On Monday, two solution providers, VerifyVASP and CODE, linked their services to enable access to exchanges for investors. The move came a month after South Korea adopted the Financial Action Task Fo...
Tag: Korea
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from non...
WaykiChain returns to South Korea, sparking a global tournament of World Cup layouts
Advertisement     The South Korean market is regarded as being a blessing for WaykiChain. Here, WaykiChain has taken an important step towards globalization and intern...
South Korea Exchange Faces New Regulatory Scrutiny
The Korea Fair Trade Commission (KFTC) is considering bringing the operator of South Korea’s largest exchange, Upbit, under “large business” regulations. The Korea Herald reported that Dunamu’s reclas...
How Apple’s ‘Pachinko’ Marks A Breakout Role For Actress Kim Min-ha
In ‘Pachinko,’ Kim Min-ha stars as the young adult Sunja. Courtesy of Apple Kim Min-ha was so moved by the three scenes provided in Pachinko’s audition script that she knew she had to give...
US government warns that North Korea is targeting crypto firms
On Monday, three major US government entities issued a joint alert on cyber threats faced by companies working in the blockchain and cryptocurrency sector. These entities were the Federal Bureau of In...
Is North Korea Targeting Crypto Companies in New Ways?
DeFiance Capital founder Arthur Cheong has warned that hackers backed by North Korea have devised sophisticated methods targeting crypto companies. On Friday, Cheong shared on Twitter that these hacke...
North Korea Test Fires Nuclear-Capable Tactical Weapon, Day Before U.S.-South Korea Military Drills
Topline North Korea on Sunday said it test fired a new “tactical guided weapon” claiming it will help boost its ability to use nuclear weapons on the battlefield, just a day before the U.S and South K...
North Korea Responsible for Ronin Network Hack, FBI Confirms
The theft of $620 million in cryptocurrency, related to the bridge hack against the Ronin Network on March 23th, is the latest cybercrime committed by Pyongyang to fund its domestic programs, claimed ...
North Korea Is Targeting Entire Crypto Space, Top VC Warns
Key Takeaways DeFiance Capital founder Arthur Cheong has warned that North Korean-linked hackers are targeting all prominent crypto organizations. He also told Crypto Briefing that he had evidence tha...
Lazarus Hackers from North Korea get linked to the $625M Crypto Theft
TL;DR Breakdown A few weeks back, a staggering $625 million was wiped from the Ronin Bridge. The US Treasury Department accuses the Lazarus Group of being involved in the crypto theft. Ronin Bridge co...
North Korea Was Behind Axie Infinity’s $625 Million Ronin Bridge Hack
Alex Dovbnya In a stunning twist, the U.S. government has found out that North Korea was behind the Robin hack Lazarus Group, a notorious cybercrime group that is believed to be run by the North Korea...
South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem – Bitcoin News
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a n...
Virgil Griffith Sentenced to 5-Year Jail for Helping Individuals in North Korea Evade Sanctions
The strong hands of the law have been stretched to Virgil Griffith, an American national and one of the Ethereum core programmers, who is sentenced to 63 months in jail by U.S. District Judge P. Kevin...
Ethereum Dev Virgil Griffith Gets Five Years in Prison for North Korea Trip
In brief Former Ethereum developer Virgil Griffith was sentenced to 63 months in prison today. Griffith was charged with conspiring to help North Koreans evade U.S. sanctions via cryptocurrency. Virgi...
Ex-Ethereum dev given 5 year sentence over helping North Korea evade sanctions
Former Ethereum Foundation developer Virgil Griffith was sentenced to 5 years in prison after pleading guilty to a one-count charge of conspiracy to violate the U.S. International Emergency Economic P...
Sanctions Evasion: Ethereum developer Virgil Griffith sentenced to 63 months jail for helping North Korea
TL;DR Breakdown Former Ethereum developer Virgil Griffith was tried for various allegations. Griffith attended a conference in Pyongyang regarding cryptocurrency, helping North Korea in sanctions evas...
Former Ethereum Researcher Gets A 63-Month Prison Term For Aiding North Korea ⋆ ZyCrypto
Advertisement     Former Ethereum Foundation researcher Virgil Griffith has seen a sentence of 63 months in prison for charges related to helping North Korea. He was a...
Former Ethereum Developer Virgil Griffith Jailed For Role in North Korea Sanctions Evasion
Former Ethereum developer Virgil Griffith has been sentenced to more than five years in U.S. federal prison for helping North Korea evade sanctions. Griffith was arrested in 2019 and pleaded guilty la...
Ethereum Developer Gets 5 Years In Prison For Teaching North Korea Skirt Sanctions Using Crypto
An Ethereum engineer who gave a lecture on how to use blockchain technology in North Korea was sentenced to 63 months in prison on Tuesday. Cryptocurrency expert Virgil Griffith will pay a $100,000 fi...
Ethereum Developer Virgil Griffith Sentenced to 5+ Years For Speaking About Ethereum in North Korea
On April 12, 2022; Virgil Griffith, a former developer at the Ethereum Foundation, was sentenced to more than 5 years in prison on the charge of conspiracy, after traveling to Pyongyang in 2019, in vi...
Former Ethereum Developer Sentenced to Over Five Years for Helping North Korea Evade Sanctions
Alex Dovbnya Virgil Griffith, who assisted North Korea in evading U.S. sanctions, has been sentenced to over five years behind bars Former Ethereum developer Virgil Griffith, who has admitted to aidin...
Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip
Klein also informed Judge Castel of a recent psychological assessment of Griffith, done in prison, which apparently found him to be suffering from two personality disorders, Narcissistic Personality D...
Shinhan -South Korea bank has become the first financial institution to issue cryptocurrency accounts
Shinhan Bank in South Korea has become the first local financial institution to provide cryptocurrency-related accounts. The bank granted corporate won accounts to the cryptocurrency trade site Korbit...
Why Is South Korea Leading in Crypto?
Over the last few years, the astronomical growth in cryptocurrency prices facilitated the surge of crypto and blockchain technology adoption in a few key markets. South Korea is one of them. The natio...
South Korea Looking for Approval to Service Crypto
The Korea Federation of Banks (KFB) is reportedly asking South Korea’s incoming presidential administration to approve local banks servicing cryptocurrencies, according to a draft report that was leak...
Bithumb Korea Announces An Annual Operations Income Of $833 Million
The South Korean crypto market has marked some big winners. Bithumb, one of the country’s most prominent crypto exchanges, has reported an operating profit of $645 million for the year 2021. South Ko...
North Korea Calls U.S as ‘King of Theft’
North Korean officials describe the US as a “hacker king, a wiretapping government, and a master in covert crime.” North Korea accused the US on Thursday (Feb. 10) of stealing funds and co...
NFTs In South Korea: Why Is It Growing By Leaps and Bounds?
South Korea is a country very much inclined toward the concept of Non-Fungible Tokens (NFTs). People are said to adopt the NFT utilization rapidly, and the growth of the NFTs trend is by leaps and bo...