South korea

South Korean Exchange Bithumb Accidentally “Gives Away” $40B in Bitcoin in Promotional Blunder

In one of the most unusual incidents in crypto history, Bithumb, a major South Korean cryptocy exchange, mistakenly credited users with hundreds…

4 weeks ago

Hyundai Group Receives Bomb Threat Demanding 13 Bitcoin Ransom

Hyundai Group evacuated hundreds of employees from two major Seoul headquarters on Friday after receiving a bomb threat via email…

2 months ago

Flow Blockchain Probes Security Incident as FLOW Token Plunges Over 40%

The Flow Foundation announced Saturday that it is investigating a potential security incident affecting its Layer 1 blockchain, prompting major…

2 months ago

South Korean Police Officers Indicted for Accepting Bribes From Illegal Crypto Exchange Operators

A South Korean police superintendent and senior officer have been indicted for allegedly accepting bribes from crypto operators who ran…

3 months ago

South Korea’s First Won-Pegged Stablecoin KRW1 Launches on Avalanche

South Korea's crypto custody service provider BDACS announced Thursday that it has launched KRW1, a stablecoin fully backed by the South…

6 months ago

South Korean Lawmaker Proposes Stablecoin Licensing Regime in New Comprehensive Crypto Bill

A South Korean lawmaker unveiled a new bill on Tuesday to further establish a regulatory framework around crypto, including a…

9 months ago

South Korea to Start Lifting Ban on Corporations Trading Crypto

South Korea's Financial Services Commission (SFC) plans on lifting a ban that prevented institutions trading crypto in response to the…

1 year ago

Gwacheon City in South Korea Introduces System to Seize Crypto From Tax Dodgers

The Gwacheon City in South Korea will roll out a virtual asset electronic seizure system next month to track and…

1 year ago

South Korea Launches Real-Time Crypto Surveillance System

The Financial Supervisory Service (FSS) of South Korea has declared the opening of a 24-hour surveillance system with the goal…

2 years ago

The Real Shitcoin: South Korean Toilet Turns Feces into Digital Currency

Students at a South Korean university can earn a digital cy called Ggool when they use the toilet. Their excrement…

2 years ago