The Bank of Korea (BoK) to Test Wholesale Central Bank Digital Currency (CBDC) The Bank of Korea (BoK) has announced plans to conduct a test of…
South Korea Launches CBDC Pilot Program The Bank of Korea (BOK) has announced that it will launch a pilot project to explore the technical infrastructure for…
The Lazarus Group Holds $47 Million in Cryptocurrencies, Primarily Bitcoin The Lazarus Group, a state-backed North Korean cybercrime entity, currently holds around $47 million in cryptocurrencies,…
Upbit Users Report Receiving APT Tokens Without Consent According to reports from Korea, several Upbit users have reported receiving APT tokens without taking any action. Upbit…
Upbit Suspends Deposits and Withdrawals After Mistaking Scam Token for Legitimate Ones The largest centralized cryptocurrency exchange in South Korea, Upbit, temporarily halted deposits and withdrawals…
Busan Develops Its Own Blockchain Mainnet Busan, South Korea’s second-largest city, is taking steps to become a “Blockchain City” by developing its own blockchain mainnet. Alongside…
Busan Aims to Become a Global Blockchain Hub In an unprecedented move, Busan, South Korea’s major port city, is striving to establish itself as a global…
Busan’s Ambitious Project to Become a Blockchain City Busan, the second-largest city in South Korea, has embarked on an ambitious project to transform itself into a…
The Crypto OTC Market in South Korea Under Regulatory Scrutiny South Korean authorities are directing their attention towards the unregulated crypto over-the-counter (OTC) market, as reported…
