Yesterday i gave news from Japan, Australia, USA today i have 2 news from South Korea.

Nayana Pays 1 MIllion USD in BTC to Hackers

Nayana which is a big hosting company got attacked by Erbus ransomware - the virus that encrypts all data on computers and wants BTC to be paid for them.

Sadly over 150 of their servers were encrypted by the virus causing almost 3,5k of their clients websites to go offline for 8 days.
When company saw nothing can be done, they paid BTC to attackers to bring back their clients websites online.
The problem started at 10th, with this blog post

Lousy google translate version:

Due to some problems even after paying all files that had Korean titles/names couldnt be recovered so they got lost.

While its of course bad that this happened since tech companies should be more secure its worth nothing how this company really cares of customers and did what they could, even paying this huge amount to hackers, to get everyone back online.

Im postivie loads of companies would just go bancrupt but this guys are the fighers.

Korean Gov to Legalize and Regulate Bitcoin

This is to avoid tax evasion and money laundering but also making current exchanges fully legal and cover users with potential law against unfair exchanges. Financial Services Commission will have to approve exchanges if this passes to let them operate.
Due to lousy Google Translates this is what i more or less understood. If you have more info please write in comments i know we have active KR people here who can help with more info.

Current Korean Exchanges Volume

Notice that 3 Korean exchanges are in top17 of volumes and Bithumb is actually placed at 4th position.

Bithumb Markets

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