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Wed, September 27, 2023 | 07:41
Korea's largest crypto exchange sold fake assets
Korea's largest crypto exchange sold fake assets
Counterfeit cryptocurrencies were sold as genuine assets on Upbit, Korea's largest crypto exchange. After an internal review, Upbit is now working to bring those back.
2023-09-26 16:55
NK hackers ramp up use of Russian exchanges for crypto laundering: report
NK hackers ramp up use of Russian exchanges for crypto laundering: report
North Korean-linked hacking groups are increasingly using Russian-based exchanges to launder crypto assets, according to cryptocurrency analytics platform Chainalysis.
2023-09-20 14:13
Lukewarm crypto sentiment to pull down exchanges' earnings in 2023
Lukewarm crypto sentiment to pull down exchanges' earnings in 2023
Korea's major crypto exchanges appear likely to continue reporting lukewarm earnings even in the latter half of this year, as fewer investors appear to be betting on an a market recovery occurring anytime soon.
2023-09-05 08:32
Ex-Bithumb research chief takes on new role at think tank
Ex-Bithumb research chief takes on new role at think tank
Lee Mi-seon, a renowned fixed-income market analyst, has taken on a new role as head of research at Hashed Open Research. The think tank is operated by Korea's representative blockchain venture capital firm, Hashed.
2023-09-04 08:23
Ambiguous delisting rule sparks concern across crypto industry
Ambiguous delisting rule sparks concern across crypto industry
Investors are crying foul over an unclear delisting rule on certain cryptocurrencies, as they may end up facing unwanted financial losses when local crypto exchanges make abrupt decisions.
2023-08-30 16:29
Small startups unlikely to win crypto exchange operator licenses
Small startups unlikely to win crypto exchange operator licenses
Small startups with little capital will no longer be able to launch crypto exchanges here, as only those with a reserve fund of at least 3 billion won ($2.27 million) can operate crypto exchanges from September.
2023-08-29 15:35
Dunamu's Upbit D Conference to attract global blockchain gurus
Dunamu's Upbit D Conference to attract global blockchain gurus
Global blockchain experts, including gurus of Ethereum and Solana, will attend the Upbit D Conference (UDC), according to Upbit's operator Dunamu, Tuesday.
2023-08-22 15:32
Crypto exchanges suffer deficits amid prolonged bearish sentiment
Crypto exchanges suffer deficits amid prolonged bearish sentiment
Most Korean crypto exchanges suffered deficits in the second quarter of this year, hit hard by a fall in trading commission revenues amid a prolonged bearish market sentiment.
2023-08-21 16:45
'Parasite' producer, Lambda256 utilize NFT for sustainable movie community
'Parasite' producer, Lambda256 utilize NFT for sustainable movie community
Barunson E&A, the producer of the Oscar-winning film, “Parasite” (2019), is embarking on a fresh journey by building a sustainable movie community ― powered by blockchain and non-fungible tokens (NFT). But the focus is less on generating financial gains or jumping on the once-prevalent NFT hype.
2023-08-18 08:31
Binance faces bumpy road in Korea
Binance faces bumpy road in Korea
Binance, the world's largest crypto exchange, is facing difficulties in its expansion in Korea, as financial authorities have not granted approval for the company's acquisition of the nation's fifth-largest exchange, GOPAX.
2023-08-11 17:40
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Top 10 Stories
1S. Korea flexes military might in rare parade with US in central Seoul S. Korea flexes military might in rare parade with US in central Seoul
2Korea has world's highest senior poverty rate: data Korea has world's highest senior poverty rate: data
3For closer business ties between Korea, Vietnam For closer business ties between Korea, Vietnam
4Seoul Welcome Week to return for first time since pandemicSeoul Welcome Week to return for first time since pandemic
5Gov't to boost Korean language education for multiethnic students Gov't to boost Korean language education for multiethnic students
6[INTERVIEW] Wellington mayor's love for Korean culture spurs collaboration INTERVIEWWellington mayor's love for Korean culture spurs collaboration
7POSCO International to enter US grain market POSCO International to enter US grain market
8BOK warns of worsening household debt situation BOK warns of worsening household debt situation
9Late Samsung chairman's love of animals helps change Korea's pet culture Late Samsung chairman's love of animals helps change Korea's pet culture
10SK Telecom to triple AI investment over next 5 years SK Telecom to triple AI investment over next 5 years
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