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North Korean Lazarus hacker group using LinkedIn to target and steal assets: Report
24.4.2024
Lazarus group first surfaced in 2009, and since then, it has primarily targeted crypto firms, stealing billions of dollars worth of assets
South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust
24.4.2024
South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23.
The post South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust appeared first on Cryptonews
Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
23.4.2024
The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk
Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’
23.4.2024
The lawmaker at the center of South Korea’s “Coin Gate” scandal is set to return to the Democratic Party, the National Assembly’s biggest political party.
The post Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’ appeared first on Cryptonews
Games will have their own blockchain period, says Avalanche Korea GM
19.4.2024
Avalanche, the dAPPs platform, and its Korea General Manager, Justin Kim, discussed the future of blockchain technology and the importance of developing a gaming-specific infrastructure at the ‘After GDC 2024’ event held on the 18th at the Pangyo Startup Campus conference hall. ...
South Korean Inmate on Funeral Leave Robs Crypto Buyer of $363,000
18.4.2024
Local sources have reported that a South Korean inmate, temporarily released to attend a funeral, exploited a cryptocurrency over-the-counter (OTC) deal to rob another individual. He enticed the buyer by offering to sell the digital assets at a rate below the prevailing market value and stole...
Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North Korea with Blockchain Technology
18.4.2024
Former Ethereum developer Virgil Griffith, who was sentenced to 63 months in prison in 2022 for assisting North Korea in utilizing blockchain technology, has filed a request for a sentence reduction.
The post Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North...
Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’
18.4.2024
An escaped South Korean criminal suspect reportedly stole almost $362,000 worth of cash in an armed robbery on an OTC crypto buyer.
The post Escaped South Korean Criminal Suspect ‘Used Weapon to Rob OTC Crypto Buyer’ appeared first on Cryptonews
Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest
17.4.2024
Upbit has announced the suspension of processing deposits and withdrawals exceeding 1 million Korean won due to the recent suspension of Ten&Ten's Travel Rule Solution service.
The post Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest appeared...
South Korean Won Saw $456B in Crypto Trades in Q1, Overtaking US Dollar
17.4.2024
The South Korean won has emerged as the leading fiat currency for cryptocurrency trading, overtaking the US dollar in the first quarter of 2024.
The post South Korean Won Saw $456B in Crypto Trades in Q1, Overtaking US Dollar appeared first on Cryptonews
Privacy Protocol Railgun Denies Any Link to Lazarus Group
17.4.2024
The EVM privacy protocol Railgun refutes claims linking North Korea's Lazarus Group to its platform, citing Private Proofs of Innocence system that blocks sanctioned users.
The post Privacy Protocol Railgun Denies Any Link to Lazarus Group appeared first on Cryptonews
South Korean Central Bank to ‘Speed up’ CBDC Project
17.4.2024
The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year.
The post South Korean Central Bank to ‘Speed up’ CBDC Project appeared first on Cryptonews
South Korean Police Raid Winnerz Offices Over ‘Scam Coin’ Allegations
17.4.2024
South Korean police raided the offices of the sports-themed blockchain platform Winnerz as part of a probe into claims its WNZ token is a “scam coin.”
The post South Korean Police Raid Winnerz Offices Over ‘Scam Coin’ Allegations appeared first on Cryptonews
South Korea may launch Bitcoin ETFs early
16.4.2024
Bitcoin ETF has already marked a pivotal moment in the US, with the Securities & Exchange Commission approving eleven applications effective January 11, 2024. Hong Kong could be the next to launch a Bitcoin ETF. South Korea is on the list too, except it is now considering making an early move...
South Korean ‘Crypto Tax Crackdown’ Moves to Another City
16.4.2024
The South Korean “crypto tax crackdown” continues its nationwide tour, moving on to the city of Yeongcheon in North Gyeongsang Province.
The post South Korean ‘Crypto Tax Crackdown’ Moves to Another City appeared first on Cryptonews
South Koreans Lose Faith in State Pensions, Turn to Crypto and Stocks – Survey
16.4.2024
Most young South Koreans are losing faith in the national pension system, a new survey has found – with many stating they see crypto and stocks as a better alternative.
The post South Koreans Lose Faith in State Pensions, Turn to Crypto and Stocks – Survey appeared first on Cryptonews
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Severní Korea otestovala hypersonický systém Hwasong-16b. Raketa po 600 km letu spadla do moře
10.4.2024
Severní Korea zřejmě vyvíjí hypersonickou balistickou střelu středního doletu • Ta původně nesla označení Hwasong-16 • 2. dubna 2024 jihokorejský sbor náčelníků štábů ohlásil, že Severokorejci takovou raketu odpálili
Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies
10.4.2024
South Korea’s elections take place today and the outcome of who comes out tops will play a crucial role in influencing the regulatory environment for cryptocurrencies.
The post Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies appeared first on Cryptonews
South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges
10.4.2024
South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges.
The post South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges appeared first on Cryptonews