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Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings

Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings

Korea's Financial Services Commission employees are to report their digital currency holdings by May 7, as there have been concerns about insider information.

South Korea Probes OKX for Unregistered Operations

South Korea Probes OKX for Unregistered Operations

South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association.

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

ApeCoin Experiences Sharp Price Surge on South Korean Exchange

Yuga Labs' ERC-20 token ApeCoin (APE) experienced a brief surge in price on the South Korean cryptocurrency exchange Upbit, with prices reaching $90.00 per token before a sell-off reduced most of the gains. The spike was attributed to retail frenzy and trading restrictions on the exchange.

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

Prosecutors Raid Crypto Exchanges amid Terra Probe: Report

South Korean regulators have reportedly raided entities that are connected with Terraform Labs as another effort in the ongoing investigation of the case.

Solana Launches $100m Web3.0 Fund for South Korean Startups

Solana Launches $100m Web3.0 Fund for South Korean Startups

Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.

South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations

South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations

South Korean gaming firm Wemade faces a $41 million tax bill for its crypto operations, highlighting the complexities of regulatory compliance in the blockchain gaming industry.

LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

LG's Affiliate and Kakao’s Subsidiary Agree to a Strategic Partnership to Foster Blockchain Technology

For diversity in the application of blockchain, LG’s IT solutions affiliate, LG CNS, and Kakao’s blockchain subsidiary, Ground X are in partnership

North Korea Stole Over $1 Billion in Crypto in 2022

North Korea Stole Over $1 Billion in Crypto in 2022

According to a UN study, North Korea stole more bitcoin in 2022 than ever before and targeted multinational aerospace and military industries.

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

The Bank of Korea, South Korea's central bank, is setting the stage for its first public trial of a Central Bank Digital Currency (CBDC) in 2024.

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

South Korean prosecutors believe Do Kwon is currently residing in Europe

South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data

South Korean Hospitals to Usher in New Healthcare Era Using Blockchain Technology, AI and Big Data

South Korean hospitals intend to set the ball rolling in ushering in a new healthcare era using industry 4.0 technology like blockchain, artificial intelligence (AI), and big data.

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