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Crypto News Summary: BitOasis Partners With Mastercard, Gate.io Signs MoU With Busan, Seba Launches Custody Platform for NFT Storage
26.10.2022
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: Crypto News Summary: BitOasis Partners With Mastercard, Gate.io Signs MoU With Busan, Seba Launches Custody Platform...
Crypto.com, Gate.io Ink Deal to Help S Korean City Build ‘Digital Asets’ Exchange
26.10.2022
The South Korean city of Busan is inching closer to the launch of what could become the world’s first city-run crypto exchange – and has signed collaboration deals with the centralized exchange (CEX) giants Crypto.com and Gate.io.
The deals follow on the heels of similar agreements penned by...
How South Korea’s National Assembly Got Stood Up by Crypto Industry Reps at Terra Hearing
26.10.2022
Only two crypto executives represented the industry, though lawmakers asked five to attend
Crypto News Briefs: Australia Comes After BPS and Qoin, Bithumb Ex-Chair Faces 8 Years in Prison, Canaan Launches New Series, Art Project in Support of Ukraine
25.10.2022
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: Crypto News Briefs: Australia Comes After BPS and Qoin, Bithumb Ex-Chair Faces 8 Years in Prison, Canaan Launches...
S Korean MPs Rage After Terra Co-founder and Bithumb Shareholders Snub Hearing
25.10.2022
A number of leading South Korean crypto industry leaders failed to show up to a parliamentary hearing yesterday – including the Co-founder of the under-fire Terra Luna Classic (LUNC) issuer Terraform Labs Daniel Shin, as well as shareholders of the crypto exchange Bithumb....
Read More: S Korean...
Key witness called to testify at Terra parliamentary inquiry is a no-show
25.10.2022
Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July
Crypto News Summary: Bitcoin Mining Difficulty (Re)Breaks Record, NFT Can Be Property in Singapore, Ed Sheeran's Hacker Imprisoned
24.10.2022
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: Crypto News Summary: Bitcoin Mining Difficulty (Re)Breaks Record, NFT Can Be Property in Singapore, Ed Sheeran's Hacker...
S. Korean watchdog goes after crypto whales to ensure AML compliance
24.10.2022
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets
South Korea to Roll out Digital IDs as Banks Push Blockchain Driver’s Licenses
19.10.2022
South Korea may soon do away with plastic – and ditch physical forms of ID in favor of blockchain technology-powered alternatives....
Read More: South Korea to Roll out Digital IDs as Banks Push Blockchain Driver’s Licenses
South Korean Police Have Seized $1.3m in Crypto in 2022, Critics Say It’s Not Enough
19.10.2022
South Korean police have seized $1.3 million worth of crypto in criminal investigations so far this year, official numbers have revealed.
According to Segye Ilbo, the figure is just a small fraction (1.4%) of the total $92 million worth of assets seized by officers in criminal...
S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body
18.10.2022
An executive news director at the national South Korean broadcaster KBS received “crypto” from a figure at the head of an organization with alleged ties to North Korea, an official audit has revealed....
Read More: S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body
Angry Crypto Exchange Customers Will Get Compensation – If They Can Prove One Thing
18.10.2022
The South Korean market-leading crypto exchange Upbit has announced that it will compensate traders who lost money during the power outage that blighted the platform’s login functionality over the weekend – but only if they can prove they were really going to sell their coins during...
Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group
18.10.2022
According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber...
South Korean Prosecutors Say They Want to Buy New Crypto-tracking Tools
17.10.2022
Prosecutors in South Korea say they will spend money on crypto tracking tools – and have claimed that they will use these innovative solutions to crack down on money-laundering, crypto-powered drug deals, and kimchi premium trading.
According to Kookmin Ilbo, the Supreme Prosecutors’ Office of...
Japanese Crypto Exchanges Targeted by North Korean Hackers
17.10.2022
The notorious North Korean hacker group Lazarus is targeting Japanese cryptoasset companies, and some of these companies already saw their crypto stolen, according to The JapanNews, citing the National Police Agency (NPA)....
Read More: Japanese Crypto Exchanges Targeted by North Korean Hackers
Koreans to have access to blockchain-powered digital IDs by 2024
17.10.2022
Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used
North Korea’s Lazarus behind years of crypto hacks in Japan: Police
17.10.2022
According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.”
South Korea’s Biggest Exchanges Pen Crypto Crime-fighting Deal with Police
14.10.2022
The five biggest crypto exchanges in South Korea have signed a “crypto crime-fighting” MOU deal with the nation’s police force – and will work with officers fighting crypto-powered money launderers and crypto scam artists.
According to Fn News, the exchanges – the market-leading Upbit and Bithumb...
Crypto Hacks Fuel Memes of North Korea: Blockchain’s Biggest Baddie
12.10.2022
Seemingly every week in crypto yields another multimillion-dollar hack or exploit – and with it, reams of memes about North Korea, the supposed culprit
Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term
12.10.2022
A South Korean company employee whole stole over $2.8 million worth of his firm’s money to buy crypto has been handed a five-year prison sentence....
Read More: Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term