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North Korean Internet Use Spikes 300% as Regime Turns to Cryptocurrencies
11.2.2020
According to a new report, North Korean internet usage is up as state actors use it as a means for raising revenues and skirting sanctions
Huobi Joins Multinational Alliance Klaytn Governance Council
10.2.2020
Huobi latest addition to roster of multinational Klaytn Governance Council
North Korea ‘Used LinkedIn, Telegram’ in USD 7m Crypto Exchange Hack
5.2.2020
A report claims that the infamous North Korean hacking group Lazarus used LinkedIn and Telegram messages as part of a raid that saw it make off with some USD 7 million from Singapore-based exchange DragonEx in March 2019.
Per Radio Free Asia, which quoted data from the Chainalysis 2020 Crypto Crime...
North Korean Hackers Created Realistic Trading Bot to Steal Money
5.2.2020
North Korean hackers created a realistic trading bot website to phish DragonEx employees
South Korean Bankers, Crypto-advocates Hope to Drive Crypto Tax Law
4.2.2020
South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul.
Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association,...
Is the Future of Blockchain Tech Innovation in the East?
1.2.2020
China, South Korea or India: Who will replace the U.S. as the world’s tech leader?
USA vs. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case
31.1.2020
Prosecutors appear to have a strong case against Virgil Griffith, the ethereum developer charged with conspiring to aid North Korea, legal experts say
Virgil Griffith Pleads Not Guilty to Evading U.S. Sanctions in North Korea Jaunt
30.1.2020
Virgil Griffith pleads innocent in North Korea sanctions case
Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions
30.1.2020
Ethereum developer Virgil Griffith pleaded not guilty to a charge of conspiracy to violate the International Emergency Economic Powers Act on Thursday. Griffith was arrested in November on allegations he spoke at a cryptocurrency conference in North Korea last year, where he allegedly taught...
Altcoin Delisting Claims Some Surprising Casualties in South Korea
28.1.2020
Some of South Korea’s leading crypto exchanges have apparently begun coin purges for low-volume tokens – but there could be a catch for the exchanges and the South Korean cryptocurrency industry as a whole, as a number of delisted tokens are Kakao Klaytn partners.
Per a report from South Korean...
South Korea Considers 20% Crypto Tax
20.1.2020
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal
South Korea Mulls 20% Crypto Tax Plan, Russia Also Wants to Tax Tokens
20.1.2020
The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020.
Per news agency Yonhap, the Korean finance ministry...
South Korea Considers Imposing a 20% Income Tax on Cryptocurrencies
20.1.2020
South Korean regulators are reportedly considering a 20% income tax on income from crypto transactions
Bitcoin.com Partners With Mecon Cash, Enabling BCH to Korean Won Withdrawal at Over 13,000 ATMs Across South Korea
20.1.2020
Bitcoin Cash has been added to Mecon Cash’s M.Pay platform which is integrated with over 13,000 ATMs in South Korea. By making bitcoin cash usable for withdrawing won across the country, Mecon Cash is ensuring that BCH users in Korea can always make urgent and small transactions in any place...
BTC Could Hit $10K, ‘Stay Away from North Korea,’ Akon City: Hodler’s Digest, Jan. 13–19
20.1.2020
In this week’s Hodler’s Digest, Bitcoin could be about to hit $10,000, new warnings about North Korea’s crypto conference, and Akon announces Akon City
Uncovering the Motives Behind North Korea’s Crypto Conference
17.1.2020
Experts warn not to attend North Korea’s upcoming crypto conference, saying the intentions behind the event are malicious
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Bithumb Exchange Fighting Back Against ‘Groundless’ $69M Tax Bill
16.1.2020
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions
Why Crypto’s ‘Rogue State’ Narrative Is a Risk to the Industry
15.1.2020
From a North Korean blockchain conference to a sanctions-evading crypto hedge fund, does this type of activity present a narrative risk to the crypto industry as a whole?
Crypto Exchange Upbit Finishes Security Update in Response to 2019 Hack
15.1.2020
Upbit has completed a security overhaul in response to a hack the platform suffered in late 2019