korea – DIGIT INFO

Korean Exchange Bithumb to Sponsor FC Seoul, One of the Country’s Leading Soccer Clubs

DIGIT — Sun, 02 Mar 2025 11:30:04 +0000

Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at contributing to various cultural fields, will see Bithumb serve as an official sponsor for the 2025 season. FC Seoul, one of Korea’s most popular professional […]

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Ripple CEO: Japan’s Leaders Committed to Advancing Crypto and Blockchain Technology

DIGIT — Sun, 08 Sep 2024 23:46:11 +0000

Ripple CEO Brad Garlinghouse discussed Japan’s potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan’s commitment to advancing crypto, highlighting the country’s “clear frameworks and constructive policy” that encourage innovation while ensuring consumer protection. Taira, a Web3 and AI advocate in Japan’s House of Representatives, noted that the […]

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Bitcoin falls under $60K as investors’ global economic slowdown concerns rise

DIGIT — Wed, 14 Aug 2024 18:40:00 +0000

Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.

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Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets

DIGIT — Tue, 18 Jun 2024 03:38:00 +0000

South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user protection tools are among the factors related to virtual assets that […]

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

DIGIT — Mon, 22 May 2023 16:49:59 +0000

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

DIGIT — Mon, 15 May 2023 08:30:43 +0000

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

DIGIT — Mon, 24 Apr 2023 04:28:03 +0000

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

DIGIT — Wed, 12 Apr 2023 15:12:09 +0000

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

DIGIT — Tue, 11 Apr 2023 15:15:39 +0000

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

DIGIT — Thu, 30 Mar 2023 13:50:04 +0000

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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