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DOJ Charges 3 North Korean Hackers With Stealing $100M+ From Crypto Firms
17.2.2021
The hackers allegedly stole over $1.3 billion overall through various schemes
Kakao to Record Private Securities on Its Own Blockchain as NFTs
17.2.2021
The move will aid South Korea's OTC securities market
Blockchain-powered Karaoke Booms in South Korea as Coronavirus Drags on
16.2.2021
Coronavirus pandemic-mitigating lockdowns and government-imposed limits on social contact are helping to spur the spectacular growth of blockchain-powered entertainment apps in South Korea – with token-driven karaoke, movie platforms and more.
According to Fn News, the blockchain-based app Somesing...
Happy Bull’s Year, North Korean Hackers!
15.2.2021
In this episode, Anna Baydakova and Danny Nelson discuss North Korea reportedly stealing your crypto to create nuclear weapons, Tesla rattling markets at an opportune time and Nigeria trying to ban crypto
South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
13.2.2021
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. Funds Ended Up in a Wallet With an Unknown...
Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
12.2.2021
Exploring where national security meets securities offerings in this week's crypto news
UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyberattacks
10.2.2021
A panel of experts at the United Nations says that North Korea has amassed $316 million in cryptocurrencies from various cyberattacks on crypto exchanges and financial institutions. The panel also investigated North Korea’s involvement in the $281 million hack of a crypto exchange. UN Expert...
UN report says North Korea behind $281M exchange hack to fund nukes
10.2.2021
A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
10.2.2021
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted...
UN Says North Korea Funded Nuclear Weapons With Crypto Hacks in 2020: Report
9.2.2021
U.N. experts estimate that over $316 million in crypto was stolen by North Korea-linked hackers last year
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
8.2.2021
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates
Bank of Korea publishes book on central bank digital currency's legal issues
8.2.2021
South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency
Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
5.2.2021
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld...
A Hat Generates Big Controversy In Latest Sky: Children Of Light Update
5.2.2021
The latest update to thatgamecompany’s Sky: Children of Light introduced a new hat that has stirred up controversy among the game’s Chinese and Korean fans, with both sides claiming cultural significance related to the cosmetic item and refusing to give an inch on social media.Read more
Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales
5.2.2021
Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021
Japanese Pop Star Talks About Her Facet as Crypto Investor — J-Pop Band Releases NFT Trading Cards
3.2.2021
Asian showbiz stars have been actively speaking about cryptocurrencies on major broadcasting networks. The Japanese pop sphere is not lagging behind, as one of its stars was featured in an interview talking about cryptos. Former Nogizaka46 Band Member Already Sold Her Crypto Holdings Nakada Kana,...
Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company
3.2.2021
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu
Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea
30.1.2021
U.S. Judge Kevin Castel also denied the ethereum developer’s request for more details about what he’s being charged with
Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea
30.1.2021
A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s...
Ethereum dev must face jury for allegedly helping North Korea evade sanctions
29.1.2021
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury