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Cryptocurrency

Mon, May 29, 2023 | 21:32

Deceased Nexon founder's cryptocurrency account hacked

Deceased Nexon founder's cryptocurrency account hacked

The cryptocurrency account of Kim Jung-ju, the deceased founder of gaming giant Nexon, was hacked, resulting in the loss of more than 8.5 billion won ($6.7 million), court documents showed Thursday.

2022-12-29 16:20

Dunamu's Momentica offers new digital collectibles for Le Sserafim fans

Dunamu's Momentica offers new digital collectibles for Le Sserafim fans

Fans of Le Sserafim can exchange their “Digital Souvenirs” of the K-pop girl group for new collectible digital cards known as “Take,” according to Levvels, Thursday.

2022-12-22 15:49

Wemix debacle raises calls for swift institutionalization of crypto market

Wemix debacle raises calls for swift institutionalization of crypto market

The abrupt delisting of the once-popular Wemix coin has rekindled calls for authorities to take swift action to institutionalize Korea's crypto market. Wemix was issued by Korea's famous game publisher, Wemade, and its valuation soared to a record high of more than 25,000 won ($19) on Nov. 24, 2021. The coin then fell to around 3,000 won from July this year, following in the ...

Lee Min-hyung | 2022-12-18 10:28

Terraform CEO Do Kwon hiding in Serbia: prosecutors

Terraform CEO Do Kwon hiding in Serbia: prosecutors

Do Kwon, the wanted co-founder and CEO of Terraform Labs accused of fraud following the massive collapse of the blockchain firm's cryptocurrencies, is currently in Serbia, prosecutors said Monday.

2022-12-12 11:52

Cryptocurrency market hit by delisting of Wemix

Cryptocurrency market hit by delisting of Wemix

Wemix, the cryptocurrency developed by game company Wemade, ended up getting delisted from four major local coin exchanges as of 3 p.m. Thursday, as a local court rejected an injunction request filed by Wemade on Wednesday evening.

Anna J. Park | 2022-12-08 16:55

Court denies injunction against delisting of cryptocurrency Wemix

Court denies injunction against delisting of cryptocurrency Wemix

A Seoul court on Wednesday denied an injunction request filed by the operator of cryptocurrency Wemix to block the enforcement of crypto exchanges' decision to delist the coin.

2022-12-07 21:51

Court denies warrant for Terraform co-founder over cryptocurrency collapse

Court denies warrant for Terraform co-founder over cryptocurrency collapse

A Seoul court denied a warrant on Saturday to detain Daniel Shin, co-founder of Terraform Labs, on charges of gaining illegal profits before the massive collapse of the blockchain firm's cryptocurrencies.

2022-12-03 18:06

Terraform co-founder attends court hearing to decide his arrest over cryptocurrency collapse

Terraform co-founder attends court hearing to decide his arrest over cryptocurrency collapse

Daniel Shin, co-founder of Terraform Labs, attended a court hearing Friday to determine whether he should be arrested for allegedly gaining illegal profits before the massive collapse of the blockchain firm's cryptocurrencies.

2022-12-02 12:01

Arrest warrant sought for Terraform Labs co-founder over cryptocurrency collapse

Arrest warrant sought for Terraform Labs co-founder over cryptocurrency collapse

Prosecutors said Wednesday they have sought an arrest warrant for Daniel Shin, co-founder of Terraform Labs, for allegedly gaining illegal profits before the massive collapse of the blockchain firm's cryptocurrencies.

2022-11-30 09:21

Dunamu expands trading restriction to families of executives and staff

Dunamu expands trading restriction to families of executives and staff

Dunamu, the operator of the country's leading cryptocurrency exchange, Upbit, has expanded trading restrictions to family members of its executives and staff as a preemptive measure to enhance ethical management. The decision is drawing attention as the internal control system, which is on par with that of the traditional financial industry, is expected to enhance the overall...

2022-11-29 16:47

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