Since the beginning of this year, the cryptocurrency market has been in a tailspin. The current crypto winter may be long and severe. On the other hand, some investors remain hopeful that the tides wi...
Tag: Koreas
Crypto Winter Threatens North Korea’s Stolen Stash: Report
According to researchers, the deepening crypto winter poses a threat to a vital source of funding for Pyongyang’s weapons programs. It is not clear how much crypto the North Korean regime has stashed ...
South Korea’s SK Square Delays Crypto Token Launch, Here’s Why
South Korea-based SK Square, an investment arm of conglomerate SK Group, on Wednesday said it will delay the launch of its crypto token due to volatility and FUD in the crypto market. In fact, SK Squa...
South Korea’s Crypto Tax Delayed Until Jan 2025
Crypto tax on digital assets in South Korea will be delayed by another two years, according to an announcement from the Ministry of Economy and Finance tax policy chief Ko Kwang-hyo. Originally the 20...
South Korea’s Top Crypto Exchanges to Establish a Joint Consultative Body
The five leading cryptocurrency exchanges in South Korea – Upbit, Bithumb, Coinone, Korbit, and Gopax – will reportedly set up a joint consultative body that will oversee the local digital asset marke...
South Korea’s top exchanges seek to prevent another Terra-like crash
? Want to work with us? CryptoSlate is hiring for a handful of positions! The top five crypto exchanges in South Korea have decided to form a consultative body that will prevent a situation similar to...
How One Apartment Formed The Blueprint For Korea’s Top Lifestyle App
Seungjae Lee, a former chemical and electrical engineer, turned his passion for interior design into content sharing platform oHouse. Now, the startup is one of Korea’s largest lifestyle apps at a val...
Korea’s Car Giant Makes $16.5 Billion EV Push
Euisun Chung, chairman of Hyundai Motor. SeongJoon Cho/Bloomberg Amid growing competition among car makers to position themselves for a low-carbon future, Hyundai Motor Group said it plans to invest a...
South Korea’s Upbit and Bithumb warn over Litecoin privacy feature
Litecoin implemented the MimbleWimble Extension Blocks (MWEB) recently to boost privacy within the network. The privacy-focused upgrade could be good news for developers and users of the Litecoin netw...
South Korea’s FSC Proposes Stricter Rules for Crypto Market Participants – crypto.news
South Korea’s Financial Services Commission (FSC) has introduced stricter guidelines to govern the nation’s crypto ecosystem. Dubbed the ‘Comparative Analysis of the Virtual Property Industry Act, the...
Some Of Korea’s Biggest Conglomerates To Build Small-Scale Nuclear Plants In Asia
Getty Samsung and two other Korean conglomerates have signed an agreement with U.S.-based NuScale to build small-scale modular nuclear reactors, known as SMRs, in Asia as demand for clean energy grows...
South Korea’s President Faces Retaliation Over New Crypto Policies – crypto.news
New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean Presid...
Kim Jong Un Slams ‘Irresponsible’ Government And Health Officials As North Korea’s Covid-19 Outbreak Surges
Topline North Korean leader Kim Jong Un blamed his own government’s officials for failing to tackle the country’s surging Covid-19 outbreak and ordered his military to step in as the number of suspect...
South Korea’s New President Postpones Crypto Taxes to Promote Consumer Protection – crypto.news
The country’s new president is demonstrating his familiarity with cryptocurrency by announcing that no taxes will be levied on cryptocurrency investment profits until legislation can provide consumer ...
South Korea’s incoming administration pushes to end ICO drought
South Korea’s Financial Services Commission (FSC) banned ICOs Yoon Suk-yeol’s administration has included approval of initial coin offerings (ICOs) among its 110 national tasks Yoon’s administration i...
South Korea’s new president delays crypto taxes in favor of consumer protections
South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic...
VanEck partners with South Korea’s NUMOMO for community NFTs
VanEck has announced a partnership with South Korea-based creative NFT firm, NUMOMO, to release community non-fungible tokens. These tokens will provide the community access to the real-world utility ...
Op-Ed: South Korea’s new president aims to take crypto to the next level
The recent news that the incoming South Korean president is planning to boost the country’s crypto industry is welcome news, particularly in light of the economic power of South Korea not just regiona...
South Korea’s Cyworld Revives As A Web3 Integration
South Korea’s social network service Cyworld plans to bring back folks’ reminiscing memories from the 2000s. It is now moving towards Non-Fungible Tokens (NFTs), Metaverse, and cryptocurrencies by r...
South Korea’s Prominent Crypto Exchange May Face Painstaking Regulations
The Korea Fair Trade Commission (KFTC) plans to bring Upbit’s holding organization under large enterprises. Firms with over 5 Trillion Won assets come under the sight of KFTC. The regulato...
Korea’s Largest Crypto Exchange Could Face Stricter Regulations: Report
The Korea Fair Trade Commission (KFTC) is reportedly ready to impose tougher regulations on Dunama – the parent company of the country’s largest crypto exchange, Upbit – by classifying it as a “large ...
Korea’s Chaebols Race For EV Battery Supremacy
SK’s Chey Tae-won (left) and LG’s Koo Kwang-mo (right). Chey: Jae-Hyun Kim for Forbes Asia, Koo: LG This story is part of Forbes’ coverage of Korea’s Richest 2022. See the full list here. ...
North Korea’s Lazarus Group Attacking Crypto Firms, Warns US Government
The US government warns all crypto companies to beware of North Korean hackers i.e., the Lazarus group, and its plans of launching exploits through trojanized applications. Govt. Agencies Issue Warni...
North Korea’s ‘Lazarus’ Hacker Group and the $625M Ronin Network DeFi Exploit ⋆ ZyCrypto
Advertisement     U.S. officials have accused North Korea’s state-backed hacking collective ‘Lazarus Group’ of the unprecedented theft of $625 million in March from Ro...
South Korea’s Terraform Labs Looks to Buy $10 Billion in BTC
Terraform Labs in Seoul, South Korea is looking to buy as much as $10 billion worth of bitcoin to back its own stable currency, which it’s looking to release soon into the crypto market. The company i...
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group – Bitcoin News
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law e...
US claims North Korea’s ‘Lazarus Group’ responsible for Axie Infinity hack
The U.S. Treasury Department has claimed that the North Korean hacker group Lazarus is responsible for the $625 million hack of the Axie Infinity Ronin bridge. The agency added an Ethereum (ETH) addre...
US Officials Tie North Korea’s ‘Lazarus’ Hackers to $625M Crypto Theft
“Identification of the wallet will make clear to other VC actors, that by transacting with it, they risk exposure to US sanctions. This demonstrates Treasury’s commitment to use all available au...
Korea’s $1.6 Trillion Man Faces Giant Bubble Presidents Avoid
Rhee Chang-yong, the government’s nominee for Bank of Korea (BOK) governor, speaks to the media at … [+] Incheon International Airport in Incheon, South Korea, on March 30, 2022. SeongJoon...
South Korea’s ‘Kimchi Premium’ Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
In an interview with CoinDesk TV’s “First Mover” program, Scott Freeman, co-founder and partner of financial services firm JST Capital, suggested the global unrest was hurting bitcoi...