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South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb, two South Korean crypto exchanges, have agreed to compensate users for technical…
BTC
Bitcoin
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Bithumb announced that it will be launching $TRUMP meme coin on its platform with a base price of 53,350 won three days after its official launch. Bithumb, South Korea’s second largest crypto exchange, will launch the official Trump meme coin,…
TRUMP
Official Trump
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Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won…
USDT
Tether
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Crypto exchange Upbit may be penalized for allegedly breaking South Korean financial regulations.
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South Korea’s regulator is about to suspend Upbit’s operations, citing the exchange’s failure to properly implement KYC processes. South Korea‘s financial regulator, the Financial Intelligence Unit, has notified Upbit, the country’s largest crypto exchange, of a potential suspension over violations…
News
South Korea kicks off talks on the second phase of crypto regulations, focusing on stablecoins and user protection, with a draft expected by mid-2025. South Korea‘s financial regulator, the Financial Services Commission, has officially started working on the second phase…
News
In a joint statement, the U.S., Japan, and South Korea highlight the growing threat posed by North Korean cyber actors to the global crypto sector. The United States, Japan, and South Korea have warned the blockchain industry about North Korean…
News
Bithumb, South Korea’s second largest crypto exchange, is dropping NongHyup Bank in favor of Kookmin Bank as part of its efforts to tap into the mainstream market. According to a report by The Korea Times on Jan. 13, Bithumb will…
News
South Korea’s Cube Entertainment is under scrutiny after its CEO, Kang Seung-gon, was accused of allegedly misleading investors into a cryptocurrency investment that resulted in significant financial losses. A coalition of investors has accused Kang of promoting Nestree, a cryptocurrency…
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South Korea’s major exchange enables trading with SAFE KRW and KRW markets, emphasizing network-specific guidelines. Bithumb, a prominent cryptocurrency exchange based in South Korea, has introduced new trading pairs for Sonic SVM and AHT. AHT (AHT) is now available for…
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South Korea considers easing restrictions on corporate crypto trading, with plans to gradually issue real-name accounts to institutional investors. South Korea is set to allow corporations to invest in cryptocurrencies as the Financial Services Commission is considering a gradual approach…
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South Korean conglomerate Lotte Group has tapped the Ethereum layer 2 network Arbiturm to enhance its artificial intelligence-driven metaverse platform, Lotte Caliverse. Announced at CES 2025, Arbitrum’s blockchain, with its 250ms block times, is described by Steven Goldfeder, CEO of…
News
A recent survey shows that while Bitcoin remains the most preferred crypto among South Korean investors, Ripple has surpassed Ethereum in popularity. Bitcoin (BTC) remains the favorite cryptocurrency among South Korean investors, while XRP (XRP) has surpassed Ethereum (ETH) in…
News
Bithumb, one of South Korea's leading cryptocurrency exchanges, has transformed its now-defunct subsidiary, Bithumb Meta, into Bithumb Partners.Â
News
Two South Korean men have been implicated in a case of price manipulation on the crypto exchange Bithumb. The two men allegedly gained nearly $5 million from manipulating the price of the Fusionist token, ACE. According to a Jan. 3…
News
Chairman of the South Korea Exchange, Jeong Eun-bo, said the exchange wants to ‘explore’ crypto spot ETF approval in 2025. The country’s FSC also wants to allow companies to launch security token offerings. According to South Korean media outlet The…
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