Crypto Exchange GDAC Halts Deposits and Withdawals Following $13 Million Hack
Hackers drained almost $13 million worth of digital assets from the South Korean cryptocurrency platform GDAC. This is the latest in a string of setbacks the industry went through. The…
Crypto Layoffs Keep Piling up: Messari Dismisses 15% of its Headcount
Messari – a leading provider of blockchain research and data analysis based in South Korea – added its name to the long list of crypto-focused companies that axed their workforce…
BREAKING: This government announces system to track all Bitcoin, Ethereum and crypto transactions worldwide
A new crypto tracking system will be introduced to the South Korean crypto industry to curb illegal crypto transactions and money laundering. 75 percent of Illegal foreign exchange transactions are…
Bithumb Offices Raided as Legal Woes Pile up (Report)
More troubles for South Korean crypto exchange Bithumb brews as its offices were reportedly raided on Thursday. Authorities launched an investigation into potential price manipulation of a coin listed on…
Today in Crypto: Digital Assets Subcommittee in the US, Iran’s and Russia’s Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison
Source: AdobeStock / Andrea Izzotti Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Politics news US…
Today in Crypto: Coinbase to Close Down Most Japanese Operations, Voyager Granted Initial Approval to Sell Assets to Binance.US, Ledger Integrates ‘Cometh Battle’ Card Game
Source: AdobeStock / 24K-Production Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Exchange news Coinbase will…
Today in Crypto: Traders at an Institutional Crypto Firm Targeted by Hackers Since July 2022, Huobi Korea to Reportedly Cut Ties with Huobi Global
Source: AdobeStock / vegefox com Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Security news In…
Researchers: Trust Will Return to Crypto Markets in 2023 – For These Reasons
Source: Funtap/Adobe Researchers at the South Korean crypto exchange Bithumb have predicted that trust will return to crypto markets next year – and have outlined three key reasons shaping their…
Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga
Terra co-founder Do Kwon, wanted by South Korean authorities, seems to live in a digital-era James Bond movie. The businessman, whose whereabouts are currently unknown, reacted via Twitter to Interpol…
South Korean ministry recommends enactment of special Metaverse laws
The Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue…