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South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring
17.5.2024
South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16.
The post South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring appeared first on Cryptonews
South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case
16.5.2024
Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case.
The post South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case appeared first on Cryptonews
Korean university launches metaverse with private student access
15.5.2024
The school’s metaverse was built by LG Uplus to cater to tech-savvy college students
North Korea Laundered $147.5M in Stolen Crypto Through Tornado Cash: UN
15.5.2024
The North Korean perpetrators reportedly laundered stolen cryptos through Tornado Cash crypto mixer in March, UN sanctions monitor noted.
The post North Korea Laundered $147.5M in Stolen Crypto Through Tornado Cash: UN appeared first on Cryptonews
South Korean Tax Body Liquidates Crypto Worth Over $800,000
15.5.2024
The South Korean tax body, the National Tax Service (NTS), has announced it has liquidated previously frozen crypto worth more than $800,000.
The post South Korean Tax Body Liquidates Crypto Worth Over $800,000 appeared first on Cryptonews
Korean VAS provider Infinite Block joins as new XRP Ledger validator
14.5.2024
The new XRP ledger validator is keen on diversifying the XRPL system and providing XRP-based services to business organizations. The Korean financial regulatory authority approved the Infinite Block as a provider of virtual assets. Very few business organizations, like Infinite Block, got approval...
South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds
14.5.2024
South Koreans who received airdrop tokens and prizes from the Bithumb crypto exchange from 2018 to 2021 could face unexpected tax bills.
The post South Korean Bithumb Airdrop Recipients Hit With Tax Bills, Exchange Responds appeared first on Cryptonews
North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky
13.5.2024
Kimsuky hacking group cyberattacks on two South Korean crypto firms using malware dubbed 'Durian'.
The post North Korean Hackers Kimsuky Deployed Malware Targeting Crypto Firms: Kaspersky appeared first on Cryptonews
North Korean Hacker Group Targets South Korean Crypto Firms With New ‘Durian’ Malware
13.5.2024
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malware variant, characterized by its multifunctional...
North Korean hackers deploy ‘Durian’ malware, targeting crypto firms
13.5.2024
The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
12.5.2024
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that...
South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average
12.5.2024
Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat...
Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC
11.5.2024
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the company aims to sell 30,000 bitcoin meal boxes by May...
South Korean Mart Dishes Up Bitcoin-Themed Meal Packs with Crypto Exchange Bithumb
9.5.2024
Emart24 and Bithumb have teamed up to offer Bitcoin Meal packs, allowing customers to win Bitcoin rewards through a simple app-based process.
The post South Korean Mart Dishes Up Bitcoin-Themed Meal Packs with Crypto Exchange Bithumb appeared first on Cryptonews
South Korean convenience store sells Bitcoin-themed 'meal boxes'
9.5.2024
A convenience store in South Korea is offering Bitcoin meal boxes in collaboration with the local exchange Bithumb where customers can win small amounts of Bitcoin with their purchase
South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial
8.5.2024
Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal.
The post South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial appeared first on Cryptonews
New South Korean leadership will press for BTC ETF trading
7.5.2024
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another
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
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