South Korea’s supreme courtroom has upheld the ruling for Bithumb, the nation’s largest cryptocurrency trade, to pay damages to greater than 100 clients who filed
Tag: South Korea
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
A newly-released research revealed in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges in comparison with Western
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to chop ties with the dad or mum firm. The
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
Shirts worn by the gamers of the Italian soccer staff Napoli will show the emblem of cryptocurrency trade Upbit. The association is a part of
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
Before FTX collapsed it was assumed that Alameda Research was one of many high quantitative buying and selling companies and market makers throughout the business.
Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon
Oasys, a Gamefi-oriented Web3 blockchain undertaking, has introduced it has closed a strategic funding spherical led by Galaxy Interactive, a VC agency, and Nexon, a
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
Daesung Private Equity, a Korean enterprise capital agency, has introduced the launch of a metaverse fund of 110 billion received ($83.5 million). The fund, which
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the group created to guard the once-stable coin, the Luna Foundation Guard (LFG), printed an
Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price
On Thursday, Nov. 3, 2022, native studies from South Korea disclosed that Korean prosecutors have allegedly found proof that reveals Do Kwon and an affiliate
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
The authorities in South Korea has seized cryptocurrency value round $184 million in two years resulting from tax arrears, in response to native media. The