[Mar 19, 2023 1:30 PM] Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the…
[Mar 17, 2023 6:30 PM] The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The objective of this move is to…
[Mar 14, 2023 8:00 AM] The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from…
[Mar 13, 2023 6:47 PM] The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia.
[Mar 12, 2023 4:50 AM] With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.
[Mar 11, 2023 5:30 AM] The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies…
[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.
[Feb 17, 2023 12:11 AM] Delphi Lab's general counsel said the SEC was being "more thorough than usual" in its lawsuit against Terraform Labs and its co-founder Do Kwon.
[Feb 16, 2023 5:28 AM] The implosion of Terra (LUNA) was one of the devastating events in the crypto space last year. Investors lost most of their funds worth billions of dollars, and other crypto asset prices plunged drastically. Subsequently, South Korean prosecutors…
[Feb 15, 2023 4:15 AM] No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country.
[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…
[Feb 10, 2023 3:26 AM] The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats.
[Feb 7, 2023 11:30 PM] The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…
[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…
[Jan 30, 2023 2:05 PM] Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list.
[Jan 29, 2023 1:37 AM] The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance.
[Jan 25, 2023 1:30 PM] One of the country’s largest crypto exchanges has fallen under investigators’ scrutiny over allegations of embezzlement by company executives.
[Jan 19, 2023 2:00 PM] The Busan Digital Asset Exchange Establishment Promotion Committee said it plans to create a functional exchange by the end of the year.
[Jan 16, 2023 2:15 PM] While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
[Jan 16, 2023 11:00 AM] According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes.
[Jan 16, 2023 4:18 AM] A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.
[Jan 16, 2023 2:30 AM] South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from…
[Jan 10, 2023 4:30 PM] A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a…
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