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Nalezeno "Korea": 3089

FBI and CSIA issue alert over North Korean cyberattacks on crypto targets

19.4.2022
The cybersecurity agency believes that the threat from North Korean hackers will not go away unless crypto firms take necessary but simple steps to ensure their security

Finance Redefined: MetaMask institutional offering, Polygon to go carbon neutral, and more

18.4.2022
In this week's DeFi newsletter we look at the growing market of Metamask, Polygon's pledge to go carbon neutral and more

OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group

15.4.2022
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit...

North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI

15.4.2022
The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach.... Read More: North Korea’s Lazarus Group Behind...

South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem

14.4.2022
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem...

Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?

13.4.2022
Locking up crypto developers who stray into murky legal waters may become a more everyday occurrence in the years to come.... Read More: Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?

North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

13.4.2022
Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea

Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions

13.4.2022
An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong...

‘Let’s Create a Crypto Ministry,’ Industry Urges South Korean President-Elect

13.4.2022
A summit of South Korean lawmakers, industry chiefs, and leading academics has called for the country’s President-Elect Yoon Suk-yeol to create a minister – or a ministry-level agency – for the crypto sector.... Read More: ‘Let’s Create a Crypto Ministry,’ Industry Urges South Korean...

The FBI’s takedown of Virgil Griffith for breaking sanctions, firsthand

12.4.2022

Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip

12.4.2022
Former Ethereum developer Virgil Griffith will serve TK YEARS in prison for helping North Koreans use cryptocurrencies to evade sanctions

South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account

9.4.2022
The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client. ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for cryptoasset transactions to the crypto exchange...

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

8.4.2022
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity...

First Mover Asia: South Korea's 'Kimchi Premium' Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty

7.4.2022
The gap between bitcoin prices on Korean crypto exchanges compared to global counterparts has declined from 20% to about 3% over the past year; bitcoin and ether tumble

Two Major Banks Roll out Blockchain-powered ID Solution for Military Servicepeople

5.4.2022
Two of South Korea’s largest banks are set to launch a blockchain-powered digital certificate platform for military personnel – which will allow soldiers to use smartphone-based ID solutions to open savings accounts without having to set foot in a brick-and-mortar bank branch.... Read More:...

Financial Heavyweight Woori to Launch B2B Crypto Wallet Management Platform

1.4.2022
South Korea’s Woori Fund Service – a part of the financial business group that also comprises the commercial bank heavyweight Woori Bank – will team up with the domestic crypto exchange GDAC to unveil a business-to-business (B2B) crypto wallet management solution. Hanguk Kyungjae reported that...

First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge

1.4.2022
The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline