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South Korean authorities have confirmed that 22 bitcoin, worth about $1.5 million, vanished from a cold wallet held by the Seoul Gangnam Police Station in a 2021 financial crime case. Another Crypto Custody Failure Hits South Korean Authorities According to local reporting, the bitcoin had been voluntarily surrendered in November 2021 during a virtual asset … Read more
South Korea’s Financial Supervisory Service launches a formal inspection of Bithumb over a $44 billion bitcoin overpayment accident and possible custody and control failures. The Financial Supervisory Service (FSS) escalates a field review to a formal inspection of Bithumb in Seoul in early February 2026, adding personnel to probe how roughly 620,000 bitcoins were paid … Read more
South Korea’s Financial Supervisory Service announced a planned targeted investigation into high‑risk crypto market manipulation tactics — including large “ whale” trades, exchange withdrawal halts used to rig prices, API‑based manipulation, and coordinated social‑media misinformation. The regulator also said it will develop artificial intelligence (AI) analytics to detect suspicious rapid price spikes and suspect groups, … Read more
South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly acted to restrict trading and withdrawals, claiming to have recovered 99.7% of the erroneously distributed cryptocurrency within 35 minutes of the incident. The exchange emphasized that the mistake was not caused … Read more
South Korea’s Kospi index crossed the 5,000 mark for the first time on Jan. 22, defying global market turbulence caused by U.S. President Donald Trump’s Greenland takeover ambitions. Blue-Chip Surge South Korea’s benchmark Kospi index crossed the 5,000 mark for the first time on Jan. 22, a historic milestone that fueled excitement across the country. … Read more
With bitcoin dipping below the $90,000 band this week, South Korea’s premium is creeping back into view, as prices indicate that the top crypto asset has stayed north of that threshold on local exchanges such as Bithumb and Upbit. Bitcoin’s Korea Gap Widens as Local Demand Outpaces Global Markets Just recently on Bitstamp, the price … Read more
Liquidity on South Korea’s cryptocurrency exchanges looks deceptively simple on the surface, but Kaiko Research finds that beneath the headline volumes lies a far more nuanced—and occasionally unforgiving—market structure. South Korea’s Crypto Liquidity Is Complicated—Kaiko Research Explains Why In its report, “The State of Liquidity on Korean Crypto Markets,” Kaiko Research defines liquidity not as … Read more
Korea University’s Blockchain Research Institute has partnered with Injective, joining its global ecosystem as a validator to strengthen ties between academia and the blockchain industry. Validator Participation and Network Security Korea University’s Blockchain Research Institute has partnered with layer 1 blockchain, Injective, formally joining the global Injective ecosystem in a move that strengthens ties between … Read more
Over the last hour, the price of XRP clocked in at $2.14 to $2.17 on Jan. 14, 2026, flashing signs of resilience in a market still grappling with volatility. With a market capitalization of $130 billion and a 24-hour trading volume of $5.16 billion, XRP stayed lively within a tight intraday price range of $2.08 … Read more
South Korea’s top court has drawn a hard legal line on digital assets, ruling that bitcoin held on exchanges can be seized during criminal probes, cementing virtual assets as enforceable property under criminal procedure. Supreme Court Confirms Exchange-Held Bitcoin Can Be Seized A landmark judicial decision has addressed how digital assets interact with criminal procedure. … Read more
