Tag: Korea

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Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71...

North Korea terror victims escalate fight to seize $71 million from Aave hack

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new...

Aave asks court to block $71 million crypto seizure tied to North Korea claims

Leading decentralized lending platform Aave has asked a U.S. federal court to block an attempt by victims of North Korean terrorism to seize about...

South Korea Crypto Industry Pushes Back on AML Rule

South Korea’s crypto industry has reportedly warned that proposed Anti-Money Laundering (AML) rule changes could create operational confusion by forcing virtual asset service providers...

Bithumb’s six-month suspension in South Korea is overturned by local judge

A South Korean court overturned Bithumb’s six-month partial business suspension Thursday, according to Yonhap News.The news agency cited legal sources, saying that the 2nd...

South Korea Seeks 20-Year Sentence for Delio CEO Over $169M Crypto Fraud

South Korean prosecutors have requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against...

Korea Ramps Up 2027 Crypto Tax Prep Amid Abolition Push

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korea’s tax authority has begun preparations to implement its 20-22% tax...

Ripple Scores New Korea Banking Deal With K Bank Partnership

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korea’s internet-only lender K bank has signed a strategic partnership with...

North Korea Tied to Heists Worth $578M in April After Kelp DAO Exploit

Kelp DAO suffered a $292 million hack on Saturday, overtaking Drift as the largest crypto exploit of the year so far. North Korea-linked hackers...

South Korea to Test Deposit Tokens for Government Spending

Nine major banks will participate in the pilot, which replaces government purchase cards with programmable blockchain-based payments starting in Q4.South Korea's Ministry of Economy...

South Korea to pilot blockchain deposit tokens for government spending in Q4

South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter as part of a...

Crypto Payments Just Changed In South Korea — Will This Avalanche Bet Rewrite The Rules?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A South Korean payment firm has teamed up with Avalanche to create...