Terraform employees under probe for UST collapse in South Korea

In the quest for answers pertaining to the collapse of the Terra ecosystem earlier this month, South Korean authorities are now summoning all employees of Terraform Labs, which developed Luna Classic (LUNC) and TerraUSD (UST). дальше »

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South Korean authorities reportedly probe staff behind Terra

South Korean authorities are reportedly looking at the Terra crash to check for signs of intentional price manipulation and other issues. дальше »

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Vitalik Buterin Gifts $4m to Boffins at University of New South Wales

Vitalik Buterin, the Ethereum co-founder, has donated USDC$4M to the University of New South Wales (UNSW) in Australia. So, what is it for? The post Vitalik Buterin Gifts $4m to Boffins at University of New South Wales appeared first on BeInCrypto. дальше »

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Bitcoin price approaches key support levels to avoid 'cascade south'

Volatility is primed to return after upside above $29,000 fails to become an enduring trend.

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First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways

The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying. дальше »

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Why Is South Korea Throwing Money at the Metaverse?

South Korea has emerged as a global technology powerhouse in recent decades, giving rise to industry giants like Samsung, LG and Hyundai. If the country’s government gets its way, a metaverse company could be the next big thing to ride the Korean wave. дальше »

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Klaytn partners with Parity to boost its Metaverse growth

Klaytn, a public blockchain developed by South Korean internet giant Kakao has partnered with Parity Technologies as it looks to advance its presence in the blockchain ecosystem. With this collaboration, Klaytn hopes to further its image as the go-to platform for projects in the metaverse, gaming and decentralized applications (dApps). дальше »

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Do Kwon Has No Support for LUNA 2.0 from South Korean Exchanges

South Korean exchanges massively ignore Do Kwon and LUNA 2.0 дальше »

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Binance запустит регулируемую криптоплатформу на Ближнем Востоке в июне

Биткоин-биржа Binance готовится к запуску платежных и трейдинговых сервисов на основе полученных в Дубае и Бахрейне лицензий, сообщает South China Morning Post. Компания работает с местными банками, нанимает персонал и специалистов по комплаенсу, уточнил глава Binance по региону MENA Ричард Тэн. дальше »

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South Korea to tighten scrutiny of exchanges after Terra LUNA collapse

The collapse of the Terra ecosystem has sent shockwaves across the crypto ecosystem, dragging down the entire market. The post South Korea to tighten scrutiny of exchanges after Terra LUNA collapse appeared first on CryptoSlate. дальше »

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Korean Police Seek To Freeze Assets Linked To The Embattled Luna Foundation Guard

According to local media reports, South Korean police are looking to freeze Luna Foundation Guard’s funds following this month’s historic collapse of the Terra network’s LUNA and UST tokens. дальше »

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South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report

South Korea's financial authorities are looking to introduce measures to hold crypto exchanges to greater scrutiny in the wake of Terra's collapse, according to a report by The Korea Times. дальше »

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South Korean Exchanges Could Be Held Responsible For Terra Crash

The ruling party of South Korea is likely to host an urgent meeting on Tuesday with officials from the state’s top five largest crypto exchanges. The officials look forward to holding crypto exchanges accountable for their failure to save traders during the Terra crash. дальше »

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Korea Turns Against Luna Head as Police Request LFG Fund Freeze 

South Korea is starting to turn the screws on Terraform Labs and Luna CEO Do Kwon as UST stablecoin saga takes another twist. The post Korea Turns Against Luna Head as Police Request LFG Fund Freeze  appeared first on BeInCrypto. дальше »

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South Korean police request exchanges freeze LFG related funds

Police in South Korea contacted the country’s leading exchanges to freeze any funds linked to the embattled Luna Foundation Guard. дальше »

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Litecoin’s privacy upgrade could lead to delisting from South Korean exchanges

Two of South Korea’s largest cryptocurrency exchanges, UPbit and Bithumb, issued investment warnings against Litecoin (LTC) on May 23, citing the altcoin’s privacy upgrade. The post Litecoin’s privacy upgrade could lead to delisting from South Korean exchanges appeared first on CryptoSlate. дальше »

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Korean cybercrime unit requests exchanges to freeze LFG assets: Report

South Korean police have reportedly requested exchanges to ‘freeze’ the assets of the Luna… The post Korean cybercrime unit requests exchanges to freeze LFG assets: Report appeared first on Coin Journal. дальше »

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Korean Police Request LFG Asset Freeze: KBS

Several exchanges are due to meet with South Koreas ruling party to discuss the Terra depeg incident, and whether they should be accountable for investors lost funds. Police Investigating LFG... дальше »

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Litecoin’s MWEB Update Attracts Investment Warnings in South Korea

Soon after Litecoin underwent the Mimblewimble Extension Blocks (MWEB) soft fork, South Korean exchanges have raised concerns for the network as the upgrade might conceal transaction information. The post Litecoin’s MWEB Update Attracts Investment Warnings in South Korea appeared first on BeInCrypto. дальше »

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South Korea May Hold Exchanges Accountable For Terra Crash

South Korea’s ruling party has reportedly arranged an emergency meeting to take place Tuesday with representatives from the country’s five largest cryptocurrency exchanges. The authorities are expected to hold the... дальше »

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Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

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South African central bank mulls digital rand to streamline cross-border payments

The South African Reserve Bank is mulling the issuance of a digital rand, Reuters reported on May 18, citing the central bank’s Deputy Governor Kuben Naidoo. The post South African central bank mulls digital rand to streamline cross-border payments appeared first on CryptoSlate. дальше »

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Terra’s Do Kwon Investigated for Running a Ponzi: Report

South Korean prosecutors are reportedly weighing whether they could charge Do Kwon for running a Ponzi scheme by promising unsustainably high fixed interest rates on UST deposits via Anchor Protocol.... дальше »

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South Korean Regulators to Speed Up Enactment Of Crypto Laws After Luna Incident

With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have vowed to fast-track regulations aimed at protecting consumers from such risks. дальше »

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New Data Shows South Koreans Heavily Accumulating LUNA In Hopes of A Gigantic Price Rebound

South Koreans are laboriously purchasing Terra's native token undeterred by the massive crash last week. дальше »

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Response To Cole South's ‘Why I Don't Own Bitcoin Anymore’

A recent blog post outlined an investor’s rationale for abandoning bitcoin, and necessitated a Bitcoiner’s response. дальше »

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South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country. дальше »

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Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations

South Korea's National Assembly and the government are reportedly considering stricter crypto legislation following an emergency probe into the Terra market collapse. The post Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations appeared first on BeInCrypto. дальше »

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South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse

The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim” on Tuesday, May 17, at a plenary meeting of the National Assembly’s Political Affairs Committee, Yoon Chang-Hyeon stated; We should bring […] дальше »

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Terra faces litigation from South Korean investors over failed UST investment

After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »

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Terra Investors Reportedly Preparing to Sue Do Kwon for Fraud

The South Korean law firm LKB & Partners is reportedly preparing to sue Terraform Labs co-founder and CEO Do Kwon for fraud on behalf of investors financially harmed by Terras... дальше »

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South Korean lawmaker suggests summoning Do Kwon to the national assembly

Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary hearing. The post South Korean lawmaker suggests summoning Do Kwon to the national assembly appeared first on CryptoSlate. дальше »

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Assessing if Bitcoin back to its previous week lows is a real possibility

After a rather short-lived string of higher troughs and peaks within the bounds of a three-month up-channel (yellow), Bitcoin [BTC] headed south while dropping below some critical price points. While The post Assessing if Bitcoin back to its previous week lows is a real possibility appeared first on AMBCrypto. дальше »

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TerraUSD Collapse Spurs ‘Emergency’ Inspections of South Korean Crypto Exchanges

The collapse of TerraUSD has spurred financial authorities in South Korea to launch “emergency” inspections of domestic cryptocurrency exchanges. The post TerraUSD Collapse Spurs ‘Emergency’ Inspections of South Korean Crypto Exchanges appeared first on BeInCrypto. дальше »

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South Korea’s financial authorities and politicians start investigating Terra’s crisis

According to South Korea’s local media reports, two South Koren financial authority agencies have started “emergency” investigations into local crypto exchanges in response to the collapse of Terra. дальше »

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South Korean Authorities Commence Probes Into Terra Crisis

According to local media reports, two South Korean financial agencies have launched emergency inspections into local crypto exchanges in response to Terras dramatic collapse. A South Korean parliament member has... дальше »

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South Korea Launches Investigation into Terra

South Korean authorities begin investigation of Terra incident дальше »

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South Korea Plans Crypto Legislation By 2024, Leaked Report

In a move that will see South Korea become even more crypto-friendly, President Yoon has announced his intention to establish a new regulatory framework for the crypto industry by 2024. With this new legislation in place and increasing demand for cryptocurrency services across all areas of commerce, it seems likely they can pull off another […] дальше »

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Leaked Document Shows South Korea Preparing Crypto Regulations by 2024

A leaked document shows the government of South Korea is planning to introduce a crypto framework in 2023, with implementation expected in 2024. The post Leaked Document Shows South Korea Preparing Crypto Regulations by 2024 appeared first on BeInCrypto. дальше »

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The Metaverse in South Korea: TopGoal Brings Football to Klaytn Blockchain

The metaverse isn’t merely tech jargon. It’s a whole new virtual reality, evolving rapidly to change lives and industries. Beginning as a sci-fi fantasy two decades ago, the metaverse has now become intertwined with modern life. дальше »

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Solana: Decoding the aftermath of the recent losses on SOL's technicals

Solana (SOL) bulls had to face up to yet another liquidation post a broader market sell-off over the last two days. On its way south, SOL fell toward the $35-baseline for the first time in over nine mThe post Solana: Decoding the aftermath of the recent losses on SOL's technicals appeared first on AMBCrypto. дальше »

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FTX Token, Polkadot, Stellar Lumens Price Analysis: 12 May

The bloodbath continued on the charts as the altcoin market continued to plunge further south. FTX Token attempted to climb past the $30 mark but was unable to stay above this level. Polkadot simply sThe post FTX Token, Polkadot, Stellar Lumens Price Analysis: 12 May appeared first on AMBCrypto. дальше »

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Leaked report: South Korea to establish crypto framework by 2024

The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research.

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Bitcoin: Mapping out the odds of a BTC rally in the short-term

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin (BTC) headed south after a downswing from the $39,000-The post Bitcoin: Mapping out the odds of a BTC rally in the short-term appeared first on AMBCrypto. дальше »

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Terra: Fast Growing into the Next Big Thing in DeFi

Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST). The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK. дальше »

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ICOs are coming back following sweeping crypto reforms in South Korea

South Korea’s Presidential Transition Committee is proposing a crypto framework designed to foster the growth of the digital asset industry. The post ICOs are coming back following sweeping crypto reforms in South Korea appeared first on CryptoSlate. дальше »

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Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF

The South American country Argentina’s central bank released a statement on Thursday saying that the country’s financial sector is not allowed to provide services related to digital assets that are not regulated. дальше »

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South Korea Postpones Crypto Taxations; Repeals 2017 ICO Ban

South Korea’s incumbent president Yoon Suk-yeol has decided to delay the crypto taxation by reportedly wanting to adopt a different regulatory framework. President-elect Yoon is quite firm on remaining crypto-friendly as he might lift the ban on Initial Coin Offering (ICO) that was imposed in 2017. дальше »

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South Korean Government Holds Off On Capital Gains Tax On The Crypto Market

When it comes to cryptocurrencies, several governments have been keen to impose taxes without providing clear regulations for consumer protection. However, it appears South Korea, under Yoon Suk-Yeol’s leadership, is gearing up to take a different approach. дальше »

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South Korean President-Elect Announces Approval of ICOs

South Korean president-elect Yoon Suk-yeol, who starts his term on May 10, has announced the approval of initial coin offerings (ICOs). The post South Korean President-Elect Announces Approval of ICOs appeared first on BeInCrypto. дальше »

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