North Korea Financial News

29.06 / 11:07

CryptoExplainer crypto news Cryptocurrecny Crypto Crash Threatens North Korea's Stolen Funds And Weapons Programme: Report

Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests

27.06 / 14:29

Digital ETF Samsung Samsung Asset Management to Launch 1st APAC Metaverse Theme Active ETF on HKEX

Samsung Asset Management (Hong Kong) Limited («SAMHK») announced the launch of the first APAC metaverse theme active ETF in Hong Kong in July, titled Samsung Asia Pacific ex NZ Metaverse Theme ETF (Exchange Ticker: 3172.HK).

24.06 / 14:09

Hack security open Axie Infinity's Ronin Bridge to Re-Open After Hack, Locked Funds to Be Returned

Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.

24.06 / 13:27

cryptocurrency crypto news Cyber US Crypto Firm Harmony Hit By $100 Million Cyber Heist

US crypto firm Harmony hit by $100 million heist

23.06 / 14:31

Blockchain Adoption defi privacy Financial Transparent financial systems won't get real traction, blockchain exec argues

As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink, the founder of blockchain protocol Anoma, weighed in on the topic and shared his perspectives to Cointelegraph.

20.06 / 16:15

business Blockchain Stablecoin investigation South Korean prosecutors ban Terra employees from exiting the country: report

Terra (LUNA) employees are reportedly unable to leave South Korea as the country's prosecutors imposed a departure ban on key developers of the project.

16.06 / 06:41

regulation Upbit Korean exchanges agree on emergency system in case of Terra-style collapse

Korea's leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass.

10.06 / 13:11

Blockchain ETF Asia Samsung Samsung Asset Management to launch blockchain ETF in Hong Kong

Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF).

10.06 / 01:31

Provident litecoin Action LTC How Litecoin [LTC] is reacting to news of delisting from Korean exchanges

Litecoin (LTC) is on the spotlight once again days after launching its Mimblewimble upgrade and for a related reason. Multiple South Korean crypto exchanges have reportedly announced plans to delist LTC.

09.06 / 08:47

business Blockchain Terra Luna Terra Unsustainable Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate

Anchor protocol was originally designed to offer an interest rate of 3.6% but this was dialed up to 20% just a week before release to attract more investors, a core developer alleged in an interview with Korean media outlet JTBC.

08.06 / 16:33

Blockchain Digital AXY Platform Solana bids $100M On DeFi, GameFi in South Korea

Solana is in the news today after it unveiled a new $100 million fund for South Korean web3 entrepreneurs. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organization that promotes the network’s growth.

08.06 / 10:17

Blockchain NFT defi solana Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea

Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea.

08.06 / 08:11

Law Activism Congress AIM letter rights Human rights activists take aim at privileged crypto critics in letter to Congress

Human rights activists from 20 countries have submitted an open letter to the United States Congress in support of a “responsible crypto policy” and praising Bitcoin and stablecoins as essential tools aiding democracy and freedom for tens of millions.

07.06 / 02:47

Binance CFTC regulation SEC Bad day for Binance with SEC investigation and Reuters exposé

The United States Securities and Exchange Commission (SEC) is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five years ago, Bloomberg reported on June 6.

04.06 / 11:49

business Blockchain investigation Investigations South Korea ramps up crypto investigations and regulations

On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions.

01.06 / 01:07

regulation Bitcoin Regulation Terraform Labs Terra committee In wake of Terra collapse, South Korea plans new crypto oversight committee: Report

The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ creator, was the most concerned country of them all.

26.05 / 01:41

Blockchain FIVE Coinone Luna This is how Terra fiasco is forcing South Korean regulators’ hand

Investors have lost a significant chunk of their savings from the damage caused by the Terra [LUNA] crash. Well, the incident sent shockwaves across the crypto ecosystem, dragging down the entire market. Around $45 billion was wiped off the two tokens’ market cap within a week- for starters.

25.05 / 15:39

regulation Altcoin Terra Luna Classic Terra Classic Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote

The Korean Financial Supervisory Service (FSS) has announced that it will be standardizing the way in which virtual asset risk is assessed.

24.05 / 05:45

regulation exchanges Terra freeze South Korean police request exchanges freeze LFG related funds

Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard.

23.05 / 17:33

Adoption regulation litecoin Litecoin confidential transactions spook Korean exchanges

The recent privacy-focused MimbleWimble upgrade on the Litecoin (LTC) blockchain has prompted two of Korea's largest crypto exchanges to issue investment warnings about the fifth-largest cryptocurrency.

21.05 / 18:11

London symptoms North Korea claims progress despite thousands more with fever symptoms

North Korea said it found nearly 220,000 more people with fever symptoms, despite leader Kim Jong Un claiming progress in slowing a largely undiagnosed spread of COVID-19 across his unvaccinated populace.

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