CoinDesk “Hashed, Luna’s loss estimated at 4 trillion won”
CoinDesk reports that Hashed's Luna loss is estimated to be more than $3.5 billion (4.473 trillion won). Citing on-chain data, the media speculated that...
South Korea to establish crypto framework by 2024
The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a...
Luna’s CEO Kwon Do-hyung’s spouse requested ’emergency protection’
Police are investigating a report that an unknown person visited the home of Terraform Labs CEO Kwon Do-hyung and rang the doorbell. CEO Kwon's...
This South Korean Metaverse Giant Plans To Expand Into Europe
During a first-quarter call, South Korea’s largest telecom operator said it will introduce an open platform and crypto-economic system for Ifland. Moreover, the company...
Here’s How South Korea Is Preparing To Become Next Crypto Hub
South Korean President Elect Yoon has big plans for Crypto
The ICO approval is one out of the 110 tasks that the president’s administration is...
8 More Firms Designated as Conglomerates, incl. First Crypto Exchange Operator
South Korea's antitrust regulator has added eight firms, including the leading cryptocurrency exchange operator, to a list of 76 companies required to disclose information...
Korean Investors Own W7 Trillion Worth of Bitcoins
Korean investors own more than W7 trillion worth of Bitcoins (US$1=W1,244). According to data from cryptocurrency exchanges Upbit, Bithumb, Coinone and Korbit on Sunday,...
First-Ever Smart Contract Allowing Cryptoasset Recovery
Currently, the moment you lose your private key your cryptocurrency effectively loses its value as long as you cannot remember it.
For example, if you...
Bithumb Shareholder Becomes the Effective Owner of Hanbitco
Bithumb Korea's shareholders, KOSDAQ registered company T Scientific, became the effective owner of Hanbitco, a domestic virtual asset exchange.
According to the electronic disclosure system...
Shinhan Bank Issues Corporate Won Accounts for Virtual Asset Transactions
Shinhan Bank issued corporate won accounts for virtual asset transactions to cryptocurrency exchange Korbit on April 7, the first case since the implementation of...
LATEST ARTICLES
Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
