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
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Incidents
Jun 30, 2022
Elliptic: North Korean hackers may be behind Harmony hackAccording to analysts, the exploit and money laundering tactics through the mixer are similar to other incidents that have been linked to the Lazarus group
Trends
Jun 28, 2022
South Korean exchange Korbit released employee IDs as NFTsThe platform was inspired by the non-fungible tokens from the CryptoPunks collection
Politics
Jun 20, 2022
South Korean authorities banned Terra’s main developers from leaving the countryAccording to the preliminary results of the investigation, the collapse of the ecosystem may have been caused by the company itself
Business
Jun 14, 2022
South Korean exchange Upbit warned of risks for TRX and WAVES tokensThe platform’s representatives believe that coins may be unstable because of the loss of the peg to the dollar of their algorithmic stablecoins
Market
Jun 8, 2022
Solana set up fund to invest in South Korean crypto startupsThe funds will be directed to games-related projects, NFTs, and DeFi, their total amount was $100 million
Crypto regulations
May 25, 2022
South Korean regulator to audit TerraAlso, after the rate collapse of UST and LUNA, the Financial Supervisory Service intends to classify cryptocurrencies by types of risks
Incidents
May 24, 2022
South Korean police suspected Terra of embezzling investors’ fundsThe law enforcers have asked the exchanges to freeze the corporate assets of the Luna Foundation Guard, an organization created to support the TerraUSD stablecoin
Market
May 24, 2022
Crypto exchange Bithumb may delist LitecoinAfter the network upgrade, the asset became more private and no longer complies with the regulators’ rules
Market
May 23, 2022
Korean crypto exchange Upbit may delist LitecoinThis will happen if the altcoin does not meet the transparency requirements after the upgrade
Business
May 19, 2022
Terraform Labs’ head faced tax evasion chargesThe National Tax Service of South Korea has reported a debt of $78,4 million
Incidents
May 18, 2022
South Korean law firm to file lawsuit against Terraform Labs CEOLKB & Partners intends to prosecute Do Kwon over the collapse of the UST stablecoin rate
Politics
May 17, 2022
South Korean authorities call on Terra’s head to explain the reasons for the UST rate collapseA representative of the ruling party intends to hold parliamentary hearings to develop measures to protect investors