South Korea’s largest bitcoin exchange, Korbit, has raised $400,000 in funding from Silicon Valley heavyweights Tim Draper, Naval Ravikant, David Lee, Barry Silbert, and others. The company is just six months old and claims 20,000 registered users. Korbit introduced real-time deposit and withdraw processing last weak and now claims to offer the world’s fastest bitcoin buying experience, where sign-up to transaction takes less than three minutes. [Source: BeTech.Asia]