South Korean Police Link Lazarus Group to $342M ETH Upbit Hack
South Korean police confirm that the North Korean hackers Lazarus group and Andariel were responsible for the 342,000 ETH theft from Upbit in 2019. South Korean authorities have officially confirmed that the North Korean hacker groups Lazarus and Andariel were responsible for the 2019 theft of 342,000 Ethereum (ETH) from Upbit, the country’s largest cryptocurrency […]
South Korea Confirms North Korea’s Role in $50M Upbit Hack
North Korean hackers Lazarus and Andariel stole 342,000 ETH in a 2019 Upbit hack, South Korean authorities confirm. Authorities in South Korea have revealed that North Korean hackers were responsible for the November 2019 cryptocurrency hack, which involved Upbit cryptocurrency worth $50 million. North Korean hacker groups Lazarus and Andariel carried out the attack, which […]
South Korea Bans Bitcoin Spot and Futures ETFs – Here’s Why
South Korea’s FSS prohibits Bitcoin ETFs and investments in firms like Coinbase, citing outdated regulations that stifle market growth. Bitcoin spot and futures ETFs remain unavailable in South Korea as financial authorities uphold strict regulatory controls over cryptocurrency-related investment products. The Financial Supervisory Service (FSS) has also prohibited ETFs investing in companies linked to virtual assets, […]
BONK Price Surge 12% On Major Listing, $10B Market Cap Up?
BONK price experienced a 12% increase upon its listing on a major crypto exchange today, resulting in a new all-time high. Analysts anticipate an additional 100% increase. BONK , a meme coin based in Solana, has experienced a significant increase in value over the past week. Today, it gained an additional 12% in value shortly […]
South Korea Launches CBDC Pilot with Seven Local Banks
Seven South Korean financial lenders have been permitted to participate in a pilot project that will test digital financial services based on CBDCs. Seven domestic banks have been given permission by the Financial Services Commission of South Korea to take part in a pilot program that will test digital financial services based on deposit tokens […]