Leading cryptocurrency exchange Bithumb lands in a legal hot soup as the South Korean government initiated a probe, involving an exchange of $40 billion in Bitcoin, which the trading platform…
Ripple Labs is entering South Korea with a $300 million venture fund collaborating with VivoPower and Lean Ventures. Both firms are headquartered in Seoul and are among the country’s leading…
Tesla’s Korea sell-off has actually reached $657 million in August 2025, and this marks the largest monthly outflow since early 2023 as Korean retail investors are now pivoting to cryptocurrency…
In brief
A hacking syndicate allegedly stole $28.1 million (₩39 billion) from financial and crypto accounts of 258 wealthy Koreans, including celebrities and top business executives.
The largest single crypto theft reached…
In brief
The sanctions provide some insight into North Korea’s sophisticated, globe-spanning IT worker operation.
The operation has raised hundreds of millions of dollars for the pariah state over the last several…
How is the stablecoin framework evolving in South Korea? …
Coinbase, the world’s third-largest cryptocurrency exchange by volume, has come under a wave of threats from North Korean hackers seeking remote employment with the company.North Korean IT workers are increasingly…
In brief
South Korea has temporarily suspended new crypto lending services, citing a lack of user protection.
This development comes after a recent incident at Bithumb that resulted in widespread liquidations.
Analysts suggest…
South Korea’s top financial regulator ordered crypto exchanges to suspend new digital asset lending services, citing mounting risks and highlighting a need for clear rules. The Financial Services Commission (FSC) said…
South Korea’s Financial Services Commission (FSC) has ordered exchanges to suspend new crypto lending products until formal guidelines are in place, citing mounting risks to users and market stability.Regulators pointed…