The Shib Crypto Recap: Thursday
Today’s cryptocurrency news is focused on various subsectors, including the forced liquidation of a significant player in the crypto banking industry. This
South Korea Declares ‘Zero Tolerance’ on Crypto Misconduct
Authorities in South Korea are stepping up efforts to combat misconduct and illegal activities in the cryptocurrency market. Lee Bok-hyun, chief of
Worldcoin Faces Backlash As South Korea Slaps Crypto Project with $850,000 Fine
A bold vision to create a universal digital identity system hits a snag, as Worldcoin, the ambitious project spearheaded by OpenAI co-founder
Crypto-Funded Drug Ring Dismantled by South Korean Authorities
South Korea’s Narcotics Crime Investigation Unit has dismantled a drug distribution network that used cryptocurrency to facilitate illicit transactions. The recent arrest
Korea Food Research Institute Employee Caught Running Crypto Mining Operation Using Stolen GPUs
An employee of the Korea Food Research Institute (KFRI) was recently found to have secretly installed a cryptocurrency mining server within the
South Korea’s FSS to Inspect Virtual Asset Exchanges for Illegal Transactions
South Korea’s Financial Supervisory Service (FSS) announced on Tuesday its plan to conduct an unprecedented inspection of virtual asset exchanges in the
Haru Invest CEO Attacked During Fraud Trial in South Korea
The CEO of bankrupt South Korean yield platform Haru Invest was attacked with a knife in a courtroom on Wednesday during a
Altcoin Delisting Rumors Spark Investor Panic, Korean Exchanges See Double-Digit Drops
Fueled by unsubstantiated rumors of a government crackdown, South Korea’s cryptocurrency market experienced a significant downturn this week. Major altcoins (alternative coins)
Hundreds of Cryptocurrencies Could Be Delisted in South Korean Shakeup
South Korea’s cryptocurrency market is bracing for a sweeping regulatory crackdown. Starting next month, approximately 600 virtual assets will undergo rigorous evaluation
