Korea Joongang Daily
Korea JoongAng Daily

[NEWS IN FOCUS] Crypto winter tests faithful, drives some to property deals

In the depths of the crypto winter, the faithful are muddling through one way or another.

2023-04-23

North Korean hackers try offloading crypto and partly succeed

A North Korean hacker group tried to launder cryptocurrency worth $63 million that it stole last year, but its attempts were partially blocked by crypto exchanges, according to blockchain experts.

2023-01-18

[NEWS IN FOCUS] Do Kwon and the regulators: Catch me if you can

Forty billion dollars of value vanished, and so did the creator of the crypto coins that shook the market and affected the lives of many people in Korea and elsewhere.

2022-07-23

Tumbling bitcoin

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

2022-05-12

First phase of CBDC testing completed with successful results

The first phase of a central bank digital currency (CBDC) test has been completed, with the second of the two phases set for completion in June.

2022-01-24

Upbit recovers ￦2 billion after Polygon blockchain mix-up

Upbit, Korea's largest cryptocurrency exchange, said Friday that it was able to recover digital assets worth 2 billion won ($1.69 million) that were incorrectly transferred using an unsupported blockchain network.

2021-12-12

Bitcoin rising

A display at the cryptocurrency exchange Coinone's customer center in Yongsan District, central Seoul, shows the price of bitcoin rising on Tuesday. Bitcoin traded above 57 million won ($48,300) while Ethereum traded at 3.88 million won.

2021-08-24

Coins must pass bank muster if exchanges want accounts

As crypto exchanges give altcoins the old heave-ho, there’s a method to their madness, literally.

2021-06-28

More places take cryptocurrency in payments

Cryptocurrencies are finding their way into people’s daily lives. At least in theory, they can be used to pay for coffee, movie tickets — or make donations to charities.

2021-05-06

Korea to impose tax on cryptocurrency

Korea plans to impose tax on cryptocurrency, the country's finance minister said Wednesday, adding that his ministry will announce the details next month.

2020-06-17