Tag: Korean Government
Haru Invest files criminal complaint against consignment operator
B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru Invest of submitting fraudulent management reports...
Web3-based M2E platform ForTheDog opens APP and now recruiting Beta Testers
For The Dog (FTD), a Web3 Move to Earn (M2E) platform that began development in 2022 with the slogan "For happier and healthier You...
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
Haru Invest, a South Korean firm which promised double-digit yields on its digital asset savings products, has paused withdrawals and deposits, citing issues with...
Saudi Arabia and South Korea Join Hands to Establish More Blockchain Gaming
Saudi Arabia Wants to Lead Blockchain Gaming Initiatives
In a recent statement, a representative from the Ministry of Investment in Saudi Arabia said:
We are very...
Blockchain technology on path to becoming more publically accessible
Lambda256, a blockchain subsidiary of Korea's dominant crypto exchange operator Dunamu, expects its representative blockchain platform ― Luniverse ― to gradually expand its footing...
South Korea Proposes System To Freeze Funds On Binance, Top Crypto Exchanges
South Korea’s National Police Agency plans to enable a system with real-time wallet address monitoring and freeze funds functions. The police agency to hold...
South Korea Passes Bill Mandating Lawmakers Disclose Crypto Assets
South Korea’s National Assembly unanimously passed a bill that will mandate lawmakers and other high-ranking government officials to declare their digital asset holdings.
Each of...
North Korean crypto thefts target Japan, Vietnam, Hong Kong
North Korea is using cyberattacks to target Japanese cryptocurrency assets. Hacker groups affiliated with North Korea have stolen $721 million from Japan since...
The Web3 Glitch hackathon to hold a conference simultaneously and invite 50 global leaders
Web3 venture studio Trinity is hosting a Glitch hackathon from May 19 through May 21 at the Hana Global Campus in Incheon. Trinity stated...
Crypto exchanges Upbit, Bithumb raided over lawmaker’s cryptocurrency scandal
Prosecutors raided two of South Korea's local cryptocurrency exchanges Monday as part of an investigation into the snowballing suspicions surrounding independent lawmaker Kim Nam-kuk's...
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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...
