Seoul, South Korea – May 2025: In a stunning breach that exposes critical vulnerabilities in handling digital evidence, South Korean prosecutors have been hacked for approximately 40 billion won ($28.8 million) in Bitcoin seized during a criminal investigation. The funds, confiscated in a 2021 raid on a gambling operation, vanished from 57 separate wallets in […]
Seoul, South Korea, January 28, 2025: In a significant move for the artificial intelligence cryptocurrency sector, South Korea’s premier digital asset exchange, Upbit, has announced it will list Sentient (SENT) for trading. The new trading pairs—SENT/BTC, SENT/USDT, and SENT/KRW—will go live at 08:30 UTC on Wednesday, January 29. This listing represents a major validation point […]
Seoul, South Korea, January 30, 2025: South Korea’s National Assembly has passed a groundbreaking amendment that will fundamentally change how cryptocurrency firms operate within its jurisdiction. The new legislation requires virtual asset service providers (VASPs) to conduct criminal background checks on their major shareholders, marking one of the most significant regulatory developments in Asia’s cryptocurrency […]
Seoul, South Korea, February 2, 2025: Major South Korean cryptocurrency exchange Upbit has issued a critical notice to its user base, announcing a temporary suspension of all deposit and withdrawal services for the Sei (SEI) token. This essential maintenance window, scheduled to begin at 9:00 a.m. UTC on Monday, February 3, is a direct response […]
Seoul, South Korea: In a significant development for the regional digital asset ecosystem, the major South Korean cryptocurrency exchange Bithumb has announced the listing of two new tokens, Sentient (SENT) and Hey Elsa (ELSA), for direct trading against the South Korean Won (KRW). Trading commenced at 09:00 UTC today, providing local investors with immediate access […]
Seoul, South Korea – February 4, 2025: In a move highlighting the ongoing evolution of blockchain infrastructure, leading South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposit and withdrawal services for Zilliqa (ZIL). The halt, scheduled to begin at 3:00 a.m. UTC on February 5, is a standard operational procedure to facilitate […]
Seoul, South Korea – March 2025: In a significant development for the Asian cryptocurrency market, Google has postponed its planned enforcement action against mobile applications from overseas digital asset exchanges operating in South Korea. The tech giant confirmed to industry publication Digital Asset that the implementation of a ban on apps from exchanges not registered […]
Seoul, South Korea – February 5, 2025: In a move highlighting the intricate operational demands of the cryptocurrency sector, leading South Korean exchange Upbit has announced a temporary suspension of deposit and withdrawal services for tokens on the Story network. This critical action precedes a scheduled hard fork for the underlying blockchain. The suspension, affecting […]
Seoul, South Korea – February 3, 2025: In a move impacting a segment of its user base, leading South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposit and withdrawal services for the STABLE (STABLE) token. The halt, scheduled to begin at 2:00 a.m. UTC on February 4, 2025, is a procedural step […]
Seoul, South Korea – February 2025: A significant regulatory gap has emerged as unregistered crypto exchange apps remain accessible on the Google Play Store, defying a planned enforcement action by South Korea’s Financial Intelligence Unit (FIU). Major offshore platforms, including Binance, Bybit, and Bitget, continue to be available for download and updates, raising critical questions […]
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