Auto Added by WPeMatico

South Korean Police Confirm North Korea Orchestrated the $50M Upbit Crypto Heist

South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus…

Continue ReadingSouth Korean Police Confirm North Korea Orchestrated the $50M Upbit Crypto Heist

South Korean Finance Regulators to Investigate Upbit’s Monopoly: Report

Financial Services Commission Chairman Kim Byung-hwan said he would “look into it” regarding the market domination of the country’s leading crypto exchange Upbit. In a national assembly meeting, legislator Lee…

Continue ReadingSouth Korean Finance Regulators to Investigate Upbit’s Monopoly: Report

Bitcoin Price in South Korea Sees Largest Discount Since October 2023

According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s…

Continue ReadingBitcoin Price in South Korea Sees Largest Discount Since October 2023