Solana price just one breakdown away from a 40% slide in June — here’s why
Network outages and decreasing smart contract reserves add further downside pressure to SOL price.
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Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be…
Legal troubles mount for Terraform Labs as Seoul police investigative
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation.
South Korea to Establish Guidelines for Crypto Exchanges as Watchdogs Probe Terra Collapse
TerraUSD and its sister token LUNA Classic’s (LUNA) dramatic collapse have pushed the South Korean policymakers to call for swift crypto regulations. Call for Draft Regulation According to a new…
Solana Raises $100 Million to Support Crypto Projects in South Korea
Solana Ventures and the Solana Foundation introduced a $100 million investment and grant fund to aid the development of cryptocurrency projects in South Korea. The initiative could also amass developers…
Major South Korean crypto exchanges delist Litecoin
Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.
Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region.
South Korea ramps up crypto investigations and regulations
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.
South Korean government becomes an early investor in metaverse
South Korea’s rising interest in nascent tech could prompt other nations to take up the idea of metaverse more seriously.
South Korea to Invest $177 Million Directly in Metaverse Platforms
The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in…
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