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South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore
18.10.2023
Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has established itself as a crypto hub. Upbit Singapore...
Korean Giant SK Telecom Releases Crypto Wallet With CryptoQuant as Partner
18.10.2023
The wallet will feature on-chain data analysis tools that may inform users' market decisions
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
18.10.2023
The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to make or receive payments. Harnessing Visa’s...
South Korean Regulator to Establish Standards for Issuance and Distribution of Crypto
18.10.2023
South Korea’s Financial Supervisory Service (FSS) is looking to establish comprehensive guidelines for the issuance and distribution of cryptocurrencies to enhance the Virtual Asset Users Protection Act passed earlier this year.
Under this new legislation, authorities are mandated to formulate...
South Korean regulator outlines steps to enhance digital asset legislation
17.10.2023
The Virtual Asset Users Protection Act was passed in June without a sufficient regulatory framework, the head of South Korea’s Financial Supervisory Service said
Sui Foundation Calls Report of Supply Manipulation 'Materially False'
17.10.2023
SUI, the native token of the blockchain that was built by former Meta (META) employees, has tumbled by 5% on Tuesday after the community raised concerns over whether the team had been selling staking rewards on Binance
South Korean ‘Crypto Killers’ May Face Death Penalty
17.10.2023
South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings.
The incident took place in the affluent Gangnam District in Seoul in March this year.
The woman is believed to have worked...
Today in Crypto: Jack Dorsey's Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY Developing Blockchain-based Recycling-focused Tech
16.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Jack Dorsey's Block Acquires Music-Centric Startup Hifi, VALR Exchange Partners With Visa, DFINITY...
Bitcoin Events Announces Crypto Fest 2023: Connecting Crypto and Blockchain Enthusiasts
16.10.2023
PRESS RELEASE. On the 24th of November, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the most prominent events in the blockchain...
Tax Report Unveils Hundreds of South Korean Crypto Whales
16.10.2023
Data from a new South Korean tax report has revealed details of hundreds of crypto whales with millions of USD worth of coins on overseas crypto exchanges.
New tax rules that came into force this year require crypto holders to declare their holdings on foreign crypto platforms....
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South Korean exchange Upbit gets initial license nod from Singapore
16.10.2023
Upbit Singapore scored initial approval from the country’s central bank and financial regulator for a local crypto license
S Korean Prosecutors to Probe ex-Kakao CEO Over Crypto ‘Embezzlement’ Allegations
13.10.2023
South Korean prosecutors will launch a “full-scale investigation” into the former CEO of the tech powerhouse Kakao over crypto “embezzlement” claims.
Chosun Ilbo reported that the case will be handled by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation...
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
Brazilian securities regulator plans sandbox for tokenization in 2024
9.10.2023
Daniel Maeda with Brazil's CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization potentially starting in 2024
Upbit Deflected 879 Hacking Attempts per Day in First Half of the Year
9.10.2023
The exchange is immensely popular in the country and is known for attracting speculative rallies
Crypto Exchange Upbit Faced Over 159,000 Hacking Attempts in H1 2023: Report
9.10.2023
South Korea's largest cryptocurrency exchange, Upbit, was reported to be the target of hacking attempts on over 159,000 occasions during the first half of 2023....
Read More: Crypto Exchange Upbit Faced Over 159,000 Hacking Attempts in H1 2023: Report
South Korea's Crypto Market Cap Nearly Doubles in First Half of 2023, Surpasses $21 Billion
9.10.2023
South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion.
The Financial Services Commission (FSC) of South Korea revealed that the country's crypto market cap witnessed a 46% increase compared to the previous...
South Korean Crypto Fraudster Jailed for 7 Years
9.10.2023
A convicted South Korean crypto fraudster has been sentenced to seven years in prison.
Per Newsis and Segye Ilbo, a division of the Suwon District Court sentenced an unnamed individual in their 30s to jail after hearing how they defrauded victims of some $2.2 million.
The court heard that...
Crypto exchange Upbit was targeted by hackers 159K times in H1: Report
9.10.2023
The figure is more than double recorded in the first half of 2022 and a massive 1800% increase from the same period in 2020, according to the operating firm
Living Standards and Finance Education Drives Crypto Adoption Metric: Report
6.10.2023
Nearly 50% of digital asset users view added financial liquidity as a major reason for investing in cryptocurrencies, a new survey shows.
A new study conducted by cryptocurrency exchange, Bitget unveiled the regional dynamics of cryptocurrency investments, its impact on gender, and other social...