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Cryptocurrency Adoption Skyrockets in South and Central Asia, Driven by Real-World Use Cases: Chainalysis
9.11.2023
Source: MyCreative/Adobe Cryptocurrency adoption is experiencing a significant surge in South and Central Asia, driven by the emergence of real-world use cases, according to blockchain intelligence firm Chainalysis. During a recent webinar discussing the Chainalysis 2023 Geography of Cryptocurrency...
Gaming Giant WeMade’s ‘Controversy-hit’ Token ‘Relisted’ in South Korea
9.11.2023
Source: terovesalainen/Adobe The South Korean gaming behemoth WeMade has scored a success by securing a new domestic crypto exchange listing for its WEMIX coin. Per Chosun Ilbo, the Gopax exchange began trading in WEMIX pairs from 5pm KST on November 8. Controversy struck for the coin and...
South Korean Police Shut Down ‘International Crypto Fraud’ Ring, Freeze $1.2m
8.11.2023
Source: Maksim Shmeljov/Adobe South Korean police have swooped on a group of suspected “international” crypto fraudsters, freezing over $12 million and arresting 49. Newsis reported that the Cyber Investigation Department of the Seoul Metropolitan Police Agency has “arrested a total of 49 people...
South African Financial Giant Says It Will Inject Capital Into ZARP Stablecoin Network
7.11.2023
South Africa’s Old Mutual Wealth and financial services provider Inves Capital recently revealed plans to inject liquidity into the ZARP stablecoin network. Inves Capital’s managing director said “crypto is entering a new phase” of growth and ZARP is set to “play...
South Korean telco to launch Web3 wallet with Aptos and Atomrigs Lab
7.11.2023
SK Telecom aims to expand its “affiliations with customer-preferred mainnets and decentralized applications (dApps)” using this tripartite agreement with the blockchain companies
South Korea’s Largest Mobile Operator Partners with Aptos and Atomrigs Lab to Offer Enhanced Web3 Experience
7.11.2023
SK Telecom , South Korea’s leading mobile operator, has partnered with Aptos and Atomrigs Lab to further develop its Web3 wallet service to offer enhanced experience to users. The collaboration aims to provide users with a seamless and secure experience in the web3 environment, focusing...
South Korean Police Swoop on Suspected Crypto Scam, Arrest 25
7.11.2023
South Korean police have shut down a firm at the center of a suspected crypto scam that allegedly duped 4,000 people out of their funds, arresting 25 people. Per Maeil Shinmun, the firm is thought to have amassed almost $14 million worth of fiat and crypto from its customers, with suspects detained...
Baldur’s Gate 3 je tak populární, že se dočkala i zesměšnění v South Parku
6.11.2023
Z letošní videohry Baldur’s Gate 3 už je oficiálně popkulturní fenomén. Ještě nedávno pozapomenutá značka se totž dočkala i vtipné narážky v posledním dílu kultovního seriálu South Park
Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange
1.11.2023
South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange. According to a notice issued by Busan City and reported by MarsBit news, the selection process for operators for the Busan Digital Asset Exchange is currently underway. Busan Digital...
Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report
31.10.2023
Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
31.10.2023
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content such as explicit images of children
South Korea’s New Crypto Crime Investigation Unit Is Already ‘Overloaded’
31.10.2023
A South Korean prosecution unit dedicated to investigating crypto crime is already “overloaded” with cases, just over a year after launching. The unit operates as part of the Seoul Southern District Prosecutors’ Office and was formerly known as the Financial and Securities Crime...
Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
30.10.2023
Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and he had nothing to do with it
South African Crypto Platform Pins Hope on ‘Phased Asset Recovery’ Proposal
30.10.2023
A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged regulators whom it hopes will help expedite resolution...
South Koreans Fascinated With Altcoins More Than Americans, Research Shows
28.10.2023
South Korean crypto traders are more inclined to invest in high-risk, high-reward altcoins than their American counterparts, according to a new report. The share of major cryptocurrencies like bitcoin and ethereum in the trading volumes on the largest Korean exchange is much smaller than the...
Bitcoin Skyrockets, Yet South Korea Experiences a ‘Kimchi Discount’ Instead of the Usual Premium
27.10.2023
Bitcoin has soared, doubling its value since the start of the year. Yet, intriguingly, the famed “Kimchi premium” in South Korea remains absent in this current surge of bullish activity. This is a notable deviation from previous bull markets, where the phenomenon was prominently...
South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research
27.10.2023
Koreans trade differently to the rest of the world, market data shows
Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%: Research
27.10.2023
Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%. According to recent research by DeSpread, Upbit’s market dominance has remained strong throughout the year, with a brief dip to 70%...
Senior Public Officials in South Korea Declare Crypto Holdings
26.10.2023
Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province’s efforts to ensure transparency among its government employees to avoid conflict of interest. Gyeonggi province announced that it...
Sui token struggles to regain despite denial of 'unfounded' allegations
19.10.2023
The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea