Advertisement     On Wednesday, a team of South Korean investigators raided the offices of seven domestic crypto exchanges as part of an ongoing probe into the fall of...
Tag: Korean
Prosecutors raid South Korean crypto exchanges in Terra investigation: Yonhap
South Korean prosecutors launch a raid on seven local cryptocurrency exchanges on Wednesday as part of the investigation into Terraform Labs and its co-founder Do Kwon, local news agency Yonhap report...
South Korean Prosecutors Raid Upbit and Other Local Crypto Exchanges Over Terra’s Crash
A group of investigators from the Seoul Southern District Prosecutors Office raided local crypto exchanges on Wednesday in an ongoing investigation into the infamous Terra Luna crash, Yonhap News Agen...
Justice Department Seizes $500,000 From North Korean Hackers
Key Takeaways The Justice Department announced today it was able to seize half a million dollars from North Korean hackers. The group had used a new strain of ransomware, “Maui,” to freeze the servers...
FBI Seizes $500K in Crypto and Ransom Payments From North Korean Hackers
The FBI and U.S. Justice Department last year thwarted attempts by North Korean state-sponsored hackers to cripple an American hospital—seizing $500,000 in cryptocurrency and ransom payments in the pr...
DOJ Seized Fiat and Crypto Assets Stolen by North Korean Hackers—Worth $500K
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South Korean investigators raid 7 local exchanges in Terra probe
As part of the investigation into the collapse of Terra in May, South Korean prosecutors raided seven local crypto exchanges on July 20, according to a report by Yonhap News Agency. The report said th...
FBI Recovers $500K Stolen Assets From North Korean Hackers
4 hours ago | 2 mins read Bitcoin News The North Korean gang threatened to shut down a Kansas hospital’s servers. Monaco stated that officials were able to take these assets only a few weeks ago. Nort...
US Seized $500K in Ransomware Payments and Crypto from North Korean Hackers
The US Justice Department has seized roughly $500,000 in digital payments and cryptocurrency from ransomware attacks launched by North Korean hackers. Deputy Attorney General Lisa Monaco said that US ...
South Korean President Change of Plan On Blockchain-based Gaming Had Developers In Shock
South Korean leadership has deviated from its plan on blockchain-based gaming. President Yoon Suk-Yeol has banned blockchain-based gaming in the domestic market. A professor of gamification Kim Jung-...
South Korean Regulators on the hunt for determined Kimchi Premium Traders
A South Korean financial regulator is prepared to go on the hunt for kimchi premium dealers and has vowed to prosecute anyone found guilty. several shrewd traders have attempted to gain from the kimc...
The Business Behind Tottenham Hotspur’s Pre-Season Korean Tour
Antonio Conte, head coach of Tottenham Hotspur and Son Heung-Min pose for a photo at a Press … [+] Conference ahead of the Coupang Play Series match against Team K League All-Stars at Seoul Worl...
Terra (LUNA) Saga Is Not Over Yet, Korean Prosecutors Discovers Another Domestic Subsidiary Of Terra “Flexi”
According to Korean local news site KBS news, the ongoing investigation for Terra’s crash has taken another turn as investigators have now linked a new crypto entity “Flexi” to Terra and Do Kwon. Deta...
Terra Founder Do Kwon In More Trouble As Korean Prosecutors Unearth Another Shell Company Linked To Him
– Advertisement – Prosecutors in South Korea have discovered a shell company named Flexi that Do Kwon allegedly used to launder funds from Terra. Investigators and prosecutors in South K...
U.S. and South Korean investigators will exchange data while Terra probe proceeds
Recently, South Korea’s Minister of Justice Han Dong-hoon made a trip to New York to meet with US officials to examine possible methods by which South Korea and the U.S may work together to investigat...
Dunamu, Korean fintech, to create 10k jobs amid crypto bear market –
Dunamu is wanting to contribute 500 billion won ($380 million) to make around 10,000 new Web3 occupations in the following five years It is a significant fintech firm in South Korea that works crypto...
Korean Fintech Announces $380 Million Investment in Web3 Initiatives
2 hours ago | 2 mins read Bitcoin News 10,000 new web3 jobs will be created as part of the company’s $380 million investment. According to the notification, local university graduates would be given p...
South Korean Tech Giant SK Telecom to Launch Its First Web3 Wallet – crypto.news
SK Telecom, a major South Korean telecommunications company, has joined forces with other blockchain companies to build a digital wallet that can store cryptocurrencies, nonfungible tokens, and digita...
Korean Fintech Giant Dunamu to Create 10,000 Web3 Jobs and Invest $380 Million (Report)
Dunamu – the company behind South Korea’s leading crypto exchange Upbit – plans to invest 500 billion won ($380 million) in the next five years and create approximately 10,000 new job positions. Expan...
Korean fintech giant plans to create 10K Web3 jobs amid bear market
Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create ab...
South Korean Telecom Operator SK Telecom to Develop Web3 Wallet
SK Telecom cooperated with AhnLab Blockchain Company (ABC), a blockchain subsidiary of South Korean antivirus software company AhnLab, and blockchain company Atomix Lab to develop a Web3 digital asset...
Are North Korean IT Remote Workers Targeting Crypto Firms? Here’s What We Know
According to the US Government, North Korean IT workers are flooding the freelance market. It’s illegal for US businesses to employ them, but, what if they have no idea they’re doing it? In this new r...
Kakao’s Backing Boosts Korean Gaming Entrepreneur To Billionaire Ranks
Kim Jae-young, founder of South Korean online game developer Lionheart Studio. Courtesy of Lionheart Studio Kim Jae-young, the founder of South Korean online game developer Lionheart Studio, is now a ...
‘Nobody is holding them back’ — North Korean cyber-attack threat rises
North Korea-backed cyberattacks on crypto and tech firms will only become more sophisticated over time as the country battles prolonged economic sanctions and resource shortages. Former CIA analyst S...
Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs
South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet that can support cryptocurrencies, nonfungible tokens and...
Sandbox Joins Hands With Korean Bank; Will This Pump SAND Price?
Metaverse has proved to be a very diverse opportunity for financial institutions to jump in. The Sandbox announced that KEB Hana Bank will be entering into the digital virtual world with them. Hana Ba...
South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs
Han Sung Motor, a South Korean imported car dealer, has rolled out non-fungible tokens (NFTs) to offer customers a secure and convenient experience based on the option of checking car details using th...
Korean startup Uprise lost $20M shorting LUNC
South Korean crypto investment startup platform Uprise reportedly lost around 99% of its assets worth about $20 million when it got liquidated shorting the Luna Classic (LUNC) token. Uprise’s trading ...
U.S. and South Korean Officials Meet to Discuss Terra Collapse
Key Takeaways Officials from South Korea and the U.S. met on Tuesday in New York to share information on financial crime. In that meeting, they discussed their investigations of the collapsed stableco...