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South Korea presidential front-runner pledges to approve Bitcoin ETFs
7.5.2025
South Korea’s Democratic Party leader Lee Jae-myung has reportedly become the latest presidential candidate to promise the approval of spot crypto exchange-traded funds (ETFs) and other crypto-friendly measures, should he be elected.Lee announced his crypto promises on May 6 as part of...
Report: South Korea to Allow Free Crypto Trading for Non-Profits, Exchanges in June
4.5.2025
Beginning in June, South Korean nonprofit organizations and virtual asset exchanges will be permitted to trade digital assets freely. Exchanges can sell virtual assets under strict regulatory conditions to prevent conflicts of interest and minimize market impact. Promoting a Sound Donation Culture...
KuCoin to reenter South Korea after securing key markets: CEO
2.5.2025
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South...
KuCoin to reenter South Korea after securing key markets: CEO
2.5.2025
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South...
North Korean Cyber Operatives Set up Fake US Companies to Target Crypto Developers
25.4.2025
North Korean cyber operatives reportedly established two fake U.S. businesses using false identities to bypass Treasury sanctions and target cryptocurrency developers with malware. Hackers Target Unsuspecting Job Applicants North Korean cyber operatives reportedly set up two fraudulent businesses...
North Korean Hackers Targeting Crypto Developers With U.S. Shell Firms
25.4.2025
Illicitly downloaded programs can steal data, provide remote access to infected systems, and serve as entry points for additional spyware or ransomware
Upbit and Bithumb suspend Synthetix token deposits citing sUSD risks
24.4.2025
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks.DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as...
Upbit and Bithumb suspend Synthetix token deposits, citing sUSD risks
24.4.2025
South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks.DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as...
Report: South Korea’s Bithumb to Spin Off Non-Core Units Ahead of IPO
22.4.2025
Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring...
Astra Fintech Launches $100 Million Fund to Boost Solana Ecosystem Innovation
22.4.2025
Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra’s successful track record with projects like Mulex, DEPE, and Mone,...
Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO
22.4.2025
A filing on the country's corporate registry shows the exchange registered a new entity in preparation for an IPO
Zoom Calls? Beware! Lazarus Is Targeting Crypto Founders
21.4.2025
Kenny Li, co-founder of Manta Network, recently raised alarms about the modus operandi of Lazarus, the North Korean hacking collective, and its use of Zoom. Li reported that he was targeted by a known contact using a Zoom-like app that requested access to his camera. Lazarus Is on the Move: Zoom...
Bybit CEO Ben Zhou Provides Update on Hacked Funds and Recovery Efforts
21.4.2025
Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen....
Won vs. Dollar: Diverging Bitcoin Prices Hint at Market Inflection
20.4.2025
Since bitcoin briefly dipped below global averages in South Korea on April 9, the past ten days have seen the coin fetch a premium, touching 2.97% above international benchmarks. Seoul’s Bitcoin Premium Hits 3% With fewer high-return domestic investment avenues, South Koreans often gravitate toward...
From 13,332 to 9,400 Bitcoin in 27 Days: Lazarus Group Relocates 3,932 BTC
18.4.2025
According to onchain analytics from Arkham Intelligence, in the past 27 days, North Korea’s hacking arm Lazarus Group, has orchestrated the transfer of 3,932 BTC, valued at $331.99 million. Even after dispatching such a considerable portion, the remaining cache still cements North Korea’s standing...
South Korean crypto emerges from failed coup into crackdown season
18.4.2025
South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up.The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December.In the aftermath, authorities...
South Korean crypto emerges from failed coup into crackdown season
18.4.2025
South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up.The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December.In the aftermath, authorities...
North Korean hackers target crypto devs with fake recruitment tests
17.4.2025
North Korean hackers linked to the $1.4 billion Bybit exploit are reportedly targeting crypto developers using fake recruitment tests infected with malware. Cybersecurity outlet The Hacker News reported that crypto developers have received coding assignments from malicious actors posing...
South Korea blocks 14 crypto exchanges on Apple Store — Report
14.4.2025
South Korea is expanding a ban on digital asset firms’ applications servicing its citizens. On April 11, the country’s Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store. Among the affected exchanges are KuCoin and MEXC.The report...
South Korea blocks 14 crypto exchanges on Apple Store — Report
14.4.2025
South Korea is expanding a ban on digital asset firms’ applications servicing its citizens. On April 11, the country’s Financial Services Commission (FSC) announced that 14 crypto exchanges were blocked on the Apple store. Among the affected exchanges are KuCoin and MEXC.The report...