KoreaTimes - Cryptocurrency

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The Korea Times

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The Korea Times

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Cryptocurrency

Sun, January 29, 2023 | 08:03

Terraform CEO Do Kwon hiding in Serbia: prosecutors

Terraform CEO Do Kwon hiding in Serbia: prosecutors

Do Kwon, the wanted co-founder and CEO of Terraform Labs accused of fraud following the massive collapse of the blockchain firm's cryptocurrencies, is currently in Serbia, prosecutors said Monday.

2022-12-12 11:52

Cryptocurrency market hit by delisting of Wemix

Cryptocurrency market hit by delisting of Wemix

Wemix, the cryptocurrency developed by game company Wemade, ended up getting delisted from four major local coin exchanges as of 3 p.m. Thursday, as a local court rejected an injunction request filed by Wemade on Wednesday evening.

Anna J. Park | 2022-12-08 16:55

Court denies injunction against delisting of cryptocurrency Wemix

Court denies injunction against delisting of cryptocurrency Wemix

A Seoul court on Wednesday denied an injunction request filed by the operator of cryptocurrency Wemix to block the enforcement of crypto exchanges' decision to delist the coin.

2022-12-07 21:51

Court denies warrant for Terraform co-founder over cryptocurrency collapse

Court denies warrant for Terraform co-founder over cryptocurrency collapse

A Seoul court denied a warrant on Saturday to detain Daniel Shin, co-founder of Terraform Labs, on charges of gaining illegal profits before the massive collapse of the blockchain firm's cryptocurrencies.

2022-12-03 18:06

Terraform co-founder attends court hearing to decide his arrest over cryptocurrency collapse

Terraform co-founder attends court hearing to decide his arrest over cryptocurrency collapse

Daniel Shin, co-founder of Terraform Labs, attended a court hearing Friday to determine whether he should be arrested for allegedly gaining illegal profits before the massive collapse of the blockchain firm's cryptocurrencies.

2022-12-02 12:01

Arrest warrant sought for Terraform Labs co-founder over cryptocurrency collapse

Arrest warrant sought for Terraform Labs co-founder over cryptocurrency collapse

Prosecutors said Wednesday they have sought an arrest warrant for Daniel Shin, co-founder of Terraform Labs, for allegedly gaining illegal profits before the massive collapse of the blockchain firm's cryptocurrencies.

2022-11-30 09:21

Dunamu expands trading restriction to families of executives and staff

Dunamu expands trading restriction to families of executives and staff

Dunamu, the operator of the country's leading cryptocurrency exchange, Upbit, has expanded trading restrictions to family members of its executives and staff as a preemptive measure to enhance ethical management. The decision is drawing attention as the internal control system, which is on par with that of the traditional financial industry, is expected to enhance the overall...

2022-11-29 16:47

Wemade chief faces censure amid stock fall

Wemade chief faces censure amid stock fall

Wemade CEO Chang Hyun-guk came under mounting criticism from investors after the game publisher's stock plummeted in the aftermath of a shocking delisting of its Wemix coin from Korea's four major crypto exchanges. According to data from the Korea Exchange, Wemade shares went on a losing streak on Monday after its price closed with a drop of 29.89 percent on the previous trad...

Lee Min-hyung | 2022-11-28 15:10

Korea's first digital asset bill expected to be passed as early as Dec.

Korea's first digital asset bill expected to be passed as early as Dec.

The parliament is set to deliberate on a bill that stipulates cryptocurrency exchanges' obligations for investor protection as early as later this month, as rival parties share a common understanding about a need to legalize the country's growing digital asset markets.

Anna J. Park | 2022-11-27 16:53

Dunamu's metaverse 2nd Block bridges generation gap

Dunamu's metaverse 2nd Block bridges generation gap

The world is witnessing an infinite expansion through the metaverse, where barriers are being demolished and limitations are disappearing. Once regarded alien and unrealisitc, the metaverse has become an engine of future growth and energy that enriches our lives and enables the search for new possibilities.

2022-11-24 17:02

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