Advertisement     A confidential United Nations report has revealed that North Korea has been using the crypto funds stolen from exchanges to finance its weapon develo...
Tag: Korea
Crypto Powered Nukes: North Korea Funds Missile Program With Stolen Crypto
North Korea has reportedly stolen millions of dollars of cryptocurrencies to fund its missile program. Funds Stolen By North Korea According to a leaked UN report as seen by Reuters, North Korea’s wea...
US Stocks Can Now Be Traded during South Korea Hours
Asian traders can now buy and sell US stocks during South Korean hours. Samsung Securities will offer the trading platform through its partnership with Blue Ocean Systems LLC. The new trading service ...
North Korea Targets Crypto Exchanges to Fund Missile Programs: UN Report Reveals
North Korea stole more than $50 million in cryptocurrency between 2020 and mid-2021 to fund the country’s missile programmes, an excerpt from a United Nations report stated. The North Korean cyb...
UN Report Says North Korea Funding Missile Program With Stolen Crypto
A confidential UN report states that North Korea has been funding its nuclear and ballistics missile program through cryptocurrency stolen from exchanges. The report says that the country has stolen a...
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says – Bitcoin News
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has ...
K-Pop Boy Band Pentagon Finally Scores Their First No. 1 Album In Korea
SEOUL, SOUTH KOREA – FEBRUARY 20: Pentagon attends the photocall for Mnet M Countdown at CJ E&M … [+] Center on February 20, 2020 in Seoul, South Korea. (Photo by THE FACT/Imazins via ...
North Korea Confirms Test Launch Of Ballistic Missile Capable Of Hitting Guam
Topline North Korea on Monday confirmed its test launch of a ballistic missile capable of striking the U.S. Pacific territory of Guam a day earlier, signaling the partial end of a self imposed morator...
Equinix, GIC Form Joint Venture to Build 2 Data Centers in South Korea
Equinix Inc. (Nasdaq: EQIX) is establishing a $525 million joint venture with GIC, Singapore’s sovereign wealth fund, to develop and operate two xScale data centers in Seoul, South Korea. Announ...
HeritageDAO Plans To Bid For Two National Treasures In South Korea
Advertisement     HeritageDAO (HDAO) announced its plans to acquire two significant Korean national treasures to preserve their culture. According to reports, one art ...
South Korea Sees Record FX Trading Demand in 2021
The foreign exchange (forex) volume traded by the South Korean banks touched a record high in 2021, with the average daily figure at $58.31 billion, according to the data published on Wednesday by the...
Bank Of Korea Successfully Completes First Phase Of CBDC Testing
The Bank Of Korea has effectively concluded the pilot testing of the issuance and distribution of their digital currency. It has also gone to state that BOK will have the central bank digital currency...
South Korea: Bitcoin investigations to ascertain household holdings
2021 was a year of change in South Korea as the administration announced several legislations in the crypto-space. And now, at the start of 2022, a new announcement from the National Statistical Offic...
Bank of Korea Completes First Phase of CBDC Testing
The Bank of Korea has completed the first phase of a central bank digital currency (CBDC) simulation testing in December 2021. Now, the regulator is going to proceed with the next phase. The first pha...
South Korea Adds Cryptocurrency to Annual Household Finance Survey
The National Statistical Office of South Korea has announced that it will add cryptocurrency to its annual household finances report. The data will help in its effort to tax the crypto market starting...
Bank of Korea Says First Phase of CBDC Test Completed Successfully
The Bank of Korea wrapped up the first phase of a central bank digital currency (CBDC) simulation project in December 2021, according to a report published on Monday. The first phase tested the basic ...
South Korea Completes The First Phase of its CBDC Testing Program (Report)
The central bank of the East Asian country – Bank of Korea (BoK) – has reportedly carried out the first stage of its two-part mock testing of its CBDC in December. The institution also revealed that t...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions – Taxes Bitcoin News
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indica...
North Korea Signals It May Resume Nuclear Testing, Prepare For ‘Long-Term Confrontation’ With The U.S.
Topline North Korea on Thursday said it may consider resuming all “temporarily-suspended activities” to bolster its defenses against a “hostile” United States, hinting it may be preparing to end its s...
ICOs Could Be Returning to South Korea
Key Takeaways South Korea’s leading presidential candidates have stated support for lifting the country’s ban on ICOs. The Korean government banned ICOs in 2017 due to the heightened risk ...
Chainalysis: North Korea Stole a Lotta Crypto Last Year
A new report from blockchain analysis firm Chainalysis suggests that in the year 2021, North Korea stole as much as $400 million worth of cryptocurrency. As many as seven separate attacks were launche...
Hackers in North Korea steal around $400 million from global exchanges
TL;DR Breakdown • The United States government is on the trail of North Korean hackers.• Hackers take advantage of the country’s strict policies to operate from Pyongyang. The cryptocurrency market wh...
North Korea Test Fires Another Missile, Threatens Strong Action Over U.S. Sanctions
Topline North Korea on Friday fired an “unidentified projectile” in what is believed to be its third missile test this month, according to the South Korean military, in a launch that comes just hours ...
Brand New K-Pop Girl Group Kep1er Debuts Their First Release At No. 1 In Korea
South Korean girl group Kep1er (Credit: Wakeone and Swing Entertainment) Wakeone and Swing Entertainment) The musical act that claims the No. 1 spot on the albums chart in South Korea this week only r...
The Bestselling Songs In Korea In 2021
SEOUL, SOUTH KOREA – DECEMBER 02: (EDITORIAL USE ONLY) Kang Daniel of boy band Wanna One attends the … [+] 2021 Asia Artist Awards on December 02, 2021 in Seoul, South Korea. (Photo by Han...
North Korea Appears To Launch Another Ballistic Missile
Topline North Korea launched a ballistic missile into the sea Tuesday morning following its first launch since October last week, Japanese and South Korean officials said, drawing attention from the U...
The Bestselling Albums In Korea In December
Boy band ATEEZ attend a red carpet event at the Mnet Asian Music Awards (MAMA) in Seoul on December … [+] 11, 2021. (Photo by Anthony WALLACE / AFP) (Photo by ANTHONY WALLACE/AFP via Getty Image...
Report: Investors in South Korea turn to crypto as gold prices struggle
After the U.S. Fed’s announcement of tapering took crypto for a spin, a similar situation is arising in South Korea’s domestic market, as per local reports. After raising the base rate twice to the 1%...
South Korea Holds Economics 101 Class For Covid Era
A cameraman films a screen showing South Korea’s benchmark stock index at the lobby of the Korea … [+] Exchange in Seoul on January 3, 2022, on the first trading day of the new year. JUNG ...