North Korea Financial News

27.10 / 11:45

Cooper Platform S Korean Gov’t Worker ‘Embezzled Public Funds and Escaped with $2.8m in Crypto’

A missing South Korean government worker is thought to be on the run with $2.8 million worth of public funds stolen from the country’s National Health Insurance Service (NHIS) – and the suspect appears to have converted most or all of the money to crypto.

26.10 / 17:55

Blockchain Citi Crypto Exchange Deal Crypto.com, Gate.io Ink Deal to Help S Korean City Build ‘Digital Asets’ Exchange

The South Korean city of Busan is inching closer to the launch of what could become the world’s first city-run crypto exchange – and has signed collaboration deals with the centralized exchange (CEX) giants Crypto.com and Gate.io.

26.10 / 10:15

business Court Bithumb Prison Bithumb ex-chairman could face 8 years prison over alleged $70M fraud

The former chairman of the South Korean cryptocurrency exchange Bithumb, Lee Jung-hoon, could face a possible maximum sentence of eight years in prison if found guilty on charges related to an alleged fraud worth $70 million.

25.10 / 17:07

Bithumb Terra MPs hearing S Korean MPs Rage After Terra Co-founder and Bithumb Shareholders Snub Hearing

A number of leading South Korean crypto industry leaders failed to show up to a parliamentary hearing yesterday – including the Co-founder of the under-fire Terra Luna Classic (LUNC) issuer Terraform Labs Daniel Shin, as well as shareholders of the crypto exchange Bithumb.

24.10 / 15:13

Digital Currency regulation Bitcoin compliance S. Korean watchdog goes after crypto whales to ensure AML compliance

South Korea’s financial watchdog, The Financial Service Commission (FSC), would monitor crypto whales with assets of over 100 million won ($70,000) to prevent money laundering efforts using digital assets.

18.10 / 19:06

Man Parke S Korean Nat’l Broadcaster Exec Received Crypto from Head of Pyongyang-linked Body

An executive news director at the national South Korean broadcaster KBS received “crypto” from a figure at the head of an organization with alleged ties to North Korea, an official audit has revealed.

17.10 / 18:09

Blockchain Target Digital Enterprise lazarus Japan’s NPA claims North Korea’s Lazarus Group is targeting crypto-firms

Lazarus, a North Korean hacking group, has been identified by Japan’s national police as the group responsible for several years’ worth of cyberattacks including cryptography.

17.10 / 14:19

Blockchain Provident Digital Citizens 2024 South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024

South Korea plans to provide digital identities encrypted by blockchain with smartphones to citizens in 2024 to facilitate its economic development., Bloomberg reported Monday.

17.10 / 13:15

Hack security Japanese Crypto Exchanges Targeted by North Korean Hackers

The notorious North Korean hacker group Lazarus is targeting Japanese cryptoasset companies, and some of these companies already saw their crypto stolen, according to The JapanNews, citing the National Police Agency (NPA).

17.10 / 09:07

business Blockchain Adoption Digital 2024 Koreans to have access to blockchain-powered digital IDs by 2024

South Koreans could soon allow its citizens to use blockchain-based digital identification (ID) instead of physical cards as soon as 2024, as the nation further embraces blockchain technology.

17.10 / 05:15

business Blockchain lazarus North Korea’s Lazarus behind years of crypto hacks in Japan: Police

Japan’s national police have pinned North Korean hacking group, Lazarus, as the organization behind several years of crypto-related cyber attacks.

13.10 / 13:43

Blockchain Ethereum Career Platform Luna Ex-Terra Developer Somani Raises $15M for Startup

A former developer from the fallen Terra company has raised $15 million for his startup.

13.10 / 13:43

Blockchain Provident Aware Platform data privacy Seven Web3 Firms Form Alliance Focusing on Data Privacy

Seven web3 companies have come together to form an alliance to focus on spreading awareness about the importance of data privacy.

13.10 / 09:27

'Unscrupulous Western blackmailers': Russia's fury as UN votes to condemn Ukraine annexations

The United Nations General Assembly has voted overwhelmingly to condemn Russia’s “attempted illegal annexation” of four Ukrainian regions and demand its immediate reversal.

10.10 / 11:29

FIVE Parke North Korea ‘Funding Weapons Programs’ with Vast Cache of ‘Stolen Crypto’

International investigators claim that North Korea stole “hundreds of millions of dollars worth of cryptoassets” to pay for its nuclear weapons programs” – while a row has broken out in South Korean political circles over politicians’ alleged ties to the crypto developer Virgil Griffith.

07.10 / 17:29

Legal Terra Luna Classic S Korean Court Rejects Terra Exec Arrest Warrant Request, LUNC Prices Rise

Prosecutors in South Korea have been dealt a blow after a district court rejected their arrest warrant request for a Terraform Labs executive who they think headed the troubled firm’s business operations – with Terra Luna Classic (LUNC) prices rising high in the wake of the news.

07.10 / 15:51

cryptocurrency Binance Binance-Linked Blockchain Hit By $570 Million Crypto Hack

Binance is the world's largest crypto exchange.

07.10 / 10:39

Provident Platform Interface Features BC.GAME Launches its Redesigned Website with New Features

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

07.10 / 08:07

Blockchain cryptocurrency Binance Digital Crypto hacked again in $100 million theft of Binance coin

An already bad year for cryptocurrencies took another turn for the worse after roughly $100 million of Binance Coin was stolen in what appears to be the latest hack to hit digital assets.

07.10 / 07:47

Provident Cooper CEO Luna Do Kwon’s case: Fresh twist appears as LUNA holders go down in worry

South Korea’s Ministry of Foreign Affairs announced on Wednesday (5 October) that Terraform Labs Pte. Ltd. CEO Kwon Do-Hyung, aka Do Kwon, would have his passport revoked in four weeks if he did not return it.

06.10 / 14:29

regulation Bitcoin Regulation Terra foreign South Korean foreign ministry orders Do Kwon to return his passport

South Korea's Ministry of Foreign Affairs on Wednesday issued an order for Terraform Labs CEO Do Kwon to surrender his passport.

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