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South Korea Wants Companies to Disclose Crypto Holdings
12.7.2023
Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules
South Korean Pop Star Says He Lost ‘$77,000’ on Crypto Investment
11.7.2023
Seo Chul-goo (aka Xitsuh), a South Korean pop star, rapper, and TV personality, says he “lost” up to $77,000 on bad crypto investments.
The star and his fiancee Lee Young-joo appeared on the E Channel TV talk show “Love of a Lifetime” (literal translation), where he discussed his precarious...
Legal proceedings start for Terraform Labs co-founder in South Korea: Report
10.7.2023
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway
South Korean Regulator Will Force Staff to Declare Crypto – Will Other Countries Follow Suit?
8.7.2023
The top South Korean financial regulator will force its employees to declare their crypto holdings in the aftermath of the “Coin Gate” scandal.
Lawmakers in the nation have come under fire for suspected insider trading, with one MP accused of selling his tokens in advance of the rollout of a...
Today in Crypto: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police Officers, Bill to Exempt Foreigners in Israel from Crypto Taxes Passes Preliminary Reading
6.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BNB Chain Was the Most Targeted Chain in Q2 with 36 Incidents, Crypto Scammers Posing as Canadian Police...
CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment
6.7.2023
The latest round brings the company's total capital raise to $9 million
Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report
5.7.2023
Blockchain data showed the wallet reportedly associated with LFG had a balance of roughly 6,983 BTC in October 2022, with transactions later moving funds to different addresses
Regulatory Investigation Targets South Korean Crypto Lender Delio
3.7.2023
South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust.
According to reports from local news outlet Digital Asset, the investigation sprouts from Delio's...
Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos on 10 Blockchains, Crypto Miners Are Turning to AI
3.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos...
Robot guest-conducts the Korean national symphony orchestra
3.7.2023
The android EveR 6 and conductor Choi Soo-yeoul co-conducted a performance of six pieces with the Korean National Symphony Orchestra
South Korea Passes Crypto Bill for User Protection
3.7.2023
The bill marks the country's first step towards a digital asset legal framework
South Korean crypto lending firm Delio under investigation by regulators
30.6.2023
The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month
South Korea passes cryptocurrency bill to tackle unfair trading
30.6.2023
South Korea's crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading
Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge
30.6.2023
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times
Report: Swiss Authorities Seize $26 Million in Cryptocurrency Linked to Terraform Labs and Do Kwon
27.6.2023
Law enforcement officials in Switzerland reportedly seized approximately $26 million in bitcoin and other cryptocurrencies, believed to be linked to Terraform Labs and its co-founder, Do Kwon. Local media in South Korea revealed that the funds were confiscated from Sygnum, a crypto bank based...
Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini Allows Withdrawals for Voyager Users
26.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Prosecutors Impose Travel Ban on Haru Execs, US Retailers Hit with Bomb Threats & Bitcoin Demands, Gemini...
South Korean Court Rules That Bitcoin ‘Is Not Money’ – And Crypto’s Not Subject to Interest Rate Rules
26.6.2023
A South Korean court has ruled that “Bitcoin (BTC) is not money,” and that “interest rate rules don’t apply” to business deals involving cryptoassets.
Per Hanguk Kyungjae, the ruling was made by the Seoul High Court’s Civil Division in a case involving two firms, both of which were unnamed...
Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt
23.6.2023
Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees.
"After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
22.6.2023
Earlier this month, Haru Invest halted withdrawals and deposits
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
19.6.2023
Terraform Labs founder sentenced to four months in jail after being found guilty of using a false Costa Rican passport