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$100M Underground Remittance Network Using Crypto, WeChat Dismantled In South Korea
Seoul investigators say they have disrupted a secret money-transfer network that moved roughly 150 billion won—about $102 million—into and out of South Korea using a mix of mobile payment apps and cryptocurrencies. дальше »
2026-1-20 08:00 | |
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Bitcoin Meets Shari’ah Finance As UAE Bank Leads The Way
Ruya Bank has launched in-app Bitcoin trading, becoming the first Shari’ah-compliant bank to let customers buy and sell the cryptocurrency using a mobile banking app. Related Reading: South Korea Tightens Grip On Crypto Exchanges, Imposes Bank-Level Standards According to the bank, the move follows approval by its Shari’ah-governance board and was built with a regulated […] дальше »
2025-12-10 05:00 | |
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New Report Reveals the Alarming Reach of North Korea’s Crypto Hackers
A new report reveals North Korea stole $2.8B in crypto since 2024, using sophisticated nine-step laundering to convert assets into fiat via brokers in China and Russia. The post New Report Reveals the Alarming Reach of North Korea’s Crypto Hackers appeared first on BeInCrypto. дальше »
2025-10-23 14:16 | |
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Korea’s $930B Pension Giant Urged to Invest in Bitcoin and Digital Assets
A South Korean expert suggests the National Pension Service should actively consider investing in digital assets. He recommends using Korean-style DAT firms and spot crypto ETFs as a pilot program. дальше »
2025-9-29 15:08 | |
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How AI helped South Korea find hidden Bitcoin worth $230 mln
Key Takeaways South Korean tax officials in Jeju City uncovered crypto worth 230 million won from delinquent taxpayers using AI tools and exchange data, joining the nationwide effort to tighten enforThe post How AI helped South Korea find hidden Bitcoin worth $230 mln appeared first on AMBCrypto. дальше »
2025-8-19 02:00 | |
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XRP’s popularity continues to heat up, with LET Mining, sparking global user enthusiasm
Following its partnership with Ripple and integration with a top Korean exchange, South Korea’s BDACS has launched institutional custody support for XRP. Announced on Tuesday through BDACS’s X Account, this service enables institutions to securely store and manage XRP using Ripple Custody, Ripple’s enterprise-grade custody solution. дальше »
2025-8-7 13:00 | |
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Does Bitcoin bring us closer to a ‘nuclear holocaust’?
State-supported North Korean hackers, using the Lazarus Group moniker, stole billions of dollars worth of crypto in less than ten years. Their operations made North Korea the fifth-biggest country in terms of Bitcoin holdings. According to the UN report, nearly… дальше »
2025-3-18 14:50 | |
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Lazarus infects hundreds software developers, targeting Solana and Exodus crypto wallets
A new Lazarus campaign is spreading through npm packages, using BeaverTail malware to steal credentials, exfiltrate cryptocurrency data, and deploy a persistent backdoor. North Korea‘s Lazarus Group has planted six malicious packages in npm, targeting developers and cryptocurrency users, a… дальше »
2025-3-13 12:00 | |
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North Korea’s Lazarus Group now using crypto gifts to breach security defenses
The North Korean-linked Lazarus Group has adopted a new method of breaching crypto firms: sending cryptocurrency to their targets as part of an elaborate social engineering scheme. According to 23pds, the pseudonymous Chief Information Security Officer (CISO) at Web3 security firm SlowMist, this tactic aims to gain the victim’s trust before deploying malicious code. дальше »
2025-2-22 02:00 | |
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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares
South Korea's National Pension Service bought $34 million of MicroStrategy stock, gaining indirect exposure to Bitcoin. The pension fund joins others using MicroStrategy as a proxy for Bitcoin investing. дальше »
2024-8-20 12:28 | |
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North Korea’s digital infiltration: Threat of fake job applications in crypto
Suspected North Korean operatives are allegedly using fake job applications to infiltrate web3 projects, siphoning off millions and raising security concerns. In the last few years, blockchain and web3 have been at the forefront of technological innovation. However, to paraphrase… дальше »
2024-7-31 00:07 | |
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Busted! North Korea Caught Laundering Millions Via Shady Crypto Mixer
Once more, North Korea has demonstrated its cyber prowess, possibly undermining international sanctions by using cryptocurrencies. According to a recent assessment by UN sanctions monitors, North Korea is suspected of using the Tornado Cash platform to launder a whopping $148 million that was taken from a cryptocurrency exchange in March. This event highlights how difficult […] дальше »
2024-5-15 12:30 | |
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Elliptic: Lazarus Group taps Tornado Cash to launder Heco Bridge, HTX hack proceeds
North Korea’s hacker organization Lazarus is using Tornado Cash again despite U.S. sanctions against the popular cryptocurrency mixer. дальше »
2024-3-15 21:18 | |
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Montenegro extradites former Terraform Labs CFO to South Korea
According to an official notice, Montenegro has extradited Han Chang-joon, the former CFO of Terraform Labs, to South Korea following his arrest last year alongside Terra co-founder Do Kwon. Charged with using falsified travel documents, both individuals were sentenced to four months in prison by a Montenegro court. дальше »
2024-2-6 16:34 | |
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Tackling Ticket Reselling with NFT Solution in South Korea
South Korean artists combat ticket reselling using blockchain and NFTs, with Hyundai Card's new system for an NFT ticket solution. The post Tackling Ticket Reselling with NFT Solution in South Korea appeared first on NFT News Today. дальше »
2024-1-27 01:10 | |
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Could a Blockchain Digital Identity System in South Korea Soon Replace ID Cards?
South Korean officials are considering using a blockchain-based digital identity system for use in governmental and financial processes. The post Could a Blockchain Digital Identity System in South Korea Soon Replace ID Cards? appeared first on BeInCrypto. дальше »
2022-10-17 09:34 | |
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North Korea Uses Crypto Hack Funds to Develop Nuclear Weapons
North Korea seems to be using hacked funds to finance their new nuclear adventures. This is according to a new investigation that involves U.S. Intelligence. The post North Korea Uses Crypto Hack Funds to Develop Nuclear Weapons appeared first on BeInCrypto. дальше »
2022-10-12 04:59 | |
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A City in the Metaverse? South Korea’s Seongnam Plans NFT Citizenship
Officials in Seongnam, South Korea, have announced plans to digitally recreate their town in the Metaverse, providing citizens with access to municipal information and services using non-fungible token (NFT) identification. дальше »
2022-9-15 14:00 | |
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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 August 1. The post North Koreans reportedly targeting crypto jobs for insider access appeared first on CryptoSlate. дальше »
2022-8-2 00:00 | |
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How North Korea Infiltrated The Crypto Industry Using Fake LinkedIn Resumes
Per a Bloomberg report, North Korean-backed hackers might be stepping up their efforts and attack vectors against the crypto industry. Bad actors seem to be stealing resumes and information from major job listings websites to apply for jobs in the nascent sector. дальше »
2022-8-2 23:48 | |
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Ethereum Developer Gets 5 Years In Prison For Teaching North Korea Skirt Sanctions Using Crypto
An Ethereum engineer who gave a lecture on how to use blockchain technology in North Korea was sentenced to 63 months in prison on Tuesday. Cryptocurrency expert Virgil Griffith will pay a $100,000 fine for assisting North Koreans in evading US sanctions through the use of cryptocurrencies. дальше »
2022-4-13 07:23 | |
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TooNFT introduces decentralised webtoon platform to Web 3.0 via the Toomics Ecosystem
The third biggest Webtoons platform in South Korea—Toomics ventures into decentralized comics using TooNFT. Toomics, one of the leading WebToons, Comics, and Manga platforms in South Korea, will turn the tides of the Webtoons industry by introducing the TooNFT blockchain platform in this ordeal. дальше »
2022-3-31 11:30 | |
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North Korea using hackers to raise revenue via crypto heists
North Korea has been employing hackers to finance some state operations via “crypto heists”, according to a report by cybersecurity firm Mandiant. The post North Korea using hackers to raise revenue via crypto heists appeared first on CryptoSlate. дальше »
2022-3-26 02:08 | |
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South Korea Elects Bitcoin-Friendly President — Here Is What He Plans To Do
On Thursday, March 10, Yoon Suk-yeol, the leader of South Korea’s largest opposition party clinched victory, becoming the president-elect after scooping roughly 49% of the votes using among other campaign strategies, a platform that appealed to crypto enthusiasts. дальше »
2022-3-11 21:38 | |
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North Korea Is Stealing Your Crypto To Fund Its Ballistic Missile Program – UN Report
A confidential United Nations report has revealed that North Korea has been using the crypto funds stolen from exchanges to finance its weapon development, according to Reuters. Crypto Thefts Used To Finance Nukes The report that was submitted to the North Korea sanctions committee of the U. дальше »
2022-2-8 18:27 | |
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North Korea Accused of Stealing Over $1.7B in Crypto From Exchanges
North Korea has allegedly stolen over $1. 7 billion worth of crypto from exchanges over several years, South Korean media outlets report. The country has been using hackers to target individuals and companies from various parts of the world. дальше »
2021-12-30 11:32 | |
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Ethereum Developer Faces Up To 6.5 Years In Prison After Pleading Guilty To Conspiracy Charges
Ethereum developer Virgil Griffith is facing up to 6. 5 years jail term, after pleading guilty to charges of conspiracy. The developer had allegedly taken a trip to North Korea back in 2019, to aid them in using Eth to bypass United States sanctions. дальше »
2021-9-29 18:13 | |
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Talk About Renewable Energy: Toilet Turns Excrement Into Power AND Currency
A professor at the Ulsan National Institute of Science and Technology (UNIST) in South Korea basically turned led into gold. The toilet he created uses human feces “to produce biogas and manure.” Not only that, every person using it gets paid in “a virtual currency called Ggool, which means honey in Korean.” That’s right, this […] дальше »
2021-7-30 02:49 | |
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South Korean regulators demand this from foreign exchanges
The financial regulators in South Korea have asked the exchanges based outside the country to register with the anti-money laundering body if they were using the Korean Won. Eun Sung-soo, the ChairmanThe post South Korean regulators demand this from foreign exchanges appeared first on AMBCrypto. дальше »
2021-7-13 17:29 | |
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Get Paid for Excrement: This Eco-Friendly Toilet Pays You in Digital Currency
An eco-friendly toilet that pays people in digital currency for using it has been installed at a university in South Korea. The toilet is connected to a laboratory that uses excrement to produce biogas, which is used as a source of energy at the university. дальше »
2021-7-11 06:30 | |
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Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk to the country’s financial system. дальше »
2021-5-15 05:00 | |
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South Korea’s Tax Agency Clamps Down on Individuals Hiding Assets Via Crypto
South Korea’s tax authority is targeting individuals who use cryptocurrency to conceal their assets as a way of evading tax payments. NTS Investigating Tax Offenders Concealing Assets Using Cryptocurrecy According to the Korea Herald on Monday (Mar. дальше »
2021-3-16 00:00 | |
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South Korea cracks down on tax evaders using cryptocurrencies
As prices in the crypto market surge, the other side of the market has been witnessing a rise in criminal activities. On Monday, South Korea's tax agency reportedly caught 2,400 individuals who were hThe post South Korea cracks down on tax evaders using cryptocurrencies appeared first on AMBCrypto. дальше »
2021-3-15 14:30 | |
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Penta Security Taps Blockchain for Electric Vehicle Battery Data Collection
South Korea’s Penta Security has announced that it is using distributed ledger technology (DLT) for the collection, storage, and sharing of data related to electric vehicles (EV). The firm says it’s collaborating with AutoCrypt to develop a platform that will promote the safety, efficiency, and environmental friendliness of electric vehicles. Penta Making EVs Better withRead More дальше »
2021-3-13 02:00 | |
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Smart Farm Startup Green Labs Finalizes $18 Million Round Led by Hashed
Green Labs, a Seoul and San Francisco based startup pioneering smart farming using Internet of Things (IoT), has completed its Series B round. The $18 million round was headed by one of South Korea’s leading blockchain venture capital firms, Hashed, bringing Green Labs’ fundraising total to $28 million to date. дальше »
2021-1-21 16:43 | |
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South Korean court freezes Bithumb investor’s shares
The news comes after South Korean police conducted two consecutive seizures in a matter of a week. Bithumb is among the biggest cryptocurrency exchanges in South Korea. Though its customers have started to worry about using the platform for trading and storing their digital assets due to privacy reasons. дальше »
2020-9-18 00:42 | |
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South Korea Remittance Firm, Coinone Transfer, Attributes 50% Monthly Growth to RippleNet
Coinone began product development on RippleNet back in 2018; immediately after South Korea lifted a ban which earlier sidelined non-bank institutions. With new rules in place, Coinone aimed at using Ripple’s blockchain to tap into the S. дальше »
2020-3-6 19:26 | |
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Arrested Ethereum Foundation Researcher Released on $1M Bond
Virgil Griffith, the Ethereum Foundation research scientist arrested for allegedly aiding North Korea with sanction evasion, was released today on a $1 million bond just in time for the new year. Griffith was charged for violating federal law after traveling to North Korea to deliver a presentation on using cryptocurrency and blockchain. дальше »
2019-12-31 08:20 | |
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South Korean Credit Card Company Launch First Transaction Service Using Blockchain
According to a post released by The Korea Times on July 15, 2019, Shinhan Card Co. Ltd. , global top-five credit card company in South Korea, obtained a patent for a blockchain-based payment system. дальше »
2019-7-16 09:00 | |
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Top South Korean Credit Card Company, Shinhan Card, Patents Its Blockchain Payments System
South Korea's most popular credit card firm, Shinhan Card based in Seoul has been granted a patent for its blockchain-based payments system. According to the report shared by the Korea Times, the firm using the newest patent technology has built the global’s first blockchain-powered credit card transformation process that enables settling spending limits, carrying out […] дальше »
2019-7-15 20:22 | |
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Loyyal gets Korean patent award for its blockchain incentive program technology
Loyyal, an interoperable loyalty and rewards platform powered by blockchain, today announced the award by the Korea Intellectual Property Office of Patent number 10-1955833, for Distributed Ledger Protocol to Incentivize Transactional and Non-Transactional Commerce. дальше »
2019-6-25 12:28 | |
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