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South Korea Looks to Invalidate Terra Co-Founder Do Kwon's Passport: Report
15.9.2022
The six South Korean nationals, including Do Kwon, were served with an arrest warrant earlier for violating the South Korea's capital markets act
OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities
14.9.2022
The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that...
Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon
14.9.2022
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol...
Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon
14.9.2022
Terra-based decentralized finance products saw outflows of over $20 million this morning
Busan signs MoU with Huobi, gets more help for local crypto exchange
14.9.2022
Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city
South Korea issues arrest warrant for Terra Founder Do Kwon
14.9.2022
A court located in Seoul, South Korea issued a warrant for the arrest of Kwon and five other people who are currently in Singapore
Number of South Korean 20- and 30-something Crypto Buyers Has ‘Nearly Tripled’ Since 2020
13.9.2022
More young South Koreans than ever are buying crypto, with the number of 20- and 30-somethings taking the plunge tripling since 2020. But this rise in bullish buying behavior has come at a price – with a sharp rise in youth bankruptcy claims reported over the same period....
Read More: Number...
South Korea Has Tracked USD 1bn Worth of Fraudulent Crypto Transactions This Year
12.9.2022
A staggering USD 1 billion worth of fraudulent crypto-related transactions has been identified in South Korea in the first half of 2022, new data shows.
According to Asia Kyungjae, the figures were compiled by the Korea Customs Service and made public by the lawmaker Kang Byung-won.
The data...
Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
9.9.2022
Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month....
Read More: Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
Ethlot.me Ethereum Mining ‘Scam Mastermind’ Flees South Korea for the Philippines
9.9.2022
The alleged leader of what police believe to be a ethereum (ETH) mining scam masquerading as a bona fide “pool” has fled abroad....
Read More: Ethlot.me Ethereum Mining ‘Scam Mastermind’ Flees South Korea for the Philippines
US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers
9.9.2022
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident...
Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash
8.9.2022
A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit. Upbit Sued by Crypto Investor Dunamu Inc., the company...
South Korea Is Gearing Up to Institutionalize Security Tokens
7.9.2022
The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022
South Korean regulators to prepare guidelines for security tokens in 2022
7.9.2022
South Korea will get a separate security tokens market operated by Korea Exchange
World Vision Becomes First South Korean Charity to Accept Crypto
6.9.2022
\The South Korean arm of the charitable organization World Vision has announced that it will accept donations made in cryptoassets – a first for a South Korean NGO.
Per the media outlet EDaily, as well as Maeil Kyungjae, the charity has signed a “blockchain cooperation deal” with a startup named...
Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse
6.9.2022
The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this partnership, Renault Korea’s objective is to establish its brand presence in...
The Sandbox Collaborates With Renault Korea
6.9.2022
The Sandbox, together with Renault Korea Motors, which happens to be a subsidiary of the French automobile manufacturing industry, Renault SA, in South Korea, have come together in a mutually beneficial partnership to take digital automotive experiences in the metaverse to the very next level. This...
Mysterious Elon Musk-themed Crypto Hackers Take Over S Korean Gov’t YouTube Channels
5.9.2022
Multiple South Korean government-run YouTube channels have been hacked by what, at first glance, appear to be crypto scam operators....
Read More: Mysterious Elon Musk-themed Crypto Hackers Take Over S Korean Gov’t YouTube Channels
Elon Musk-crypto video played on S. Korean govt's hacked YouTube channel
4.9.2022
The hacked YouTube account was restored within four hours following a proactive intervention from the South Korean government, confirmed a local news agency
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
4.9.2022
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With...