Crypto Man: A Peek Into Korea's Crypto Obsession, Inspired by the 2022 Terra Crash?
The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.

The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.
Despite his imprisonment, it is reported that Do Kwon, the disgraced founder of Terra, managed to make multiple cryptocurrency payments while in custody in Montenegro.
The Terra blockchain suffered a security breach due to a missed patch, resulting in a significant loss of tokens. The platform is implementing emergency measures to prevent future attacks.
Billion-dollar bombshell: Do Kwon and Terraform Labs embroiled in $4.5 billion SEC penalty! Explosive new evidence suggests a shocking conspiracy behind the catastrophic collapse of Terra, LUNA, and UST. Could Do Kwon and Daniel Shin orchestrate the fall of Terra from the beginning?
The federal regulator established that the stablecoin issuer and its founder provided misleading information to investors.
Prosecutors seek stricter bail conditions for Binance founder Zhao, citing flight risks due to wealth and connections. Despite legal hurdles, Binance saw a 30% increase in users, potentially boosted by smooth leadership transitions and Zhao's positive reputation.
Terraform Labs founder Do Kwon went from being a billionaire to Montenegro jail. What happened?
Earlier on 19 August, the network had issued a warning to its users, advising them to avoid interacting with any website utilizing the terra(dot)money domain until the platform regained full control of the website.
The United States Securities and Exchange Commission (SEC) has amplified its scrutiny of Terraform Labs by forming a partnership with the South Korean government.
Over half of the public companies that added Bitcoin to their balance sheets in 2025 have seen their share prices fall by more than 50%. The drop follows a sharp decline in Bitcoin’s value, exposing firms to heavy losses and sparking concerns over the risks of using crypto as a treasury asset.
A rare 100 BTC Casascius bar bought in 2012 for $500 was finally redeemed in 2025, now worth over $10 million. The owner kept it sealed for 13 years before transferring the Bitcoin to a digital wallet, making a huge profit while preserving its historical value.
The US SEC has approved in-kind trading for Bitcoin and Ethereum ETFs, letting firms trade crypto directly instead of using cash. This change is expected to cut costs, improve trading, and make it easier for big investors to enter the crypto market.
eToro has started offering tokenised US stocks on Ethereum and is planning to build its own blockchain. This would let users trade shares like crypto and use them in decentralised finance.
Scammers used real-looking Coinbase emails and a US phone number to trick a user into giving away personal and crypto details. The scam failed, but it shows how phishing attacks are becoming more convincing and dangerous.
Samsung Pay is now linked to the Coinbase app, letting users in the US and Canada buy and trade crypto more easily without switching apps. The update makes payments faster and safer, helping more people use crypto on their phones.
Marti, a Turkish ride-hailing company, has put 20% of its cash into Bitcoin and plans to increase that to 50%. The move is part of a long-term plan to use crypto as a store of value while keeping its main business growing.
The US and South Korea agreed to a $350 billion trade and investment deal, with most of the funds controlled by the US. South Korea accepted lower tariffs and promised major energy purchases, while also opening doors for its firms to expand in America.
Nancy Jones lost $17 million in XRP after her former partner, Kirk West, allegedly stole her crypto wallet and cash from her home. West was arrested and faces charges, but some of the stolen cryptocurrency is still missing.
Collector Crypt launched a digital system on Solana where people can buy NFT packs linked to real graded Pokémon cards. Buyers can either keep the NFT or claim the actual card, bringing together digital collecting and physical items.