Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (...
Tag: Korea
Cyber Attack Threat In North Korea Reaches Its Peak
North Korea-upheld cyberattacks on digital money and tech firms will just turn out to be more complex The nation fights delayed financial approvals and asset deficiencies Any weakness they could dist...
Crimes Against Humanity Continue Unabated In North Korea
A new report published by the International Bar Association’s (IBA) War Crimes Committee and the Committee for Human Rights in North Korea (HRNK) has found there is reasonable basis to conclude that K...
South Korea, US officials discuss sharing data in crypto investigations: Forkast
South Korea’s Justice Minister Han Dong-hoon met with US investigators in New York last week amid the countries’ separate probes into Terraform Labs and its co-founder Do Kwon, Forkast reported, citin...
Bored & Hungry NFT restaurant will open in South Korea
Bored & Hungry has announced that it will open its second NFT restaurant location in Seoul, South Korea, this fall of 2022. Bored & Hungry and opening in the fall in Seoul, South Korea The fam...
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report – Coinotizia
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (...
US and South Korea Set to Share Data on the Terra-Luna Meltdown
In the aftermath of Terra’s historic debacle, regulatory scrutiny targetting the stablecoin industry through cooperative measures across borders has become urgent to authorities worldwide. According t...
Double Trouble For Do Kwon, Terra Case To Be Investigated Jointly By Korea And The US! – Coinpedia – Fintech & Cryptocurreny News Media
Numerous accusations were made towards Terraform Labs and co-founder Do Kwon when the Terra network collapsed in May. Several international regulatory organizations launched legal inquiries to investi...
USA and Korea Join Forces To Investigate Terra (LUNA) Collapse for Potential Financial Crimes: Report
The governments of the United States and South Korea have agreed to investigate the collapse of former top-10 crypto project Terra (LUNA) for potential financial misdoings. According to a new report b...
Trouble For Do Kwon? Korea To Share Data On Terra Crash With U.S
The recent collapse of Terra LUNA has left a huge dent in the global cryptocurrency market. However, this fall has raised suspicions of fraud and manipulation among the regulator of different nations....
US, South Korea to cooperate over Terra investigation
U.S. and South Korean authorities have agreed to collaborate on the investigation of Terra’s implosion, South Korea’s Yonhap News Agency reported July 6. South Korea’s Justice Minister Han Dong-hoon m...
Korea and US agree to share investigation data on Terra-Luna
South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypt...
North Korea Stolen Crypto Stash Suffers Huge Beat-Down Following Bitcoin’s Crash To $18k
Lazarus devalued bitcoin, which was stolen by the Defi network. Lazarus has committed more than 40 plus hacks all across the world. According to media sources in the United States, N...
North Korea Ranks Top in Crypto Crime as per Recent Report
54 mins ago | 2 mins read Bitcoin News The research implies that all assaults from the DPRK are state-sponsored. DPRK’s hackers targeted one site, particularly Bithumb. There have been over 15 verifie...
North Korea Leads In Crypto Crime Locations In The World, Report Noted
North Korea has been described as the country with the world’s highest crypto-related crimes, with the United States, Russia, China, and the United Kingdom coming behind in that order. A recent report...
North Korea Leads the World in Crypto Crime (Report)
According to Coincub, the country has over 15 documented instances of crypto crime, with proceeds conservatively estimated at $1.59 billion. The other top four countries closely following the hermit k...
Is North Korea Behind The $100 Million Horizon Bridge Cryptocurrency Theft ?
Hackers in North Korea are under suspicion in the $100 million Horizon Bridge cryptocurrency heist that happened last week. Elliptic fingers, a blockchain forensics company, in a news report rel...
$100 Million Harmony Hack Linked to North Korea
Alex Dovbnya North Korea’s Lazarus Group is allegedly behind Harmony hack Blockchain sleuth Elliptic has linked the recent Harmony hack to North Korea. As reported by U.Today, the blockchainR...
The Crypto Market downturn turned out to be a loss of millions, even for North Korea!
Although the ongoing market crash is not at all good for investors, they might see a silver lining in millions of losses are also there for North Korea Many reports have come out depicting the value l...
South Korean Food Giant Aims To Take A Bite Of The $2 Trillion Global Halal Food Market
Halal logo, which is displayed on food products prepared according to proper Muslim rites. TENGKU BAHAR/AFP via Getty Images South Korean food giant SPC Group plans to expand into Malaysia to take a b...
Harmony, North Korea, Lazarus – A Q worth $100M
The Horizon hack has taken a new twist after the latest post-mortem report. The $100 million theft was initially observed on 24 June but after careful analysis, new developments have emerged. From Uni...
Recent Harmony Exploit Linked to Lazarus Group With Ties to North Korea
7 hours ago | 2 mins read Altcoin News The firm has offered a $1 million bounty for returning the stolen assets. Social engineering, the method used by the hacker, refers to earlier Lazarus attacks. H...
North Korea is the Country Most Infested With Scammers
Crypto crime in North Korea hits the top of the charts. Finally, they win at something. Yay! Crypto Crime – Gold Medal North Korea now leads the world in crypto scams. This is according to a new study...
North Korea Might Be Behind A Recent $100 Million US Horizon Bridge Hack
– Advertisement – Recent cryptocurrency thefts in the amount of one hundred million dollars may have been the work of North Korea. Three digital investigative agencies came to the conclu...
North Korea likely behind $100 million Horizon crypto hack: Experts
A photo illustration showing the North Korean flag and a computer hacker. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images North Korean state-sponsored hackers were likely the perpetrators of...
Tumbling Price of Stolen Crypto Spells Trouble for North Korea
The recent market crash has led to the value of stolen crypto held by North Korea to drop by over 60%. The total value of the stolen crypto it holds is estimated to be $65 million, down from $170 mill...
North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen
Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-orie...
North Korea is the global leader in crypto crime netting over $1.5 billion, study shows
North Korea is in the lead when it comes to cryptocurrency criminality worldwide, through a string of successful cyberattacks, an army of around 7,000 cybercriminals was able to generate money for the...
CoinDesk Korea Reports Do Kwon’s Terra Has $3.6 Billion in UST and USDT To Manipulate Prices or Launder Money
– Advertisement – CoinDesk Reports That Do Kwon’s Terra took 4.6 trillion won in slush money. After Terra’s May 7 crash, Uppsala Security and CoinDesk Korea investigated using on-chain d...
It’s Not Just Rising In The U.S.—But Europe, South Korea And More
Topline Inflation in the U.S. hit a 40-year high in May when consumer prices rose 8.6% in the 12 months ending in May—but the country is not the only one to see rising costs: A host of European nation...
Korea Blockchain Week to Hold First Live Event in Seoul After Covid Hiatus
Seoul, South Korea, 23rd June, 2022, Chainwire Korea Blockchain Week 2022 (KBW2022) is holding its first live event since the dawn of the Covid-19 pandemic in 2020, finally bringing the most respected...
South Korea Bans Terraform Labs Employees From Leaving The Country Amid Pending Crypto Investigation
According to the latest reports from the Financial Times, South Koreans have prohibited employees of the Terraform Labs from leaving the country as the settlement regarding an investigation is yet not...