Banks Tied To Kimchi Premium Over $6.5B Investigated By Korean Regulators

South Korean financial regulators are looking into the massive amount of foreign remittances Regulators have been concerned about Kimchi premium trading Large remittances have raised red flags South K...

Fresh Trouble for South Korean Banks Over Bitcoin Kimchi Premium Trades Worth $6.5B

South Korea’s integrated financial regulator – Financial Supervisory Service (FSS) – is reportedly investigating domestic and commercial banks after detecting a significant amount of illegal overseas ...

FSS orders investigation into banks over kimchi premium ties 1

The Financial Supervisory Service (FSS) has ordered regulators to look into the activities of South Korean banks regarding their involvement in the Kimchi premium. According to a local news station re...

Korean regulators investigate banks over $6.5B tied to Kimchi premium

South Korean banks are being investigated for their role in facilitating $6.5 billion in suspicious overseas remittances which have been tied to companies arbitraging cryptocurrency.  According to an ...

Premium products take priority as companies battle cost-of-living

“As we create more premium beverages, it becomes more difficult for customers to replicate it at home and we think that helps with the concept of trade down,” Starbucks CFO Rachel Ruggeri ...

GM reveals new GMC Canyon premium midsize pickup, starting at $40,000

DETROIT — General Motors on Thursday revealed its redesigned GMC Canyon as a more premium offering than the current midsize pickup, including a new off-road AT4X model that will expand the vehicleR...

Squeezing Dividend And Options Premium From Mayo And Ketchup With Kraft Heinz Buy Write

John Dobosz is editor of Forbes Dividend Investor, which provides a weekly portfolio of high-yielding, value-priced income stocks, REITs and MLPs, and Forbes Premium Income Report, which sends out opt...

Buying Enbridge Today For Dividend Tomorrow Plus Call Option Premium Kicker

Calgary, Alberta-based Enbridge (ENB) trades ex-dividend tomorrow, August 12. This means that shareholders who own the stock through today’s close will earn the dividend of $0.6732 per share from the ...

South Korean Banks On Radar As Regulator Investigates Kimchi Premium Bitcoin ‘Irregularities’

South Koreans might be on the front line. The government, media, and regulators increased the scrutiny of the banks’ role in enabling kimchi premium dealers to profit quickly when trading volume...

Lawsuit claims Coinbase left basic security holes to sell fixes at a premium

Coinbase faces a new class action lawsuit, claiming it purposefully provides shoddy security to users in order to sell a $29.99 per month membership that would provide better protection — resulting in...

free premium Santiment analytics- The Cryptonomist

PRESS RELEASE The British Virgin Islands, July 29 2022 – Bitfinex, a state-of-the-art digital token trading platform, announced today that it will provide free access to Santiment, the cryptocurrency ...

Bitfinex Launches Subscription-Free Access to Santiment’s Premium On-Chain Analytics  

The British Virgin Islands, July 29 2022 – Bitfinex (https://www.bitfinex.com/), a state-of-the-art digital token trading platform, announced today that it will provide free access to Santiment (https...

South Korean Authorities Launch Probe Into Bitcoin’s ‘Kimchi Premium’

The Seoul Central District Prosecutor’s Office has reportedly opened a new investigation into illegal foreign remittances of over 2 trillion Korean Won ($1.5 billion).  This money, sid prosecutors, wa...

South Korean Prosecutors Firing Up Against Illicit Bitcoin ‘Kimchi Premium’ Transactions

South Korean Prosecutors are suspicious of illegal foreign exchange trading  Watchdogs are in strong doubt about money laundering and illegal forex trading FSS is going head-on against the two lenders...

YGG Partners With AMGI’s Premium NFT Project, My Pet Hooligan

YGG recently announced a partnership with My Pet Hooligan, AMGI’s premium NFT project. As an innovative Web3 entertainment venture, AMGI Studios possesses extensive gaming and animation experience. Th...

Quant Suggests Tesla’s Bitcoin Dump Behind Recent Red Coinbase Premium

A quant has suggested that the reason behind the recent negative Coinbase Premium could have been due to Tesla’s Bitcoin selling. Tesla Dumping 75% Of Its Bitcoin Holdings Might Be Behind Negative Coi...

Bitcoin Whale Selling Signals From Coinbase Premium, What Next?

With the sudden push in Bitcoin price in the last few days, speculation is rife around next big price action. However, institutional investors and big Bitcoin whales appear to have clear plans amid ma...

DOMINO DEX by ABBC Foundation Is Here To Bring Premium P2P Trading Experience

On July 18, ABBC Foundation successfully launched its decentralized exchange (DEX) ‘DOMINO’. This DEX aims to be the most secure, transparent, and unique next-generation platform to provide users with...

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...

Adshares Establishes Premium Partnership With Sandbox – Press release Bitcoin News

press release PRESS RELEASE. Adshares (ADS) is putting another stake in Metaverse’s advertising territory through a partnership with Sandbox (SAND). The long-awaited partnership by the Adshares commun...

Premium Driver App Launched As Low-Cost ADAS Backup, Supplement

Image generated by the mobile app Driver which monitors both road conditions and driver … [+] attentiveness and issues appropriate alerts and creates a video of each trip. Driver Technologies In...

Bitcoin Premium spikes thanks to Coinbase Pro Buyers

Reports from blockchain analytics company CryptoQuant shows that Coinbase Premium Index entered positive territory for the second time since April 2022. The index first increased on June 30 to a high ...

Coinbase Pro Buyers Trigger Spike in Bitcoin Premium

After weeks of treading in the red, the market briefly climbed to the $1 trillion mark. The world’s largest cryptocurrency – Bitcoin – as well as some major altcoins, raked in notable gains. Additiona...

CeDeFi Strategies for Premium Yields

With decentralized finance (DeFi) products on the cusp of mainstream adoption, investors are continuously seeking DeFi protocols that offer higher yields relative to traditional financial (TradFi) pro...

June close barely beats 2017 high as Coinbase Premium flips positive

Bitcoin (BTC) finished June 2022 just below $20,000 after a last-minute pump saw bulls escape 40% monthly losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin could sta...

Bitcoin Coinbase Premium Gap Approaches Zero, Selloff Ending?

On-chain data shows the Bitcoin coinbase premium gap has improved recently and is now approaching a neutral value, suggesting the selling pressure may be drying up. Bitcoin Coinbase Premium Gap Close ...

Premium Automaker Bentley Announces NFT Collection Launch on Polygon

12 mins ago | 2 mins read NFT News Carbon-neutral Polygon aims to achieve its goal of being carbon-negative by 2022 end. The digital artwork on each NFT will be unveiled before the NFTs go on sale in ...

Telegram Launches Premium Tier Benefits Seeking to Monetize Platform – Bitcoin News

Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly...

Telegram Introduces Premium Services as it Hits 700 Million Users

Telegram, one of the most functional messaging apps around, has hit 700 million active users, a milestone that showcases the growing popularity of the free social media app.  According to Telegram, th...

GBTC Premium Down 34%, Largest Discount Ever on Spot Market

Although Grayscale remains upbeat about the future, GBTC’s performance has been the subject of criticism by market experts, channeling the blame at regulators for what they see as an inaccurate risk a...

Grayscale Bitcoin Negative Premium Charts All-Time Low

The dramatic collapse in UST brought tremendous selling pressure, catching many off-guard. But the subsequent negative macroeconomic conditions have adversely affected the cryptocurrency market as a w...

GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens

The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market. Data from on-chain analytics resource Coinglass shows GBTC s...