Terraform Labs, the platform behind the collapsed stablecoin TerraUSD, has been approved by a U.S. court to wind down operations in bankruptcy on Thursday after agreeing to a $4.47 billion settlement with the U.S. Securities and Exchange Commission.
Netflix Korea decided not to award 300 million won ($224,000) in prize money to YouTuber Oking, who won Netflix’s competition show “The Influencer,” after he leaked news of his victory before the show’s last episode.
The price of Bitcoin is displayed on a screen at the Upbit Lounge in Gangnam District, southern Seoul, on Thursday as the cryptocurrency's price dropped after the U.S. Federal Reserve hinted at a possible rate cut, sparking a stock rally.
The Supreme Court of Montenegro scrapped the extradition of Terraform Labs founder Do Kwon to his home country of Korea.
Crypto.com, a Singapore-based cryptocurrency exchange, is launching a mobile app for Korean investors, signaling the beginning of its full operations in the country after initially entering the market in August 2022.
Korean investors are flocking to bitcoin as prices soar, driving up cryptocurrency-related stocks. Trade volume on Korea's five major crypto exchanges surpassed that of the Kospi.
Korea jointly issued a statement Friday supporting a new international framework to automatically exchange information on crypto-asset transactions to ensure tax compliance.
North Korea’s ambassador to Angola delivered his farewell greetings to the country's leader, Pyongyang’s state media reported Monday, formally drawing the curtain on the North’s diplomatic presence in a second African country.
Bitcoin prices have climbed to a two-and-a-half-year high, peaking at over $35,100 in Tuesday's early trading session, and is now being traded at over $30,000.
Korea's virtual asset market cap surged 46% in H1 2023 to reach $21.1 billion, driven by rising cryptocurrency prices and investor sentiment, according to a report by the Financial Services Commission.
Korea JoongAng Daily Sitemap
