Tag: Korean
Bitcoin Cash (BCH) Tops $300 Amid Surge in South Korean Trading Volumes
"Nazarali explained that they felt confident that litecoin and bitcoin cash, as derivatives of bitcoin, were not securities. While there is some inter [...]
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
Earlier this month, Haru Invest halted withdrawals and deposits.
www.coindesk.com [...]
South Korean Bitcoin lending platform Delio pauses withdrawals
Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to [...]
North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurr [...]
North Korean Hacking Group Lazarus Moves Atomic Wallet Fund via Sanctioned Exchange: Elliptic
Nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service, on June 3. These tokens include b [...]
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog upd [...]
OpenAI CEO highlights South Korean chips sector for AI growth, willing to invest
Sam Altman, ChatGPT-maker and CEO of OpenAI, who met with South Korean President Yoon Suk Yeol on June 9, urged South Korea to play a leading role in [...]
Atomic Wallet Was Breached by North Korean Hackers: Elliptic
Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.
www.coindesk.com [...]
Korean lawmakers rally towards crypto rules in May after grisly murder case: Report
Lawmakers from South Korea are pushing to enshrine stricter regulation of digital assets in the wake of a gruesome murder case involving digital asset [...]
South Korean prime minister calls for disclosure of crypto holdings by high-ranking officials
South Korean Prime Minister Han Deok-soo is calling for the disclosure and registration of cryptocurrency assets by high-ranking public officials, a l [...]
Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make up thr [...]
South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker K [...]
South Korean lawmaker leaves political party amid crypto investment controversy
Kim Nam-kuk, a South Korean lawmaker, has announced his departure from the Democratic Party over his alleged crypto dealings while legislating on digi [...]
South Korean lawmaker allegedly cashed out while legislating on crypto: Report
Kim Nam-kuk, a member of South Korea’s National Assembly, reportedly liquidated more than $4 million worth of crypto prior to lawmakers in the country [...]
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient
ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesd [...]