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Political Turmoil In South Korea Impacts Bitcoin Prices As Market Eyes Trump’s Policies
Despite a notable pause in its upward trend, Bitcoin (BTC) is approaching the landmark $100,000 mark, fueled by expectations of supportive policies for the sector from US President-elect Donald Trump. дальше »
2024-12-4 09:00 | |
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South Korean Political Crisis Rocks Crypto Markets
South Korea's crypto market faces sharp volatility as martial law disrupts trading, with Bitcoin and altcoin prices plunging on local exchanges. The post South Korean Political Crisis Rocks Crypto Markets appeared first on BeInCrypto. дальше »
2024-12-4 23:50 | |
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Here’s why crypto prices had a brief flash crash in South Korea
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost… дальше »
2024-12-4 19:15 | |
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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. дальше »
2024-12-4 18:19 | |
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South Korean politicians agree to implement 2-year moratorium on crypto taxation
South Korea’s Democratic Party agreed to delay the implementation of crypto taxation laws, signaling a temporary truce in the heated debate over digital asset regulation in the country, the Korean Herald reported on Dec. дальше »
2024-12-3 02:00 | |
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South Korea to postpone Crypto Tax bill to 2027
South Korean regulators agree to postpone the 20% crypto tax for two years, after rejecting the Democratic Party’s proposal to raise the annual tax threshold from 2. 5 million won to 50 million won. дальше »
2024-12-2 10:56 | |
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Study found North Korea posing as IT workers to steal billion dollars
North Korea, which is known for stealing billions of dollars in crypto, has expanded their capabilities by posing as recruiters and IT workers in recent years. North Korean hackers are now imposed as promising employee candidates for multinational companies, with… дальше »
2024-11-29 03:51 | |
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CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’
CryptoQuant CEO Ki Young Ju has raised concerns about South Korea’s readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov. 26 post on X (formerly Twitter), Ju compared the regulatory climate in South Korea to the contentious stance of the US Securities and Exchange Commission (SEC) Chair Gary Gensler, suggesting that such an […] The post CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’ appeared first on CryptoSlate. дальше »
2024-11-28 17:15 | |
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$1.75 Billion Gone? South Korean Crypto Platform Delio Files For Bankruptcy
A cryptocurrency platform based in South Korea has gone into bankruptcy as declared by a local court after its customers can no longer withdraw their virtual funds worth $1.75 billion. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The unfortunate circumstances faced by Delio serve as a reminder […] дальше »
2024-11-24 02:30 | |
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North Korea Linked To 2019 Ethereum Theft Worth $55.7M, Say South Korean Authorities
South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking a significant breakthrough in the investigation. The stolen cryptocurrency, valued at 58 billion won (approximately $55. дальше »
2024-11-22 06:30 | |
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South Korea to Push 20% Crypto Tax in 2025 with $35K Exemption
The Democratic Party of Korea has confirmed its intention to introduce a 20% cryptocurrency taxation starting in Jan. 2025. дальше »
2024-11-20 17:10 | |
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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. дальше »
2024-11-20 11:46 | |
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Raydium (RAY) reaches one-year high following Bithumb listing
Raydium (RAY), the native token of the decentralized exchange (DEX) Raydium built on the Solana blockchain, has achieved a significant milestone, hitting a one-year high following its listing on South Korea’s leading cryptocurrency exchange, Bithumb. дальше »
2024-11-19 14:44 | |
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Bithumb exchange lists Raydium and Ponke on its platform, tokens indicate bullish momentum
Bithumb, a top cryptocurrency exchange based in South Korea, has announced the addition of two new token listings, Raydium (RAY) and Ponke (PONKE), for its platform. Both tokens, which run on the Solana (SOL) chain, became available for trading in… дальше »
2024-11-19 12:30 | |
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FIU investing Upbit for what could be the largest KYC scandals in crypto history
South Korea’s FIU investigating Upbit for failing to verify 500,000–600,000 accounts properly. Upbit could face billions in fines for KYC violations under South Korea’s laws. The exchange’s license renewal is delayed as the FIU scrutinizes possible illegal activity. дальше »
2024-11-16 21:13 | |
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Upbit license renewal on hold after authorities uncover 500k suspected KYC violations
South Korea’s Financial Intelligence Unit reportedly found 500,000 to 600,000 potential KYC violations on Upbit, the largest crypto exchange in the nation. KYC violations of this scale could lead to fines and possible license renewal issues. According to a report… дальше »
2024-11-16 14:42 | |
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Dogecoin mania enters South Korea despite falling below $0.40
The fall of the Dogecoin price below $0.40 triggered a surge in its trading volume and leading South Korean exchanges are profiting from it. Dogecoin (DOGE) declined by 5% in the past 24 hours and is trading at $0.385 on… дальше »
2024-11-13 14:41 | |
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Korbit partners with Coinbase to host Base Chain in South Korea
South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit. According to a Business Korea report published on Nov. 8, Korbit has… дальше »
2024-11-8 14:04 | |
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Solana-based Drift hits all-time high after skyrocketing 90%: here’s why
Drift (DRIFT) price spiked more than 90% within hours as the market cheered the latest token listing news from Upbit, Korea’s largest cryptocurrency exchange. During early Asian trading hours on Friday, Upbit announced support for spot trading for DRIFT, outlining three spot pairs. дальше »
2024-11-9 12:19 | |
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South Korea’s Upbit will launch Solana-based DRIFT trading pairs
South Korea’s largest crypto exchange, Upbit, announced that it will launch DRIFT trading pairs for Korean Won, BTC, and USDT on Nov. 8. Drift Protocol’s governance token, DRIFT(DRIFT), will be available to trade on the Upbit crypto exchange starting on… дальше »
2024-11-8 10:53 | |
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Korean Digital Asset Exchange Association suspends trading for ORB and TEMCO
The Korea Digital Asset Exchange Association has assigned trade warnings and terminated support for ORB and TEMCO tokens, stating both projects have violated the Virtual Asset User Protection Act that may impact on their asset values. South Korean crypto exchange… дальше »
2024-11-6 15:36 | |
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Seven South Korean banks to participate in CBDC-driven pilot
Seven financial lenders in South Korea have been authorized to participate in a pilot program testing CBDC-based digital financial services. South Korea‘s Financial Services Commission has authorized seven domestic banks to participate in a pilot program testing digital financial services… дальше »
2024-11-6 12:32 | |
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South Korea’s largest wireless carrier SK Telecom adds support for USDT stablecoin on Aptos
Aptos Foundation has teamed up with SK Telecom to bring Tether’s USDT stablecoin to T wallet. Aptos Foundation is set to integrate Tether’s (USDT) stablecoin into SK Telecom’s web3 product called “T wallet” in a bid to expand access to… дальше »
2024-11-1 10:15 | |
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South Korea’s Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use
In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […] дальше »
2024-11-1 02:17 | |
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Korean crypto investors reach 7.8m amid 27% market cap increase: report
South Korea’s crypto market skyrocketed in the first half of 2024, with 7.8 million investors and daily trading volumes rising by 67% to $4.4 billion. Korea’s crypto market has seen a significant expansion in the first half of 2024, driven… дальше »
2024-10-31 09:54 | |
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BIS and big banks introduce Project Mandala for improved cross-border transactions
The Bank for International Settlements and central banks from Australia, South Korea, Malaysia, and Singapore have introduced Project Mandala, a system that embeds regulatory compliance directly into cross-border financial transactions. дальше »
2024-10-28 17:52 | |
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Top 5 Memes Coins to Invest in This November Before the Bull Run Begins
As the crypto market hints at an upswing, November brings prime opportunities to explore high-potential memecoins. Established names like Dogecoin and Shiba Inu maintain a stronghold on major exchanges like Upbit in South Korea, where strict listing policies favor coins with longer trading histories. дальше »
2024-10-26 16:10 | |
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South Korea to regulate cross-border crypto trades by 2025
South Korean authorities are preparing to regulate cross-border digital asset transactions beginning in late 2025, according to an Oct. 25 report by Reuters. The Ministry of Finance announced that the new regulations will require registration and reporting for businesses in Korea involved in cross-border crypto trades. дальше »
2024-10-25 18:10 | |
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South Korea to monitor cross-border trades with crypto
South Korean authorities will impose regulations on cross-border crypto transactions, requiring businesses to register and report from mid-2025. South Korea plans to implement regulations governing cross-border transactions of virtual assets, including cryptocurrencies, with new registration and reporting requirements set to… дальше »
2024-10-25 10:48 | |
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Lazarus Group Unleashes Blockchain Game To Exploit Chrome And Steal Crypto
A cybersecurity firm yesterday reported that a group of notorious hackers from North Korea was able to steal $3 billion worth of cryptocurrency from users by devising a fake blockchain game. Kaspersky Lab said that the Lazarus Group took advantage of a key vulnerability in the Google Chrome browser that allowed them to drain the […] дальше »
2024-10-25 08:30 | |
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South Korea’s crypto exchange closures lock $13M in investor assets
More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due to the closure of several crypto exchanges in the country, local media outlet The Korea Times reported on Oct. дальше »
2024-10-24 17:20 | |
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Millions left in limbo as Korean crypto exchanges shut down amid regulations: report
More than a dozen crypto exchanges in South Korea have closed or suspended operations in 2024, leaving nearly $13 million in assets unclaimed by almost 34,000 subscribers. As South Korea enforces the Virtual Asset User Protection Act, more than a… дальше »
2024-10-24 14:27 | |
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South Korea’s Crypto Market Faces Volatility With 34.9% Delisting Rate
Crypto delistings in South Korea expose investors to high risks, as exchanges control listings and many coins last less than two years. The post South Korea’s Crypto Market Faces Volatility With 34.9% Delisting Rate appeared first on BeInCrypto. дальше »
2024-10-24 13:23 | |
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Глава инвестиционного гиганта Korea Investment Corporation назвал условие для прямых инвестиций в биткоин
Президент инвестиционной компании Korea Investment Corporation (KIC) Парк Иль Ён заявил, что рассмотрит возможность прямых инвестиций в цифровые активы, как только для криптоиндустрии появятся четкие правила регулирования. дальше »
2024-10-23 11:16 | |
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North Korea links suspected in $5 million breach of Tapioca DAO
Tapioca DAO, a decentralized money market protocol on LayerZero, suffered a security breach on Oct. 18, causing its native TAP token to lose more than 90% of its value. Blockchain security firm Cyvers revealed that the protocol’s deployer address was compromised, resulting in unauthorized changes to the vesting contract’s ownership. дальше »
2024-10-19 20:34 | |
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Here’s Why Injective (INJ) Price Could Rally to $52
Crypto analyst Crypto Winkle has shared a bullish outlook for Injective (INJ), with his chart showing a potential price rally to $52. The analysis comes as INJ breaks out of a descending channel and Upbit, South Korea’s largest crypto exchange, integrates the token. дальше »
2024-10-17 20:30 | |
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North Korean hackers steal $3B in crypto since 2017: report
A recent report by Microsoft has revealed alarming details about North Korea’s cyberattacks, specifically targeting cryptocurrency organizations. Since 2017, North Korean hackers have stolen more than $3 billion in crypto assets, with significant thefts recorded in 2023. дальше »
2024-10-17 20:21 | |
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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. дальше »
2024-10-11 11:22 | |
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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. дальше »
2024-10-11 01:14 | |
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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. дальше »
2024-10-10 20:55 | |
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