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Sun, October 1, 2023 | 22:15
Korea's largest crypto exchange sold fake assets
Korea's largest crypto exchange sold fake assets
Counterfeit cryptocurrencies were sold as genuine assets on Upbit, Korea's largest crypto exchange. After an internal review, Upbit is now working to bring those back.
2023-09-26 16:55
NK hackers ramp up use of Russian exchanges for crypto laundering: report
NK hackers ramp up use of Russian exchanges for crypto laundering: report
North Korean-linked hacking groups are increasingly using Russian-based exchanges to launder crypto assets, according to cryptocurrency analytics platform Chainalysis.
2023-09-20 14:13
Lukewarm crypto sentiment to pull down exchanges' earnings in 2023
Lukewarm crypto sentiment to pull down exchanges' earnings in 2023
Korea's major crypto exchanges appear likely to continue reporting lukewarm earnings even in the latter half of this year, as fewer investors appear to be betting on an a market recovery occurring anytime soon.
2023-09-05 08:32
Ex-Bithumb research chief takes on new role at think tank
Ex-Bithumb research chief takes on new role at think tank
Lee Mi-seon, a renowned fixed-income market analyst, has taken on a new role as head of research at Hashed Open Research. The think tank is operated by Korea's representative blockchain venture capital firm, Hashed.
2023-09-04 08:23
Ambiguous delisting rule sparks concern across crypto industry
Ambiguous delisting rule sparks concern across crypto industry
Investors are crying foul over an unclear delisting rule on certain cryptocurrencies, as they may end up facing unwanted financial losses when local crypto exchanges make abrupt decisions.
2023-08-30 16:29
Small startups unlikely to win crypto exchange operator licenses
Small startups unlikely to win crypto exchange operator licenses
Small startups with little capital will no longer be able to launch crypto exchanges here, as only those with a reserve fund of at least 3 billion won ($2.27 million) can operate crypto exchanges from September.
2023-08-29 15:35
Dunamu's Upbit D Conference to attract global blockchain gurus
Dunamu's Upbit D Conference to attract global blockchain gurus
Global blockchain experts, including gurus of Ethereum and Solana, will attend the Upbit D Conference (UDC), according to Upbit's operator Dunamu, Tuesday.
2023-08-22 15:32
Crypto exchanges suffer deficits amid prolonged bearish sentiment
Crypto exchanges suffer deficits amid prolonged bearish sentiment
Most Korean crypto exchanges suffered deficits in the second quarter of this year, hit hard by a fall in trading commission revenues amid a prolonged bearish market sentiment.
2023-08-21 16:45
'Parasite' producer, Lambda256 utilize NFT for sustainable movie community
'Parasite' producer, Lambda256 utilize NFT for sustainable movie community
Barunson E&A, the producer of the Oscar-winning film, “Parasite” (2019), is embarking on a fresh journey by building a sustainable movie community ― powered by blockchain and non-fungible tokens (NFT). But the focus is less on generating financial gains or jumping on the once-prevalent NFT hype.
2023-08-18 08:31
Binance faces bumpy road in Korea
Binance faces bumpy road in Korea
Binance, the world's largest crypto exchange, is facing difficulties in its expansion in Korea, as financial authorities have not granted approval for the company's acquisition of the nation's fifth-largest exchange, GOPAX.
2023-08-11 17:40
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Top 10 Stories
1[INTERVIEW] Risk-averse culture is forcing daring creators to flee showbiz INTERVIEWRisk-averse culture is forcing daring creators to flee showbiz
2Koreans adapt to soaring food prices Koreans adapt to soaring food prices
3[PHOTOS] Trapped along borders PHOTOSTrapped along borders
4Education ministry prohibits parents from recording classes Education ministry prohibits parents from recording classes
5[VIDEO] Bustling Chuseok: Namsan Hanok Village immerses visitors in Korea's rich traditions VIDEOBustling Chuseok: Namsan Hanok Village immerses visitors in Korea's rich traditions
6Builders vie for leadership in modular construction Builders vie for leadership in modular construction
7Are 'finfluencers' helping or harming investment community? Are 'finfluencers' helping or harming investment community?
8Value, consumer goods, financial stocks expected to gain momentum after Chuseok holiday Value, consumer goods, financial stocks expected to gain momentum after Chuseok holiday
9[INTERVIEW] ROK-US alliance is win-win partnership: KUSAF chief INTERVIEWROK-US alliance is win-win partnership: KUSAF chief
10Over 30,000 protesters march for climate actions Over 30,000 protesters march for climate actions
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