korean

Investigation Launched by South Korean Agencies into $82M Orbit Bridge Hack Amidst Allegations of Lazarus Group’s Participation

Wyatt NewsonJan 5, 20242 min read

Orbit Bridge Exploited for $82 Million The main bridge for the Claytont ecosystem, Orbit Bridge, was hacked just hours before the new year, resulting in a…

Arrest of Alleged OTC Crypto Thief by South Korean Police

Wyatt NewsonJan 4, 20242 min read

South Korean Police Arrest Suspected OTC Crypto Thief South Korean police have apprehended an individual believed to be involved in a fraudulent over-the-counter (OTC) crypto exchange.…

Wemade, South Korean Gaming Giant, Confronts $41 Million Tax Obligation for Crypto Ventures

Blount CharlestonJan 4, 20242 min read

South Korean Gaming Company Faces $41 Million Tax Demand The South Korean gaming company Wemade, known for its involvement in blockchain gaming, has received a massive…

Banning Credit Card Purchases of Cryptocurrency: South Korean Watchdog Takes Action

Bernard NicolaiJan 4, 20243 min read

The Financial Services Commission (FSC) of South Korea Expresses Concerns About Credit Card Transactions on Foreign Crypto Exchanges The Financial Services Commission (FSC) of South Korea…

WeMade, South Korean Gaming Giant, Ordered to Settle $41 Million Cryptocurrency Tax Bill

Wyatt NewsonJan 3, 20242 min read

South Korean Gaming Firm WeMade Hit with $41M Tax Bill The National Tax Service (NTS) in South Korea has issued a $41 million tax bill to…

Compulsory Declaration of Cryptocurrency Holdings Imposed on 290,000 South Korean Public Sector Workers

Wyatt NewsonJan 3, 20242 min read

South Korean Public Sector Workers Must Declare Crypto Holdings A new rule in South Korea will require around 290,000 public sector workers, including their spouses and…

South Korean blockchain Klaytn embraces gold-backed RWA DeFi platform

Theon BarrettJan 2, 20242 min read

Klaytn Onboards Gold-Pegged Coin and Goldstation on Its Blockchain The Klaytn Foundation, the organization behind the Klaytn blockchain, has announced its collaboration with $GPC (Gold-Pegged Coin)…

Hashed, a South Korean Cryptocurrency Venture, Invests $28.44 Million in Global Blockchain Projects

Owen PatterJan 2, 20242 min read

Hashed Invests $28.44 Million in Blockchain Projects Despite Crypto Winter Despite the challenges of the crypto winter, Hashed, South Korea’s leading crypto venture, has invested a…

Tracking Down Owners of $206M Worth of Cryptocurrency: South Korean Exchange’s Search

Wyatt NewsonDec 31, 20232 min read

Bithumb Launches Campaign to Find Dormant Crypto Owners The South Korean crypto exchange Bithumb is on a mission to locate the owners of $206 million worth…

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