– Advertisement – One of the World’s top exchanges makes Shiba Inu available for trading against Korean Won (KRW). Shiba Inu(SHIB) jumped more than 20% on Wednesday, fully recovering from ...
Tag: Korean
Alleged North Korean Cyber Criminals behind Harmony Hack Lazarus Group Moves $64M in Stolen Crypto over Weekend
Harmony hack perpetrators Lazarus Group recently moved $63.5 million in ETH, with Binance and Huobi recovering $2.5 million. North Korea’s Lazarus Group of cyber criminals linked to the $100 million ...
South Korean exchange Korbit to monitor accounts of employees, family members
Korbit exchange announced plans to monitor the accounts of its employees and their family members in a bid to improve internal control standards, according to local media reports. News 1 Korea reporte...
Bithumb ordered to pay outage damages to investors by South Korean court
The ongoing saga of the South Korean cryptocurrency exchange Bithumb continues, this time with ruling from local courts. On Jan. 13 the South Korean Supreme Court finalized its ruling that the exchang...
Suspected North Korean hackers move $63.5 million in ether stolen from Horizon bridge
Over the weekend, on-chain analysts detected large movements from wallets tied to suspected North Korean hackers that stole about $100 million in crypto from Horizon in June last year. Horizon ...
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage – Regulation Bitcoin News
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered...
North Korean Lazarus Group Moves $64M ETH From Harmony Hack
The Lazarus Group has been moving its spoils from the Harmony Bridge hack this weekend. On Jan. 16, blockchain sleuth ‘ZachXBT’ posted details of the movements of large amounts of Ethereum. The crypto...
Bitcoin Study Claims Chinese Crypto Traders Are Price Gouging Korean Buyers, But They’re Not (Opinion)
There’s a crypto study out of South Korea recently of Chinese Bitcoin arbitrage traders and Korea’s “kimchi premium” on Bitcoin prices. Its characterization of the cross-border Bitcoin trade and recom...
North Korean hackers account for one third of crypto cyber…
North Korea reportedly stole over $1 billion from the cryptocurrency sector last year through the activities of the Lazarus Group. So far this year, over a third of all cyber-related attacks on crypto...
Ripple’s Korean Partner SentBe Announces Expansion to U.S.
Gamza Khanzadaev Ripple partner SentBe to power U.S.-South Korea cross-border money transfers South Korean payments company and RippleNet user SentBe announced the launch of its international money-tr...
More Korean Dramas Aim For A Second—and Even A Third—Season
Lee Joon-gi takes over the role played by Song Joong-ki in the new season of ‘Arthdal Chronicles.’ Netflix Korean dramas traditionally don’t have seasons. With a story arc that’s mostly li...
Huobi clarifies Korean operations: Two separate entities aiming at same market
The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea. Following the report about Huobi Korea’s planned buyout of its shares from Huobi G...
South Korean regulators target Bithumb in new probe
South Korea-based cryptocurrency exchange Bithumb is under a “special tax investigation” by the country’s National Tax Service (NTS), according to local reports. On Jan. 10, tax agents reportedly raid...
The Block: Bithumb probed by South Korean tax officials: Yonhap News Agency
The National Tax Service (NTS) of South Korea has reportedly launched a “special tax investigation” into Bithumb Korea and Bithumb Holdings. On Jan. 10, tax agents raided BithumbR...
Huobi’s Korean Division Reportedly Wants To Go Independent
9 hours ago | 2 mins read Exchange News The Korean proposal is an offer to purchase all of Huobi Global’s stakes in the company. Huobi Global’s founder, Leon Li, also has a majority stake in Huobi Kor...
Former chairman of S Korean crypto exchange Bithumb not guilty
Lee Jung-Hoon, the former chairman of South Korea’s Bithumb exchange, was declared not guilty of fraud over the failed acquisition of the exchange according to a report by the Korea Economic Dai...
South Korean court finds former Chairman of Bithumb ‘not guilty’ of fraud
Lee Jung-hoon, the former chairman of the crypto exchange Bithumb, was acquitted by a South Korean court on Jan. 3. The 34th Division of the Criminal Agreement of the Seoul Central District ruled that...
South Korean Exchange UpBit Becomes Shirt Partner Of Napoli
– Advertisement – The partnership was made possible through a sponsorship deal between Napoli and Dunamu, the South Korean firm operating UpBit. UpBit, South Korea’s largest exchange by tr...
Binance Eyes South Korean Market Via Acquisition of Gopax Exchange
Exchange News The purchase announcement was originally scheduled for Christmas but was postponed. Binance left South Korea in January 2021. On Monday, Binance, the biggest cryptocurrency exchange in t...
Binance enters S Korean market
Binance is said to be wrapping up the acquisition of Gopax, one of the top five South Korean cryptocurrency exchanges. Final discussions underway Binance has reportedly completed due diligence for the...
Binance Reported to Re-Enter South Korean Markets
Binance is reportedly acquiring Gopax, a South Korean exchange, while Hong Kong plans to allow crypto exposure to retail investors. Decenter, a South Korean publication, reported that Binance complete...
Binance to acquire Korean top crypto exchange Gopax
Binance, the world’s largest crypto exchange, has had its eye on the Korean markets for a while. A deal with Gopax is the breakthrough that the leading exchange was anticipating. Gopax is one of the t...
Binance reportedly finalizing acquisition Korean crypto exchange Gopax
Binance is reportedly taking the final steps in acquiring Korea-based crypto exchange Gopax. Binance is completing due diligence (DD) on the acquisition and finalizing the process, according to Decent...
Binance to acquire the fifth-largest South Korean exchange Gopax
Binance is considering buying the fifth-largest virtual asset platform in South Korea, Gopax. The company has reportedly completed its due diligence and is ready to take the final steps. According to ...
South Korean Crypto Exchange Execs Arrested For Fraud
V Global, a South Korean crypto exchange valued at roughly 2 trillion won (about $1.5 billion USD), has been subjected to a government investigation, with six of its executives facing arrest and impri...
Bosses of Fraudulent South Korean Crypto Exchange V Global Jailed
South Korean authorities appear to have tightened their control over the digital asset space. As such, two high-ranking execs, named Mr.Yang and Mr. Oh of the fraudulent crypto exchange, V Global, wer...
North Korean Hackers Are Posing As Venture Capitalists To Steal Crypto Assets: Security Firm
A unit of the North Korean state-sponsored hacker Lazarus Group is impersonating financial and investment firms to steal crypto assets. According to security firm Kaspersky, the group known as BlueNor...
North Korean Hackers Pose As VC Firms And Banks To Steal Millions From Crypto Startups
North Korean hackers are taking it a notch higher by pretending to be venture capitalists to steal from cryptocurrency startups. BlueNoroff, the name given by cybersecurity experts to a crew associate...
North Korean hackers mimic crypto VCs in new phishing scheme
Kaspersky, a cybersecurity lab, is raising the alarm over renewed phishing tactics by the BlueNoroff group. The hackers are sponsored by North Korea which is financially motivated to profit from its c...
South Korean Crypto Exchange Fraudsters Sentenced
Six executives who were involved in the $1.5 billion (2 trillion won) South Korean cryptocurrency exchange fraud perpetrated by V Global have been sentenced to prison terms ranging from three to eight...