Blockchain News

Huobi is the third global exchange to sign with the city of Busan in South Korea

A memorandum of agreement will be signed on Wednesday between the major cryptocurrency exchange Huobi Global and the city of Busan in South.

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Crypto News

S. Korean man receives four-year prison term for sexual assault in the metaverse

A 30-year-old South Korean man was recently given a four-year prison term for creating and storing content that was sexually exploitative of youngsters.

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Crypto News

Due to LUNA and UST collapse, the Korean government is considering imposing a Unified Listing Standard on cryptocurrency exchanges

According to the Korea Times, the South Korean government is shifting blame for the cryptocurrency terra (LUNA) and algorithmic stablecoin terrausd (UST) crashes.

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Crypto News

Korean crypto exchanges have issued cautionary statements on trading Luna

Following the crypto’s recent price drop, South Korea’s major exchanges have issued warnings about trading Luna (LUNA). Luna’s price has dropped 87 percent.

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Crypto News

The Travel Rule has been complied with by Korean crypto exchanges

South Korean cryptocurrency exchanges have met the government’s deadline to comply with the so-called Travel Rule, but not everyone in the business is.

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Crypto News

According to a UN report, North Korea uses stolen cryptocurrency to fund its missile program

According to a classified UN study, North Korea has been using bitcoin stolen from exchanges to fund its nuclear and ballistic missile programs..

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Crypto News

In a case of Bitcoin phishing in South Korea, Interpol issues a “purple notice.”

According to local media sources, South Korean police have given information on a crypto-related voice phishing case to Interpol after getting a purple.

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Crypto News

In its five-year strategy, South Korea plans to conquer the metaverse

On Thursday, South Korea’s scientific ministry unveiled a five-year plan to dominate the global metaverse race. South Korea wants to generate 40,000 metaverse.

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Crypto News

Lee Jae-Myung, South Korea’s Presidential Candidate, Says “Yes” to Crypto Donations

One of South Korea’s presidential contenders, Lee Jae-Myung, has stated that his campaign will accept crypto assets as donations for the first time.

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Crypto News

Major Korean Bank, Woori, Announces Digital Asset Custody Service

Major Bank Dabbling In Crypto According to The Korean Economic Daily report, dated 11th of July, Woori Financial Group announced launching digital asset.

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