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Sat, February 4, 2023 | 18:18
Dunamu holds ESG management committee meeting
Dunamu holds ESG management committee meeting
Dunamu, the operator of the country's largest cryptocurrency exchange, Upbit, held its first environment, social and corporate governance (ESG) management committee meeting on Monday.
Yoon Ja-young | 2022-11-22 16:21
FTX crash to have limited impact on Korea's financial market: analysts
FTX crash to have limited impact on Korea's financial market: analysts
The collapse of once-renowned global crypto exchange, FTX, is unlikely to deal a severe blow to the overall financial market in Korea, as the crypto market meltdown sparked by the bankruptcy does not have direct links to conventional financial systems, market analysts said. The fallout of FTX's sudden collapse is making headlines here and abroad amid heightened fears of a pos...
Lee Min-hyung | 2022-11-17 16:19
Terraform Labs co-founder Shin questioned over unfair trading charges
Terraform Labs co-founder Shin questioned over unfair trading charges
Prosecutors on Thursday questioned Daniel Shin, co-founder of Terraform Labs, on charges that he gained illegal trading profits before the massive collapse of the blockchain firm's cryptocurrencies.
2022-11-17 14:16
Korbit discloses crypto holdings amid FTX debacle
Korbit discloses crypto holdings amid FTX debacle
Korbit, one of the crypto exchanges in Korea, decided Wednesday to publicly disclose its cryptocurrency holdings, as part of efforts to win back investor confidence in the wake of Bahamas-based crypto exchange FTX's abrupt bankruptcy. Customers can check the details of Korbit's crypto holdings, including the amount and kind of virtual coins as well as its wallet address, acco...
Lee Min-hyung | 2022-11-16 16:50
Dunamu strengthening investor protection by tackling 'information asymmetry'
Dunamu strengthening investor protection by tackling 'information asymmetry'
Dunamu, the operator of the country's largest cryptocurrency exchange Upbit, started tackling the problem of “information asymmetry” in the digital assets market. It includes translating whitepapers and business plans of digital asset industry players as well as offering overseas regulations and administrative orders in the Korean language. Upbit investor protection center, u...
2022-11-16 16:36
FTX creditors may number over 1 million as regulators seek answers
FTX creditors may number over 1 million as regulators seek answers
Collapsed crypto exchange FTX outlined a "severe liquidity crisis" in U.S. bankruptcy filings, which said the group could have more than 1 million creditors, as regulators opened probes and the crypto pain spread with the Wall Street Journal reporting BlockFi was planning layoffs and a possible bankruptcy filing.
2022-11-16 11:13
FTX's collapse comes as wakeup call for crypto exchanges to reduce commission reliance
FTX's collapse comes as wakeup call for crypto exchanges to reduce commission reliance
The unexpected insolvency of the once-high-profile cryptocurrency exchange, FTX, comes as a wake-up call for its Korean counterparts to reduce their excessive reliance on trading commission profits and diversify their revenue structures. This situation comes amid investors' growing skepticism about the entire industry, after some seemingly undefeatable market players collapse...
Lee Min-hyung | 2022-11-15 15:17
Korean crypto stocks plunge amid FTX bankruptcy
Korean crypto stocks plunge amid FTX bankruptcy
The meltdown of FTX has triggered a chain reaction in Korea's cryptocurrency-linked stocks, which saw their values plummet on the first trading day after one of the world's largest crypto exchanges filed for bankruptcy. Shares of Com2uS, a game developer which listed its C2X token on the exchange in March, suffered a double-digit decline on Monday, dipping to a new eight-year...
Lee Min-hyung | 2022-11-14 16:25
FTX's collapse throws crypto market into chaos
FTX's collapse throws crypto market into chaos
The abrupt collapse of FTX, the world's third-largest crypto exchange, is affecting more than 10,000 retail and corporate investors, leading to major market disruptions. Ever since the company initiated its U.S. bankruptcy processes recently, major cryptocurrencies and FTX's FTT tokens have been on a sharp decline. Bitcoin was priced around $21,000 on Nov. 6, but plunged belo...
Lee Min-hyung | 2022-11-13 16:54
Gov't to ease LTV ratio to 50% for first-home buyers, allow loans for expensive homes
Gov't to ease LTV ratio to 50% for first-home buyers, allow loans for expensive homes
The government said Thursday that first-home buyers will be able to borrow up to 50 percent of the value of a property to secure their loan as collateral, in a bid to prevent the recent downturn in the property market due to the current costly borrowing rate.
Yi Whan-woo | 2022-11-10 16:44
12 3 456789
Top 10 Stories
1Teens feel peer pressure to buy luxury goods endorsed by K-pop stars Teens feel peer pressure to buy luxury goods endorsed by K-pop stars
2Itaewon tragedy's bereaved families harassed by far-right protesters Itaewon tragedy's bereaved families harassed by far-right protesters
3Plan to construct new memorial center for ex-president faces backlash Plan to construct new memorial center for ex-president faces backlash
4Too many emergency text alerts? Gov't to halt daily COVID-19 notifications Too many emergency text alerts? Gov't to halt daily COVID-19 notifications
5First lady expands presence in domestic politics First lady expands presence in domestic politics
6Able C&C sale attracts dozens of potential buyers Able C&C sale attracts dozens of potential buyers
7FSC OKs Apple Pay to be available in Korea FSC OKs Apple Pay to be available in Korea
8Naver to roll out conversational AI service Naver to roll out conversational AI service
9SEMICON Korea defies chip industry downturn SEMICON Korea defies chip industry downturn
10K bank decides to delay IPO plan K bank decides to delay IPO plan
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