South Korea Financial News
14.12 / 11:49
CEO
Platform
Southern
Luna
Terra Co-Founder Do Kwon Allegedly Hiding In Serbia
In order to send Kwon back to South Korea so that he may face charges there, South Korean officials have made a request for assistance from the government of Serbia.
13.12 / 13:53
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
12.12 / 18:51
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
12.12 / 18:31
Blockchain
Art
NFT
expansion
NFT project blocks Chinese Twitter comments citing the need for 'North American expansion'
According to a Twitter post dated Dec. 11, SHHAN, creator of the black cats nonfungible tokens (NFT) collection Mimic Shhans, explained to users why he was blocking posts on community social pages written in the Chinese language. The move came after users condemned the new measures as discriminatory. According to SHHAN, who is based in South Korea, but created a Chinese post to specifically address the issue:
12.12 / 13:45
Terra Luna Classic
S Korean Prosecutors Say Do Kwon Is in Serbia, Terra Luna Classic Takes a Tumble
South Korean prosecutors have claimed Do Kwon is “in hiding” in Serbia – and have asked the European nation’s police force to hand him over to them. Meanwhile, it has been a rocky past few hours for Terra Luna Classic (LUNC) – the token launched by Kwon and his firm Terraform Labs.
12.12 / 05:25
regulation
Interpol
Terra co-founder Do Kwon hiding out in Serbia, says authorities
It is understood that Terraform Labs’ controversial founder and CEO Do Kwon is currently located in the Southeast European nation of Serbia after leaving Singapore in September.
11.12 / 13:55
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
10.12 / 18:39
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
09.12 / 17:17
Blockchain
Tax
Bitcoin
Earth
Billionaire Tim Draper Says El Salvador Will Become One of the Richest Countries on Earth For This One Reason
American venture capitalist and billionaire Tim Draper argues that bitcoin (BTC) will lead El Salvador to become one of the richest countries in the world.
09.12 / 17:07
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
09.12 / 14:35
regulation
stablecoins
Regulators in Japan, South Korea Want to Police Stablecoins
The top Japanese financial regulator has stated that it intends to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens.
08.12 / 17:17
World Cup
crypto casino
How to Bet on Croatia vs Brazil in FIFA World Cup Quarter-Finals
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
08.12 / 16:57
Law
Waves
Court
saga
Wemix delisting saga continues at South Korean court
A court in South Korea has supported the decision of local exchanges to delist Wemade’s Wemix (WEMIX) tokens, dismissing Wemade’s request to cancel the delisting.
08.12 / 16:57
Research
Bitcoin
Cryptocurrency market is 'most mature' in these 2 countries, new Huobi report reveals
Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else.
08.12 / 16:09
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
08.12 / 13:55
Digital
Coinone
Luna
South Korean Gaming Giant WeMade Loses Legal Struggle Against WEMIX Delisting
The South Korean gaming firm WeMade has lost its legal battle against the nation’s biggest crypto exchanges – who have decided to delist its wemix coin (WEMIX).
07.12 / 21:03
Manufacturing
Action
U.S., Europe Need a Grand Bargain on Semiconductors and Electric Vehicles to Counter China
The U.S. and its allies agree they need to reduce their dependence on China. They also agree none can do so alone: No country is big enough to sustain an entire supply chain. Thus the frequent calls for “friend-shoring” among “like-minded partners.” At a meeting this week the U.S. and the European Union pledged “coordinated action to foster supply chain diversification (and) build resilience to economic coercion.”
07.12 / 17:51
Hackers
Microsoft
Platform
North Korea Running ‘Trojan-infested Fake Crypto Exchange,’ Say Experts
A security firm says North Korean hackers created a bogus crypto exchange that infects users’ internet-connected devices with malware – which allows them to access sensitive networks so they can steal cryptoassets.
06.12 / 16:07
Southern
LUNC
Terraform Labs
Terra Luna Classic Price Prediction: LUNC to Hit $3 in Next Bull Market?
The Terra Luna Classic price prediction is bullish, as the LUNC/USD pair has gained support at $0.000169, a support level extended by an upward trendline. A recent arrest warrant issued for associates of Terra (LUNA) founder Do Kwon has apparently been thrown out by a South Korean judge.
06.12 / 14:17
Provident
Bitcoin
These Researchers Say Crypto Markets Will Grow to $1.5trn in 2023 – And Here’s Why
South Korean experts have predicted that the crypto market’s capitalization will rise from around $800 billion to some $1.5 trillion next year. And they claim that “stabilizing” inflation figures “during the first half of next year” will whet investors’ appetites for Bitcoin (BTC) and other tokens.
05.12 / 14:09
MET
Terra
S Korean Prosecutors Fail in Effort to Arrest Terraform Co-Founder Shin, Do Kwon Gloats
South Korean prosecutors have suffered a blow in their bid to arrest the masterminds of the Terra ecosystem – after a court turned down a request for the arrest of the Terraform Labs Co-founder Daniel Shin. The news was met with much glee from Shin’s fellow Co-founder Do Kwon, who celebrated the development on social media.
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