Elliptic: North Korean hackers may be behind Harmony hack

Jun 30, 2022

Elliptic: North Korean hackers may be behind Harmony hack

According to analysts, the exploit and money laundering tactics through the mixer are similar to other incidents that have been linked to the Lazarus group

South Korean exchange Korbit released employee IDs as NFTs

Jun 28, 2022

South Korean exchange Korbit released employee IDs as NFTs

The platform was inspired by the non-fungible tokens from the CryptoPunks collection

South Korean authorities banned Terra’s main developers from leaving the country

Jun 20, 2022

South Korean authorities banned Terra’s main developers from leaving the country

According to the preliminary results of the investigation, the collapse of the ecosystem may have been caused by the company itself

South Korean exchange Upbit warned of risks for TRX and WAVES tokens

Jun 14, 2022

South Korean exchange Upbit warned of risks for TRX and WAVES tokens

The platform’s representatives believe that coins may be unstable because of the loss of the peg to the dollar of their algorithmic stablecoins

Solana set up fund to invest in South Korean crypto startups

Jun 8, 2022

Solana set up fund to invest in South Korean crypto startups

The funds will be directed to games-related projects, NFTs, and DeFi, their total amount was $100 million

South Korean regulator to audit Terra

May 25, 2022

South Korean regulator to audit Terra

Also, after the rate collapse of UST and LUNA, the Financial Supervisory Service intends to classify cryptocurrencies by types of risks

South Korean police suspected Terra of embezzling investors’ funds

May 24, 2022

South Korean police suspected Terra of embezzling investors’ funds

The law enforcers have asked the exchanges to freeze the corporate assets of the Luna Foundation Guard, an organization created to support the TerraUSD stablecoin

Crypto exchange Bithumb may delist Litecoin

May 24, 2022

Crypto exchange Bithumb may delist Litecoin

After the network upgrade, the asset became more private and no longer complies with the regulators’ rules

​Korean crypto exchange Upbit may delist Litecoin

May 23, 2022

​Korean crypto exchange Upbit may delist Litecoin

This will happen if the altcoin does not meet the transparency requirements after the upgrade

Terraform Labs’ head faced tax evasion charges

May 19, 2022

Terraform Labs’ head faced tax evasion charges

The National Tax Service of South Korea has reported a debt of $78,4 million

​South Korean law firm to file lawsuit against Terraform Labs CEO

May 18, 2022

​South Korean law firm to file lawsuit against Terraform Labs CEO

LKB & Partners intends to prosecute Do Kwon over the collapse of the UST stablecoin rate

South Korean authorities call on Terra’s head to explain the reasons for the UST rate collapse

May 17, 2022

South Korean authorities call on Terra’s head to explain the reasons for the UST rate collapse

A representative of the ruling party intends to hold parliamentary hearings to develop measures to protect investors