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Korean superconductor LK99 joins memecoin craze
4.8.2023
The world's supposed first room-temperature ambient pressure superconductor already has a memecoin
Severní Korea okopírovala velké americké drony Global Hawk a Reaper
4.8.2023
Severní Korea nedávno představila dva nové velké drony • Na první pohled jde o věrné kopie úspěšných amerických dronů • Zůstává samozřejmě otázkou, jaké jsou reálné možnosti těchto okopírovaných strojů
South Korea's CBDC Pilot to Take Place in Jeju, Busan, or Incheon, Excluding Seoul
1.8.2023
The central Bank of Korea (BOK) has narrowed down the choices for its central bank digital currency (CBDC) pilot venue to three regions. Notably, the nation's capital Seoul is not among these.
The major regions chosen as candidates are Jeju, Busan, and Incheon, according to IT Chosun. ...
Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage for $156,000 in Crypto, Binance Can Operate in Dubai But Not in Nigeria
31.7.2023
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: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage...
Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report
31.7.2023
Jeju, Busan and Incheon are in the running to be considered
South Korea to pilot CBDC in one of these three cities, not Seoul
31.7.2023
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency
Curve Finance's Token Surges 500% on Bithumb After Over $100M Exploit
31.7.2023
The CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness
South Korea's Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures
28.7.2023
The Korea Financial Intelligence Unit (KoFIU) in a meeting on Thursday told the Korean crypto industry to double down on their efforts to prevent illegal activities.
At the meeting, KoFIU Commissioner Rhee Yunsu said that a “strategic analysis team” focused on crypto has been set up, and that...
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid
27.7.2023
North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid.
The attack, which happened on July 22, successfully drained funds from the company’s own reserves, while customer deposits were unaffected, CoinsPaid said in...
Today in Crypto: South Korea Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property Capable of Being Held in Trust, Craig Wright Must Pay £400,000 in Coinbase & Kraken Cases but Judge Doesn't Think He Has the Money
26.7.2023
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 Launches the Joint Investigation Centre for Crypto Crimes, Singapore Rules Crypto is Property...
South Korea strengthens crypto regulation with LEI adoption and crime unit
26.7.2023
The decision was driven by the country's concern over illicit activities in the crypto market and the desire to safeguard investors
South Korea Forms Joint Crypto Crime Investigation Unit to Fight Surging Crypto Illegal Activities
26.7.2023
South Korean prosecutors and financial authorities have launched an interagency crypto crime division to crack down on crypto-related illegal activities.
The Seoul Southern District Prosecutors' Office said Wednesday that the joint virtual asset investigation team will comprise 30 staff...
Korean banks to research the stablecoins alternative
24.7.2023
Hana Bank plans to conduct research on certificate of deposit tokens, while Woori Bank’s research department has already recently released a report on them
Crypto lender Delio warns normal operations in jeopardy after asset seizures
24.7.2023
The South Korean crypto lender has had to halt certain interest payments amid a recent investigation resulting in the company and its customers' assets being seized
South Korea’s Hana Bank to Work on CBDC and Stablecoin Alternatives
24.7.2023
South Korea’s KEB Hana Bank is set to work with the central Bank of Korea (BOK) on the latter’s CBDC pilot and stablecoin alternatives, such as tokenized deposits.
Per the newspaper Maeil Kyungjae, Hana Bank is now “actively participating” in the BOK’s ongoing CBDC Proof of Concept project.
The...
Terraform Labs appoints new CEO from existing team: Report
20.7.2023
Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months
South Korean central bank charts out future course of payment systems, CBDC
19.7.2023
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country
Hedera Network Powers Shinhan Bank's Successful Test of Stablecoin Payments
19.7.2023
The South Korean commercial banking giant Shinhan Bank completed an EMV-compatible feasibility test for stablecoin remittance payments on the Hedera network.
According to the press release, the pilot included SCB TechX, Siam Commercial Bank's technology innovation business unit....
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South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
18.7.2023
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real time in its second stablecoin pilot project