team is....
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Korbit, Korea’s largest Bitcoin exchange has announced the launch of Ethereum Classic trading, which enables Korbit users to purchase and sell ETC for KRW, without any fees. On July 18, the Korbit development team officially announced their decision to halt Ethereum trading - including ETH deposits and withdrawals - to prevent users from being affected by the hard fork. First major Bitcoin exchange in Korea to support Ethereum Classic. The Korbit team told its users that the exchange will resume Ethereum trading once the network settles and becomes more stable. The Korbit team said in an....
Korbit, the leading South Korean Bitcoin exchange has announced the inclusion of Ethereum on its platform. Ethereum now has the whole world’s attention. The cryptocurrency and smart contracts platform is now being included in most of the exchanges that were only dealing with Bitcoin, the firstborn of the cryptocurrency ecosystem. The South Korean Bitcoin exchange, Korbit has become the latest bitcoin exchange to include Ethereum into its order books. Korbit is the first Korean Bitcoin exchange founded by Tony Lyu. The company is based in Seoul, South Korea. The inclusion of Ethereum by....
SEOUL, Feb. 5, 2016 — The Bitcoin and blockchain service Korbit has unveiled a new service called Hyphen that the company calls an “aggregator for cross-border payouts settled via distributed ledgers.” The new platform allows users to make direct-to-bank payouts across 24 countries worldwide. Hyphen takes a 1% fee per transfer that they claim is resolved....
South Korea’s largest cryptocurrency exchange, Upbit, is facing a second major security crisis after 44.5 billion won (around $30–32 million) in digital assets were drained from a hot wallet, with authorities “strongly” suspecting North Korea’s Lazarus Group. According to ICT industry sources and government officials cited by Yonhap News on November 28, investigators are focusing […]
Having been in operation for nearly one year and accumulating on the order of 20,000 registered users in that time frame, South Korea's first and largest bitcoin exchange - Korbit - is reported to have received $400,000 in seed investment funding from Silicon Valley venture capitalists. The Valley's interest in this exchange halfway around the globe likely stems from the fact that the operation is already profitable. The exchange's success is, in part, attributable to the South Korean government's involvement - who is said to have provided funding to allow Korbit to get venture....