Category: Korean
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Stolen Millions Converted To Ether, Experts Suspect North Korean Involvement
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The cryptocurrency world has been hit by another high-profile security breach, this time targeting one of India’s largest cryptocurrency exchanges, WazirxThe incident, which occurred on July 18, 2024, resulted in the theft of digital assets worth $234 million, raising concerns about the safety and stability of the cryptocurrency ecosystem. WazirX…
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Stolen Millions Converted To Ether, Experts Suspect North Korean Involvement
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The cryptocurrency world has been hit by another high-profile security breach, this time targeting one of India’s largest cryptocurrency exchanges, WazirxThe incident, which occurred on July 18, 2024, resulted in the theft of digital assets worth $234 million, raising concerns about the safety and stability of the cryptocurrency ecosystem. WazirX…
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South Korean Crypto Gain Taxation May Be Delayed Until 2028 Amidst Investor Concern
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The South Korean government’s plan to implement a 20% cryptocurrency gains tax has faced repeated delays, with the latest proposal suggesting it be postponed until 2028. This potential seven-year delay to South Korea’s crypto tax has sparked debate about the country’s approach to regulating cryptocurrencies and the impact on the…
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Spouse Of Do Kwon Scores Major Victory In South Korean Court
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While Do Kwon’s extradition has yet to be decided in Montenegro, Terraform Labs founder Lee’s wife has won a major legal victory against the South Korean state. The court ruled that some real estate shares and subscription rights in Officetel, previously seized in Lee’s name, should not be subject to…
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Spouse Of Do Kwon Scores Major Victory In South Korean Court
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While Do Kwon’s extradition has yet to be decided in Montenegro, Terraform Labs founder Lee’s wife has won a major legal victory against the South Korean state. The court ruled that some real estate shares and subscription rights in Officetel, previously seized in Lee’s name, should not be subject to…
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South Korean Think Tank Warns Against Approving Crypto ETFs
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Source: Finance Magnates The debate over the approval of cryptocurrency-linked exchange-traded funds (ETFs) in South Korea has taken an interesting turn, with a prominent economic think tank warning of the potential risks associated with such products. The Korea Financial Institute, a respected research institution, has He expressed Concerns that the…
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South Korean Think Tank Warns Against Approving Crypto ETFs
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Source: Finance Magnates The debate over the approval of cryptocurrency-linked exchange-traded funds (ETFs) in South Korea has taken an interesting turn, with a prominent economic think tank warning of the potential risks associated with such products. The Korea Financial Institute, a respected research institution, has He expressed Concerns that the…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…