2022-11-18 14:01 |
South Korean crypto exchange GOPAX has announced suspending principal and interest payments in its DeFi service GOFi, which brokers products from global crypto lender Genesis Global Capital. origin »
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Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Today’s highlights: Korean crypto volumes surge 264% as Bitcoin hits $120K; Talos acquires Coin Metrics for $100M+ amid industry consolidation; Trump’s World Liberty tokens open to public trading … Continued The post Korean Crypto Surge, Talos M&A, and More | Pacific Sunrise appeared first on BeInCrypto.
2025-7-17 05:58 | |
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South Korean crypto figure Park, known as “Jonbur Kim” or the “Coin King,” has been arrested again on fresh fraud charges. This arrest comes just weeks after his release on bail for a separate crypto scam case. The Seoul Southern…
2025-2-21 17:34 | |
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Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto…
2024-12-16 11:30 | |
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South Korea’s crypto association asserts that local trading platforms are unlikely to conduct “mass delistings” even as they re-review 1,333 tokens over the next six months. South Korean crypto exchanges are set to re-evaluate over 1,000 tokens they listed earlier…
2024-7-2 11:24 | |
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Students in a South Korean college are earning crypto mined from the energy generated from their excrement.
2021-7-10 14:59 | |
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Huobi hopes to enter the South Korean and Japanese cryptocurrency markets through the purchase of major crypto exchanges.
2020-11-27 02:07 | |
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North Korean leader’s reported health issues cause the crypto community fear of the a regime crypto sell-off
2020-4-28 19:59 | |
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U.S. crypto exchange Bittrex claims that it has no North Korean users trading on its platform
2019-4-23 01:45 | |
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Ex-UBS bankers raise $100M for crypto project, Korean Exchange CEO accused of 1 billion won bribe, Bitmain IPO application brings recent losses to light and Walmart pushes suppliers onto the blockchain.
2018-9-28 19:17 | |
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Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.
2018-6-26 20:35 | |
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Insurance companies in South Korea are not very forthcoming in providing insurance for crypto exchanges in the country. Despite being the nation with the most prolific cryptocurrency users, exchanges and thriving digital assets business, insurance companies in South Korea are wary of providing coverage for Crypto Exchanges.
2018-6-26 19:06 | |
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Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets.
2018-6-26 16:30 | |
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South Korea finally responded to recent rumors stating that it will impose a 10 percent tax on cryptocurrency trading profits. According to a recent report, the country’s Ministry of Finance had already denied the existence of such a taxation scheme.
2018-6-26 14:49 | |
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The Korean Blockchain Association thought it was offering a win-win scenario to insurers when it previously held a briefing session to select a preferred carrier. It was offering insurance companies a package that included numerous exchanges while using that group to negotiate the best plan for its members, but due to the cost of recent hacks on.
2018-6-26 13:00 | |
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Despite the recent hack on Bithumb, in which over $30 million worth of cryptocurrencies was culminated by the hackers, Brian Kelly and Charlie Lee remain ‘bullish’ on Bitcoin. This week, the South Korean exchange, one of the largest cryptocurrency exchanges, Bithumb was hacked which led to the theft of $31 million virtual currency’s.
2018-6-24 22:30 | |
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Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37. 2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail.
2018-6-24 23:00 | |
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Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto exchange. The hack does not […]
2018-6-24 21:00 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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Exchanges South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.
2018-6-23 04:05 | |
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The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action.
2018-6-23 02:13 | |
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South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss.
2018-6-23 01:40 | |
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Yesterday, we saw news of another hack of the South Korean cryptocurrency exchange, Bithumb, the hack, resulted in the theft of over $30 Million. Just over a week ago, we also saw a similar scale hack take hold of (another South Korean cryptocurrency exchange) Coinrail, this time, we saw theft in excess of $40 Million.
2018-6-22 13:30 | |
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Korean Bithumb exchange hacked for over $30 million, Goldman Sach’s CEO - it's too 'arrogant' to say Bitcoin won't have a future, EOS network freezes for 5
2018-6-22 12:18 | |
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Korean Bithumb exchange hacked for over $30 million, Goldman Sach’s CEO - it's too 'arrogant' to say Bitcoin won't have a future, EOS network freezes for 5
2018-6-22 12:18 | |
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Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it has formally launched an investigation into the cause of the alleged security
2018-6-22 09:11 | |
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Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems.
2018-6-22 06:20 | |
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South Korean crypto exchange Bithumb has today confirmed it will reimburse users affected by the theft of 35 bln won (about $30 mln) from its hot wallet two days ago, in an official announcement today, June 21.
2018-6-22 01:03 | |
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South Korean crypto exchange Bithumb stated it will reimburse users affected by the $30 mln hack that took place two days ago
2018-6-21 21:36 | |
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The exchange stated: “We have announced about 35 billion Korean won of damages … Bithumb is reducing the amount of damage through ongoing damage recovery, future figures are expected to be lower.
2018-6-21 20:30 | |
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*All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience and thanks for your understanding.
2018-6-21 13:30 | |
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OPINION: Earlier today, top Korean cryptocurrency exchange platform Bithumb was hacked for a loss of about $30 million. While this has been the buzz in the crypto world, many have forgotten that another infamous hack occurred on this day.
2018-6-21 13:02 | |
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South Korean crypto exchange Bithumb has paused all transactions after suffering a hack attack.
2018-6-21 11:22 | |
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Regulation Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges.
2018-6-21 07:04 | |
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Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges.
2018-6-21 06:10 | |
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Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2. 6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all.
2018-6-20 21:10 | |
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The South Korean Ministry of Science and Technology (MIC) has set up a probe into the theft of $30 million from the world’s sixth largest cryptocurrency exchange Bithumb, Yonhap News reports Wednesday, June 20.
2018-6-20 18:25 | |
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The South Korean Ministry of Science and Technology has launched a probe into the theft of $30 mln from the world’s sixth largest crypto exchange Bithumb
2018-6-20 13:32 | |
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Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.
2018-6-20 13:30 | |
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Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.
2018-6-20 13:30 | |
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The South Korean crypto market is scrambling to retain its normalcy after hackers attacked and made away with about $30 million worth of crypto coins from Bithumb. Bithumb is a South Korean cryptocurrency exchange, the 2nd largest in the country and 6th largest in the world.
2018-6-20 12:18 | |
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News Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.
2018-6-20 10:31 | |
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The company said in an announcement today that the hack happened between late Tuesday night until early Wednesday morning Korean time. Though Bithumb has yet to disclose which cryptocurrency or in what amount had been damaged, it said in the announcement that the loss will be covered by the platform. As such, Bithumb said investors should
2018-6-20 10:17 | |
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Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.
2018-6-20 09:20 | |
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Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19. According to CoinMarketCap, Bithumb’s 24-hour trade volume at press time is over $374 million, the world’s sixth largest.
2018-6-20 08:48 | |
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Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of more than $31 million worth of cryptocurrencies. This marks the second Korean exchange hack in as many weeks.
2018-6-20 07:30 | |
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Leading South Korean crypto exchange Bithumb, the world’s sixth largest, has been hacked
2018-6-21 06:13 | |
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Leading South Korean crypto exchange Bithumb, the world’s sixth largest, has been hacked
2018-6-20 06:13 | |
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Exchanges South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions.
2018-6-20 21:31 | |
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South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions.
2018-6-20 18:10 | |
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Upbit is inching toward a future Nasdaq debut thanks to a corporate tie-up involving Naver and Dunamu (a $14.5 billion equity exchange).
With Washington tightening the screws on North Korea’s crypto-funded nuclear weapons programme, South Korea says it’s open to rethinking its own sanctions playbook. During a recent interview, South Korean Vice Foreign Minister Kim Ji-na told local media that “coordination between…
Binance is facing renewed scrutiny from South Korean lawmakers after a parliamentary hearing this week reignited calls for the exchange to compensate victims of GOPAX’s failed GoFi deposit program. South Korean lawmakers are intensifying pressure on Binance to fulfill a…
Binance holds a 67% stake in Gopax, acquired in February 2023. A $4. 3 billion US settlement eased regulatory concerns in South Korea. Gopax faced a $47 million liquidity shortfall linked to Genesis Global Capital.
Binance is finally making progress with its South Korea re-entry after over two years of delay, as authorities have reopened their review of the exchange’s long-stalled takeover of local crypto exchange Gopax.
Hwang Jung-eum, a South Korean actress and K-drama star, was handed a suspended prison sentence for embezzling $3 million from her agency to invest in cryptocurrency. According to a report from local media outlet Korea JoongAng Daily, Hwang has been…
South Korean regulators have moved to quell a brewing risk in crypto exchanges. The new regime bans high-risk leveraged loans and institutes a strict 20% interest cap, citing serious concerns over investor protection and market stability. On September 5, South…