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Sharp drop

A graph shows the value of Bitcoin plummeting below 30 million won ($24,000) at the cryptocurrency exchange Bithumb customer center in Seocho-dong, southern Seoul, on Tuesday.

2022-06-14

[WORD_ON_THE_WEB] 'They knew what they were getting into'

Cryptocurrencies Luna and TerraUSD's prices have plunged, causing a ripple in the global crypto market.

2022-05-24

[DEBRIEFING] Luna, Kwon and all things Terraform

A coin that was once No. 8 globally in terms of market capitalization almost vanished overnight last week.

2022-05-19

'Astronomical' damages claimed in suit against Luna's Do Kwon

LKB & Partners filed a complaint on behalf of five clients against Terraform Labs and its co-founders on Thursday.

2022-05-19

Tumbling stocks

A digital screen at the Bithumb office in Gangnam, southern Seoul, shows the price of bitcoin falling Wednesday afternoon after the Korean cryptocurrencies Luna and TerraUSD collapsed last week. A bitcoin was ...

2022-05-18

Luna's Do Kwon may face legal peril, some attorneys argue

The mastermind behind the Terra stablecoin could face legal peril despite regulators in Korea throwing up their hands and saying there is little they can do about what may be the most dramatic collapse in financial markets history.

2022-05-18

Tumbling bitcoin

Bitcoin fell below 40 million won ($31,000) for the first time in nine months.

2022-05-12

No safe haven

The price of the largest cryptocurrency dropped around six percent to 43.3 million won ($36,000) on Thursday on the news of Russia’s invasion of Ukraine.

2022-02-24

In a crisis, gold proves its mettle as bitcoin loses its luster

The crisis in Ukraine is driving up the price of gold and knocking bitcoin and other crypto investments.

2022-02-23

Bitcoin is back

Bitcoin traded at 51.98 billion won on Monday at 8:45 a.m., up 2.75 percent from the previous day.

2022-02-07

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