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Sat, January 25, 2025 | 18:08

Trump coin debuts on Korean exchanges amid speculative risks

Trump coin debuts on Korean exchanges amid speculative risks

'Official Trump,' a meme coin launched by U.S. President Donald Trump, debuted on Korea's virtual asset exchanges on Thursday, exhibiting significant price swings, according to cryptocurrency exchange officials.

2025-01-23 15:22

Crypto exchanges face record-high compensation demands for system glitch on martial law day

Crypto exchanges face record-high compensation demands for system glitch on martial law day

Korea's top two virtual asset exchanges, Upbit and Bithumb, have agreed to pay a record-high 3 billion won ($2.1 million) in compensation, in response to system glitches and the subsequent service disruptions that occurred on the day of President Yoon Suk Yeol's martial law fiasco.

2025-01-22 15:34

[TRUMP 2.0] Crypto dreams under Trump: Can market continue its optimism?

TRUMP 2.0Crypto dreams under Trump: Can market continue its optimism?

With the inauguration of U.S. President Donald Trump, who has dubbed himself the 'crypto president,' market insiders and investors are eagerly watching whether the crypto market will sustain its momentum.

2025-01-21 00:00

Virtual asset sector enters tense phase ahead of sanctions against Upbit

Virtual asset sector enters tense phase ahead of sanctions against Upbit

Tension is mounting in the virtual asset industry as it braces for a series of inspections and sanctions by financial authorities. The virtual asset market was brought under the nation's regulatory framework last July with the implementation of the Act on the Protection of Virtual Asset Users.

2025-01-20 15:46

Authorities postpone decision on whether to allow corporate investment in virtual assets

Authorities postpone decision on whether to allow corporate investment in virtual assets

Financial authorities in Korea took a cautious approach to allowing corporate accounts for virtual asset exchanges, postponing their conclusion in favor of continuing discussions, Wednesday.

2025-01-15 15:43

S. Korea, US, Japan identify N. Korea behind $659 mil. crypto theft in 2024

S. Korea, US, Japan identify N. Korea behind $659 mil. crypto theft in 2024

North Korean hackers stole some $659 million worth of crypto assets through multiple hacks in 2024 as it continues its malicious cyber activities to fund its illicit weapons programs, a joint statement by South Korea, the United States and Japan showed Tuesday.

2025-01-14 17:21

Bithumb to change account issuance partner bank from NongHyup to Kookmin

Bithumb to change account issuance partner bank from NongHyup to Kookmin

Bithumb, the second-largest cryptocurrency exchange by trading volume in Korea, will change its real-name deposit and withdrawal service partner from NH NongHyup Bank to KB Kookmin Bank in March as part of measures to expand its market share, the exchange announced, Monday.

2025-01-13 16:24

Korean crypto mogul Kwon to go on trial in January 2026: report

Korean crypto mogul Kwon to go on trial in January 2026: report

Korean crypto mogul Kwon Do-hyeong will stand trial on criminal fraud charges in the United States in January next year as he was extradited from Montenegro to face the charges late last month, according to Bloomberg.

2025-01-09 08:22

Crypto investors face losses as legal void blocks compensation for service disruptions

Crypto investors face losses as legal void blocks compensation for service disruptions

Trading suspensions and other service disruptions have repeatedly occurred at domestic cryptocurrency exchanges, yet investors have no recourse for compensation due to a lack of a legal framework.

2025-01-06 08:35

Fallen crypto mogul Do Kwon extradited to US, faces federal fraud charges

Fallen crypto mogul Do Kwon extradited to US, faces federal fraud charges

Disgraced crypto tycoon Do Kwon, a key figure related to the 2022 collapse of TerraUSD and Luna coins, has been extradited to the United States, where he will face federal fraud charges.

2025-01-01 16:54

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Top 10 Stories

1	More travelers abuse Jeju's visa-free system to enter Korea illegally

2	Jeju Air's dominance in LCC market appears to be ending

3	TV personality Kim Na-jung referred to prosecution for drug use

4	Court denies prosecution's request for extension of Yoon's arrest

5	Labor minister emerges as unexpected presidential contender

6	Korean Canadian singer faces investigation over pro-Yoon Suk Yeol comments online

7	Courier's messages apologizing for 2 a.m. deliveries ahead of Lunar New Year move netizens

8	Goryeo-era Buddha statue, looted by Japan, returns home temporarily after 647 years

9	Prosecutors make another request for extension of Yoon's arrest after court's initial denial

10	Russian firm begins attracting tourists to N. Korea's new Kalma tourist zone

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