South Korea Cryptocurrency Crackdown: Crypto Traders Could Face Fines

Mergers, Regulation | January 15, 2018 By:

The South Korean financial authorities are planning to impose penalties against local cryptocurrency traders who refuse to convert their virtual accounts into real-name ones.

Cryptocurrency investors are currently able to trade anonymously by using virtual accounts. The government, however, will implement new measures to crack down on cryptocurrency trading on or around January 20.


Crypto Startup Korbit Acquired By Gaming Giant Nexon

FinTech, Innovation, Investing, Mergers, News | September 26, 2017 By:

South Korean exchange Korbit has inked a stock-trading agreement with gaming giant Nexon that will see its management rights merged into the larger company.

Nexon specializes in PC and mobile gaming, publishing such titles as Dungeon&Fighter and MapleStory. The company’s massive multiplayer online role-playing games and quizzes use micro-transactions for in-game purchases.


Rivetz, Telefonica Partner to Provide Cybersecurity Services

Announcements, Blockchain, Innovation, Investing, Mergers | September 11, 2017 By:

Rivetz has teamed with Telefonica USA to improve mobile device security. The partnership will allow Rivetz to immediately integrate Telefonica’s CyberThreats Detection & Response Service.

Rivetz is a provider of mobile, decentralized security solutions for business customers worldwide. The company offers a number of applications and a developer tool kit to enable a broad range of services,