South Korean virtual asset exchange Core Dax receives US$10 million investment letter of intent

South Korean Lawmakers' Cryptocurrency Trades Revealed

South Korean MPs' $100 Million Crypto Trades Uncovered; New Disclosure Rules Set for 2024

North Korean Crypto Hackers Target South Korean Officials in Elaborate Phishing Scheme

North Korean hackers, posing as journalists, escalate cyber threats by targeting nearly 1,500 South Korean officials in a sophisticated phishing campaign, compromising crypto accounts, and deploying mining malware, prompting urgent calls for enhanced cybersecurity measures.

New Reserve Requirements For South Korean Crypto Exchanges

Major exchanges are already preparing to meet the new requirements.

South Korean Authorities Act on Cryptocurrency Tax Evasion

The Cheongju administration is collaborating with seven prominent South Korean crypto exchanges, such as Upbit and Bithumb.

North Korean Hackers Target Multiple Crypto Companies

Security experts note a shift in strategy, as North Korea now targets multiple companies instead of one at a time.

South Korean Crypto Lender Suspends Withdrawals

Delio is suspending withdrawals on its platform following its exposure to Haru Invest, which previously halted its services.

Successful Conclusion of AFFLUX Korean Demo Day as Seven Web3 Projects Crowned Winners

Korean startup Uprise lost $20M shorting LUNA

The crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNA, the Terra Classic native token.

Major South Korean crypto exchanges delist Litecoin

Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.

Litecoin confidential transactions spook Korean exchanges

The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.