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Nalezeno "the south": 2799

South Korean Regulator Set to Launch Crypto Auditing Guidelines

16.11.2022
South Korea’s financial regulator has revealed that it wants to introduce auditing guidelines for crypto-related firms – in response to the Terra-LUNC “incident” and the fall of FTX.... Read More: South Korean Regulator Set to Launch Crypto Auditing Guidelines

Could South Korean Crypto Exchanges Be Safe from Bankruptcy Risk?

15.11.2022
With some of the biggest names in the crypto exchange game apparently teetering on the cusp of bankruptcy, attention in South Korea is turning to domestic trading platforms. And some are suggesting that the nation’s sector may be safe from insolvency – at least for the time being. Per a report...

South Korean Stablecoin Fraudster Aged-60+ Jailed for Six Years

14.11.2022
Crypto fraud continues to escalate in South Korea – where a scammer aged over 60 has been given a six-year jail term for duping victims into investing in a sham stablecoin. Segye Ilbo reported that an unnamed individual in their sixties – named for legal reasons as A – was imprisoned on charges...

South Korean Academic: We Must Block North from Hacking Crypto

9.11.2022
A South Korean academic has claimed that Seoul must take steps to stop Pyongyang from hacking crypto targets south of the demilitarized zone – as tensions escalate between North Korea and its southern neighbor. Reports from both South Korea and Japan have repeatedly stated that Pyongyang-based...

16th Edition BFSI IT Summit South Africa

9.11.2022
After 15 successful editions of the BFSI IT Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance the experience to the latest insights in “Future Proofing BFSI In Africa.” The South African banking industry has widely been regarded as one...

LG ‘Ready to Make NFT Push’ as it Seeks Blockchain-savvy CTOs

8.11.2022
LG Electronics has announced it wants to hire two new Chief Technical Officers (CTOs) to lead its Web3 and blockchain technology operations – just months after registering a trademark for a crypto wallet. Digital Today reported that it was highly “likely” that the new hires would be tasked with...

Crypto Fraudsters Bait Victims with Promises of Free ETH and Rolex Watches

7.11.2022
The ringleaders of a South Korean crypto fraud ring that sucked victims in with promises of Rolex watches and etheruem (ETH) giveaways have been sentenced to jail. Money Today reported that three individuals were sentenced at a branch of the Seoul Central District Court’s Criminal Division...

South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets

3.11.2022
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...

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