Regulation
Singapore’s Alchemy Pay eyes South Korea expansion with US$10 mln funding
Alchemy Pay is eyeing expansion in South Korea following its US$10 million funding from blockchain investment firm DWF Labs.
Danny Park
Lens
South Korea
-
-
Regulation
S.Korea to expand probe on token listing bribes if it sees ‘more evidence’
Taking bribes in exchange for listing cryptocurrencies has been common practice among South Korean exchanges, one expert told Forkast.
Danny Park
-
Regulation
South Korea arrests former Coinone exchange official for alleged crypto-listing bribery
A former employee of the Coinone exchange was arrested Tuesday on charges of accepting bribes in exchange for listing certain cryptocurrencies.
Danny Park
-
NFTs and Art
K-pop star G-Dragon launches NFT on OpenSea with Fandom Studio, BNB Chain
South Korean singer G-Dragon has launched an NFT collection on OpenSea in collaboration with Fandom Studio.
Timmy Shen
-
Regulation
Bithumb executive faces investigation over alleged bribery in South Korean crypto listing
South Korean prosecutors are investigating Lee Sang-jun, the CEO of Bithumb’s holding company, for alleged bribery in listing certain tokens on the platform.
Danny Park
-
Investment Insights
South Korea pours US$51 million into metaverse projects
South Korea is investing 27.7 billion Korean won (US$21 million) into local services looking to utilize the metaverse, the ministry of science announced Wednesday, following Tuesday’s news that it would establish a US$30 million metaverse fund to help startups expand their businesses. See related article: Japanese tech, finance firms sign pact to build metaverse economic […]
Danny Park
-
Regulation
South Korea reports US$4.3 billion in illegal foreign transactions involving cryptocurrencies
The Korea Customs Service has identified US$4.3 billion worth of illegal foreign currency transactions last year involving cryptocurrencies.
Danny Park
-
Regulation
South Korea financial regulator to clamp down on voice phishing involving cryptocurrencies
South Korea will expand the existing law on voice phishing to include crypto related phone scams.
Danny Park
-
Upcoming NFT Projects
South Korea’s Lotte Group partners with Polygon for global NFT drive
Lotte Group plans to expand its non-fungible token (NFT) business onto the global market through a partnership with the Polygon blockchain.
Danny Park
-
Altcoins
Wemade’s WEMIX token surges after relisting on South Korea’s Coinone exchange
South Korean blockchain game developer Wemade’s WEMIX token surged after it was relisted on local crypto exchange Coinone on Thursday.
Danny Park
