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Upbit, Bithumb compensate users after service outages during martial law
23.1.2025
Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea's martial law declaration
US, Japan, South Korea warn of rising North Korean crypto hacking threats
14.1.2025
North Korea-affiliated hackers stole at least $1.34 billion worth of digital assets in 2024
US, Japan, South Korea warn of rising North Korean crypto hacking threats
14.1.2025
North Korea-affiliated hackers stole at least $1.34 billion worth of digital assets in 2024
US, Japan, South Korea warn of rising North Korean crypto hacking threats
14.1.2025
North Korea-affiliated hackers stole at least $1.34 billion worth of digital assets in 2024
US Treasury and UAE target North Korean digital asset launderers
17.12.2024
Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their roles in money laundering for North Korea
U.S. Shuts Down North Korean Crypto Money Laundering Network
17.12.2024
OFAC says a front company in the UAE had been converting crypto into cash for North Korea
South Korea’s crypto investor surge drives CEX profits by 106%
31.10.2024
Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios
North Korean Crypto Devs Behind DeltaPrime Attack & $5.93 M Theft
16.9.2024
The DeFi project DeltaPrime on the ARB chain has been attacked leading to a loss of $5.93 Million.…
20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats
8.9.2024
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il, and Japan’s Kumagai Naoki, the meeting focused...
CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
29.8.2024
The executive was taken to hospital; his injuries were not life threatening
40 Nations Join US and South Korea in Combating North Korean Crypto Crimes
29.8.2024
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb...
South Korean crypto CEO stabbed in court during Haru Invest fraud trial
28.8.2024
The courtroom stabbing comes weeks after a Chinese gang robbed over $2 million worth of crypto at gunpoint in a luxury estate in Thailand.
South Korean crypto exchange employees out-earn staff at major banks
19.8.2024
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
South Korean crypto exchanges face unexpected supervisory fees
1.8.2024
Introducing supervisory fees marks a crucial step toward increased regulation and oversight
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%
13.7.2024
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload...
South Korea Launches Continuous Monitoring for Crypto Transactions
8.7.2024
South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims...
South Korean crypto firm Hashed Ventures expands to Abu Dhabi: Report
27.6.2024
Hashed Ventures said it’s in talks with other South Korean crypto firms to help bring them to Abu Dhabi
South Korean crypto exchanges may deregister up to 600 altcoins
17.6.2024
South Korea based crypto exchanges are contemplating the deregistration of hordes of altcoins, with financial bodies clamping down on the altcoin space. As per the news reports put forth by Daehan Kyungjae, the newly introduced Virtual Asset User Protection Act will be duly implemented soon....
70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says
8.6.2024
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money after ceasing operations. “And even if they...