North Korean hackers are using new malware to attack South Korean crypto exchanges: Durian Malware 

North Korea’s state-backed hacking group utilising a new malware called “Durian” to attack the top South Korean crypto platforms.  North Korea likes using cryptocurrency because it helps them get around sanctions and... Read more »
South Korean Regulators to Stop Traders Dumping Stolen Coins

South Korean Regulators to Stop Traders Dumping Stolen Coins

Last updated: April 9, 2024 23:00 EDT | 2 min read South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges. The move follows news from... Read more »
South Korean Crypto Exchanges Outpace Stock Market in Trading Volume Amid Bitcoin Rally

South Korean Crypto Exchanges Outpace Stock Market in Trading Volume Amid Bitcoin Rally

Last updated: March 11, 2024 06:34 EDT | 2 min read The recent Bitcoin rally has reignited a trading frenzy among South Korea’s crypto enthusiasts, with trading volumes on local exchanges surpassing... Read more »
Korean Financial Authorities to “Expel” Crypto Exchanges Deemed Substandard: Report

Korean Financial Authorities to “Expel” Crypto Exchanges Deemed Substandard: Report

Enhanced Regulation and Consumer Protection in South Korea’s Cryptocurrency Sphere South Korea’s KoFIU announces rigorous measures to expel unfit cryptocurrency exchanges, elevating market standards and scrutiny. A proposed preemptive trading suspension system... Read more »
Korean watchdog to ban crypto exchanges that fail to meet stringent new regulatory standards

Korean watchdog to ban crypto exchanges that fail to meet stringent new regulatory standards

The Korea Financial Intelligence Unit (KoFIU) announced a sweeping plan to enhance supervision of the crypto industry, which includes expelling crypto exchanges that fail to meet stringent operational standards, according to local... Read more »
South Korean City Daejeon Faces Crypto Mining Malware Threat

South Korean City Daejeon Faces Crypto Mining Malware Threat

Crypto Mining Malware Found on Government Servers in Daejeon, South Korea In a startling revelation, an audit of the South Korean city of Daejeon’s government servers discovered two servers infected with crypto... Read more »
Korean Crypto Exchanges Reach Highest Yearly Volume in Early December Due to Trading Promos

Korean Crypto Exchanges Reach Highest Yearly Volume in Early December Due to Trading Promos

Early December Sees Unprecedented Activity with Altcoin Trading and Zero-Fee Promotions Driving Unmatched Transaction Volumes Korean crypto exchanges achieve a historic milestone in early December, recording the highest yearly volume in their... Read more »
South Korean Crypto Exchanges Scrap for Survival

South Korean Crypto Exchanges Scrap for Survival

Source: Koshiro/Adobe A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms. The newspaper Daehan Kyungjae reported that... Read more »
South Korean Crypto Investors

South Korean Crypto Investors

South Korea’s Financial Supervisory Service (FSS) is gearing up to implement robust regulations for virtual assets, to heighten investor protection. The FSS has issued a legislative notice outlining key provisions slated to... Read more »
North Korean Hackers Steal Crypto Through Posing As Journalists

North Korean Hackers Steal Crypto Through Posing As Journalists

North Korean hackers are reportedly pretending to be journalists and South Korean government agencies to steal cryptocurrency. “The police believe the illegal cyber activity was aimed at stealing cryptocurrency,” the statement declared.... Read more »