South Korea’s Financial Supervisory Service (FSS) is preparing regulations to supplement the Virtual Asset Users Protection Act passed earlier this year, according to local reports… Read More
Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023, as reported by its operating company, Dunamu. This figure represents a si… Read More
The South Korean cryptocurrency exchange, Upbit has faced more than 159,000 hacking attempts in the first half of 2023, as reported by its parent company Dunamu.
On October 9, it wa… Read More
The Korea Federation of Banks will soon mandate that South Korean cryptocurrency exchanges with real-name accounts hold a minimum reserve fund. According to local reports, the new rules o… Read More
Korea Federation of Banks to require domestic crypto exchanges to maintain $2.26 million reserves for safety, enhancing customer protection amid recent industry challenges.
Korea Federa… Read More
Key Insights:
Curve Finance’s token, CRV, is trading at a premium on South Korean crypto exchanges Bithumb and Upbit.
CRV’s price drops by 12% within 24 hours
More than… Read More
A Shiba Inu whale recently made a noteworthy transfer of a massive amount of Shiba Inu [SHIB] tokens from the prominent crypto exchange Binance.US.
The crypto-verse encompasses various en… Read More
Meme Coins have become an extraordinary phenomenon in the whirlwind world of cryptocurrencies, where new tokens spring up like memes. These quirky digital assets, inspired by internet trends… Read More
XRP has become the most traded cryptocurrency on South Korea’s two major exchanges, Upbit and Bithumb, according to CoinMarketCap. The combined trading volume of XRP on the two platfor… Read More
Two national cryptocurrency exchange platforms have been raided as part of an investigation into a politician's dubious crypto investments in South Korea. During the perquisition, the South… Read More
Artificial Intelligence (AI)-focused blockchain CryptoGPT has raised $10 million in funding, giving it a valuation of $250 million.
Also, CryptoGPT (GPT) will become the first AI token to… Read More
Bitcoin’s price has once again dipped below $27,000, indicating a slight selloff in the broader cryptocurrency market.
At the time of writing, Bitcoin is trading at $26,632 and exper… Read More
Anndy Lian | Inter-Governmental Blockchain Adviser | Book Author | Investor | Board Member | SingaporeSouth Korea’s Evolving Regulatory Landscape for Cryptocurrencies: What to Expect
S… Read More
The past year has been a greatly eventful one for the crypto market, albeit devastating, but not as eventful as the past few months. At the end of last February, the avalanche effect from th… Read More
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a la… Read More
South Korea’s “Kimchi premium” has flipped to a discount again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges.
The phenomenon… Read More
South Korean authorities have arrested the former chairman of crypto exchange Bithumb, on charges of embezzlement and market manipulation.
Prosecutors accused Kang Jong-Hyun of conspiring… Read More