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New Findings Warn Against Crypto ETFs in South Korea: Economic Threat Looms
South Korea appears to have found itself at a crossroads, engaging with the potential impacts of introducing spot crypto exchange-traded funds (ETFs) into its financial ecosystem. The Korea Institute of Finance (KIF) recently released a report voicing significant concerns over these financial products. дальше »
2024-6-25 04:00 | |
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Korea Institute of Finance warns spot crypto ETFs can harm local economy
The Korea Institute of Finance has flagged the risks sport Bitcoin ETFs pose to the nation’s economy. According to a report penned by researcher Bo-mi Lee, while spot crypto exchange-traded funds (ETFs) can offer institutional security for investors and profits… дальше »
2024-6-24 14:07 | |
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North Korea used $3 billion of stolen crypto to develop weapons of mass destruction, report says
According to the United Nations Security Council, this crypto was stolen over the last seven years and used in weapons development. A new investigation has revealed that crypto companies and wealthy individuals are being scammed on social media by North… дальше »
2024-6-21 17:30 | |
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SOLJU’s beverage-themed meme coin launches on Solana. Will it rally like Beercoin?
Key takeaways Solju is introducing beverages to the meme coin ecosystem by blending South Korea’s popular Soju alcoholic beverage drink with Solana’s innovation. The presale is slated to commence in 24 hours, with a 100 million token supply. дальше »
2024-6-18 16:57 | |
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South Korea to reconsider hundreds of crypto listings under new law: report
South Korea will review the listings of over 600 tokens on domestic crypto exchanges next month under new regulatory measures. South Korea‘s financial authorities will begin re-evaluating over 600 cryptocurrency listings on domestic trading platforms starting in July, following the… дальше »
2024-6-18 10:04 | |
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South Korea to Reevaluate 600 Crypto Listings on Local Exchanges
South Korea's financial authorities will review 600 cryptocurrencies on local exchanges, enforcing new standards starting July 19. The post South Korea to Reevaluate 600 Crypto Listings on Local Exchanges appeared first on BeInCrypto. дальше »
2024-6-17 06:50 | |
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Lotte and Hyundai Exit NFT Market as Korean Retailers Refocus on Core Business
Major South Korean retail companies, including Lotte and Hyundai, are leaving the NFT market. Discover the reasons behind this decision and how it will shape the digital landscape in Korea. The post Lotte and Hyundai Exit NFT Market as Korean Retailers Refocus on Core Business appeared first on NFT News Today. дальше »
2024-6-14 04:30 | |
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South Korean bank staff embezzles $7.5m to invest in crypto
An employee of South Korea’s Woori Bank has confessed to the police of embezzling $7.3 million from the bank to fund personal crypto investments, most of which failed. According to reports from local news outlets, the employee who has not… дальше »
2024-6-13 12:36 | |
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Ripple bids for dominance in Asia with new blockchain fund
Ripple is eyeing further growth in the Asia-Pacific region with a new fund for Japan and Korea. The company announced on Tuesday that the XRPL Japan and Korea Fund will target blockchain innovation across the region via the XRP Ledger.… дальше »
2024-6-11 17:58 | |
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Ripple Launches Massive Fund For XRP Ledger In East Asia
Ripple announced the creation of the XRPL Japan and Korea Fund on June 11, 2024, marking a major strategic move to deepen its engagement with blockchain innovation in East Asia. This initiative is part of a broader commitment from Ripple, allocating 1 billion XRP (worth approximately $490 million) to support various activities that catalyze the […] дальше »
2024-6-11 15:30 | |
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NFTs as Virtual Assets: South Korea’s New FSC Guidelines
South Korea's Financial Services Commission issues new guidelines clarifying when NFTs are considered virtual assets, impacting how businesses must operate under upcoming regulations. The post NFTs as Virtual Assets: South Korea’s New FSC Guidelines appeared first on NFT News Today. дальше »
2024-6-10 15:37 | |
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South Korea to classify some NFTs as Virtual Assets ahead of new crypto regulations
South Korea’s Financial Services Commission (FSC) is changing its stance regarding nonfungible tokens (NFTs), looking to classify some of them as Virtual assets. NFTs are primarily unique assets that cannot be replicated, traits that differentiate them from cryptocurrencies would be… дальше »
2024-6-10 13:05 | |
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South Korea issues guidelines for classifying NFTs as virtual assets
South Korea's Financial Services Commission has issued guidelines detailing when NFTs should be considered virtual assets. The guidelines focus on mass-produced, divisible, and payment-focused NFTs. дальше »
2024-6-10 12:19 | |
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Crypto Chaos: 70% Of Dead Korean Exchanges Leave Investors High And Dry
Investors in South Korea’s booming cryptocurrency market are facing a digital dust storm after a shocking revelation by financial regulators. A joint study by the Financial Supervisory Service (FSS) and the Korea Financial Intelligence Unit (FIU) found that a staggering 70% of shuttered crypto exchanges left their customers hanging, failing to return invested funds. Related […] дальше »
2024-6-8 16:00 | |
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XOCIETY Receives $7.5 Million in Funding to Develop New AAA Game
Seoul, Korea, June 6th, 2024, Chainwire XOCIETY, a AAA third-person shooter game, has successfully closed a $7. 5 million pre-Series A funding round. The round was led by Hashed and the Sui Foundation, with additional investment from other prominent gaming entities such as Spartan, Neoclassic, Bigbrain Holdings, and KRAFTON. дальше »
2024-6-6 16:42 | |
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Stargate Finance (STG) surges 77% following Upbit listing and V2 launch
STG, the native token of Stargate Finance, has skyrocketed by 77% within two hours of its listing on South Korea’s premier crypto exchange, Upbit. At the time of writing, STG was trading at $0.6873, marking a 42% increase over the… дальше »
2024-5-31 11:03 | |
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Stargate Finance ($STG) Soars With Upbit Listing, Investor Moves Millions
The price of Stargate Finance’s token, $STG, skyrocketed by 69. 53% in just two hours following its listing on Upbit, South Korea’s largest cryptocurrency exchange. This surge was fueled by the introduction of the STG/KRW trading pair, which significantly boosted investor interest and trading activity. дальше »
2024-5-31 05:42 | |
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South Korea’s Ministry of Justice forms task force to damper crypto crimes
South Korea’s Ministry of Justice has launched a special task force to combat the increasing prevalence of crypto crimes, signaling a major crackdown on fraud and market manipulation. South Korea is intensifying efforts to clamp down on market manipulation and… дальше »
2024-5-28 15:25 | |
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South Korea Busts Crypto Scam: 19 Arrested In ‘Reading Room’ Fraud
South Korean law enforcement has struck a blow against social media-fueled crypto scam with the arrest of 19 individuals linked to a deceptive “crypto reading room.” The Daegu Police Agency’s raid, which unfolded on May 21st, exposed a manipulative scheme that preyed on more than 300 unsuspecting investors, swindling them out of a staggering $19 […] дальше »
2024-5-26 18:00 | |
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Why is Solana meme coin Bonk (BONK) surging?
Bonk price rose sharply after South Korea exchange Bithumb announced listing of BONK in the KRW market. The Solana meme coin reached a two-week high as Bitcoin led the crypto market bounce. Bonk (BONK), the first dog-themed meme coin on Solana, has picked up significant upside in the past 24 hours. дальше »
2024-5-17 15:28 | |
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North Korea Laundered $147.5 Million in Crypto Stolen from HTX
North Korea washed $147. 5 million in stolen crypto through Tornado Cash, highlighting flaws in international sanctions enforcement and aiding prohibited nuclear activities. The post North Korea Laundered $147. дальше »
2024-5-16 20:09 | |
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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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US court orders freezing of 279 crypto accounts tied to North Korea
A US district court in Columbia has ordered the seizure of 279 crypto accounts linked to North Korean operatives. According to a May 10 report, Justice Timothy Kelly has ruled that the accounts be frozen and handed over to the… дальше »
2024-5-14 12:24 | |
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Leading Asian crypto info provider CoinNess launches English Live Feed with free API offer
Seoul, South Korea, May 8, 2024—CoinNess, one of the largest cryptocurrency investment information providers in Asia, today launched its English service with a Live Feed feature for global audiences. дальше »
2024-5-8 13:48 | |
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Korea Blockchain Week 2024 Announces Esteemed Headline Speakers, Claiming its Crown as the World’s Pre-eminent Web3 Conference
Сообщение Korea Blockchain Week 2024 Announces Esteemed Headline Speakers, Claiming its Crown as the World’s Pre-eminent Web3 Conference появились сначала на Coinstelegram.
дальше »2024-5-8 16:16 | |
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South Korea excludes cryptocurrency in recently updated Donation Act
In a significant legislative update, South Korea has revised its Donation Act for the first time since 2006, broadening the scope of acceptable donation assets but notably excluding cryptocurrencies like Bitcoin. дальше »
2024-5-6 16:04 | |
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CZ sentenced and SBF’s deal: April’s crypto crime round-up
Do Kwon remains in a tug-of-war between the U.S. and South Korea. Meanwhile, prosecutors are continuing to clamp down on crypto mixers. April’s been a pretty significant month when it comes to crypto crime. Where else to start than with… дальше »
2024-5-3 12:27 | |
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Lawmakers urge Biden administration to address ‘rogue nations’ evading sanctions via crypto
A coalition of US lawmakers penned a letter to top government officials on April 28 expressing urgent concern over the use of digital currencies like Tether (USDT) by countries such as Russia, Iran, and North Korea to bypass international sanctions. дальше »
2024-4-30 23:48 | |
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South Korea to introduce crypto crime investigation unit
South Korean regulators are proactively addressing the rise in crypto crimes by considering establishing a permanent investigative unit. дальше »
2024-4-29 16:48 | |
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South Korea Responds to Crypto Crimes with New Investigative Unit
South Korea establishes a specialized unit to tackle crypto crimes, a significant step in bolstering its regulatory framework amid rising incidents in the sector. The post South Korea Responds to Crypto Crimes with New Investigative Unit appeared first on BeInCrypto. дальше »
2024-4-30 14:00 | |
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Crypto Crackdown In South Korea: New Unit To Hunt Down Criminals
South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024. дальше »
2024-4-29 11:55 | |
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Lazarus On The Hunt: How North Korean Hackers Are Targeting Crypto Via LinkedIn
The notorious Lazarus Group, a cybercriminal organization believed to be backed by North Korea, has emerged with a new attack strategy targeting unsuspecting companies on LinkedIn, a popular professional networking platform. дальше »
2024-4-25 13:30 | |
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