korea – DIGIT INFO

Korean crypto executives allegedly profited $2.3M from coin listing scandal

Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone.

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South Korean Politician Quits Party Over Crypto Scandal

A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other irregularities. Lawmaker Leaves South Korean Opposition Party Over Crypto Holdings Kim Nam-kuk, […]

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Bank of Korea given right to investigate local crypto firms: Report

The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.

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ApeCoin surges 1,950% on South Korean crypto exchange Upbit

The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange.

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we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity

PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of launching its offline development efforts. According to data analysis, the LP holders’ distribution of the […]

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Do Kwon to Stand Trial in Montenegro, May Serve Time Before Extradition

Before extradition, Terraform Labs founder Do Kwon will first have to stand trial in Montenegro for traveling on a fake passport, according to his lawyer in the country. The fugitive crypto entrepreneur may also have to serve time in prison before he is extradited from the Balkan nation, its justice minister indicated. Alleged South Korean […]

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South Korea’s Kimchi premium turns to discount

The “Kimchi premium” has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea.

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Seoul Sanctions North Korea Over Crypto Theft

South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The […]

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Bithumb owner arrested in South Korea over alleged embezzlement

The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested.

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Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months

Korean Government to Adopt Crypto Tracking System Within 5 Months

The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to monitor and analyze crypto transactions, particularly to uncover the sources of illegal funds. South Korea to Start Tracking Crypto Transactions in 1H South Korea’s […]

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