Tag: Korea
South Korea focuses on OTC crypto regulations as unlawful deals reach $4B
South Korean regulators have turned their focus to over-the-counter (OTC) crypto trades amid growing concerns about its use for criminal activities. T [...]
South Korea Tries to Shake Off the Terra Debacle, With Gaming Dominating Web3 Activity
“From the discussions I had with the major ecosystem players, it did have a huge impact that forever changed the Korean [decentralized finance, or DeF [...]
North Korea Linked to $54M CoinEx Hack, Blockchain Data Suggests
The hackers siphoned ether (ETH), XRP, tron's TRX, MATIC, solana's SOL, kadena's KDA and dagger's XDAG tokens after exploiting a lax security measure [...]
Musings From Korea Blockchain Week
Across several talks, founders at Hashed, one of Korea’s premier blockchain funds, said decentralized exchanges, or DEXs, needed to get much more soph [...]
S. Korea issues FX stabilization bonds worth 70 bln yen
SEOUL, Sept. 7 (Yonhap) -- South Korea's finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 [...]
North Korea Finds New Leverage in the Ukraine War
SEOUL — For Kim Jong-un, the leader of North Korea, a rare trip to Russia this month to discuss military aid for President Vladimir V. Putin’s Ukraine [...]
Cronos Labs Starts Search for Participants in $100M Accelerator Program at Korea Blockchain Week
The recruitment phase of the 12-week program commenced Sept. 4 to coincide with the start of Korea Blockchain Week, which runs until Sept. 10, and has [...]
South Korea plans to submit bill to freeze North’s crypto assets: Report
The government of South Korea is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets that are used [...]
U.S. Seals Security Pact With Japan and South Korea as Threats Loom
The new three-way security pact sealed by President Biden and the leaders of Japan and South Korea at Camp David on Friday was forged with threats by [...]
At Camp David Summit, Japan, South Korea and U.S. Present a United Front
President Biden plans to cement a newly fortified three-way alliance with Japan and South Korea during a landmark summit at Camp David on Friday, brid [...]
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
The United States Securities and Exchange Commission has been granted a motion to seek assistance from South Korea to question Terraform Labs co-found [...]
Biden’s Camp David Summit Pulls Japan and South Korea Closer Amid China Challenges
With threats growing in Asia, the leaders of the United States, Japan and South Korea will meet at Camp David on Friday, taking a major step toward a [...]
North Korea Confirms Detention of Travis King, U.S. Soldier
North Korea said on Wednesday that Pvt. Travis T. King, the American soldier who fled across the inter-Korean border into its territory on July 18, wa [...]
Anthropic AI raises $100m from South Korea to bolster telecommunications industry
Artificial intelligence (AI) developer Anthropic announced on Aug. 13 that it is receiving an additional $100 million in investment from the South Kor [...]
South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money
The CEO of the crypto exchange Bitsonic, who was under investigation for stealing investments and deposits, was arrested by South Korean police. The V [...]