South Korea to Block 27 Crypto Exchange Sites

South Korea to Block 27 Crypto Exchange Sites

South Korean authorities have approved measures to block internal access to 27 websites operated by unregistered crypto exchanges and other virtual asset service providers, including KuCoin, MEXC, Phemex and Bitrue. in a announcement On Tuesday, South Korea’s Financial Intelligence Unit (FIU) said the decision followed an October 6 and 7 review by the Korea Media … Read more

Protect partners with LG CNS on tokenized assets in South Korea

Protect partners with LG CNS on tokenized assets in South Korea

Shares of tokenization platform Securities rose sharply on Tuesday after the company announced a partnership with South Korean technology company LG CNS as the country prepares to introduce a new framework for tokenized securities. Securities ( SECZ ) rose nearly 8% to around $12.60 in early trading Tuesday, outperforming most major crypto-linked stocks, before pulling … Read more

Crypto market makers weigh in after South Korea JPY spike

Crypto market makers weigh in after South Korea JPY spike

South Korea’s Financial Services Commission said it is considering measures to create a market for the digital asset, after a stablecoin tied to the value of the Japanese yen traded four times its peg on a major South Korean crypto exchange earlier this month. Crypto exchange Upbit started trading JPYC, a yen-backed stablecoin, on September … Read more

North Korea Suspected Over $351 Million Bitget Crypto Heist

North Korea Suspected Over 1 Million Bitget Crypto Heist

According to cryptocurrency exchange Bitget, the hackers who stole approximately $351.6 million in digital assets from its systems used techniques very similar to those used by known North Korean threat actors. “Based on IP behavior patterns and on-chain analysis, the attack method in this incident is highly consistent with known patterns of North Korean hacking … Read more