One of South Korea’s largest gaming companies has partnered with Space and Time (SxT), the decentralized data specialist. Wemade is a publicly listed company with a $1.4 billion capitalization. The de...
Tag: Koreas
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China a...
South Korea’s Lotte Group partners with Polygon for global NFT drive
Lotte Group, South Korea’s fifth-largest conglomerate with operations in manufacturing, hotels and e-commerce, plans to expand its non-fungible token (NFT) business onto the global market through a pa...
North Korea’s Crypto Heist Seized by Norwegian Police, How Did They Do It?
Alex Dovbnya Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime has announced biggest cryptocurrency seizure in country’s history The National Aut...
South Korea’s Kimchi premium turns to discount
South Korea’s “Kimchi premium” has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges. The phenomenon is named after the Korea...
A New Guidance is Announced for South Korea’s Crypto Firms
South Korea, mostly famous for its K-pop industry, framed guidance that defines which type of digital assets will come under securities in the country. The Financial Services Commission (FSC) said tha...
South Korea’s Second-Largest City Aims to Become a Crypto Hub – Featured Bitcoin News
South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto cou...
Binance Reopens In South Korea’s Crypto Market Via Stake In GOPAX Exchange
The world’s largest cryptocurrency exchange, Binance, has always been used to making it to the headline most times for its new acquisition. Today’s news is no different as Binance is set to return to ...
Korea’s FSC Orders Exchanges to Delist and Classify Crypto With Securities Properties
South Korea is looking to amp up regulations to prevent unfair trade in the industry. As such, the Financial Services Commission issued instructions to five major crypto exchanges in the country to de...
South Korea’s Ministry of Justice to enforce crypto tracking system in H1 2023
The Ministry of Justice in South Korea, through a Government Business Report released on Jan. 26, announced the primer of a ‘virtual currency tracking system’ to curb money laundering and recovery of ...
Virtual Currency Tracking System: South Korea’s Crypto Regulation
The South Korean Ministry of Justice has decided to introduce a virtual currency tracking system. The authority intends to strengthen the tracking of money laundering and the recovery of criminal proc...
North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms
The Federal Bureau of Investigation (FBI) has confirmed the Lazarus Group and APT38 as the culprits behind the $100 million Harmony Bridge Hack from June. The North Korea-linked cyber group had long b...
NATO Countries Are Giving Ukraine Hundreds Of Their Old Howitzers—and Replacing Them With South Korea’s Excellent K-9
South Korean marines in a K-9 prepare to return fire after North Korean shells started a blaze behind them during a 2010 skirmish. South Korean defense ministry photo NATO’s eastern and northern membe...
North Korea’s Lazarus Hackers Try to Exfiltrate Harmony Funds
North Korean hacker group Lazarus made attempts to move funds worth $63 million that were stolen from last year’s Harmony bridge hack, but the crypto exchanges used for the process claim its transfers...
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China – Bitcoin News
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is...
WEMIX delisted: South Korea’s delisting spree continues.
Seol District court justified DAXA’s reasons in delisting WeMade’s WEMIX. WeMade failed to properly disclose the outstanding number of tokens. Other exchanges delisting the token are Bithumb, Cinone,...
How a $144 Million Property Default Started Korea’s Credit Crunch
(Bloomberg) — Global central bankers are in a race against the clock to to tame runaway inflation. But push too far, too fast, and markets key to the smooth functioning of the financial system a...
How Paulo Bento Changed South Korea’s Style During Long Spell As Head Coach
Paulo Bento, Head Coach of Korea Republic, looks on prior to the FIFA World Cup Qatar 2022 Group H … [+]H match between Uruguay and Korea Republic at Education City Stadium on November 24, 2022 ...
The financing of North Korea’s nuclear development comes from digital currency theft. Now that FTX has fallen, may it also?
Join Our Telegram channel to stay up to date on breaking news coverage The repercussions of FTX, the second-largest cryptocurrency exchange in the world, declaring bankruptcy earlier this month have b...
South Korea’s unique and amazing crypto universe – Cointelegraph Magazine
Maybe it’s the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it is, South Korea has built its own unique corner of the cryptoverse that...
New Treasury sanctions link Tornado Cash to North Korea’s nuclear weapons program
Despite industry pushback, the U.S. Treasury is not giving an inch in the fight over its sanctions on Tornado Cash. The Treasury’s Office of Foreign Asset Control has in fact added a desi...
Why This Hyundai Scion Became An Impact Investor Instead Of Joining South Korea’s Third-Biggest Business Empire
After earning his M.B.A. from Columbia University, Kyungsun Chung, grandson of late Hyundai group founder Chung Ju-yung, could easily have joined one of South Korea’s largest business groups, just lik...
EOS Network and South Korea’s Busan establish VC alliance with $700M AUM
EOS Network Foundation, the non-profit helping to develop the decentralised blockchain network EOS (EOS/USD), and Busan Metropolitan City, have announced a memorandum of understanding (MoU) to boost c...
South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
The Financial Services Commission (FSC), South Korea’s financial regulator, will monitor the country’s largest crypto holders after raising concerns about the high risk associated with money launderin...
Japan’s Police: “North Korea’s ‘Lazarus’ Behind Years Of Crypto Hacks,” Oryen Network Launching With Unhackable Staking System
Hackers Tracked to North Korea In reports produced by the Japanese government, a significant amount of phishing hacks have been traced back to a group known as ‘Lazarus,’ located in North Korea. A joi...
BTS Will Reunite In 2025—After Doing South Korea’s Mandatory Military Service
Topline All seven members of BTS will fulfill South Korea’s mandatory national military service, the band’s label said on Monday, ending months of speculation over whether the world’s biggest K-Pop gr...
Japan’s NPA claims North Korea’s Lazarus Group is targeting crypto-firms
Lazarus, a North Korean hacking group, has been identified by Japan’s national police as the group responsible for several years’ worth of cyberattacks including cryptography. The National Police Agen...
North Korea’s Lazarus behind years of crypto hacks in Japan: Police
Japan’s national police have pinned North Korean hacking group, Lazarus, as the organization behind several years of crypto-related cyber attacks. In the public advisory statement sent out on Oct. 14...