Tags: #SOUTH KOREA

South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets

South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets

Hanwha, a prominent South Korean financial firm, has made a significant investment in a U.S.-based blockchain company, committing $13 million. This strategic move aims to enhance…

2/19/2026 3 min read

ASIA #ASIA #BLOCKCHAIN #BUSINESS

Bithumb admits to ‘serious flaws’ that left internal systems vulnerable to potential sabotage

Bithumb admits to ‘serious flaws’ that left internal systems vulnerable to potential sabotage

Bithumb, a prominent South Korean cryptocurrency exchange, has acknowledged significant vulnerabilities within its internal systems. The admission comes from CEO Le Jae-won, who…

2/11/2026 2 min read

BTC #BTC #EXCHANGE #MARKET

Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC

Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC

Bitcoin experienced a significant price drop on South Korea's Bithumb exchange due to an internal error involving the distribution of rewards. This incident resulted in users…

2/6/2026 2 min read

BTC #ASIA #BTC #EXCHANGE

Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption

Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption

Miden and Korea Digital Asset have announced a partnership aimed at enhancing the infrastructure for cryptocurrency adoption among institutions in South Korea. This collaboration…

1/27/2026 2 min read

ASIA #ASIA #FINANCE #KODA

South Korea probes loss of seized bitcoin in phishing attack

South Korea probes loss of seized bitcoin in phishing attack

Recent developments have emerged in South Korea regarding the loss of seized bitcoin, which is suspected to have occurred due to a phishing attack. An internal audit has revealed…

1/23/2026 2 min read

BTC #ASIA #BTC #MARKET

Chinese crime ring arrested in South Korea laundered over $100 million worth of crypto

Chinese crime ring arrested in South Korea laundered over $100 million worth of crypto

Recent developments in South Korea have brought to light the activities of a Chinese crime ring involved in laundering significant amounts of cryptocurrency. South Korean customs…

1/19/2026 2 min read

ASIA #ASIA #EXCHANGE #FINANCE

South Korea to flip bitcoin ETF stance as part of broader crypto push

South Korea to flip bitcoin ETF stance as part of broader crypto push

South Korea is set to implement a new regulatory framework for digital assets, which includes a significant shift in its approach to Bitcoin exchange-traded funds (ETFs). The…

1/9/2026 3 min read

BTC #ASIA #BTC #FIAT

Crypto Exchange Korbit Fined $1.90 Million By South Korean Regulators

Crypto Exchange Korbit Fined $1.90 Million By South Korean Regulators

South Korea's Financial Intelligence Unit (FIU) has imposed a fine of approximately ₩2.73 billion, equivalent to around $1.90 million, on the cryptocurrency exchange Korbit. This…

1/1/2026 2 min read

ALTCOIN #ALTCOIN #ASIA #BUSINESS

Korbit fined $1.9 million for anti money-laundering, customer verification breaches

Korbit fined $1.9 million for anti money-laundering, customer verification breaches

Korbit, a prominent South Korean cryptocurrency exchange, has been fined for breaches related to anti-money laundering and customer verification protocols. This penalty comes at…

12/31/2025 2 min read

EXCHANGE #EXCHANGE #POLICY #KORBIT

South Korea’s long-awaited crypto law stalls over who can issue stablecoins

South Korea’s long-awaited crypto law stalls over who can issue stablecoins

The progress of South Korea's Digital Asset Basic Act has come to a standstill due to disagreements among regulators regarding the issuance of won-pegged stablecoins. This…

12/30/2025 2 min read

MARKET #ASIA #MARKET #REGULATION

South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report

South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report

Mirae Asset, a prominent financial group in South Korea, is reportedly in negotiations to acquire a substantial stake in the cryptocurrency exchange Korbit. The proposed…

12/29/2025 2 min read

EXCHANGE #EXCHANGE #FINANCE #SOUTH KOREA

Parataxis Agrees to Buy Control of South Korea's Sinsiway for $27M, Build Ether Treasury

Parataxis Agrees to Buy Control of South Korea's Sinsiway for $27M, Build Ether Treasury

Parataxis has reached an agreement to acquire control of Sinsiway for a significant sum. This acquisition is expected to lead to the establishment of South Korea's first…

12/3/2025 1 min read

ASIA #ASIA #REGULATION #ADMINISTRATIVE EVENTS