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…

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Bitcoin Reserve? South Korea joins Japan, Switzerland in...

The Bank of Korea rejects Bitcoin reserves, citing high volatility and transaction cost concerns. Global sentiment on Bitcoin reserves remains divided, with major economies exercising caution.

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North Korea leapfrogs Bhutan, El Salvador in Bitcoin holdings after Bybit hack

North Korea became the world’s fifth-largest sovereign Bitcoin holder after Lazarus stole over $1.4 billion from Bybit.

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Binance's CZ Shares Hot Take on North Korean Hacker Bitcoin Data: $1.16 Billion BTC

Former Binance boss says North Korea now may have its own big cryptocurrency reserve

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Bank of Korea: Bitcoin doesn’t meet foreign reserve standards

South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to…

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Bank of Korea Rejects Bitcoin Reserve

Bank of Korea not interested in adding Bitcoin to its reserves

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South Korea Could Become Next Country to Adopt Bitcoin Reserve

South Korea might start exploring the possibility of adding Bitcoin to its reserves, following the example of the US

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South Korea may approve Bitcoin ETFs if Japan moves first! - Here's why

South Korea may follow Japan’s lead on Bitcoin ETFs.  Asia’s BTC ETF race is expected to heat up as Japan’s eyes legislation in the second half of 2025.  South Korea may jump on the The post South Korea may approve Bitcoin ETFs if Japan moves first! - Here's why appeared first on AMBCrypto.

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North Korea’s Lazarus Group behind hack as Bybit loses $1.5B

Key takeaways Bybit suffered the biggest theft of all time in the crypto space after losing $1. 5 billion to hackers on Friday.   The Bitcoin Pepe presale is now approaching $3 million as more investors pile in.

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Bitcoin (BTC) Kimchi Premium Hits Three-Year Highs amid Crypto Carnage

Bitcoin (BTC) was extremely expensive in South Korea when sell-off hit bottom, data says

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Ripple overtakes Ethereum as second-most preferred token in South Korea: report

A recent survey shows that while Bitcoin remains the most preferred crypto among South Korean investors, Ripple has surpassed Ethereum in popularity. Bitcoin (BTC) remains the favorite cryptocurrency among South Korean investors, while XRP (XRP) has surpassed Ethereum (ETH) in…

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Political Instability In South Korea Fuels Bitcoin ‘Kimchi Premium’ Surge

The Bitcoin (BTC) ‘kimchi premium’ has returned to South Korea’s cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency.

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Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates

The South Korean won hit the lowest level against the dollar since March 2009.

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Kimchi premium recovers as KRWUSD drops to 15-year low

The Kimchi premium has seen a definite rebound after Christmas, recovering to 3. 83% on Dec. 27. While this is still significantly lower than the 5. 26% recorded on Dec. 22, it still represents a significant difference in Bitcoin prices between South Korea and global markets.

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FBI reveals North Korea used LinkedIn to steal $305 million from Japan’s DMM Bitcoin

The FBI, Japan’s National Police Agency, and the Department of Defense Cyber Crime Center have confirmed that North Korean-linked hackers orchestrated the May 2024 $305 million breach of the Japanese crypto exchange DMM Bitcoin.

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FBI, Japan expose North Korea’s $305M DMM exchange hack details

The FBI has unveiled details of a $305M Bitcoin heist by North Korea-affiliated hackers using social engineering techniques.

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‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express

Asia’s MicroStrategy Meitu has sold all of its 940 Bitcoin and 31K ETH while Sth. Korea looks to legalize corporate crypto buys. Asia Express

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Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law

The martial law declaration in South Korea highlights the vulnerability of crypto markets to geopolitical events, causing significant price volatility. The post Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law appeared first on Crypto Briefing.

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Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea

South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.

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Bitcoin bull market primed for second breakout and long-term holding profit taking

Bitcoin’s current market movements indicate the bull cycle remains underway, according to an analyst at CQ Korea, Crypto Dan.  Posting to CryptoQuant, Dan highlights historical patterns from the 2013 and 2020 cycles, which show two rising phases where long-term investors realized profits twice before reaching a peak.

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South Korea to discuss approval of spot Bitcoin ETFs

South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports.

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Korean FSC Forms Virtual Asset Committee for Spot Bitcoin ETF Discussions

South Korea's Financial Services Commission is considering spot Bitcoin ETFs, forming a virtual asset committee to assess risks and benefits. The post Korean FSC Forms Virtual Asset Committee for Spot Bitcoin ETF Discussions appeared first on BeInCrypto.

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Bitcoin (BTC) Korea Premium Might be Mitigated Soon, Here's Why

CryptoQuant's founder explains why new regulatory development might be crucial one for Korean crypto market

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The Protocol: Inside North Korea's Campaign to Put Crypto Developers on Payroll

In this week's issue of CoinDesk's weekly blockchain tech newsletter, we've got names, details and anecdotes on crypto companies' unwitting hires of North Korean developers. PLUS month-end rankings for bitcoin, ether and other digital assets in the CoinDesk 20 index during a strangely bullish September.

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Bitcoin's South Korea Discount Hits Highest Since October 2023

The bitcoin price discount on Korean exchanges relative to offshore venues is the steepest since October 2023, according to CryptoQuant.

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Indodax hit by $20.5M exploit, North Korea link suspected

Indonesian crypto exchange Indodax has reportedly suffered a $20. 5 million exploit, according to blockchain security firm Cyvers. The losses were spread across multiple chains, including a $1. 4 million loss in Bitcoin and a $5 million theft on the TRON and Polygon networks.

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Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express

Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express

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South Korea’s Pension Service Buys $34 Million MicroStrategy Stake

South Korea's NPS invests $34M in MicroStrategy, aligning with a broader trend of traditional finance adopting Bitcoin through strategic holdings. The post South Korea’s Pension Service Buys $34 Million MicroStrategy Stake appeared first on BeInCrypto.

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South Korea’s largest pension fund injects $33.75 million in MicroStrategy shares

South Korea’s National Pension Service has added MicroStrategy, the world’s largest corporate Bitcoin holder, to its portfolio. The National Pension Service, the world’s third-largest pension fund with nearly $800 billion in assets under management, has acquired 24,500 MicroStrategy (MSTR) shares…

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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.

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XRP Outperforming Bitcoin, Solana and Ethereum Combined in Key Metric in Korea

XRP enjoying massive demand in South Korea

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South Korea FSC chairman: 'Difficult for crypto to replace legal tender'

South Korea urged caution on spot Bitcoin ETFs, prioritizing financial stability and regulatory review. Kim Byung-hwan emphasizes investor protection over market development in cryptocurrency pThe post South Korea FSC chairman: 'Difficult for crypto to replace legal tender' appeared first on AMBCrypto.

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South Korea FSC chair advises caution on corporate crypto transactions

South Korea's nominee for FSC chair, Kim Byoung-hwan, expressed caution about corporate crypto transactions, signaling opposition to spot Bitcoin ETFs.

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Ripple Smashes Bitcoin in Korea – Analyst Eyes $1 XRP Price Target

XRP’s price performance this week was solid until yesterday when it took a sudden 6% dive. The main culprit? A cancelled SEC meeting that was supposed to happen behind closed doors. Currently, XRP is trading around $0.

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XRP and SHIB Just Surpassed Bitcoin in Key Metric in South Korea

XRP and SHIB are more popular than Bitcoin with South Korean traders

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DMM Bitcoin hackers launder funds via the notorious Huione Guarantee marketplace

Stolen funds from the DMM Bitcoin hack are being laundered via the Cambodian-based Huione Guarantee, with suspected involvement from North Korea's Lazarus Group.

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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…

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Crypto rumors spark panic in Korea, Binance airdrops for BNB hodlers: Asia Express

South Korean investors panic sell on altcoin delisting rumors, Binance to reward faithful BNB hodlers, Australian Bitcoin ETFs. Asia Express

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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.

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South Korean convenience store sells Bitcoin-themed ‘meal boxes’

A convenience store in South Korea offers Bitcoin meal boxes in collaboration with the local exchange Bithumb, where customers can win small amounts of Bitcoin with their purchases.

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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.

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XRP Skyrockets 156% in Volume Amid $930 Million Crypto Bloodbath

XRP ranks second most traded asset on South Korea's largest cryptocurrency exchange, Upbit, after only Bitcoin

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Dogecoin Surpasses Ethereum, XRP, Solana As The Most Traded Coin After Bitcoin

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Dogecoin Becomes 2nd Largest Traded on Korea's Top Exchange After Bitcoin

Originally created as joke, Dogecoin has defied expectations

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How South Korea Plans to Build a Robust Crypto Taxation System

Amid Bitcoin's record highs and increasing crypto investments, South Korea targets 2025 to unveil a system ensuring fair taxation and combating illegal activities in the virtual asset sphere. The post How South Korea Plans to Build a Robust Crypto Taxation System appeared first on BeInCrypto.

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Bitcoin Surge Sees Crypto Trading Volumes Exceed the Stock Market in South Korea

The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday.

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Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea

Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.

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Bitcoin ETFs under review by South Korean regulators, FSS governor shares insights

South Korean financial regulators are currently in discussions about potentially allowing spot Bitcoin exchange-traded funds (ETFs) within the country.  Lee Bok-hyun, serving as the governor of the Financial Supervisory Service (FSS), revealed ongoing discussions within South Korea’s regulatory bodies. In…

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Bitcoin sees return of Kimchi Premium in South Korea and CME futures market

Bitcoin’s price premiums have resurfaced amidst the recent bullish fervor gripping the market. Kimchi premium Data reveals BTC trading at a $4,000 premium in South Korea compared to other markets.

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