Tag: Koreas

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South Korea’s Korbit exchange is now part of the $1 tillion Mirae Group family

Korbit, South Korea's first homegrown crypto exchange founded in 2013, now has a new home and its a traditional finance behemoth.The exchange announced Thursday...

AI frenzy losing steam leaves BTC price less volatile than South Korea’s Kospi: Crypto Daily

For bitcoin supporters, the reality that BTC is steadier than the Kospi is a notable victory. Still, the largest cryptocurrency remains twice as volatile...

South Korea’s new economic roadmap is a massive bet on blockchain technology

South Korea plans to update its 76-year-old national asset management system to formally include virtual currencies and intellectual property in the country’s definition of...

Crypto consolidates after selloff as South Korea’s market meltdown drives crypto volumes higher

Bitcoin BTC$62,749.82 consolidated following Monday's selloff, trading at $62,600 after tumbling from $64,400 to $61,800 over the course of 24 hours.Ether (ETH) tracked the...

OKX Ventures buys $53 million stake in Korea’s Coinone exchange

OKX Ventures, the investment arm of crypto exchange OKX, will invest 80 billion won ($53 million) for a 19.6% stake in South Korean cryptocurrency...

Samsung is buying a $408 million stake in South Korea’s biggest crypto exchange

Three Samsung affiliates agreed to buy a 4% stake in Dunamu, the operator of South Korea's largest cryptocurrency exchange, Upbit, for a total of...

Petition Against South Korea’s 22% Crypto Tax Hits 50K Threshold

A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and...

Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address

Bank of Korea Governor Shin Hyun-song used his first address in office to prioritize central bank digital currencies (CBDCs) and bank-issued deposit tokens, while...

North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit

Less than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to...

XRP-linked Ripple partners with Korea’s Kyobo Life to tokenize government bonds

Ripple said this week it had partnered with Kyobo Life Insurance, one of Korea's largest life insurers, to tokenize government bond settlement using the...

South Korea’s Central Bank Pitches Crypto ‘Circuit Breakers’

South Korea’s central bank says crypto exchanges should have their own “circuit breakers” that halt trading to prevent a repeat of the market fallout...

How North Korea’s 6-month long secret espionage program has crypto community rethinking security

When Drift disclosed the details behind its $270 million exploit, the most unsettling part wasn’t the scale of the loss — it was how...