• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Updates to NILE Services in South Korea

user avatar

by Giorgi Kostiuk

2 years ago


To ensure smooth and consistent service delivery, NILE regularly evaluates and adheres to the regulations and guidelines of the regions and countries where it operates. The upcoming modifications will impact NILE services available in South Korea as part of this ongoing process.

Key Changes: - Blocking access for South Korean IPs from the Marketplace Trading menu - Blocking access for South Korean IPs from NFTFi - Discontinuation of Korean language support in NILE services

Implementation Date: August 2nd, 2024 at 15:00 (GMT+8)

Important Notes: - Despite the restriction on the Marketplace Trading menu, users can still obtain Covenants from NEITH Station. - Users have until one month after the Covenant Date on February 22nd, 2025, to claim Covenants from the final NEITH NFT collection, City of NEPHTHYS. - Following the update, users' digital assets will remain securely stored in their Wallets, with no company access or ability to dispose of these assets. - From August 2nd, 2024, only ongoing Lend & Borrow transactions will be supported until expiration. Affected users can utilize NFTFi via My Page. - The release of the 'Myth of Heliopolis' Binder Collection, previously announced in March, has been postponed to comply with regulatory requirements.

Kindly take note of these adjustments, and additional updates will be communicated as needed. Thank you.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

North Korean IT Workers Reportedly Infiltrate DeFi Projects

chest

Researcher Taylor Monahan revealed that North Korean IT workers have infiltrated over 40 DeFi projects in the past seven years, raising alarms about their potential influence and risks to the crypto ecosystem.

user avatarEmily Carter

ZachXBT Exposes North Korean Crypto Payment Server

chest

Crypto detective ZachXBT has uncovered an internal payment server linked to North Korean crypto operations, revealing 390 accounts and chat logs.

user avatarFilippo Romano

Chainalysis Forecasts Stablecoin Transactions to Match Visa and Mastercard

chest

Chainalysis predicts that on-chain stablecoin transactions could reach parity with Visa and Mastercard transaction counts by 2031-2039.

user avatarKaterina Papadopoulou

Regulatory Uncertainty Impedes Banking Sector's Technological Advancement

chest

The recent CEA study highlights the need for regulatory clarity in the banking sector to foster innovation and investment in new technologies.

user avatarTomas Novak

Call for Upgrading Bitcoin's Cryptography Amid Quantum Threats

chest

Call for Bitcoin to adopt new cryptographic measures to enhance security amid Quantum Computing concerns.

user avatarLeo van der Veen

Analysis of Quantum Computing Threats to Bitcoin

chest

Analysis of Quantum Computing threats to Bitcoin, highlighting potential risks to wallet security and the need for upgraded cryptographic measures.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.