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Korean Authorities to Probe Crypto Exchanges’ Handling of Personal Data

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By Marie Huillet Two Korean watchdogs have announced a joint probe into crypto exchange operators’ handling of personal data, local news outlet Chosun  reports  Monday, July 2. The agencies in question are the Korea Communications Commission (KCC) and the Korea Internet & Security Agency (KISA). The KCC and KISA will investigate potential infringements of data privacy rights by crypto exchange operators in conjunction with third party service providers - for example, smartphone apps designed for services such as real estate, shopping and travel. The probe will reportedly check the status of technical and administrative protection measures related to users’ personal data - covering data access control measures, anti-tampering measures, personal data encryption, and malware protection. After reviewing the collection, use, provision and destruction of personal data by both crypto exchange operators and third parties, the authorities have said they will enforce admi...

Crypto Markets Rebound Significantly After a Week of Losses

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By Helen Partz Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with  Cardano  (ADA) being the biggest winner - up 18.6 percent over the past 24 hours, according to  Coinmarketcap . Market visualization from  Coin360 Bitcoin is up around 8 percent over the 24 hour period, trading at  $6,391  at press time. Bitcoin price chart. Source: Cointelegraph  Bitcoin Price Index Ethereum  (ETH) is currently at  $457 , with an increase of around 12 percent over the past 24 hours. Ethereum price chart. Source: Cointelegraph  Ethereum Price Index The total market cap has seen substantial growth in 24 hours to press time, up from yesterday’s $232 billion to  $258  billion today. Total market capitalization chart. Source:  Coinmarketcap Cardano is up the most among the top ten coins by mar...