Articles by

Danny Park

Danny is a journalist at Forkast.News. Originally from South Korea, Danny has produced content for media companies in Korea, Hong Kong and China. He holds a Bachelor of Journalism and Business Marketing from the University of Hong Kong.

Author's profile on Twitter @ParkKunwoong Author's profile on LinkedIn Danny Park
Page of 9

February 2022

Guilty verdicts handed down in S.Korea’s biggest crypto scam

Seven executives of scam crypto exchange V Global were found guilty on Friday and sentenced to jail time — but it might not be enough to console victims.

FastForkast headlines

North Korea refutes crypto hack allegation, claims the US made it up

S.Korean gaming giant Netmarble partners with Binance for GameFi

Pac-Man owner Bandai Namco to invest $130M in metaverse

Kakao Games rebrands subsidiary to focus on crypto, blockchain, Web 3.0

Exchange to drop NFTs for each S.Korean medal at Beijing Olympics

Japan’s Mitsubishi UFJ to issue yen-pegged stablecoin: report

North Korea funds missiles with cyberattacks on crypto exchanges: Reuters

‘Baby Shark’ to bite into P2E pie with planned mobile game

February 2022

South Korea wants to be the physical home of the metaverse

The tech-savvy nation is deemed a prime environment to grow the metaverse. What comes next, and will some be left out by a digital divide?

Crypto investors are being wooed in South Korea’s tight presidential election

The top contenders jockey for position on initial coin offerings and other blockchain-based innovations. How did crypto become a critical factor in the race?

Fusang receives green light for US$10M equity-token IPO

Malaysian exchange will offer equity tokens representing direct shares on the blockchain, claiming it will be the world’s first fully regulated equity-token IPO.

NFTs may be the next killer app for video games, but some traditional players object

Developers adopt NFT technology to promote staple video game franchises, but reaction from a number of gamers has been negative.

LG to follow Samsung adding NFT features to flagship TVs

The ability to display, buy and even mint NFTs is seeping into mainstream products from South Korea’s largest corporations.

Crypto is presidential election campaign issue for South Korea

In South Korea, a new presidential administration will be chosen in March. Here’s where the four major candidates stand on Korea’s booming virtual asset space.

FastForkast headlines

‘Baby Shark’ to bite into P2E pie with planned mobile game

S.Korean gaming giant Netmarble to issue own cryptocurrency

Sexual harassment in metaverse triggers S.Korean government response

S.Korea crypto market growing but needs promotion, not just regulation: BCG

Thailand to regulate cryptocurrency as payment method

Interpol issues ‘purple notice’ on Bitcoin phishing case in S.Korea: reports

S.Korea adds crypto to annual finance survey as household asset

S.Korea aims to conquer the metaverse in its five-year strategy

Hyundai Card VP: Crypto’s ‘tulip mania’ stage is passing

Two S. Korean presidential candidates want to bring back ICOs

S. Korean broadcaster KBS opens metaverse studio for 2022 election

S. Korean lawmaker takes Bitcoin donations, issues receipts in NFTs

North Korea hacked US$400M of crypto in 2021, says Chainalysis

S. Korean prosecutors seek life sentence for crypto execs in fraud case

Webtoon Solo Leveling NFTs sell out quickly after S.Korea launch

Kakao-backed Klaytn announces 5 partners for gaming and metaverse expansion

Sonic creator Sega may shelve NFT project if fan backlash continues

The Sandbox metaverse names Mega City project partners

South Koreans required to report overseas crypto accounts

Japan’s Square Enix reveals blockchain gaming ambitions for 2022

January 2022

Bitcoin sent by mistake, recipient will not be punished for keeping it: South Korea ruling

An investor who received $1.25M in Bitcoin by accident will not be criminally penalized, raising questions on the legal status of cryptocurrencies.

Game company Nexon America now accepts crypto for in-game payments

Asia’s gaming giant Nexon’s US subsidiary supports cryptocurrencies for players in buying items inside its popular online games.

In Hong Kong, a look at how the blockchain revolution in gaming continues

Gamers and developers gather at the annual Digital Entertainment Leadership Forum to discuss how video games may evolve in the future.

Bitcoin crash drags down South Korean NFT game stocks

South Korean game shares fell sharply, just a few weeks after announcements of new NFT metaverse ventures sent the shares up.

South Korean regulator jumps to a crypto exchange

Experts expect more disruption as the crypto industry matures and a younger generation places different values on status and job security.

Japan’s central bank is urged to speed up its digital yen project

With economic security as a top priority, the Kishida administration anticipates the release of competing CBDCs.

K-pop agency Cube bets big on NFT and metaverse

The impresario behind superstars BTOB and (G)I-DLE tells Forkast.News there’s ‘no upper limit’ to how much Cube will invest in NFTs and a metaverse for concerts.

Crypto tax delay is a chance for South Korea to fix loopholes, experts say

Now that South Korea’s crypto tax is delayed a year, what will the final form look like? Should crypto gains be taxed like stock profits — or winning the lottery?

FastForkast headlines

Japan’s Square Enix reveals blockchain gaming ambitions for 2022

Japan’s SBI invests in Singapore crypto exchange Coinhako

Japanese billionaire Yusaku Maezawa issues NFT from space

Matrix Resurrections NFTs reward moviegoers who reserve tickets in South Korea

Metaverse startup Spatial raises $25M in Series B

Tezuka Osamu’s Astro Boy NFTs auctioned on OpenSea

South Korea’s WeMade invests in blockchain property startup Kasa

South Korea’s Danal to allow crypto as payment for BMWs

Shinhan, Standard banks demo cross-border stablecoin remittance

Hong Kong VC firm Chiron Partners raises $50M to back Terra

S. Korean blockchain VC Hashed under tax investigation as CEO denies tax evasion

Japanese crypto firms team up to form a metaverse association

Meta says South Korea is top-tier environment for the metaverse

South Korean presidential candidate urges greater national leadership on digital assets

Japan may limit stablecoin issuers to banks, wire transfer companies

Japan’s Elemental Knights Online game to release play-to-earn metaverse version

South Korean online game developer KRAFTON invests in metaverse

Japan’s Astar Network winner of 3rd Polkadot parachain auction

South Korea’s Hashed raises $200 million for Web3

Korea Exchange CEO calls for institutionalization of crypto

Kimchi Premium hits highest level since May

S. Korean, S. African banks team up for stablecoin-based remittances

HYBE, Softbank invest big in Zepeto metaverse creator Naver Z

December 2021

South Korea and Japan grapple with how to define, and tax, cryptocurrency gains

South Korea reaches a tentative agreement to delay a pending tax on virtual assets. Crypto investors in next-door Japan already face taxation up to 55%.

FastForkast headlines

HYBE, Softbank invest big in Zepeto metaverse creator Naver Z

South Korea’s KB Bank unveils a metaverse bank testbed

South Korea’s 20% tax on virtual asset gains is postponed

South Korea’s SK Square is 2nd-largest shareholder of crypto exchange Korbit

Japanese sci-fi novel’s English translations exclusively NFTs