Coinone, the South Korean cryptocurrency exchange, saw its user base rise by about 10,000 people per month after listing Kakao’s Klaytn (KLAY) token in June. It has been reported that the token was listed after Kakao, a tech giant who runs the most popular chat app in South Korea, made crypto transactions a part of their messaging app, KakaoTalk. However, shortly after launch, Kakao announced that their messenger’s new crypto wallet function had surpassed 100,000 users in les

Coinone, a Korean crypto exchange, has been ordered to pay compensation for losses resulting from a hack of a customer account. On September 27, the Seoul Southern District Court found that Coinone only partly responsible and ordered an award far less than the damages the plaintiff had sought. According to an account of the case published in IT Chosun, the customer identified only as Mr. A, who joined the exchange in April 2017. As of November 2018, his holdings were valued a

Coinone, South Korea’s third-largest crypto exchange has released criteria for crypto listing on the requirements for new digital currency projects on the exchange. On 8th August, Coinone published a blogpost describing “nine criteria” for crypto projects that should comply to get listed on the exchange. The exchange will take into account issues such as “sustainability of business models, transparency of governance, token distribution plan, vision and value, market size, use