Tag: South Korea
Haru Invest Stops Deposits and Withdrawals from its Platform
Reading time: < 1 minuteHaru Invest has announced that it is temporarily suspending deposits and withdrawals due to “issues with service partners.”
Tech Giant Samsung and the Bank of Korea Intend to Test Digital Won in Offline Payments
Reading time: < 1 minuteSamsung Electronics and the Bank of Korea (BOK) have signed a memorandum of understanding to continue researching the use of CBDC technology for offline payments.
Coinone Employees Are Arrested By South Korea’s Police
Reading time: < 1 minuteA Seoul Southern District Court Judge, Kim Ji-sook, issued an arrest warrant on Monday for two employees of the South Korean cryptocurrency exchange Coinone.
Hackers Withdraw $13M from Korean Crypto Exchange Gdac
Reading time: < 1 minuteThe administration of trading platform Gdac has recently confirmed that hackers managed to steal around $13 million worth of cryptocurrencies from the exchange’s hot wallet.
South Korean Prosecutor’s Office Finds $314M Reportedly Linked to Do Kwon and Terraform Labs
Reading time: < 1 minuteThe South Korean prosecutor’s office has revealed that TerraForm Labs (TFL) had illegally acquired 414.5 billion KRW (~$314.2 million), including 91.4 billion KRW (~$69 million) belonging to its founder, Do Kwon.
Criminal Transactions in South Korea Exceed $4 Billion
Reading time: < 1 minuteThe South Korean Customs Service has reported that the amount of criminal transactions involving digital currencies in 2022 amounted to $4.3 billion.
South Korea Blacklists North Korean Hackers
Reading time: < 1 minuteThe South Korean authorities have recently included in its sanctions list a number of North Korean hacker groups.
South Korea’s Watchdog Will Treat Security Tokens as Securities
Reading time: < 1 minuteSouth Korea’s Financial Services Commission (FSC) has recently published guidelines on security tokens.
South Korea is Developing a Service to Control Cryptocurrencies
Reading time: < 1 minuteThe South Korean Ministry of Justice will release in the first half of the year a service to control digital currency transactions.
Korea’s Authorities Put Bithumb Owner on List of Wanted People
Reading time: < 1 minuteThe Seoul Prosecutor’s Office has issued an arrest warrant for Kang Jong-Hyun, owner of crypto exchange Bithumb.
