Bitcoin News / Bitcoin.com - 6 months ago
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South...
Bitcoin News / Bitcoinist - 7 months ago
South Korean law enforcement has struck a blow against social media-fueled crypto scam with the arrest of 19 individuals linked to a deceptive “crypto reading room.” The Daegu Police Agency’s raid, which unfolded on May 21st, expose...
Bitcoin News / Bitcoin.com - 7 months ago
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted...
Bitcoin News / Bitcoin.com - 7 months ago
South Korea’s infamous crypto premium has diminished significantly, with bitcoin and ethereum prices now aligning closely with the weighted global averages, albeit with a minor premium. The BTC premium stands at 0.84%, while ETH’s premi...
Bitcoin News / Google News Bitcoin - 7 months ago
South Korea's Crypto Premium Drops Below 1% as Bitcoin and Ethereum Prices Align Globally – Market Updates ...& & Bitcoin.com News
Cryptocoins News / Finance Magnates - 7 months ago
The introduction of crypto staking services, where
users can deposit their coins to earn rewards, has intensified
competition among exchanges in South Korea, The Korea Times reported. This service has
expanded the scale of staking into trillions of...
Bitcoin News / Bitcoin.com - 7 months ago
The North Korean hacker organization Kimsuky has employed a new malware named “Durian” in targeted cyber attacks against at least two South Korean cryptocurrency companies, according to a report by cybersecurity firm Kaspersky. This malwa...
Bitcoin News / Bitcoin.com - 7 months ago
Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won s...
Bitcoin News / Google News Bitcoin - 7 months ago
South Korea's Bitcoin Premium Narrows, Yet Remains Above Global Average – Market Updates Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 7 months ago
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the...
Bitcoin News / Bitcoinist - 7 months ago
South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto...
Bitcoin News / Bitcoinist - 8 months ago
A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit rose to fifth place in the top five global exchanges list.
Different platforms have unsuccessfully challenged the excha...
Cryptocoins News / CoinJournal - 8 months ago
Crypto.com planned to launch its trading services in South Korea on April 29.
The company had acquired OK-BIT and PnLink for regulatory compliance.
Despite the temporary halt, the company remains committed to navigating challenges to eventually ente...
Cryptocoins News / Finance Magnates - 8 months ago
Crypto.com has postponed the planned launch of its app in
South Korea due to scrutiny by the regulators on the exchange's anti-money laundering
practices. According to a local media publication Segye Ilbo, Korean financial
authorities have initiated...