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Crypto Crackdown: South Korea Targets OTC Market Amid Multi-Billion Scandals
In light of a surge in illicit activities associated with the over-the-counter (OTC) crypto trading market, South Korea is increasing its regulatory scrutiny. Financial regulators in this tech-forward nation are actively delving into the largely unregulated domain of OTC crypto trading in the Asian country. дальше »
2023-9-19 01:00 | |
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South Korea shifts focus to OTC crypto-regulations
Regulators expressed concern over North Korean actors using OTC for illicit foreign exchange transactions Amount of illicit foreign exchange transactions through crypto was worth $4 billion lasThe post South Korea shifts focus to OTC crypto-regulations appeared first on AMBCrypto. дальше »
2023-9-18 19:30 | |
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PUBG developer Krafton teases metaverse video game Overdare
Krafton’s Roblox-like video game is said to rely on generative artificial intelligence and be based on the game engine Unreal Engine 5. South Korea’s game developer Krafton, best known for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is set to compete… дальше »
2023-9-18 14:00 | |
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Report reveals North Korea and Russia's crypto-nexus
About $22 million in stolen cryptos from the Harmony Protocol heist were transferred to a Russian exchange. Russia was the global hub of cryptocurrency laundering. The crypto industry has beThe post Report reveals North Korea and Russia's crypto-nexus appeared first on AMBCrypto. дальше »
2023-9-15 15:30 | |
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North Korean hackers turn to Russia to launder crypto
Blockchain analysts warn of growing cooperation between Russia-based crypto exchanges and North Korea-linked hacking groups. Democratic People’s Republic of Korea hacker groups have been actively using Russia-based exchanges to launder crypto since 2021, as strict international monitoring of North Korea’s… дальше »
2023-9-15 11:45 | |
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North Korean crypto hacks down 80%, but that could change overnight: Chainalysis
Crypto bad actors from the Democratic People’s Republic of Korea have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease. дальше »
2023-9-15 04:36 | |
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North Korea linked to latest crypto hacks, surpassing $270m
Recent investigations link North Korea’s Lazarus Group to a series of crypto hacks totaling over $270 million in stolen assets across major platforms in the past 102 days. Investigations suggest the latest high-profile hacks targeting crypto entities have been perpetrated… дальше »
2023-9-14 13:53 | |
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CoinEx hacks linked to North Korea's Lazarus amid third breach
Lazarus group suspected of the attacks on CoinEx. A third wave of attack hit the exchange. According to recent data, the hacker group Lazarus could be behind the attacks on crypto exchange CThe post CoinEx hacks linked to North Korea's Lazarus amid third breach appeared first on AMBCrypto. дальше »
2023-9-13 16:45 | |
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Web3 Doesn’t Care About Bitcoin Prices – And Other Musings From Korea Blockchain Week
A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history. дальше »
2023-9-13 11:25 | |
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North Korea Tied To Crypto Hack On Betting Platform, FBI Reveals
A well-known North Korean hacker group has once again made headlines this week, as federal authorities have revealed that they successfully stolen approximately $41 million worth of cryptocurrencies. дальше »
2023-9-10 12:51 | |
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FBI links crypto betting platform's theft to North Korea
FBI stated that it would continue to “expose and combat” the North Korean regime's criminal use of cryptos. Big names in the crypto industry expressed concerns on the growing number of inciThe post FBI links crypto betting platform's theft to North Korea appeared first on AMBCrypto. дальше »
2023-9-10 07:30 | |
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Avalanche's alliance with this gaming giant can drive AVAX in this direction
Avalanche welcomes South Korea’s gaming developer NEOWIZ to Arcad3 AVAX support at June lows and could be approaching the cycle bottom WEB3 gaming is rapidly gaining momentum and AvalancThe post Avalanche's alliance with this gaming giant can drive AVAX in this direction appeared first on AMBCrypto. дальше »
2023-9-8 02:30 | |
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FBI identifies North Korea’s Lazarus Group as culprit in $41M Stake exploit
The FBI revealed in a Sept. 6 report that the North Korean hacking entity Lazarus Group was responsible for a Sept. 4 exploit of online casino platform Stake that resulted in $41 million in cryptocurrency lost. дальше »
2023-9-8 22:40 | |
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Planetarium Labs Reveal Two New Blockchain RPGs at KBW 2023
Discover Planetarium Labs' latest Web3 gaming developments, revealed at Korea Blockchain Week, promising immersive and community-driven gaming experiences. The post Planetarium Labs Reveal Two New Blockchain RPGs at KBW 2023 appeared first on NFT News Today. дальше »
2023-9-7 15:30 | |
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Crypto awareness soars to 92%, but Web3 lags behind: Consensys report
Nigeria and South Korea have the highest percentage of respondents aware of cryptocurrencies. Web3 awareness was however lower across respondents from all continents. Consensys just publisheThe post Crypto awareness soars to 92%, but Web3 lags behind: Consensys report appeared first on AMBCrypto. дальше »
2023-9-7 09:30 | |
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Tornado Cash creators deny laundering $1b for North Korea hackers
Tornado Cash co-founders Roman Storm, Roman Semenov, and Alexey Pertsev are accused of helping criminals launder millions of dollars worth of stolen crypto дальше »
2023-9-7 00:35 | |
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Tokyo Beast Announces Crypto Entertainment Project at Korea Blockchain Week Conference
Tokyo Beast FZCO, a Dubai-based company, has taken the stage at the Korea Blockchain Week conference in Seoul to announce its crypto entertainment project, “Tokyo Beast. ” The project, created in partnership with renowned Japanese developer Gumi Inc. дальше »
2023-9-6 22:10 | |
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South Korean bank develops crypto custody together with BitGo
The South Korean bank KEB Hana Bank closed a new partnership with the cryptocurrency company BitGo to develop crypto custody. The partnership between the two companies will aim to develop a cryptocurrency custody business in South Korea. KEB Hana Bank… дальше »
2023-9-6 19:35 | |
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South Korea crafts bill to freeze North Korea crypto assets
The South Korean government plans to submit a bill that will enable it to track and freeze crypto assets used by North Korea for its weapons program, local media outlet Korea JonngAng Daily reported on Sept. дальше »
2023-9-5 14:30 | |
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Hana Bank and BitGo Partner Up on Digital Asset Custody Business in South Korea
Hana Bank entered the digital asset custody partnership through a strategic agreement with BitGo. The two companies will reportedly explore joint equity investment for a potential joint venture corporation. дальше »
2023-9-5 14:00 | |
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South Korean Hana Bank partners with BitGo to explore crypto custody business
A leading bank in South Korea, KEB Hana Bank, plans to explore the crypto custody business following its new collaboration with BitGo Trust Company, a renowned cryptocurrency custody firm. Established in 2013, BitGo is a well-known crypto custody firm offering services like trading, staking, custody, and wallet solutions. дальше »
2023-9-5 13:41 | |
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The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes
The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week. дальше »
2023-9-5 11:19 | |
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WEMIX introduces “unagi”: a new omnichain initiative that transcends blockchain boundaries
Seoul, South Korea, September 5th, 2023, Chainwire Aims to create a vast ecosystem to drive common growth of global blockchains Complete user-customized omnichain network to easily and conveniently utilize services across multiple blockchains All platforms and dApps are connected as one with blockchains bringing complementary strengths to the ecosystem WEMIX has unveiled unagi, short for […] The post WEMIX introduces “unagi”: a new omnichain initiative that transcends blockchain boundaries appeared first on CoinJournal. дальше »
2023-9-5 10:36 | |
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“TOKYO BEAST” – A Crypto Entertainment Game By Renowned Web 3 Companies Announces Launch On Korea Blockchain Week
Tokyo, Japan, September 4th, 2023, Chainwire TOKYO BEAST FZCO, headquartered in Dubai, United Arab Emirates; General Manager: Tomoe Mizutani; (hereinafter “TOKYO BEAST FZCO”) has announced the crypto entertainment project “TOKYO BEAST, gumi Inc. дальше »
2023-9-5 03:52 | |
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"TOKYO BEAST" - A Crypto Entertainment Game By Renowned Web 3 Companies Announces Launch On Korea Blockchain Week
"Tokyo Beast" launches at Korea Blockchain Week creating a new entertainment experience by integrating crypto assets. дальше »
2023-9-5 00:15 | |
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Seoul to target North Korea’s illicit crypto assets with a new cyber bill
South Korea plans new legislation and a cybersecurity committee to combat North Korean crypto theft and strengthen digital defenses дальше »
2023-9-4 22:36 | |
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“TOKYO BEAST” – A Crypto Entertainment Game By Renowned Web 3 Companies Announces Launch On Korea Blockchain Week
TOKYO BEAST FZCO, headquartered in Dubai, United Arab Emirates; General Manager: Tomoe Mizutani; (hereinafter “TOKYO BEAST FZCO”) has announced the crypto entertainment project “TOKYO BEAST, gumi Inc. дальше »
2023-9-5 20:00 | |
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South Korea Moves to Freeze North Korea’s Crypto Assets
South Korea is doubling down on its efforts to curb North Korea's cyber-funded arms programs. A newly revised bill sets its sights on tracking and freezing North Korean crypto assets, marking a significant advance in the fight against illicit digital financing. дальше »
2023-9-5 19:15 | |
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South Korea aims to freeze North Korea's crypto assets: Report
Sanctions against North Korea due to its nuclear programs have led to the country engaging in crypto theft. In 2023, North Korean hackers stole around $200 million in crypto year-to-date, as peThe post South Korea aims to freeze North Korea's crypto assets: Report appeared first on AMBCrypto. дальше »
2023-9-4 17:00 | |
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Maker (MKR) price soars amid South Korea expansion push
Maker price rally continued on Friday as cryptocurrencies recoiled. The coin reacted to Maker’s push in South Korea. Maker (MKR) price rally continued as investors watched the expansion of the network in South Korea, one of the biggest players in the crypto industry. дальше »
2023-8-31 17:26 | |
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South Korea's crypto controversy: This party member escapes expulsion
Democratic Party member Kim Namkuk once possessed approximately $4.5 million in WEMIX tokens. The motion to expel Namkuk for the same required a majority vote to succeed, which was not achieveThe post South Korea's crypto controversy: This party member escapes expulsion appeared first on AMBCrypto. дальше »
2023-8-30 19:00 | |
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Korea Blockchain Week 2023, Asia’s Most Impactful Blockchain Conference, Presents Web3’s Leading Voices
KBW2023 brings together the most sought-after builders, enterprises, thought leaders, and innovators to spark crucial conversations that shape the future of the blockchain industry. дальше »
2023-8-31 15:00 | |
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South Korea obliges crypto exchanges to hold $2.3m in reserves
South Korea has set a new reserve requirement for crypto exchanges, mandating them to have at least $2.3 million in reserves. Cryptocurrency exchanges in South Korea with bank-issued real-name accounts will have to reserve 30% of their daily average deposits… дальше »
2023-8-29 10:20 | |
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South Korean Crypto Exchanges To Face New Reserve Requirement Starting September
South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2. 3 million). This move comes as South Korea seeks to fortify consumer protection in the crypto domain. дальше »
2023-8-29 23:00 | |
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South Korea’s BC Card Applies for Receipt-Based NFT Patents
South Korea's BC Card aims to utilize NFTs for verifying purchase details in the secondhand luxury goods market. Learn how this expands NFT use-cases. The post South Korea’s BC Card Applies for Receipt-Based NFT Patents appeared first on NFT News Today. дальше »
2023-8-28 18:38 | |
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DongCoin decoded: Delving deeper into South Korea's meme coin revolution
In the sprawling cosmos of cryptocurrencies, each token carries with it a tale of innovation, disruption, and novelty. Among them, the 'meme coin' segment stands apart for its audacity to combine inteThe post DongCoin decoded: Delving deeper into South Korea's meme coin revolution appeared first on AMBCrypto. дальше »
2023-8-25 16:15 | |
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FBI Issues New Warning To Crypto Firms About North Korean Hackers
The FBI has warned cryptocurrency firms to scrutinize their blockchain data for wallets linked to the theft of hundreds of millions in crypto by North Korea's TraderTraitor-affiliated actors. The post FBI Issues New Warning To Crypto Firms About North Korean Hackers appeared first on BeInCrypto. дальше »
2023-8-24 02:37 | |
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GenZ’s Crypto Rebellion: South Korean Youth Chooses XRP Over Bitcoin And Ethereum
South Korea, known for its tech-savvy populace and a strong inclination towards crypto investments, has thrown a new trend into the spotlight concerning XRP. A recent report from the South Korean news outlet News1 Korea indicates that the nation’s Generation Z (GenZ) displays a marked preference for altcoins, most notably XRP, over the more established […] дальше »
2023-8-24 00:00 | |
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