South Korea’s Crypto Asset Market witnessed exponential growth 95 percent of the entire transactions have been accounted for by the Korean-Won There are a total of 15.3 million crypto exchange users...
Tag: Korea
Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea – Bitcoin News
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted i...
Crypto Assets Catapult In South Korea: Valued Above $45.9B
South Korea’s Crypto Asset Market witnessed massive growth at the end of 2021. The valuation of the market stood at $45.9B (55.2 Trillion Won). This information was brought to light by the country’s p...
LABEL Foundation debuts on top digital asset exchange in South Korea
LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson ...
Treasure Scores Their Fourth No. 1 Album In Korea With ‘The Second Step: Chapter One’
K-pop boy band Treasure (photo courtesy of YG Entertainment). YG Entertainment South Korean boy band Treasure has only been releasing music for about a year and a half, but in that time, they have not...
Day6 Member Wonpil Debuts His First-Ever Solo Album At No. 1 In Korea
Wonpil of the band Day6 (JYP Entertainment). JYP Entertainment. For years now, South Korean boy band Day6 has demonstrated that they rank among the most popular vocal acts in the Asian nation, as all ...
The 10 Bestselling Songs In Korea In January 2022
SEOUL, SOUTH KOREA – FEBRUARY 12: Taeyeon of South Korean girl group Girls’ Generation performs … [+] onstage the SM Entertainment The Ballad Vol.2 Joint Recital at COEX on February ...
Western Union Partners with Travel Wallet for Expansion in South Korea
One of the world’s leading cross-border payment companies, Western Union (WU) has recently announced its expansion in South Korea through a collaboration with Travel Wallet, a financial technology fir...
The Bestselling Albums In Korea In January 2022
PAJU, SOUTH KOREA – DECEMBER 11: (EDITORIAL USE ONLY) Boy band ENHYPEN attends the Mnet Asian Music … [+] Awards 2021 (MAMA 2021) on December 11, 2021 in Paju, South Korea. (Photo by Chung...
South korea jails seven illicit crypto scammers
Crypto scams are also soaring as the entire ecosystem is garnering mainstream attention and adoption. Several scam projects have made many victims lose their hard earned money. However, following the ...
S. Korea Presidential Campaigns Support Crypto as Young Crypto Investors sees Growth
South Korea’s presidential campaigns have all supported cryptocurrencies as there is a growing number of young crypto investors in the country. There are more than 5 million individual crypto accounts...
Itzy Breaks Their Tie With Aespa And Red Velvet With Their Latest Certified Album In Korea
PARIS, FRANCE – OCTOBER 01: K pop band Itzy attend the Louis Vuitton Womenswear Spring/Summer 2020 … [+] show as part of Paris Fashion Week on October 01, 2019 in Paris, France. (Photo by ...
South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’ – Regulation Bitcoin News
Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest ...
S Korea: Former CEO of V Global gets 22 years jail over $1.9 billion scam
Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time o...
PancakeSwap to geoblock users from Iran, North Korea, others
TL;DR Breakdown PancakeSwap will start blocking access to IP addresses for Iran starting from March. The blockage will be extended to other nine jurisdictions. PancakeSwap is a BSC-based decentralized...
North Korea refutes claims that it stole crypto to fund missile program
The United Nations recently released a report saying North Korea had hacked into cryptocurrency exchanges and stolen $50 million worth of digital assets. North Korea has since refuted these claims. No...
North Korea Fires Crypto Bomb At US, Calls It ‘King of Theft’
North Korea has always hogged the headlines – not only for its “habitual” firing of ballistic missiles (which irks Uncle Sam and his allies) – but also for its passion for (allegedly) stealing other c...
North Korea Steals Millions via Cyberattacks to Fund Its Nuclear Missile Programs
According to a United Nations’ report published on Saturday by Reuters media outlets, North Korea continued with the development of its nuclear missile programs last year. The report revealed that cyb...
North Korea Allegedly Funding Missile Program With Stolen Crypto: Report
The United Nations (UN) says that North Korea is using cryptocurrency acquired in cyberattacks to help fund its illicit weapons program. In a new report, Reuters says it has reviewed the confidential ...
North Korea Funds Missile Programs With Stolen Crypto (UN Report)
The United Nations (UN) accused North Korea of stealing cryptocurrencies worth millions of dollars. Moreover, the report added that the totalitarian Asian state employed the stolen assets to fund miss...
North Korea develops nuclear missiles, profit from cyber-attacks, -UN report
TL;DR Breakdown A report from the UN reveals North Korea has been responsible for enormous cyberattacks. North Korea is said to have used the money accumulated to develop nuclear weapons. The cyber at...
Report: North Korea funded missile program using stolen crypto
A report submitted to the U.N. Security Council shows that North Korean cyber actors have stolen millions of dollars from crypto exchanges. The report stated that funds gotten from these cyberattacks...