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South Korean Academic: We Must Block North from Hacking Crypto


A South Korean academic has claimed that Seoul must take steps to stop Pyongyang from hacking crypto targets south of the demilitarized zone – as tensions escalate between North Korea and its southern neighbor. Reports from both South Korea and Japan have repeatedly stated that Pyongyang-based...

16th Edition BFSI IT Summit South Africa


After 15 successful editions of the BFSI IT Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance the experience to the latest insights in “Future Proofing BFSI In Africa.” The South African banking industry has widely been regarded as one...

LG ‘Ready to Make NFT Push’ as it Seeks Blockchain-savvy CTOs


LG Electronics has announced it wants to hire two new Chief Technical Officers (CTOs) to lead its Web3 and blockchain technology operations – just months after registering a trademark for a crypto wallet. Digital Today reported that it was highly “likely” that the new hires would be tasked with...

Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches


The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail. Money Today reported that three individuals were sentenced at a branch of the Seoul Central District Court’s Criminal Division...

South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets


Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...

S Korean Police Shut Down $472,000 Group Chat-based Crypto Fraudsters


South Korean police say they have arrested the ringleaders of a $472,000 crypto fraud gang that made use of the group chat function on a social media app to lure in unsuspecting victims. MBN Money reported that the Incheon Metropolitan Police Agency explained that it had arrested three men...

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