South Korea has been tightening its regulatory regime towards crypto exchanges, but it seems that some citizens are still engaging in illegal transactions. According to local sources, South Koreans tr...
Tag: Koreans
South Koreans are the world’s biggest spenders on luxury goods
Handbags displayed in a Chanel SA store window at the Avenuel department store, operated by Lotte Shopping Co Ltd., in Seoul, South Korea, on Tuesday, Dec. 14, 2021. SeongJoon Cho | Bloomberg | Getty ...
North Koreans Hackers Steal Billions In Crypto In Five Years
The National Intelligence Service of South Korea calculated that threat actors with ties to North Korea have stolen roughly 1.5 trillion won ($1.2 billion) in cryptocurrencies. Also, other virtual ass...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Coinotizia
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Exchanges Bitcoin News
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
Koreans to have access to blockchain-powered digital IDs by 2024
South Koreans could soon allow its citizens to use blockchain-based digital identification (ID) instead of physical cards as soon as 2024, as the nation further embraces blockchain technology. Accordi...
South Koreans To Pay 10-50% Gift Tax On All Crypto Airdrops – crypto.news
After postponing the implementation of the tax on digital assets, the South Korean government has turned its attention to crypto airdrops. The South Korean authority has decided to impose a gift tax o...
South Koreans To Pay A Hefty Gift Tax On Crypto Airdrops
As the use of crypto assets increases, different jurisdictions create laws to govern their applications and controls. Some rules are connected to various aspects, with regulations and taxation taking ...
South Koreans Will Have to Pay A Heavy Gift Tax on Crypto Airdrops
As per the latest reports, the Ministry of Strategy and Finance is looking to introduce a new gift tax on airdrops for crypto assets. Earlier today, August 22, the ministry was responding to a tax law...
Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans
Aug 09, 2022 at 11:39 // News Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022. According to ...
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies – Taxes Bitcoin News
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resultin...
North Koreans Using Fake Resumes on LinkedIn to Steal Crypto
North Koreans are stealing information from LinkedIn and Indeed profiles and using fake resumes to land crypto-related jobs in rich countries. Seems that North Koreans are stealing information from Li...
North Koreans reportedly targeting crypto jobs for insider access
Crypto thieves from North Korea are impersonating experts using fake resumes and identities, Bloomberg News reported Aug. 1. According to Bloomberg, interviews with cybersecurity experts showed that t...
North Koreans Creating Fake Applications to Land Crypto Jobs, Says Researchers
Cybersecurity experts claim North Korean hackers are posing as job applicants for crypto jobs in wealthy countries to fund government operations. So-called North Korean software developers are scrapin...
North Koreans Allegedly Using Fake Resumes to Steal Crypto For The Government
– Advertisement – Fake IDs and Resumes Used to Launder Cryptocurrency by People Allegedly Working For The North Korean Government. Bloomberg reports that according to interviews with cyb...
Solana To Pull In $100 Millions To Support Terra-Affected South Koreans
The Crypto Massacre in early May has left many crypto investors with heavy losses. Terra(LUNA) collapse triggered this downturn in digital assets prices this time. Even flagship currencies such as Bit...
New Data Shows South Koreans Heavily Accumulating LUNA In Hopes of A Gigantic Price Rebound ⋆ ZyCrypto
Advertisement     South Koreans are laboriously purchasing Terra’s native token undeterred by the massive crash last week. Notably, several retail investors believe th...
US agencies warn against the influx of North Koreans in IT and crypto jobs online
The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North Korean workers in various freelance tech jobs, especially in the crypto indu...
Two South Koreans Paid in Bitcoin to Spy for North Korea – Regulation Bitcoin News
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the ...
Two more charged with teaching North Koreans to evade US sanctions with crypto
A United States district court has charged two European citizens in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to th...