korean

Wemade, a South Korean gaming firm, launches $100m web3 fund

Noah RyptonDec 23, 20232 min read

Fostering web3 adoption South Korean video game developer Wemade Co. has partnered with Singapore-based investment firm Whampoa Digital to launch a $100 million web3 fund. The…

Wemade, a South Korean Game Publisher, Introduces a $100 Million Blockchain Investment Fund

Demian CrypterDec 22, 20233 min read

South Korean Game Publisher Wemade Launches $100M Web3 Fund South Korean game publisher Wemade has partnered with Singapore-based investment firm Whampoa Digital to launch a $100…

South Korean Supreme Court Sentences Crypto Fraudster to 10 Years in Prison, Seizing $153m

Wyatt NewsonDec 20, 20232 min read

South Korean Supreme Court Upholds 10-Year Jail Sentence for Crypto Fraudster A crypto fraudster in South Korea has been sentenced to 10 years in jail for…

Founder of Astar Network Emphasizes Increased Focus on Korean Market Following Upbit Listing

Theon BarrettDec 18, 20232 min read

Astar Network Token Surges Following Listing on Upbit The native cryptocurrency of the Astar Network, ASTR, experienced a significant surge of over 25% shortly after being…

Struggle for Survival: South Korean Crypto Exchanges Fight Amidst Upbit’s Declining Dominance

Wyatt NewsonDec 18, 20233 min read

Tectonic Rift Threatens Upbit’s Dominance A major shift in the South Korean crypto exchange landscape is causing tensions among domestic platforms, with Upbit facing a significant…

Significant 262% Increase in Creditcoin Price Following Upbit’s Listing on Korean Won Market

Cino GaperiDec 12, 20232 min read

CreditCoin Token Listed on Upbit If you’re a crypto enthusiast, you’ll be interested to know that Upbit, the largest cryptocurrency exchange in South Korea, recently announced…

South Korean Regulatory Authority Exempts NFTs from Cryptocurrency Legislation

Wyatt NewsonDec 11, 20232 min read

NFTs Excluded from South Korean Crypto Regulations South Korean financial regulators have announced that non-fungible tokens (NFTs) will not be subject to the same regulations as…

Increasing Number of Prominent South Korean Exchanges Add USDT to Their Listings

Wyatt NewsonDec 8, 20233 min read

Major South Korean Exchanges List USDT as Trading Volumes Rise Bithumb, the second-largest crypto exchange in South Korea, has added support for the US dollar-pegged stablecoin…

Report: Bitcoin Rally Leads to Korean Won Surpassing Dollar as Leading Fiat Trading Pair

Wyatt NewsonDec 6, 20232 min read

South Korean Traders Drive Bitcoin Price Surge South Korean crypto traders have played a significant role in driving up the price of Bitcoin by over 50%,…

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