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Korbit is first South Korean exchange to disclose full crypto reserves, post-FTX debacle

Korbit users and visitors will be able to view a side-by-side comparison of the amount of tokens the exchange owns and the amount...

FTX failure hits an already crypto-weary Korea

The bankruptcy of FTX has hit Korea as Korean investors suffer losses and other cryptocurrencies fall in sympathy with FTX's FTT coin. It is...

Korea’s PayProtocal to burn half of native digital coin PCI amid FTX crisis

PayProtocal will send its holding of 2.04 billion PCIs to a burn address to remove them from circulation over four transactions, said Danal, its...

Blockchain: South Korea’s blockchain firm launches the world’s first decentralized instant messenger

South Korea’s Blockchain Labs, which develops blockchain and cryptocurrency projects, has launched the very first decentralized instant messenger in the world called the “Block...

South Korea’s online KakaoBank to open accounts for Coinone exchange users this month

“ is in talks to provide verified real-name deposit and withdrawal account service to Coinone customers in November in order to provide stability...

[MAY] Nobody Covers the Front Desk at a DeFi Lobby

Decentralized Finance is one of the more prominently utopian ideals promulgated by diehard crypto revolutionaries. At its heart is the promise of frictionless exchange,...

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...

Korean conglomerates delve into digital asset market

On Friday, Ryu Young-sang, chief executive of SK Telecom, said in a shareholders meeting that the company plans to “adopt an economic system” to...

Incutek launches GGAEBI investment club

On the 26th, 'incutek', a unicorn platform for technology startups and investors, announced that it had launched the GGAEBI Investment Club. It has about...

YG announces strategic partnership with Binance to launch NFTs business

YG Entertainment, a leading K-pop management agency, said Tuesday it will jump into the burgeoning non-fungible tokens (NFTs) market in partnership with global blockchain...

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