South Korean Bitcoin lender Delio plans to sue regulators: Report
South Korean financial regulators accused Delio of fraud and embezzlement and seized its assets in July earlier this year. Go to Source
South Korea
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Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance
This week’s Crypto Biz explores Coinbase’s lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy. Go to Source
South Korean Hana Bank enters crypto custody business with BitGo
KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. Go to Source
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion. Go to Source
Naver Corp unveils South Korea’s answer to ChatGPT and generative AI
South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. Go to Source
South Korean city to seize crypto from thousands of tax evaders: Report
City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government. Go to Source
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
The Securities and Exchange Commission wants to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs. Go to Source
Anthropic AI raises $100m from South Korea to bolster telecommunications industry
The Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Telecom to bolster industry. Go to Source
South Korea arrests Bitsonic CEO for stealing $7.5 million of users’ money
The Vice President of the crypto exchange would also be put on trial, but without preliminary detention. Go to Source
Korean superconductor LK99 joins memecoin craze
The world’s supposed first room-temperature ambient pressure superconductor already has a memecoin. Go to Source Powered by WPeMatico
