Skip to content

Real Cryptocurrency Hub

Crypto Comeback Pro is an auto trading platform that allows you to invest in the crypto market and start making money right away. Sign Up HERE

  • Home
  • Start Trading
  • English
    • English
    • Español
    • Italiano
    • Polski
    • Svenska
    • Deutsch
  • News
  • Mining
  • ATM
  • Bitcoin (BTC)
  • Guides
  • How To’s
  • Exchange/Wallet
  • Brokers
  • Bitcoin Price Prediction
  • Home
  • Crypto News
  • Workers from Giant Companies in South Korea Are Leaving Jobs
  • Crypto News

Workers from Giant Companies in South Korea Are Leaving Jobs

Blaine Matta April 24, 2021 2 min read
OKEx Exchange Did Not Have a Contingency Plan to Deal with Withdrawal Suspension

In the present times, many consider the South Korean market a hub for the cryptocurrency and blockchain industry. This is something that even most cryptocurrency-related firms have claimed about the country.

South Korea is one of the countries that were fast to jump to the opportunity of adopting cryptocurrencies. The tech-savvy class in the country was one of the pioneer groups that started adopting cryptocurrencies.

While many countries from around the world are considering the possibilities of adopting cryptocurrencies, South Korea is taken its adoption to the next level.

The country already recognizes cryptocurrencies as a legal entity that the citizens are investing in and making huge profits. The country has even started supporting companies and startups willing to provide more exposure to the cryptocurrency industry.

The country is not looking to create job opportunities for their youth so when they are of age, they will have an extra sector where they would be able to look for jobs.

Just last week, the economists and analysts from South Korea were in a state of awe when the cryptocurrency trading volume surpassed the overall trading volume of South Korean stocks.

Although it was good news for the cryptocurrency communities in the country, it was an alarming and concerning thing for the analysts and the country’s government.

As the cryptocurrency industry is mainly decentralized and unregulated, it is very difficult for governments to track all activities of the industry.

Initially, the South Korean investors for cryptocurrencies were companies and individuals who had a knack for investments. Now, almost every age group and individual in the country adopt the industry. A recent survey carried out in South Korea showed how South Koreans from all age groups are investing in cryptocurrencies.

Whether it is oldies with their pensions or teenagers with their pocket monies, they are all investing in cryptocurrencies. While the South Korean government and regulators try to assess the situation, another survey has emerged with alarming results.

The recent survey shows that people in the middle-class groups have also started investing in cryptocurrencies. The survey shows there were many people from the particular class who left their jobs just because they are making good money trading in cryptocurrencies.

The people leaving jobs are not just workers at some small companies but are from Samsung and Shinhan Card.

One of the employees at Shinhan Card recently shared his story of how he became a millionaire and left his job. According to the employee, he had taken out all of his money from his savings account and took loans.

He stated that he put all of the money he was able to gather up for cryptocurrency trading. As the markets are high, his investment ended up bringing him a total of $2.7 million.

One employee from Samsung had the same story to tell, as he invested around $44,670 worth of money is won and ended up making $36 million, so he no longer needed a job.

Post Views: 560

Continue Reading

Previous: Bitcoin Payment Capabilities Introduced by the World’s Largest Online Music Library
Next: American Footballer Sean Culkin Wishes To Receive Annual Salary Into Bitcoin

Related Stories

Terra Experienced a 23.67% Price Plummet and May Dip to $32.36, Price Analysis
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis
  • Terra (LUNA)

Terra Experienced a 23.67% Price Plummet and May Dip to $32.36, Price Analysis

May 15, 2022
ShibaInu Experiences a 17.17% Surge but Still Far from Bullish Trend
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis

ShibaInu Experiences a 17.17% Surge but Still Far from Bullish Trend

May 14, 2022
Price Analysis of extraDNA (XDNA), Maneki-neko (NEKI), and Gleec (GLEEC)
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis

Price Analysis of extraDNA (XDNA), Maneki-neko (NEKI), and Gleec (GLEEC)

May 13, 2022

Read our disclaimer

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$29,651.00
-1.62%
ethereum
Ethereum (ETH)
$2,011.29
-3.30%
tether
Tether (USDT)
$1.00
-0.17%
usd-coin
USD Coin (USDC)
$1.00
-0.34%
binancecoin
BNB (BNB)
$295.57
-1.72%
ripple
XRP (XRP)
$0.417468
-2.86%
cardano
Cardano (ADA)
$0.56
0.33%
polkadot
Polkadot (DOT)
$10.61
-2.64%
dogecoin
Dogecoin (DOGE)
$0.086954
-3.43%
Uniswap
Uniswap (UNI)
$5.02
-5.00%

Recent Posts

  • Terra Experienced a 23.67% Price Plummet and May Dip to $32.36, Price Analysis

    Terra Experienced a 23.67% Price Plummet and May Dip to $32.36, Price Analysis

    At the time of writing, the buyers are trying to defend a low trading price of Terra (LUNA)
  • ShibaInu Experiences a 17.17% Surge but Still Far from Bullish Trend

    ShibaInu Experiences a 17.17% Surge but Still Far from Bullish Trend

    If you are into the meme coins then it goes without saying that you are well aware of
  • Price Analysis of extraDNA (XDNA), Maneki-neko (NEKI), and Gleec (GLEEC)

    Price Analysis of extraDNA (XDNA), Maneki-neko (NEKI), and Gleec (GLEEC)

    Time to go through the price analysis of extraDNA, Maneki-neko, and Gleec. The reason behind their price analysis
  • Price Analysis of Gera Coin (GERA) and CouponBay (CUP)

    Price Analysis of Gera Coin (GERA) and CouponBay (CUP)

    Gera Coin and CouponBay have reportedly experienced huge rallies in the past 24-hours. Both Gera Coin and CouponBay
  • Price Analysis of Meta Course (COURSE), CroNodes (CRN), and Stabledoc (SDT)

    Price Analysis of Meta Course (COURSE), CroNodes (CRN), and Stabledoc (SDT)

    Meta Course (COURSE) – 190.73% Surge The trading price of Meta Course was reportedly at a low of

Start Trading

Categories

Top Posts

  • El Salvador Plans To Develop Bitcoin City

    El Salvador Plans To Develop Bitcoin City

    Nayib Bukele, the El Salvadoran President, declared this weekend that the country is involved in making preparations for
  • NEXT BLOCK Conference 2018

    NEXT BLOCK Conference 2018

    12th December 2018 was the day that blockchain enthusiast and crypto nerds will remember forever as one of
  • OCC Allows Banks To Utilize Blockchain & Stablecoins, Bitcoin May Surge For More

    OCC Allows Banks To Utilize Blockchain & Stablecoins, Bitcoin May Surge For More

    US’s Regulator of Financial Institutions announces change of policy. Allows banks, semi-banks as well as saving associations to
  • India Clarifies Its Status over Virtual Currencies

    India Clarifies Its Status over Virtual Currencies

    Some questions with regard to crypto were taken and then duly answered by the Indian Finance Ministry recently
  • Zimbabwe’s Securities Law to Include Virtual Asset Service Providers

    Zimbabwe’s Securities Law to Include Virtual Asset Service Providers

    A proposal to amend the laws of “securities” has been placed by the Zimbabwean Government, according to which,

Archives

You may have missed

Terra Experienced a 23.67% Price Plummet and May Dip to $32.36, Price Analysis
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis
  • Terra (LUNA)

Terra Experienced a 23.67% Price Plummet and May Dip to $32.36, Price Analysis

May 15, 2022
ShibaInu Experiences a 17.17% Surge but Still Far from Bullish Trend
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis

ShibaInu Experiences a 17.17% Surge but Still Far from Bullish Trend

May 14, 2022
Price Analysis of extraDNA (XDNA), Maneki-neko (NEKI), and Gleec (GLEEC)
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis

Price Analysis of extraDNA (XDNA), Maneki-neko (NEKI), and Gleec (GLEEC)

May 13, 2022
Price Analysis of Gera Coin (GERA) and CouponBay (CUP)
2 min read
  • Altcoins
  • Crypto News
  • Price Analysis

Price Analysis of Gera Coin (GERA) and CouponBay (CUP)

May 12, 2022
  • Kraken
  • OrbitGTM
  • Fxoro
  • BTC-Trends
  • KuCoin
  • Huobi
  • Bitfinex
  • PrimeXBT
  • United Exchange
  • Impressive Area
  • DG Flex
  • Tredexo
  • Sure Exchange
  • CTmatador
  • DXCBIT
  • IBC Exchange
  • CryptoPayIn
  • PrimeHolders
  • CMC Markets
  • XCGIN
  • Globe Exchange
  • XPRTcoin
  • Mainrow
  • Goldvence
  • Gamma Capitals
  • Towards Soure
  • CoinsMarkets
  • Cryptos Circus
  • Easy Crypto4U
Copyright © All rights reserved. | DarkNews by AF themes.
  • bitcoinBitcoin(BTC)$29,651.00-1.62%
  • ethereumEthereum(ETH)$2,011.29-3.30%
  • tetherTether(USDT)$1.00-0.17%
  • usd-coinUSD Coin(USDC)$1.00-0.34%
  • binancecoinBNB(BNB)$295.57-1.72%
  • rippleXRP(XRP)$0.417468-2.86%
  • cardanoCardano(ADA)$0.560.33%
  • SolanaSolana(SOL)$52.60-3.16%
  • polkadotPolkadot(DOT)$10.61-2.64%
  • dogecoinDogecoin(DOGE)$0.086954-3.43%
  • bitcoin-cashBitcoin Cash(BCH)$199.23-3.47%
  • UniswapUniswap(UNI)$5.02-5.00%