South Korean lawmaker discusses the delayed Gopax acquisition with the Binance CEO, highlighting critical regulatory challenges.
Blockchain News

Binance CEO Faces Crucial South Korean Talks Over Gopax Acquisition Delay

A pivotal meeting is set to occur, drawing significant attention from the global cryptocurrency community. A prominent South Korean lawmaker will soon engage with the head of the world’s largest crypto exchange, Binance. This high-stakes discussion aims to address critical issues impacting investor confidence and market stability. Consequently, the outcomes of this meeting could reshape […]

KDIC's successful discovery of hidden crypto assets, symbolizing financial regulation and recovery efforts in South Korea.
Uncategorized

KDIC Unveils Crucial $2.2M in Hidden Crypto from Failed Financial Firms

A significant development has emerged from South Korea, capturing the attention of financial regulators and cryptocurrency enthusiasts alike. The Korea Deposit Insurance Corporation (KDIC) has made a groundbreaking discovery. They uncovered approximately 3 billion won, equivalent to $2.2 million in hidden crypto assets. These assets belonged to executives and employees directly responsible for the insolvency […]

An image showing handcuffs over crypto symbols, representing the surge in South Korean crypto arrests and efforts against financial fraud.
Blockchain News

Alarming Surge: South Korean Crypto Arrests Soar in H1 2024

The cryptocurrency landscape in South Korea is experiencing a dramatic shift. Authorities report a significant increase in enforcement actions. This surge specifically targets illicit activities within the digital asset sector. The rising numbers highlight a critical period for investor safety and regulatory oversight. Investors must remain vigilant. Unpacking the Dramatic Rise in South Korean Crypto […]

Visual representation of Bithumb compensation, showing user relief after emergency maintenance disruption.
Press Release

Bithumb Compensation: Crucial Reimbursement for Users After Emergency Maintenance

South Korean crypto exchange Bithumb has announced a significant commitment. It will fully compensate users for any damages incurred during a recent emergency service maintenance period. This decisive action underscores Bithumb’s dedication to user trust and platform reliability. It offers crucial reassurance to its extensive user base. This proactive approach to Bithumb compensation sets a […]

A digital interface showing Bithumb's crypto exchange trading services undergoing maintenance, emphasizing stability and security upgrades.
Press Release

Bithumb Completes Crucial Trading Services Maintenance: What’s Next for South Korean Crypto?

In a significant development for the South Korean digital asset market, **Bithumb**, a leading **crypto exchange**, has officially announced the completion of its scheduled **platform maintenance** for **trading services**. This update brings a sigh of relief to many users who awaited the resumption of full functionality. However, the exchange clarified that while the maintenance work […]

Bithumb's trading system undergoing crucial maintenance to resolve trade delays and enhance platform stability.
Press Release

Bithumb Initiates Crucial Trading System Overhaul to Boost Performance

South Korean cryptocurrency giant Bithumb has announced a critical upgrade. The exchange will conduct essential maintenance on its trading system. This proactive measure aims to resolve temporary trade execution delays. This announcement follows an earlier Coin Pulse report. That report indicated trading on Bithumb’s web and mobile platforms faced disruptions. Therefore, this maintenance is a […]

Illustration of a Bithumb outage affecting trading, symbolizing service disruption on a crypto exchange platform.
Uncategorized

Urgent: Bithumb Outage Halts South Korean Crypto Trading

The South Korean crypto market faces an immediate and critical challenge. Bithumb, one of the nation’s largest and most prominent crypto exchange platforms, is currently experiencing a significant Bithumb outage. This unexpected service disruption has brought all Bithumb trading to a complete standstill, impacting a vast number of users across both its web and mobile […]

A gavel striking a sound block with blockchain data in the background, symbolizing a **South Korean crypto influencer** facing a defamation fine for online actions.
Blockchain News

South Korean Crypto Influencer Hit with **Shocking** $5K Defamation Fine

The digital currency landscape often sees personalities rise to prominence, yet with influence comes significant responsibility. Recently, a notable **South Korean crypto influencer** has faced severe legal repercussions. This individual, celebrated for their expertise in on-chain wallet tracking, received a substantial fine. This incident highlights the growing need for accountability in the rapidly evolving cryptocurrency […]