South Korea is planning to become a metaverse hub by 2026. Within the five-year metaverse development roadmap, the country aims to activate the ecosystem for metaverse platforms, nurture professionals...
Tag: Korea
Korea Customs Seizes Illegal CryptoTransactions Worth 5.6 Trillion Won
Korean customs service reportedly seized 5.6 trillion won worth of cryptocurrencies last year. The customs also reportedly seized 8.2 trillion won in trade and economic crimes. The captured cryptocurr...
South Korea saw over $4B in unregistered crypto transactions in 2022
In 2022, the citizens of South Korea transacted $4.3 billion (5.6 trillion Korean won) through ‘illegal’ crypto exchanges, according to local sources. The country’s government has been esp...
Ji Chang-Wook To Be Honored At Asian Film Awards In Hong Kong
South Korean actor Ji Chang-wook attends his fan meeting in Taiwan. (Photo by Visual China Group … [+] via Getty Images) Visual China Group via Getty Images South Korean actor Ji Chang-wook will...
Report: North Korea Stole More Crypto in 2022 Than in Any Other Year
A new report unveiled by the United Nations in early February shows that North Korea stole more crypto in 2022 than it has in any other year. North Korea Has Stolen a Lotta Crypto North Korea has long...
Binance to open crypto exchange in South Korea
Lee Woong-yeol, the honorary chairman of South Korean corporation Kolon, has joined forces with Binance to launch a digital asset exchange in the country. According to Korean local news sources, the K...
Binance faces turbulence in South Korea, how did BNB react?
Binance’s push into South Korea got called out by regulators in the country. Binance Pay pushed into France while BNB attempted to fight off sell pressure. According to South Korean news outlet Chosun...
Binance’s Entry Into South Korea Under Scrutiny by Regulators
2 hours ago | 2 mins read Exchange News Binance had acquired a controlling stake in the local exchange GOPAX. Regulators are weighing whether to maintain or sever connections between the two parties. ...
Binance Targeted By South Korea After US Regulatory Action
Crypto exchange Binance’s entry into the South Korean crypto market has raised concerns amid financial authorities in the country. The world’s largest exchange Binance acquired a majority stake in Sou...
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia – Bitcoin News
A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyan...
British citizen who helped North Korea evade US sanctions via crypto arrested in Moscow
Ad British national Christopher Douglas Emms — wanted by the FBI for allegedly helping the North Korean government evade U.S. sanctions via crypto — was arrested in Moscow by the Russian bureau of Int...
Briton detained in Moscow may have crypto links to North Korea
A British man allegedly linked to North Korea evading sanctions using crypto has been detained in Moscow. North Korean ties could lead to a 20 year sentence Christopher Emms, a 31-year-old British cit...
Brit who consulted North Korea on crypto reportedly detained in Moscow
The Moscow bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ). The man is accused of conspiring to violate U.S. sanctions on North Korea. Accordin...
A British National Charged With Aiding North Korea in Violating US sanctions
A citizen of the United Kingdom who was wanted by the Department of Justice in the United States was apprehended by the Interpol office in Moscow (DoJ). The guy is suspected of participating in a plot...
Bitcoin ‘Kimchi Premium’ in South Korea Goes to Discount
South Korea’s “Kimchi Premium” – a metric showing crypto’s price difference in global exchanges and such located in the Asian nation – went into a discount territory for the first time since January 1...
Jeon So-Nee Respected Her Curious Character In ‘Our Blooming Youth’
To solve the crime she is accused of Jeon So-nee’s character has to disguise herself as a man. Studio Dragon Jeon So-nee plays a woman ahead of her time in the historical k-drama Our Blooming Yo...
Norway Seizes $5.8 Million in Crypto Stolen by North Korea
Norwegian authorities announced they had seized a record $5.8 million worth of cryptocurrencies stolen by North Korean hackers in 2022. Reuters reports the Norwegian police said in a statement on Thur...
TA444 Is a New Crypto Hacking Group in North Korea
North Korea has long done anything and everything it could to get its hands on crypto. There’s no doubt about that. At this stage, it’s obvious the nation is trying to garner digital assets so it can ...
‘J-Hope In The Box’ Documents J-Hope’s ‘Jack In The Box’ Musical Journey
J-Hope performs at Lollapalooza at Grant Park in Chicago. (Photo by Michael Hickey/Getty Images) Getty Images It’s hard to imagine BTS member J-Hope being restrained by any kind of box. A remarkable d...
South Korea and Hong Kong join forces for crypto crackdown
South Korean and Hong Kong Customs administrations have struck a partnership to help curtail illegal foreign transactions that are carried out via digital assets. The duo to stop illegal foreign excha...
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea – Featured Bitcoin News
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen ...
Warrant Issued Against TMON CEO In Terra Investigation In South Korea
CEO of e-commerce giant TMON is wanted by South Korean prosecutors. The Terra-LUNA investigation led to an arrest warrant issued in TMON CEO’s name. The former CEO reportedly received bribes in Terra ...
South Korea Will Look into Crypto Staking Following Kraken Case
South Korean financial regulators plan to probe into crypto staking services on local exchanges considering the recent Kraken-SEC case. According to a local South Korean publication, Korean financial ...
South Korea to examine crypto staking services following the Kraken case
As reported by a local publication on Feb. 15, Korean financial authorities are looking into the staking services market. However, as the unnamed official specified to the journalists: The fears of th...
South Korea Regulators To Inspect Crypto Staking Services
The crypto industry has expressed concerns as regulatory scrutiny continues to intensify. In today’s news, South Korean financial authorities disclosed plans to examine cryptocurrency staking services...