Tag Archive: korbit

  • Bitcoin Exchange, News, News teaser

    South Korean gaming giant Nexon acquires Korbit for $80 million, $150 million valuation

    South Korea has had Bitcoin fever in the past few weeks, and the fire just continues to be fueled. Top exchange Korbit has been acquired by gaming company giant Nexon for 91 billion Korean won. The Growing South Korean Market South Korea has been disrupting the charts when it comes to cryptocurrency trade volume, and the old money is noticing. Many companies in South Korea are hopping aboard the train, investing heavily in the nation’s crypto

    · September 26, 2017 · 6:00 pm
  • Bitcoin_in_korea Bitcoin, Companies, News, News teaser

    Bitcoin Acceptance Grows In Korea

    Korbit, the South Korea-based bitcoin exchange and merchant payment processor, announced that one of the biggest media empires in Asia, CJ E&M, will now be accepting bitcoin for its video-on-demand service, VINGO. CJ E&M is the media and entertainment subsidiary of CJ Group, one of the biggest business conglomerates in South Korea, which is also called a chaebol. Korbit only founded in 2013 but has already amassed over 25,000 user accounts and has signed up

    · December 1, 2014 · 4:00 pm