Contributor
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.
Market Trends
Tim Cook, the chief executive of Apple Inc., said in a recent interview that augmented reality (AR) will become the biggest technology of the future, while he devalued metaverse and virtual reality (VR) technology. See related article: The metaverse is already here. What’s holding back the party? Fast facts “I think AR is a profound […]
Danny Park
Regulation
South Korea’s National Assembly intends to get to the bottom of the Terra-LUNA debacle in its next audit in October along with several other issues surrounding the local crypto industry.
Danny Park
Altcoins
Global digital asset wallet Metamask recently launched a beta version of its new decentralized application (dApp) that would serve as a “one-stop shop” for managing crypto and non-fungible token (NFT) portfolios on different platforms. See related article: As “The Merge” succeeds, rival ETHPoW fork falters Fast facts “Portfolio DApp,” available to extension and mobile users, […]
Danny Park
Metaverse Events
Busan, South Korea’s second-largest city, is opening a virtual space on Naver Z’s Zepeto metaverse at 12 p.m. on Friday, Korea time, to promote the city in efforts to host the World Expo in 2030. See related article: South Korea’s Busan city wants to be blockchain central. Did everyone get the memo? Fast facts The […]
Danny Park
Regulation
Terraform Labs Pte. Ltd., the firm behind the collapse of the Terra-LUNA stablecoin project said South Korean prosecutors’ measures in pursuing its chief executive officer Do Kwon violate his basic rights under Korean law.
Danny Park
Bitcoin News
The man behind Terra-LUNA contradicts the basis of the new action South Korean authorities took to corner and locate him.
Danny Park
Altcoins
Upbit, South Korea’s largest cryptocurrency exchange, is using fees it collected from Luna Classic (LUNC) transactions to establish a crypto monitoring center in a gesture to help compensate for the losses from the Terra-LUNA debacle, according to local media reports. See related article: Interpol issues red notice for Do Kwon, says South Korean prosecutor Fast […]
Danny Park
Market Trends
South Korea’s crypto market was worth 23 trillion won (about US$16.1 billion) in the first half of 2022, down 58% from 55.2 trillion won in the six-month period at the end of last year, according to data from the Financial Intelligence Unit (KoFIU). See related article: South Korea seizes US$184 mln in crypto towards unpaid […]
Danny Park
Metaverse Platforms
Changwon is the latest addition to South Korea’s growing list of cities seeking a presence in the metaverse, signaling the country’s adoption of Web3.
Danny Park
Altcoins
South Korea is pursuing different options to get custody of Do Kwon as the Terraform Labs CEO faces charges for his alleged involvement in the multibillion collapse of the Terra-LUNA stablecoin project.
Danny Park
