1 / 1 Relevant items tagged with #Korea
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Bitcoin falls under $60K as investors' global economic slowdown concerns rise
[Aug 14 6:40 PM] Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.
Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets
[Jun 17 9:38 PM] South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews…
Orbit Bridge Hack Confirmed, Over $81.5 Million Lost in Cryptocurrency Assets
[Jan 2 4:30 AM] Orbit Bridge, an inter-blockchain bridging protocol, has confirmed that it was recently exploited, losing over $81.5 million in several assets, including USDT, DAI, USDC, WBTC, and ETH. Orbit Chain is trying to communicate with the group…
Recent Altcoin Rally Powered by South Korean Traders, CryptoQuant Says
[Nov 17, 2023 4:20 AM] Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone.
South Koreans Fascinated With Altcoins More Than Americans, Research Shows
[Oct 28, 2023 4:30 AM] South Korean crypto traders are more inclined to invest in high-risk, high-reward altcoins than their American counterparts, according to a new report. The share of major cryptocurrencies like bitcoin and ethereum in the trading volumes on the…
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
[Oct 27, 2023 3:30 AM] Koreans trade differently to the rest of the world, market data shows.
Bitcoin.com Partners With Busan International Film Festival as Major Sponsor
[Sep 30, 2023 11:00 PM] Bitcoin.com, one of the world’s leading cryptocurrency wallet developers and news portals, has partnered with the Busan International Film Festival as a major sponsor. The Busan International Film Festival (BIFF), held annually in South…
Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
[Sep 26, 2023 6:00 PM] The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
South Korea Seeks to Freeze North’s Crypto Assets Under New Law
[Sep 6, 2023 1:30 AM] The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the…
North Korea Hackers Continue to Target Crypto Platforms: UN Report
[Aug 13, 2023 3:30 AM] Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons…
Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
[Jul 4, 2023 12:00 AM] While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when…
Never Skip A Korea Pump? Bitcoin Cash Soars 168% in 10 Days
[Jun 30, 2023 1:46 AM] The Bitcoin Cash (BCH) price has gone through the roof in recent days. Within the last ten days, the Bitcoin fork has risen by a staggering 168%, temporarily BCH was already up over 200% today. While Bitcoin Cash was still trading at $104 on June…
Do Kwon Moved $29 Million Worth of Coins Since Arrest, Prosecutor Says
[Jun 8, 2023 2:30 PM] Founder of Terraform Labs, Do Kwon, has withdrawn millions of dollars in crypto from an entity linked to his failed blockchain firm, investigators claim. South Korean authorities are now trying to locate the digital assets that have been allegedly…
Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets
[May 24, 2023 4:00 AM] A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has…
Korean crypto executives allegedly profited $2.3M from coin listing scandal
[May 22, 2023 10:33 AM] Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone.
South Korean Politician Quits Party Over Crypto Scandal
[May 15, 2023 2:30 AM] A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves…
Bank of Korea given right to investigate local crypto firms: Report
[Apr 23, 2023 10:28 PM] The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.
ApeCoin surges 1,950% on South Korean crypto exchange Upbit
[Apr 12, 2023 9:12 AM] The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange.
we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity
[Apr 11, 2023 9:15 AM] PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of…
Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition
[Mar 30, 2023 7:30 AM] Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before…
South Korea’s Kimchi premium turns to discount
[Feb 19, 2023 11:49 PM] The "Kimchi premium" has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea.
Seoul Sanctions North Korea Over Crypto Theft
[Feb 12, 2023 5:00 AM] South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile…
Bithumb owner arrested in South Korea over alleged embezzlement
[Feb 1, 2023 10:55 PM] The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested.
Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months
[Jan 30, 2023 9:30 PM] The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to monitor and analyze crypto transactions…
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
[Jan 5, 2023 6:30 AM] Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the…