North Korea Financial News
19.11 / 06:05
NFT
Polygon
layer2
South Korea's leading blockchain facing greater competition in NFT market
South Korea’s nonfungible token (NFT) space has rapidly expanded throughout 2021 led by the growth of crypto and NFT services offered by Kakao, but competitors are entering the fray.
15.11 / 07:49
NFT
Metaverse
Animoca Brands unveils plans for K-pop NFT metaverse
Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a “K-pop music metaverse.”
11.11 / 13:03
08.11 / 12:36
NFT
regulation
Non-fungible tokens
S Korean Regulator Says NFTs Aren’t Cryptoassets – and (Probably) Won’t Tax Them
South Korea’s top financial regulator says that non-fungible tokens (NFTs) are not cryptoassets – and will likely exclude them from capital gains taxation.
05.11 / 04:05
cryptocurrency
Bitcoin
S Korean Gov’t Might ‘Eventually Raise the White Flag’ on Crypto Tax
Pressure is growing on the South Korean government to back down over a controversial crypto tax law that will see trading profits over an annual total of USD 2,100 taxed at 20%.
04.11 / 14:55
Exchange
Society
Upbit
Customer
Man ‘Tried to Set Himself on Fire’ at S Korean Crypto Exchange Upbit Customer Center
A man who police claim was ready to set himself on fire at the South Korean crypto exchange giant Upbit’s flagship customer service center has been taken into custody and charged with attempted arson.
02.11 / 10:35
cryptocurrency
Netflix
scam
Rug Pull
Squid Game cryptocurrency loses all value in minutes in possible €2.8 million rug pull scam
A Squid Game-themed cryptocurrency plunged in value on Monday in what appears to be a deliberate act, falling from a high of around €2,400 to fractions of a cent in minutes.
01.11 / 17:39
UPS
Platform
CoinMarketCap
Squid Game crypto price soars as players scramble to join online scam
The online Squid Game, which its anonymous developers said was "coming soon", is a crypto play-to-earn platform inspired by the Korean series about a high-stakes tournament of children's games. Unlike the TV show, there are no "deadly consequences" and no limits to the number of people who can play, the sammers said, but to participate in each game players need to put up a stake in the form of Squid tokens or related NFTs from the maker's marketplace.
29.10 / 17:01
UPS
Platform
CoinMarketCap
Squid Game crypto price soars as players scramble to join online tournament
The online Squid Game, which is "coming soon", is a crypto play-to-earn platform inspired by the Korean series about a high-stakes tournament of children's games. Unlike the TV show, there are no "deadly consequences" and no limits to the number of people who can play, bu to participate in each game players need to put up a stake in the form of Squid tokens or related NFTs from the maker's marketplace.
29.10 / 13:21
UPS
Binance
Platform
Squid game fever grips crypto market, sends token rallying 2500%
Squid Game, the Korean series which was a recent rage on Netflix, now has a spiking market cap.
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