Regulation
Binance buys FTX: Updates on what it means for the crypto industry
The following is a running compilation of views and comments on Binance’s takeover of the FTX exchange amid speculation of solvency problems at FTX.
Danny Park
Contributor
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.
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Regulation
Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation
Japan needs to further relax rules for its crypto industry, said lawmaker of Japan’s ruling Liberal Democratic Party Masaaki Taira.
Danny Park
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Market Analysis
Zuckerberg’s Meta plans to lay off thousands of employees: WSJ report
Meta Platforms Inc. is planning its first significant mass layoff later this week that may affect many thousands of employees.
Danny Park
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Advanced Blockchain Technologies
LG Electronics seeks Web3 talent for blockchain, NFT efforts
LG Electronics is recruiting chief technical officers (CTOs) to lead the company’s growing Web3 business.
Danny Park
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Regulation
South Korea’s online KakaoBank to open accounts for Coinone exchange users this month
KakaoBank, one of South Korea’s online-only banks with nearly 20 million users, said it will start providing accounts for users of Coinone exchange in November.
Danny Park
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Regulation
Crypto fugitive Do Kwon said to be hiding in Europe, mocks ‘cops from world over’ in series of tweets
The South Korean founder of the collapsed Terra stablecoin faces multiple allegations of wrongdoing, the latest being price manipulation.
Danny Park
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Regulation
Binance will re-enter South Korea’s crypto market, CZ says
Binance is preparing to operate in South Korea’s crypto market, said CEO Changpeng Zhao at the Web Summit 2022 held in Lisbon.
Danny Park
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Advanced Blockchain Technologies
NEAR sets up Web3 hub in South Korea, eyes Asia expansion
NEAR Foundation is establishing a Web3 hub in South Korea to expand its allegiance with blockchain projects in Korea and Asia.
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Uncategorized
Asia’s largest metaverse Zepeto targets sex abuse, exploitation
Naver Z Corp. announced its partnership with INHOPE to protect youth from sexual abuse and exploitation on the virtual platform.
Danny Park
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Regulation
S.Korea sees passing crypto investor protection as a priority: report
The country looks to pass an initial bill that focuses on protecting digital asset investors and preventing unfair trade acts, ahead of wider legislation.
Danny Park
