Tag: Korean
South Korean Hana Bank enters crypto custody business with BitGo
One of the largest South Korean banks, Korea Exchange Bank (KEB Hana Bank), is moving to offer digital asset custody services through a new partnershi [...]
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party. [...]
FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin
North Korean hackers look set to try to sell more than $40 million of stolen bitcoin (BTC), the Federal Bureau of Investigation (FBI) said.
www.coind [...]
Tornado Cash Founders Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks
The core blockchain-based software, or "smart contracts," that power Tornado Cash also remain possible to use on Ethereum. However, using these smart [...]
North Korean hackers have stolen $2B of crypto since 2018: Report
North Korean hackers continue to threaten the broader cryptocurrency ecosystem, having stolen an estimated $2 billion of crypto over the past five yea [...]
CoinsPaid claims North Korean hacking group used fake job interview to steal $37M
Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake re [...]
Korean superconductor LK99 joins memecoin craze
Last month, a team of South Korean scientists claimed they engineered a superconducting material, dubbed LK-99, that works under ambient temperature a [...]
South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time
Upbit bucked the general market trend, witnessing a 42.3% increase in trading volume to $29.8 billion, pushing the exchange beto the second-largest pl [...]
South Korean Q2 GDP +0.6% q/q (expected +0.5%) – ForexLive
South Korean Q2 GDP +0.6% q/q (expected +0.5%) ForexLive
www.forexlive.com [...]
Korean banks research stablecoin, CBDC alternative
Several private banks in South Korea are studying the potential of tokenized deposit technology, an alternative to both private stablecoins and centra [...]
South Korean central bank charts out future course of payment systems, CBDC
The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfull [...]
South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX [...]
South Korean Buying Frenzy Returns With $2.5B XRP Traded on Single Local Exchange
This was more than 50% of the total trading volumes on UpBit in that period. Data shows market depth stood at nearly $5 million as of Asian morning ho [...]
Robot guest-conducts the Korean National Symphony Orchestra
A robot graced the stage of the National Theatre of Korea to conduct the country’s national symphony orchestra on June 30, marking South Korea’s first [...]
South Korean crypto lending firm Delio under investigation by regulators
According to a report by local news outlet Digital Asset, South Korean crypto lending firm Delio is currently under investigation by the country's Fin [...]