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Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend
Crypto trading on centralized exchanges declined by 12% to $2. 36 trillion. This is the lowest volume recorded since the beginning of the year, indicating a significant downturn in trading activity, according to CCData. дальше »
2023-8-4 00:30 | |
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Upbit Exchange Outperforms Coinbase and OKX in July
Korean exchange Upbit records $29.8 billion in spot trading volumes as it benefits from superior regulation compared to US exchanges. The post Upbit Exchange Outperforms Coinbase and OKX in July appeared first on BeInCrypto. дальше »
2023-8-4 20:30 | |
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South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges. дальше »
2023-8-3 19:24 | |
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Immutable X (IMX) price rises amid Upbit listing
Immutable X (IMX), a layer-2 scaling solution on Ethereum, has risen by more than 15% after being listed on the South Korean exchange Upbit. Immutable X (IMX) experienced a remarkable price surge, with its token price leaping above $0.83, the… дальше »
2023-7-28 17:55 | |
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Crypto Crime: South Korea Intelligence Unit Offers Support To Virtual Asset Operators
In its continuous attempt to regulate its evolving crypto scene and fight against crypto crimes, the South Korean government has offered support to virtual asset operators in the country. The nation’s Financial Intelligence Unit recently held a meeting with five local virtual asset services providers to help strengthen their “compliance capabilities.” This meeting is a […] дальше »
2023-7-27 16:00 | |
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South Korean Private Banks Explore Alternatives To Private Stablecoins And CBDCs
In South Korea, numerous private banks are actively researching tokenized deposit technology as a viable alternative to both private stablecoins and central bank digital currencies (CBDCs). Top banks in the region have shown considerable interest in certificates of deposit (CDs)- which refer to tokenized bank deposits that are placed on the blockchain. CDs serve as […] дальше »
2023-7-25 21:00 | |
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Tokenized Deposits as Alternative to Stablecoins Favored by South Korean Banks in Preparation for CBDCs
South Korean banks are favoring Certificate of Deposit (CD) tokens as potential alternatives to “volatile” stablecoins, as reported by the South Korean news organization Pulse on July 24. дальше »
2023-7-24 17:00 | |
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American IT Firm Targeted By Korean Hackers In Crypto Theft
A major American tech firm was recently hacked by a North Korean cybercriminal ring attempting to target its crypto-based customers. In its company blog, Jumpcloud, an IT management company based in Louisville, Colorado, reported that hackers from North Korea broke into its system in late June. дальше »
2023-7-22 22:00 | |
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North Korean hackers exploited shared cloud service to rob crypto firms
North Korean state hackers exploited a cloud services provider called JumpCloud to steal funds from crypto companies that use its services, Reuters reported on July 20. Reuter’s confidential sources indicate that the North Korean state-backed hackers had a specific focus on cryptocurrency companies. дальше »
2023-7-21 23:20 | |
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Shiba Inu Gets Listed On Major Korean Exchange, Will It Impact SHIB Price?
Shiba Inu (SHIB) has scored a new listing: In the crypto space, fortunes can change overnight with a single exchange listing announcement. Riding the waves of its latest achievement, Shiba Inu (SHIB) has now secured a spot on Coinone, one of South Korea’s largest and most esteemed crypto exchanges. дальше »
2023-7-20 15:25 | |
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South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. дальше »
2023-7-20 00:40 | |
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Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera
Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD). дальше »
2023-7-19 23:45 | |
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1inch price outlook as bulls give up XRP-fueled gains
1inch price is down 16% at the time of writing after paring all 24-hour gains from above $0. 59. The 1INCH token saw massive 24-hour trading volume on Korean exchange Upbit. On the technical side, 1INCH is poised above a key support area around $0. дальше »
2023-7-18 18:47 | |
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XRP Trading Volumes Hit $2.5B on South Korean Exchange UpBit
The trading volume of XRP against the Korean won was the highest among all other counterparts . дальше »
2023-7-14 12:16 | |
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South Korean companies to disclose crypto holdings from 2024
Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is to improve accounting transparency amongst companies operating in the country. дальше »
2023-7-12 15:17 | |
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South Korea to ask firms to disclose crypto holdings from 2024
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings. дальше »
2023-7-12 15:05 | |
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Korean court conducts preliminary hearing for Terra co-founder
The Seoul Southern District Court has conducted a preliminary hearing for Terraform Labs’ co-founder Daniel Shin and several other former project employees. Shin, the co-founder of Terraform Labs and former CEO of Chai Corporation, is set to undergo his initial… дальше »
2023-7-11 10:51 | |
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South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees
South Korea's Financial Services Commission (FSC) has ordered its employees to report their cryptocurrency holdings. The move is part of the country's efforts to regulate the crypto market. The post South Korean Regulator Sets Crypto Reporting Guidelines for Its Employees appeared first on BeInCrypto. дальше »
2023-7-6 10:01 | |
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South Korea to launch second phase of virtual asset legislation
In a move aimed at further strengthening regulations and protecting users in the crypto market, South Korean financial authorities are reportedly gearing up to initiate a research project for the second phase of the country’s virtual asset legislation. дальше »
2023-7-5 17:56 | |
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South Korea passes new crypto legislation focusing on investor protections
The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local media SBS reported. The legislation combines 19 different crypto-related bills that aim to establish a regulatory framework for the industry and define digital assets that are securities. дальше »
2023-6-30 21:50 | |
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Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times дальше »
2023-6-30 10:15 | |
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Suspicious Crypto Transfers By South Korean Lawmaker Lead To Investigation
Crypto related transactions have put a South Korean lawmaker under scrutiny, leading to potential disciplinary actions as an advisory panel of the country’s parliamentary ethics committee set a meeting for Monday. дальше »
2023-6-26 16:40 | |
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Haru Invest execs grounded in South Korea amid fraud suspicions
South Korean prosecutors have barred Haru Investment executives from traveling out of the country following criminal complaints of “serial suspending withdrawals” fraud, according to a Digital Asset June 25 report. дальше »
2023-6-26 13:00 | |
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South Korea Imposes Travel Ban on Crypto Firm Haru Invest Execs Amid Fraud Investigation
South Korean prosecutors have imposed a travel ban on executives from crypto firms Haru Invest, Delio, and B&S Holdings amid an investigation into potential fraud related to the suspension of withdrawals. дальше »
2023-6-26 10:05 | |
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South Korean crypto lending platform Delio suspends withdrawals
Delio, a Korea-owned cryptocurrency lending and savings company, has temporarily suspended fund withdrawals, citing increased market volatility. Delio, a South Korea-based digital assets lending platform offering users high returns on their crypto holdings, has suspended fund withdrawals, citing increased market… дальше »
2023-6-15 13:45 | |
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South Korean Crypto Lender Pauses Withdrawals Citing Heightened Market Volatility
South Korean crypto lender Delio has paused withdrawals due to heightened market volatility following Haru Invest's suspension of deposits and withdrawals. The move has been criticised by the crypto community, which has seen companies such as Celsius, Voyager and BlockFi pause withdrawals and later file for bankruptcy. дальше »
2023-6-14 19:15 | |
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Another South Korean crypto platform temporarily suspends withdrawals
South Korean crypto lending platform Delio announced on June 14 that it would temporarily halt withdrawals by 18:30 (KST) today to protect customers’ assets. Decision blamed on Haru situation The company attributed its decision to the heightened market volatility following Haru Invest’s suspension of deposits and withdrawal services. дальше »
2023-6-14 17:14 | |
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Haru halts withdrawals and deposits
Haru Invest, a South Korean interest-bearing crypto platform, said on June 13 that it has halted deposits and user withdrawals. User access to funds suspended Haru said that it was necessary to halt transactions in order to protect investors following a business error. дальше »
2023-6-14 00:34 | |
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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 update. дальше »
2023-6-13 10:08 | |
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North Korean hackers used shadow IT workers to carry out crypto heists
North Korea has built a shadow workforce consisting of thousands of IT workers, according to U. S. officials. This shadow workforce is linked with North Korea’s cybercrime operations and is used to carry out massive crypto hacks, The Wall Street Journal reported on June 11. дальше »
2023-6-12 19:30 | |
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OpenAI CEO highlights South Korean chips sector for AI growth, investment
Sam Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue. дальше »
2023-6-12 13:29 | |
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South Korea traces more funds allegedly moved by Do Kwon
South Korean authorities are investigating the whereabouts of about $29 million worth of cryptocurrencies allegedly moved from a crypto wallet controlled by Do Kwon’s Luna Foundation Guard (LFG). Kwon is currently under house arrest and is awaiting trial in Montenegro.… дальше »
2023-6-9 13:13 | |
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Do Kwon Faces Potential Prison Time In US And South Korea, Prosecutor Warns
Terraform Labs co-founder Do Kwon has fallen into the tight fist of the law as a senior prosecutor says Kwon may face double jail terms, first in his native South Korea and then in the US. The senior South Korean prosecutor, Dan Sunghan, stated that Do Kwon would face multiple sentences regarding his involvement in […] дальше »
2023-6-8 15:30 | |
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