FTX in Discussions to Buy South Korean Crypto Exchange Bithumb: Report – Crypto News
Bithumb’s parent company is considering both an outright sale or entering into joint ownership. Source link
South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report – Crypto News
South Korean authorities are continuing their investigation into fraud allegations at the center of the Terra collapse. Source link
South Korean authorities raid 15 entities linked to Terra collapse: Report – Crypto News
Prosecutors in South Korea behind the investigation of Terraform Labs have reportedly executed a search and seizure in 15 firms, including 7 crypto exchanges.According to a Wednesday report from News1 Korea, the Joint Financial and Securities Crime Investigation Team of the Seoul Southern
Korean fintech giant plans to create 10K Web3 jobs amid bear market – Crypto News
Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs in the next five years.The firm is
‘Nobody is holding them back’ — North Korean cyber-attack threat rises – Crypto News
North Korea-backed cyberattacks on crypto and tech firms will only become more sophisticated over time as the country battles prolonged economic sanctions and resource shortages. Former CIA analyst Soo Kim told CNN on July 10 that the process of generating overseas crypto income for
Infamous North Korean hacker group identified as suspect for $100M Harmony attack – Crypto News
The Lazarus Group, a well-known North Korean hacking syndicate, has been identified as the primary suspect in the recent attack that saw $100 million stolen from the Harmony protocol. According to a new report published today by blockchain analysis firm Elliptic, the manner in
North Korean Hacking Group Behind $100M Horizon Bridge Hack: Report – Crypto News
The Lazarus Group – a North Korean hacking group believed to be supported by the Kim regime – is likely behind last week’s hack of Harmony Bridge, according to new analysis by blockchain research firm Elliptic. Source link
South Korean prosecutors ban Terraform Labs employees from exiting the country: Report – Crypto News
Terraform Labs employees are reportedly unable to leave South Korea due to the country’s prosecutors imposing a departure ban on key developers of the project.On Monday, Korean media outlet JTBC reported that an investigation team from the Seoul Southern District Prosecutor’s Office imposed a travel
Korean exchanges agree on emergency system in case of Terra-style collapse – Crypto News
Korea's leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass.Under the new system, exchanges will convene to respond to sudden adverse market effects, such as
Major South Korean crypto exchanges delist Litecoin – Crypto News
Major cryptocurrency exchanges in South Korea have delisted Litecoin (LTC) weeks after flagging its privacy-focused MimbleWimble (MWEB) upgrade.In a public announcement on Wednesday, Upbit cited the Act on the Reporting and Use of Specific Financial Transaction Information, which prohibits anonymous transactions as the