Korea
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South Korea blocks 14 crypto exchanges on Apple Store amid crackdown
South Korea's Financial Services Commission blocked 14 crypto exchanges on Apple's App Store, including KuCoin and MEXC, for operating without proper registration.The ban follows...
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North Korea’s Lazarus Group Steals Record $1.4 Billion in Bybit Hack
North Korea's Lazarus Group stole $1.4 billion from Bybit in February, marking the largest single cryptocurrency hack in history.North Korean Hacking operations are more...
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South Korea crypto users surpass 16M after Trump’s election victory
South Korea's crypto exchange users have surpassed 16 million (over 30% of the population), outpacing stock market participation.User numbers jumped by 600,000 following Trump's...
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South Korea: Google Play blocks 17 unregistered crypto exchanges
Google Play has restricted access to 17 unregistered cryptocurrency exchanges operating in South Korea at the request of the country's financial regulators.The affected exchanges,...
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South Korea considers blocking crypto exchanges operating without licenses
South Korea's Financial Intelligence Unit (FIU) is investigating crypto exchanges allegedly operating without proper registration as virtual asset service providers (VASPs).Authorities are considering blocking...
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Bank of Korea to Launch Digital Currency Trial with Seven Banks in April
South Korea is launching a three-month trial combining tokenized bank deposits and a wholesale CBDC with 100,000 consumers starting in April 2023.Seven major Korean...
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South Korea’s Central Bank Takes ‘Cautious Approach’ to Bitcoin Reserve Possibility
South Korea's central bank has ruled out Bitcoin as a foreign exchange reserve asset, citing high volatility and potential transaction costs during market instability.Casa's...
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North Korea’s Lazarus Group Transitions Focus from Banks to Cryptocurrency Firms, Linked to Multiple High-Profile Thefts
north korea is believed to be the only nation leveraging Hacking capabilities specifically for financial gain, though it doesn't officially acknowledge Lazarus Group.Cryptocurrency firms...
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Resolv Labs USR Stablecoin Hacked, Loses Dollar Peg
Resolv Labs confirmed the exploit hit the issuance mechanics of its USR stablecoin, causing a dramatic depeg to as...
LA Court Tests AI to Aid Judges, Not Replace Them
The Los Angeles Superior Court has begun testing an AI system called Learned Hand to help judges prepare cases,...
Bitcoin Mining Difficulty Dives as Energy Costs Surge
Bitcoin mining difficulty fell sharply by 7.76% this week, indicating reduced network activity as some miners shut down operations.
Higher...
