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Young Generation Looking for Escape with Crypto Coins in South Korea

Güney Kore Kamuda Blockchain Teknolojisi Kullanımına Başladı

Many yolu y generations yolu in South Korea see crypto coins for man as the only way to escape the challenges of the country's social demands.

Most of South Korea's young people are referring to economic and social status in South Korea.dirty spoonIt is called ”. The gold and silver spoons are the best, the worst is the spoons. Elderly Koreans, the generation of the traditional South Korean society of the three main elements of flirting, marriage and family because of the refusal elSampo GenerationIt is called ”.

Young Korean generation; they consider a major crypto industry as a way to avoid seeing a ”dead-end job” and olan no future yolu. This is the third largest market in the world, followed by the US and Japan, and is the industry with a total of $ 6.8 billion in crypto currencies.

The 23-year-old Kim Han-gyeol, a part-time software developer for an e-book company, BirNo real opportunity for an average teen in South Korea" said. Kim invested in crypto before he went into the market. He actually made a huge profit, but later lost his money.

. I was embarrassed when I lost money because of my ambition to win a fortune twice, not once in my Bitcoin investments. But I will stick to digital coins. There is no other place to go for my loss. Zaten

For young Koreans, success means a business or a government position in a small family business holding the products that South Koreans often buy. Some of these positions require a university education, with only a handful of local institutions to choose from. These are highly competitive institutions and need to wait for long years to secure a position.

It is not difficult to see the attractiveness of the crypto money investment for most of the young and unemployed people in South Korea as a result of the youth unemployment rate of 10.5% (the highest in Asia).

Since 2017, the crypto money industry has caused a huge wave of interest in South Korea's y generation. Given time, in the coming months and years in East Asia can fire a large flame of resurrection.

Source: bitcoinnews

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

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