Recovery of IBK Hive Accounts of Nine-bit Exchange, Block Source of Hive Account Suspected as an Exchange Corporation

Nine-bit Exchange revealed that on 14th, they were notice to close corporation account, known to be hive account, from one of their transaction bank, IBK, at one of Gangnam’s branch. In this regard, person concerned to this event said that it is true that they have noticed Nine-bit to close their account, however, such notice was not an order from the government through the bank federation.

Contrary, one of the official document given to agency bank, at the start of this year. Was to stop issuing corporation account suspected as exchange. Currently, domestic companies allowed to issue virtual accounts before the regulation of the exchange by the financial authorities are Bithumb, Upbit, Coinone, and Korbit.

Therefore, if recovery of corporation hive account of exchange spreads to other banks, it seems like damage toward excessively increasing number of domestic small-medium exchanges is inevitable.

‘Hive Account’ is structure that replaces a person’s identification by granting a specific ID to each person through a corporation account rather than a virtual account issued by the virtual currency exchange through a real-name authentication certificate.

Such corporation account through hive account seems to have numerous problems such as easily voice phished or specific ID granted to individual be hacked.

Reporter Gina Lee (news@dailycoinews.com)의 기사 더 보기

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