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Millions of XRP Stun Top Korean Exchange Bithumb

Millions of XRP Stun Top Korean Exchange Bithumb

The new year 2025 has started for XRP with a rather large transfer of 30 million XRP to the major Korean exchange Bithumb. As it became known thanks to a report from Whale Alert, the amount of tokens equivalent to $64.03 million was deposited on Bithumb earlier today, and it came from the unknown ad…

North Korea to blame for 342,000 ETH Upbit hack in 2019, South Korean police say

North Korea to blame for 342,000 ETH Upbit hack in 2019, South Korean police say

This is the first time where South Korea has identified North Korea as the perpetrator of a cryptocurrency heist, the police agency said.

Danny Park
Ransomware’s Mastermind Faces Justice: DOJ Targets Global Cybercrime Operation

Ransomware’s Mastermind Faces Justice: DOJ Targets Global Cybercrime Operation

A Russian ransomware kingpin extradited from South Korea to the U.S. faces charges for orchestrating the $16 million Phobos malware targeting global critical infrastructure. Justice Catches Up: The Fall of a Ransomware Kingpin The U.S. Department of Justice (DOJ) announced Monday that Evgenii Ptitsy…

Kevin Helms
South Korea’s Upbit under probe for at least 500,000 KYC violations: report

South Korea’s Upbit under probe for at least 500,000 KYC violations: report

The country’s financial watchdog reportedly discovered that Upbit approved hundreds of thousands of accounts without proper ID verification.

Timmy Shen
Korea to Regulate Crypto Cross-Border Trade Next Year

Korea to Regulate Crypto Cross-Border Trade Next Year

On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border virtual asset trade register with authorities and…

Bitcoin.com
South Korea Recognizes Crypto as Divisible Asset in Divorce Case

South Korea Recognizes Crypto as Divisible Asset in Divorce Case

Couples in South Korea can now opt to cash out or split their crypto during divorce proceedings

Blockhead
South Korean regulator to review crypto ETF approval: report

South Korean regulator to review crypto ETF approval: report

South Korea’s financial watchdog is reportedly set to review the approval of spot crypto ETFs and the legalization of corporate crypto accounts through a newly formed committee. South Korea, which has been cautious in its approach to crypto regulation, is…

Denis Omelchenko
South Korea’s largest crypto exchange Upbit to be probed by the FSC

South Korea’s largest crypto exchange Upbit to be probed by the FSC

South Korea’s Financial Services Commission plans to investigate Upbit over concerns about its market dominance and its close ties with K Bank. A local media report cited FSC chairman Kim Byoung-hwan, stating that the country’s top financial regulator will thoroughly…

Rony Roy
$6 Million Drained From DeFi Platform, ZachXBT Claims That North Korea Hackers May Be Involved

$6 Million Drained From DeFi Platform, ZachXBT Claims That North Korea Hackers May Be Involved

Over $6 million in various tokens from wallets belonging to on-chain DeFi platform, DeltaPrime were […] The post $6 Million Drained From DeFi Platform, ZachXBT Claims That North Korea Hackers May Be Involved appeared first on .

AlexAlex
South Korea joins global crackdown on Telegram, cites deepfakes

South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions, launching a probe against Telegram over illicit content dissemination.

Breaking Through Web3 Mass Adoption with Entertainment: MEET48’s Ambition in Fan Economy

Breaking Through Web3 Mass Adoption with Entertainment: MEET48’s Ambition in Fan Economy

[PRESS RELEASE – Singapore, Singapore, August 23rd, 2024] In 2007, Japan’s virtual idol Hatsune Miku debuted with synthesized voice technology, establishing the UGC model in the virtual idol industry. By 2012, her success led to the rise of more virtual idols, with organizations like Japan’s Hololiv…

Chainwire
Korea’s Virtual Asset Market Crashes as Bitcoin Plummets to February Lows, Stocks Plunge

Korea’s Virtual Asset Market Crashes as Bitcoin Plummets to February Lows, Stocks Plunge

Coinspeaker Korea’s Virtual Asset Market Crashes as Bitcoin Plummets to February Lows, Stocks Plunge Stocks linked to cryptocurrency exchanges and technology investments have also taken serious hits a

Mayowa Adebajo