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South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO
7.5.2024
South Korea’s Bithumb crypto exchange may re-appoint its CEO Lee Jae-won, as the trading platform seeks to complete its planned initial public offering (IPO).
The post South Korea’s Bithumb May Re-appoint CEO as Exchange Edges Toward IPO appeared first on Cryptonews
South Korea stops short of allowing crypto in updated donation laws
6.5.2024
Department store gift vouchers, stocks, and loyalty points from tech giants can be donated to charities, but not crypto
Crypto Excluded from New South Korean Donations Law
6.5.2024
Crypto, “including Bitcoin,” will be excluded from an amended South Korean donations law, government officials announced on May 5.
The post Crypto Excluded from New South Korean Donations Law appeared first on Cryptonews
Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief
6.5.2024
A top South Korean prosecution official says courts must deliver swifter justice to crypto offenders – with cases currently taking “too long” to process.
The post Swifter Justice Needed for Crypto Offenders, Says South Korean Prosecution Chief appeared first on Cryptonews
Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
3.5.2024
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs
US senators, FBI aren’t opposed to crypto privacy: Railgun contributor
3.5.2024
Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto
Crypto Phishing Attacks ‘Rampant’ in South Korea – Report
2.5.2024
Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.
The post Crypto Phishing Attacks ‘Rampant’ in South Korea – Report appeared first on Cryptonews
South Korean Tech Giants Naver, Kakao Aim to Launch Token in June
1.5.2024
The South Korean tech giants Naver and Kakao are set to finalize their blockchain merger plans with a token launch in June.
The post South Korean Tech Giants Naver, Kakao Aim to Launch Token in June appeared first on Cryptonews
South Koreans Warned to Declare Overseas Crypto Exchange Holdings
30.4.2024
South Korean crypto holders were warned to declare their overseas crypto exchange holdings – or face a potential “tax bombshell.”
The post South Koreans Warned to Declare Overseas Crypto Exchange Holdings appeared first on Cryptonews
North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023
30.4.2024
These illicit funds were obtained through over 25 crypto hacks orchestrated by the Lazarus Group, which has gained infamy since its emergence in 2009.
The post North Korean Lazarus Group Allegedly Laundered Over $200 Million in Stolen Crypto from 2020 to 2023 appeared first on Cryptonews
South Korean ministries look to upgrade status of crypto crime unit
29.4.2024
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea
North Korean Lazarus Group laundered over $200M in hacked crypto since 2020
29.4.2024
The notorious group of hackers used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds
South Korea to Make Temporary Crypto Investigative Unit Permanent
29.4.2024
South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary crypto investigative unit as a permanent entity.
The post South Korea to Make Temporary Crypto Investigative Unit Permanent appeared first on Cryptonews
Lazarus Group Targets LinkedIn Users, Impersonates Fenbushi Capital Executive: SlowMist
29.4.2024
The notorious Lazarus Group, allegedly backed by North Korea, has added a new weapon to its arsenal, which is now targeting LinkedIn users.
The post Lazarus Group Targets LinkedIn Users, Impersonates Fenbushi Capital Executive: SlowMist appeared first on Cryptonews
Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans
29.4.2024
Crypto-powered narcotics gangs have turned Korean-language Telegram channels into “drugs department stores” and a “playground” for young South Koreans, media outlets reported on April 28.
The post Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans appeared first...
South Korean Prosecutor Jailed for Leaking Info in Crypto Fraud Case
26.4.2024
A South Korean prosecutor was jailed for leaking sensitive information in a high-profile crypto fraud case, domestic media outlets reported on April 25.
The post South Korean Prosecutor Jailed for Leaking Info in Crypto Fraud Case appeared first on Cryptonews
Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share
25.4.2024
Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the Korean crypto market.
The post Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share appeared first on Cryptonews
Post Bitcoin Halving Miners See Temporarily Higher Fees: CryptoQuant
25.4.2024
Since the fourth Bitcoin halving took place resulting in Bitcoin issuance dropping from 900 to 450 per day miners have seen daily revenue hit a record high of over $100 million, said CryptoQuant the on-chain data analytics firm based in South Korea.
The post Post Bitcoin Halving Miners...
South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy?
25.4.2024
The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24.
The post South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy? appeared first on Cryptonews
Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto Hacking Scheme
24.4.2024
Lazarus group, a crypto hacking collective sponsored by North Korea, is reportedly targeting LinkedIn users in the crypto sector as part of its latest crypto malware attempt, blockchain security firm SlowMist alleges.
The post Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto...