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Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.
дальше »2022-7-22 20:15 | |
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Cryptocurrencies Will No Longer Be Taxed In South Korea For The Next Two Years
The South Korean authorities have further postponed the implementation of its cryptocurrency taxation system for another two years. The government cited the devastating conditions that have plagued the markets of late as one reason, further highlighting the preparatory period required to fully enact suitable investor protection measures in the crypto space as a second reason. […] дальше »
2022-7-22 17:32 | |
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7 Leading Exchanges Raided By Korean Prosecutors In Connection To Terra Fraud Inquest
On Wednesday, a team of South Korean investigators raided the offices of seven domestic crypto exchanges as part of an ongoing probe into the fall of Terraform Labs’ dual tokens LUNA and TerraUSD (UST) according to a report in a local media outlet. дальше »
2022-7-21 23:32 | |
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Justice Department Seizes $500,000 From North Korean Hackers
The U.S Justice Department has seized and returned almost half a million dollars to two hospitals in Kansas and Colorado that were stolen by North Korean Hackers. The medical centers... дальше »
2022-7-21 22:50 | |
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South Korean authorities raid 15 entities linked to Terra collapse: Report
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday. дальше »
2022-7-20 19:00 | |
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South Korean investigators raid 7 local exchanges in Terra probe
As part of the investigation into the collapse of Terra in May, South Korean prosecutors raided seven local crypto exchanges on July 20, according to a report by Yonhap News Agency. The post South Korean investigators raid 7 local exchanges in Terra probe appeared first on CryptoSlate. дальше »
2022-7-20 18:10 | |
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Henry Chang: The Most Dedicated CEO in South Korea, Leads Wemade to New Heights
Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2. 67 million (KRW 3,5 billion) and did not sell a single share. дальше »
2022-7-20 14:14 | |
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Власти США изъяли $500 000 у связанных с КНДР операторов вируса-вымогателя
В Минюсте США сообщили о конфискации около $500 000, выплаченных связанным с КНДР операторам вымогательского ПО. Justice Department Seizes and Forfeits Approximately $500,000 from North Korean Ransomware Actors and their ConspiratorsTwo Ransom Payments Made by U. дальше »
2022-7-20 11:06 | |
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Operator of UPbit Crypto Exchange Earmarks $400M to Invest in Web3 Startups
The operator of the South Korean crypto exchange UPbit, announced on July 12 that will inject $385 million into 500 Web3 startups in the next five years. The post Operator of UPbit Crypto Exchange Earmarks $400M to Invest in Web3 Startups appeared first on BeInCrypto. дальше »
2022-7-13 12:15 | |
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Upbit operator eyes ambitious Web 3 growth with 10,000 jobs
South Korean fintech giant Dunamu, the firm behind cryptocurrency exchange Upbit, has announced an… The post Upbit operator eyes ambitious Web 3 growth with 10,000 jobs appeared first on CoinJournal. дальше »
2022-7-13 20:10 | |
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Are North Korean IT Remote Workers Targeting Crypto Firms? Here’s What We Know
According to the US Government, North Korean IT workers are flooding the freelance market. It’s illegal for US businesses to employ them, but, what if they have no idea they’re doing it? In this new remote work world we’re living in, it’s completely possible. дальше »
2022-7-12 09:59 | |
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NEOPIN Partners With Cube Entertainment to Establish Global Blockchain Ecosystem
NEOPIN, a one-stop crypto finance platform that is hell-bent on enhancing its competitiveness and optimizing user experience, has entered a strategic partnership with South Korean entertainment company, Cube. дальше »
2022-7-8 21:55 | |
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U.S. and South Korean Officials Meet to Discuss Terra Collapse
Officials from South Korea and the U.S. met this week to discuss topics including the investigation of May’s Terra collapse. Officials Discuss Terra Investigation Prosecutors in either hemisphere may be... дальше »
2022-7-7 00:11 | |
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How This Company Lost 99% Of Its Clients Funds Shorting LUNA
Per a report from Sedaily, the trading arm of Korean startup Uprise has lost of all its clients’ funds. The platform was used by wealthy individuals and institutions to trade crypto futures contracts via an artificial intelligence (AI) tool. дальше »
2022-7-7 20:57 | |
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US, South Korea to cooperate over Terra investigation
United States and South Korean authorities have agreed to collaborate on the investigation of Terra’s implosion, South Korea’s Yonhap News Agency reported July 6. The post US, South Korea to cooperate over Terra investigation appeared first on CryptoSlate. дальше »
2022-7-7 19:00 | |
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Samsung To Make Chips That Can Power Bitcoin Mining – Will This Energize Crypto?
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday. дальше »
2022-7-1 10:53 | |
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Asian crypto technology solutions firms ChainUp and HS88 team up to grow market
ChainUp, an end-to-end blockchain technology solutions provider, today announced the signing of a Memorandum of Understanding (MoU) with Korean blockchain company HS88. Both parties will join forces in blockchain technology development and provide mutual network support for market expansion. дальше »
2022-7-1 20:17 | |
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North Korean Hacking Group Behind $100M Horizon Bridge Hack: Report
The Lazarus Group – a North Korean hacking group believed to be supported by the Kim regime – is likely behind last week’s hack of Harmony Bridge, according to new analysis by blockchain research firm Elliptic. дальше »
2022-6-30 02:22 | |
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North Korea Retains Lead In Crypto Crimes, Over $1.5 B Stolen
Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-oriented businesses by North Korean hackers have set it at the top of the list of five leading countries in crypto crimes 2022, per the report of Coincub published […] дальше »
2022-6-30 23:00 | |
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Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)
The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility. дальше »
2022-6-23 08:10 | |
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South Korean prosecutors have banned Terra employees from leaving the country
South Korea’s prosecutor’s office has restricted key employees of Terraform Labs from leaving the country, according to a report by local media outlet JTBC on June 20. The post South Korean prosecutors have banned Terra employees from leaving the country appeared first on CryptoSlate. дальше »
2022-6-21 22:01 | |
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Terraform Labs Staff Banned From Leaving South Korea: Report
South Korean prosecutors investigating Terraform Labs and its co-founders Daniel Shin and Do Kwon over Terra’s collapse have reportedly imposed a departure ban on current and former employees. Prosecutors Impose... дальше »
2022-6-20 18:33 | |
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Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer
The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery. дальше »
2022-6-17 19:05 | |
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Terra’s Do Kwon Is Being Investigated for Tax Fraud
Prosecutors have started to investigate Terraform Labs CEO Do Kwon for tax evasion, according to reports from local media. South Korean Prosecutors Seize Tax Data SBS News reported today that... дальше »
2022-6-16 00:25 | |
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Five Major South Korean Exchanges Are Banding Together To Prevent Another LUNA-Like Implosion
A joint consultative body is about to be formed by South Korean leading crypto exchanges that could have a profound effect on the entire cryptocurrency landscape in the country. дальше »
2022-6-16 17:01 | |
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South Korean Exchange Issues Warning on Tron and Waves’ Stablecoins
South Korea's largest domestic crypto exchange has sounded the alarm over the de-pegging of Tron's USDD and Waves' Neutrino USDN stablecoins. The post South Korean Exchange Issues Warning on Tron and Waves’ Stablecoins appeared first on BeInCrypto. дальше »
2022-6-15 15:00 | |
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South Korea’s top exchanges seek to prevent another Terra-like crash
The top five crypto exchanges in South Korea have decided to form a consultative body that will prevent a situation similar to the Terra crash from happening again, according to South Korean news outlet YNA. дальше »
2022-6-14 21:30 | |
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Genuine mistake or fraud? That's the question Terra's Do Kwon needs to answer
Do Kwon pleads his innocence on his twitter feed after latest reports condemn him for cashing out $2.7 billion. The Terraform Labs CEO is already facing an investigation from the SEC and South Korean The post Genuine mistake or fraud? That's the question Terra's Do Kwon needs to answer appeared first on AMBCrypto. дальше »
2022-6-12 19:30 | |
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How Litecoin [LTC] is reacting to news of delisting from Korean exchanges
Litecoin (LTC) is on the spotlight once again days after launching its Mimblewimble upgrade and for a related reason. Multiple South Korean crypto exchanges have reportedly announced plans to delistThe post How Litecoin [LTC] is reacting to news of delisting from Korean exchanges appeared first on AMBCrypto. дальше »
2022-6-10 00:30 | |
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Top 5 Korean exchanges delist Litecoin, label it ‘dark coin’ following MWEB upgrade
The top five Korean exchanges all announced a simultaneous delisting of Litecoin (LTC) on June 8, according to local news outlet News 1. The post Top 5 Korean exchanges delist Litecoin, label it ‘dark coin’ following MWEB upgrade appeared first on CryptoSlate. дальше »
2022-6-10 00:15 | |
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Top South Korean Crypto Exchanges Set Litecoin (LTC) Delisting Date Following MimbleWimble Upgrade
After a series of investment warnings following the Litecoin MimbleWimble Extension Blocks (MWEB) upgrade, top exchanges in South Korea have set a date for its delisting. The post Top South Korean Crypto Exchanges Set Litecoin (LTC) Delisting Date Following MimbleWimble Upgrade appeared first on BeInCrypto. дальше »
2022-6-9 03:00 | |
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First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls
Major Korean exchanges are delisting the token after it introduced privacy upgrades involving the MimbleWimble protocol that’s designed to make transactions confidential and virtually untraceable. дальше »
2022-6-9 02:22 | |
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Will Litecoin’s MimbleWimble Upgrade Become Its Doom?
Five major South Korean exchanges announced their intentions to delist Litecoin (LTC). The cryptocurrency recently implemented an update to improve its privacy and scalability features. Related Reading | Litecoin Reveals Rollout Date For MimbleWimble, Will LTC See Relief? As a result, Upbit, Bithumb, Korbit, Gopax, and Coinone will stop offering to their customers. дальше »
2022-6-9 01:00 | |
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Solana Announces $100M Fund to South Korean Web3 Startups
The Solana Foundation and Solana Ventures have committed $100 million to non-fungible token (NFT), gaming, and decentralized finance (DeFi) projects on the network in order to assist with the continued growth of Terra (LUNA) projects following its collapse. дальше »
2022-6-9 23:00 | |
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Solana bids $100M On DeFi, GameFi in South Korea
Solana is in the news today after it unveiled a new $100 million fund for South Korean web3 entrepreneurs. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organizatThe post Solana bids $100M On DeFi, GameFi in South Korea appeared first on AMBCrypto. дальше »
2022-6-8 15:30 | |
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South Korea eyes listing rules for crypto exchanges after LUNA scandal
South Korean lawmakers are calling on the country’s crypto exchanges to formulate guidelines for listing and delisting cryptocurrencies, Bloomberg News reported. The post South Korea eyes listing rules for crypto exchanges after LUNA scandal appeared first on CryptoSlate. дальше »
2022-6-9 14:30 | |
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