Cryptocoins News / Blockchain - 9 months ago
Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues, following its acquisition in early 2023. (Read More)
Cryptocoins News / Finance Magnates - 9 months ago
A
recent report has unveiled a concerning surge in cyber-attacks orchestrated by
North Korea-linked hackers, indicating a growing trend in the targeting of
cryptocurrency assets. The analysis firm's findings revealed that in 2023,
these hackers condu...
Bitcoin News / Bitcoinist - 9 months ago
2023 marked a record high in the number of crypto platform hacks linked to North Korea, but the total value of looted funds decreased significantly. According to Chainalysis, a firm specializing in blockchain analysis, there has been a notable increa...
Bitcoin News / Google News Bitcoin - 10 months ago
South Korean president's office urges financial regulator to reconsider spot bitcoin ETF possibility& & The Block - Crypto News
Bitcoin News / Bitcoinist - 10 months ago
Data shows Upbit, the largest Korean cryptocurrency exchange, has the altcoins contributing to 87% of the total trading volume.
87% Of The Trading Volume On Upbit Is Occupied By Altcoins
In a new post on X, CryptoQuant founder and CEO Ki Young Ju has...
Bitcoin News / Bitcoinist - 10 months ago
South Korea’s Financial Services Commission (FSC) has recently issued a statement that could have significant implications for the local crypto market in its region.
The FSC has indicated that domestic securities firms’ brokering of US sp...
Bitcoin News / Bitcoin.com - 10 months ago
The Lazarus Group, one of the most infamous cryptocurrency hacking collectives, has made one of its largest cryptocurrency withdrawals in over a month. According to Arkham, an on-chain intelligence exchange system, the group withdrew a million dollar...
Cryptocoins News / Blockchain - 10 months ago
North Korean groups were linked to 33% of 2023's crypto thefts, stealing up to $700M. Their methods evolved, involving crypto mixers and converting assets to Tether or Tron, highlighting the ongoing cyber threat from DPRK. (Read More)
Bitcoin News / Bitcoinist - 10 months ago
In a recent report by TRM Labs, it has been revealed that hackers linked to North Korea conducted significant crypto thefts in 2023, amassing at least $600 million. If additional hacks in the final days of the year are confirmed to be the work of Nor...
Bitcoin News / Bitcoin.com - 10 months ago
South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax accountant,...
Bitcoin News / Bitcoin.com - 10 months ago
The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Go...
Cryptocoins News / Blockchain - 10 months ago
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. (Read More)
Cryptocoins News / Finance Magnates - 10 months ago
South Korean lawmakers have conducted crypto transactions totaling over 125.6 billion won ($97.6 million) over the past three years, according to the data revealed by the country's Anti-Corruption and Civil Rights Commission today (Friday). Inspectio...