South Korea

Huobi Korea wants to sever link with Huobi Global, plans to change name: report
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12 January, 2023

Huobi Korea wants to sever link with Huobi Global, plans to change name: report

Huobi Korea's move comes after multiple consultations with employees and relevant stakeholders, which it says "is a plan to strengthen...
The global metaverse hub: Why South Korea is investing $200M in its metaverse ecosystem
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5 January, 2023

The global metaverse hub: Why South Korea is investing $200M in its metaverse ecosystem

South Korea announced in 2022 that it was investing KRW224 billion in the metaverse, and as the year unfolded, the...
Bithumb ex-chairman not guilty of fraud charges by South Korean court
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5 January, 2023

Bithumb ex-chairman not guilty of fraud charges by South Korean court

The court's decision to absolve Lee Jung-Hoon comes a week after Bithumb's biggest shareholder was found dead while under investigation...
South Korea: Top executives of scam V Global exchange convicted
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31 December, 2022

South Korea: Top executives of scam V Global exchange convicted

Convicted employees of the now-defunct V Global exchange have risen to seven, with two C-level executives being the latest to...
North Korea behind over half of digital asset thefts in South Korea: report
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28 December, 2022

North Korea behind over half of digital asset thefts in South Korea: report

South Korea reports an average of 1.18 million cyberattacks daily from international gangs, with 55% found to be organized by...
South Korean court confiscates $92M in assets linked to Terra tokens
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23 December, 2022

South Korean court confiscates $92M in assets linked to Terra tokens

The assets were obtained from Kernel Labs—a firm close to Terra—and according to court documents, Kernel Labs’ CEO Kim Hyun-Joong...
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