Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An alliance comprising five major crypto exchanges has removed warnings placed on KAVA and WAVES, stating that the reasons for the warnings have been resolved. Deposits to resume for...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied North Korean bad actors and hacking groups have stolen a total of $721 million worth of bitcoin (BTC) and other cryptocurrencies from Japan since the crypto summer of 2017....
Prosecutors conducted a raid on two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb, as part of an ongoing investigation into allegations surrounding independent lawmaker Kim Nam-kuk’s digital assets. The team of investigators from the Seoul Southern District Prosecutors Office seized transaction records...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kim Nam-Kuk, a South Korean lawmaker, is under investigation after claims that he withdrew 800,000 WEMIX tokens during questionable crypto transactions. A series of cryptocurrency transactions by a legislator...
On April 25, the South Korean parliament’s National Policy Committee passed the first step of the country’s crypto bill, the Virtual Asset Investor Protection Act. According to local media reports, the bill was approved by the Legislative Review Subcommittee of the National Assembly...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before...
The members of the digital asset exchange joint consultative body (DAXA), a group of South Korean crypto exchanges, are planning to delist OMG Network (OMG), formerly known as OmiseGo, and serum (SRM). According to the announcement by Upbit, DAXA will end support for...
Alchemy has raised $10 million in its latest funding round with DWF Labs, at a valuation of $400 million. The amount will enable the expansion of Alchemy Pay into the Korean market. Alchemy Pay, a Singapore-based crypto payment gateway that bridges the gap...
A group of Korean exchanges recently announced guidelines for listing and relisting tokens. Guidelines for listing new tokens In a Twitter thread, Garlam (@GarlamWON), a crypto enthusiast, highlighted the must-follow rules for project tokens to get listed in Korean-based exchanges. This thread highlighted...
Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in the country. The guidelines stipulate that all blockchain-based tokens will be treated and...