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South Korea's new president delays crypto taxes in favor of consumer protections
4.5.2022
The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections
Report: Two South Koreans Paid in Bitcoin to Spy for North Korea
4.5.2022
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total...
South Korea’s Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal
4.5.2022
Kakao Bank, South Korea’s biggest neobank and an affiliate of the internet giant Kakao, has refused to confirm or deny that it has struck a partnership deal with Coinone – one of the four biggest crypto exchanges in the country....
Read More: South Korea’s Biggest Neobank Reportedly on Verge...
Crypto Stories: Ethan Lou shares experience of crypto conference in North Korea
2.5.2022
A Canadian journalist recounts the story of when he went to North Korea to participate in a crypto conference that’s full of surprises
South Korean Crypto Exchanges Resume Service as Usual after Travel Rule Breakthrough
28.4.2022
South Korea’s biggest crypto exchanges have finally linked their rival Travel Rule solutions – over a month after a new law that requires trading platforms to abide by the protocol came into force.
As previously reported, the Financial Action Task Force (FATF)’s measure, which requires...
Two more charged with teaching North Koreans to evade US sanctions with crypto
27.4.2022
Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there
US Charges Ethereum Dev’s Conspirators Allegedly Helping North Korea Evade Sanctions Using Crypto
26.4.2022
Two European citizens have been charged for conspiring with Ethereum developer Virgil Griffith to help North Korea evade U.S. sanctions using cryptocurrency, the Department of Justice (DOJ) announced. They conspired “to teach and advise members of the North Korean government on cutting-edge...
2 Europeans Charged With Conspiracy in Virgil Griffith North Korea Crypto Sanctions Case
25.4.2022
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
24.4.2022
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie...
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
22.4.2022
The government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations
Treasury Sanctions More North Korea-Linked ETH Wallets Over $600M Ronin Hack
22.4.2022
Study: Switzerland Has ‘the Most Profitable Bitcoin Traders’ Worldwide, While France ‘Is the Best Bitcoin Trading Nation’
20.4.2022
According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz assign each country...
More Big-hitting South Korean Non-crypto Firms Eyeing Token Launches
20.4.2022
Yet more big-hitting South Korean companies from outside the crypto sector are beginning to branch out into crypto-related business – with the e-commerce giant TMon and the KOSDAQ-listed hotel chain Ananti making moves on the token issuance front....
Read More: More Big-hitting South Korean...
FBI and CSIA issue alert over North Korean cyberattacks on crypto targets
19.4.2022
The cybersecurity agency believes that the threat from North Korean hackers will not go away unless crypto firms take necessary but simple steps to ensure their security
Finance Redefined: MetaMask institutional offering, Polygon to go carbon neutral, and more
18.4.2022
In this week's DeFi newsletter we look at the growing market of Metamask, Polygon's pledge to go carbon neutral and more
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
15.4.2022
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit...
North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI
15.4.2022
The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach....
Read More: North Korea’s Lazarus Group Behind...
South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem
14.4.2022
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem...
Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?
13.4.2022
Locking up crypto developers who stray into murky legal waters may become a more everyday occurrence in the years to come....
Read More: Five-year Jail Term: Has Virgil Griffith Become Ethereum’s Ross Ulbricht?
North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions
13.4.2022
Former Ethereum developer Virgil Griffith has been sentenced to 63 months in prison and a $100,000 fine for violating sanctions on North Korea