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‘Real BTC Bull Run Is Yet to Begin’ – South Korean Crypto Chief
5.4.2024
The real Bitcoin (BTC) bull run is yet to start, a South Korean crypto CEO has claimed, with institutional investors ready to enter the market.
The post ‘Real BTC Bull Run Is Yet to Begin’ – South Korean Crypto Chief appeared first on Cryptonews
Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes
3.4.2024
Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.
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Crypto.com Expands Into South Korean Crypto Market
2.4.2024
Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch. “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South...
Crypto.com to Launch New App in South Korea on April 29
2.4.2024
Following regulatory approvals, Crypto.com app’s upcoming launch in South Korea will offer retail customers trading options for 150+ cryptos and exclusive NFTs starting April 29.
The post Crypto.com to Launch New App in South Korea on April 29 appeared first on Cryptonews
South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election
2.4.2024
South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10.
The post South Korean Politicians Accuse Each Other of Crypto Misconduct Ahead of Election appeared first on Cryptonews
USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District
2.4.2024
Police in Gangnam, an affluent district of Seoul, South Korea, have arrested 10 people accused of stealing money in a bogus USDT OTC trade.
The post USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District appeared first on Cryptonews
Trading Volume on South Korean Crypto Exchange Upbit Crashes 75%
1.4.2024
Upbit's 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show
Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
1.4.2024
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company's entry into the Korean market.
The post Binance CEO Richard Teng Visited South Korea to Address...
Vitalik Buterin’s South Korean Visit Has Nation’s Crypto Community Buzzing
1.4.2024
Vitalik Buterin, the Ethereum co-founder, was spotted out and about in the South Korean tech hub city of Pangyo over the weekend – to the delight of the nation’s crypto community.
The post Vitalik Buterin’s South Korean Visit Has Nation’s Crypto Community Buzzing appeared first on Cryptonews
South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show
29.3.2024
Several senior South Korean judges hold Bitcoin, Ethereum, and altcoins, new public disclosure data revealed on March 28.
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South Korean Civil Servant Charged with Crypto Fraud
28.3.2024
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.
The post South Korean Civil Servant Charged with Crypto Fraud appeared first on Cryptonews
The Munchables Hack Is Way Worse Than It Seems
27.3.2024
Apparently orchestrated from North Korea, the $63 million hack adds grist to the argument that crypto exploits pose a plausible national security risk
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
27.3.2024
Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion worth of cryptocurrencies, Blockchain analytics firm TRM Labs has found
Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe
27.3.2024
A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.”
The post Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe appeared first on Cryptonews
South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
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South Korean ‘Crypto Fraudsters’ ‘Duped Financier Out of $4.1m’
26.3.2024
Suspected South Korean crypto fraudsters allegedly fooled a wealthy financier into parting with over $4.1 million, the nation’s police force said on March 25.
The post South Korean ‘Crypto Fraudsters’ ‘Duped Financier Out of $4.1m’ appeared first on Cryptonews
Do Kwon Released From Montenegro Prison With Extradition Verdict Still Underway: Report
25.3.2024
Do Kwon was released from prison in Montenegro on Saturday as the Supreme Court deliberates on extradition requests from the United States and South Korea, according to a Bloomberg report citing prison officials.
The post Do Kwon Released From Montenegro Prison With Extradition Verdict Still...
Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing
25.3.2024
The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.
The post Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing appeared first on Cryptonews
Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision
24.3.2024
Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. Terraform Labs’ Former CEO Do Kwon...
UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
23.3.2024
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023...