Cryptocurrency

Crypto meets football: Bithumb signs sponsorship deal with FC Seoul

Bithumb, the second-largest cryptocurrency exchange in Korea by trading volume, has signed a sponsorship deal with FC Seoul as part of its outreach efforts to provide customers with unique experiences, the company said Friday.

Feb 28, 2025By Jun Ji-hye

Crypto meets football: Bithumb signs sponsorship deal with FC Seoul

Will Upbit challenge sanctions in court?

Dunamu, the operator of Korea’s largest cryptocurrency exchange, Upbit, has hinted at filing an administrative lawsuit against financial authorities after facing sanctions for violating financial laws, industry officials said Wednesday.

Feb 26, 2025By Jun Ji-hye

Will Upbit challenge sanctions in court?

Upbit faces 3-month partial biz suspension, CEO receives disciplinary warning

Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbit, was given a three-month partial business suspension for violating its obligation to refrain from transactions with unregistered virtual asset service providers, Korea's financial regulator said Tuesday.

Feb 25, 2025By Jun Ji-hye

Upbit faces 3-month partial biz suspension, CEO receives disciplinary warning

How Story became most talked-about IP coin

Korean investors have shown strong interest in the blockchain startup Story, causing its coin price to double two weeks after its CEO secured backing from major investors, including the firm Andreessen Horowitz (also known as a16z) and Samsung, market insiders said Tuesday.

Feb 25, 2025By Lee Yeon-woo

How Story became most talked-about IP coin

Are Korean crypto exchanges safe from NK cyberattack?

Following a massive hack Friday that targeted Bybit, one of the world's largest virtual asset exchanges, calls are growing for domestic cryptocurrency exchanges to strengthen their security against potential hacking attempts, industry experts said Sunday.

Feb 23, 2025By Lee Yeon-woo

Are Korean crypto exchanges safe from NK cyberattack?

Is Bitcoin losing momentum?

Bitcoin has been trending sluggishly since surpassing $100,000 in December as it struggles to find a clear catalyst for growth and has remained range-bound, particularly after the U.S. Federal Reserve (Fed) signaled it won't accelerate interest rate cuts, industry experts said Tuesday.

Feb 18, 2025By Lee Yeon-woo

Dunamu acquires digital sheet music platform

Dunamu, a blockchain and fintech company, has acquired MPAG, which operates digital sheet music platforms, the firm said Monday.

Feb 17, 2025By Jun Ji-hye

Dunamu acquires digital sheet music platform

Coinone names financial strategy expert as co-CEO

Korean virtual asset exchange Coinone said Monday that it would adopt a co-CEO system by appointing the company's Chief Operating Officer Lee Seong-hyun as Co-CEO.

Feb 17, 2025By Lee Yeon-woo

Coinone names financial strategy expert as co-CEO

Korea to allow nonprofit entities to obtain accounts for virtual assets

Nonprofit corporations such as social welfare corporations and universities will be allowed to open accounts for virtual assets in the second quarter, the country’s financial regulator said Thursday.

Feb 13, 2025By Jun Ji-hye

Korea to allow nonprofit entities to obtain accounts for virtual assets

Regulator tightens rules for listing of meme coins on local exchanges

Financial authorities have decided to strengthen standards for the listing of new coins, industry officials said Sunday. The decision follows ongoing controversies over the listing of meme coins, such as "Official Trump," and their extreme price fluctuations.

Feb 9, 2025By Lee Yeon-woo

Regulator tightens rules for listing of meme coins on local exchanges

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