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South Korea Deploys AI to Bust Crypto Market Manipulation

South Korea’s Financial Supervisory Service has deployed an AI-powered surveillance system to monitor crypto markets and detect unfair trading practices in real time. Algorithms Track ‘Racehorse’ and ‘Cage’ Schemes South Korea’s financial regulator has reportedly deployed a real-time, artificial intelligence-powered market surveillance system to detect unfair trading and price manipulation across the country’s cryptocurrency markets. […]

Bitcoin.com NewsBitcoin.com NewsTerence Zimwara21 Aug

Bitgo Breaks Into Korea With Hana and SK Telecom in Its Corner

Bitgo Korea just cracked one of Asia’s toughest crypto markets, securing regulatory registration to provide cryptocurrency custody and transfer services to institutional clients in South Korea and planting a direct flag in one of the world’s busiest digital asset markets. The Korea Financial Intelligence Unit accepted Bitgo Korea’s Virtual Asset Service Provider, or VASP, registration […]

Bitcoin.com NewsBitcoin.com NewsJamie Redman21 Aug

Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move

On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised $275 million. The crypto payment company revealed that South Korea's Jeonbuk Bank became the country's first regional lender to deploy Ripple Payments for cross-border business transfers, replacing SWIFT-based correspondent-bank transfers that can take days […]

CryptoSlateCryptoSlateOluwapelumi Adejumo19 Aug