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Thu, February 2, 2023 | 04:57
Investors spooked by abrupt bank run on FTX
Investors spooked by abrupt bank run on FTX
Cryptocurrency investors have been spooked by the ongoing market crash caused by Binance's overnight decision to pull out of a deal to acquire FTX, one of the world's largest crypto exchanges. The abrupt decision came amid escalating concerns over FTX's liquidity crisis after the company halted all crypto withdrawals.
Lee Min-hyung | 2022-11-10 16:18
Dunamu holds forest tending campaign on metaverse platform
Dunamu holds forest tending campaign on metaverse platform
The country's leading blockchain and cryptocurrency exchange operator Dunamu is holding a virtual conservation campaign on its metaverse platform 2nd Block. According to Dunamu, the “forest tending campaign with 2nd Forest,” enables participants to take care of a virtual forest. The campaign, open to anyone through the metaverse, aims at promoting how to properly take care of...
2022-11-09 16:19
BOK completes mock test on digital currency
BOK completes mock test on digital currency
The Bank of Korea (BOK) said Monday it has found some technical "restrictions" standing in the way of the introduction of a central bank digital currency (CBDC) as it has completed a mock test on the feasibility of the new form of money.
2022-11-07 13:54
Upbit introduces independent login system
Upbit introduces independent login system
Upbit, the nation's dominant cryptocurrency exchange, introduced its independent login system, providing users with easier and more secure access, Monday. Upbit users can log in with either a personal identification number or biometric authentication without installing other programs or apps, it said.
Lee Min-hyung | 2022-10-31 16:44
Dunamu's Momentica offers digital collectibles for global fans
Dunamu's Momentica offers digital collectibles for global fans
Digital cards of the seven members of boy band ENHYPEN have become available for global fans to collect for the first time on the Momentica digital collectibles platform. Momentica is operated by Levvels, a joint venture established by Dunamu and HYBE, Korea's leading firms in cryptocurrency and entertainment, respectively. The Los Angeles-based subsidiary focuses on the emer...
Lee Min-hyung | 2022-10-26 16:41
Assembly to bring charges against Korean crypto moguls for absence at audit
Assembly to bring charges against Korean crypto moguls for absence at audit
Lawmakers are moving to bring charges against Korean crypto magnates for not appearing after being summoned as witnesses to the National Assembly's annual audit regarding the recent Luna debacle.
Lee Min-hyung | 2022-10-25 08:45
Do Kwon criticized for declining to confirm whereabouts
Do Kwon criticized for declining to confirm whereabouts
Do Kwon, co-founder of Terraform Labs, is being met with a deluge of criticism for declining to confirm his whereabouts even after making apologies for the recent Luna coin debacle. Earlier, Kwon argued he is not “on the run” or evading investigation by the police, though it has turned out he left Singapore and headed for Dubai in September. He did not enter the United Arab E...
Lee Min-hyung | 2022-10-20 17:12
Dunamu to make leap forward as global platform
Dunamu to make leap forward as global platform
Dunamu, the operator of the nation's largest crypto exchange, Upbit, is accelerating its pace to make a leap forward as a global trading platform. Dunamu set up Levvels, a joint venture with HYBE in the U.S. early this year, driving its efforts to take on the global market on top of the U.S. market. Its metaverse platform, 2nd Block, as well as Upbit NFT, are also getting the...
2022-10-20 17:04
Korbit, Save the Children partner up on NFTs
Korbit, Save the Children partner up on NFTs
Korbit, a Seoul-based cryptocurrency exchange, has partnered with Save the Children Korea to launch a donation campaign involving non-fungible tokens (NTF). Under the memorandum of understanding, the exchange operator will hold a series of campaigns by donating NFTs to the non-profit organization's charitable programs, the nation's first crypto exchange said Wednesday.
Lee Min-hyung | 2022-10-19 16:12
Upbit to introduce new login system after Kakao disruption
Upbit to introduce new login system after Kakao disruption
Upbit, the nation's leading crypto exchange operator, will introduce an independent login system so as to cut its reliance on Kakao, which suffered a data center fire that blocked Upbit users from trading their cryptocurrencies during the weekend.
Lee Min-hyung | 2022-10-18 16:29
123 4 56789
Top 10 Stories
1Garbage collector mistakes sex doll for corpse Garbage collector mistakes sex doll for corpse
2Free subway rides for elderly emerge as headache for Seoul mayor Free subway rides for elderly emerge as headache for Seoul mayor
3Retailers return to Myeong-dong as more foreign tourists visit Retailers return to Myeong-dong as more foreign tourists visit
44 South Korean activists arrested for executing orders from Pyongyang4 South Korean activists arrested for executing orders from Pyongyang
5Korea seeks measures to better protect foreign workers Korea seeks measures to better protect foreign workers
6President pledges support for Korean chipmakers to overcome crisisPresident pledges support for Korean chipmakers to overcome crisis
7Korea's presidential couple celebrates recovery of Cambodian boy who received heart surgery Korea's presidential couple celebrates recovery of Cambodian boy who received heart surgery
8Space industry takes off in South Jeolla ProvinceSpace industry takes off in South Jeolla Province
9Income gap widening among workers Income gap widening among workers
10Saipanese people pin hopes on tourism boom again Saipanese people pin hopes on tourism boom again
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