Korea Crypto News
Learn about the latest Korea blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
US, South Korea to cooperate over Terra investigation
South Korea and the United States have agreed to share investigation data about the Terra network crash.
South Korean prosecutors have banned Terra employees from leaving the country
Terraform Labs employees are banned from leaving South Korea as the prosecutors office explores charging Do Kwon with fraud and other crimes.
South Korea’s top exchanges seek to prevent another Terra-like crash
The exchanges are proposing to create three different committees that will be saddled with compliance monitoring, market monitoring, and transaction support.
Top 5 Korean exchanges delist Litecoin, label it ‘dark coin’ following MWEB upgrade
The top five Korean exchange err on the side of caution and delist Litecoin for compliance reasons.
Solana launches $100M fund to attract crypto projects from South Korea
South Korean developers might be unwilling to take the new Solana's fund bait considering the network has suffered seven outages in the last 12 months.
South Korea eyes listing rules for crypto exchanges after LUNA scandal
South Korea is looking to introduce a "self regulatory" system and has engaged local crypto exchanges on the matter.
Terraform Labs caught moving $4.8M through shell company
Do Kwon may have just been caught laundering money through Terraform Labs into a Korean shell company called Kernel Labs
South Korea sets $117.1 million budget to kickstart metaverse industry
South Korea's government has earmarked $117.1 million for the metaverse, betting on its potential and having this technology as one of their main focus in the following years.
Terraform employees under probe for UST collapse in South Korea
A team of the Prosecutor's Office has summoned all Terra employees to investigate if the collapse was caused by price manipulation.
South Korea to tighten scrutiny of exchanges after Terra LUNA collapse
In an emergency two-day seminar, South Korean regulators discussed how to increase scrutiny of crypto exchanges amid the Terra LUNA collapse.
Litecoin’s privacy upgrade could lead to delisting from South Korean exchanges
Citing the altcoin's recent privacy upgrade, UPbit and Bithumb issued investment warnings against altcoins, which could potentially lead to delisting.
Terra faces litigation from South Korean investors over failed UST investment
The law firm is applying to the Seoul Metropolitan Police Agency to seize all Do Kwon's properties in the country.
South Korean lawmaker suggests summoning Do Kwon to the national assembly
According to Yun Chang-hyeon, the delay in legislation has seen investors continue losing a lot of money, and bringing in Do Kwon would help introduce measures to protect investors.
Do Kwon fears for his safety following Terra (LUNA) implosion
An unknown person knocked on Do Kwon's front door asking for him, before fleeing the scene. Local police have opened an investigation.
ICOs are coming back following sweeping crypto reforms in South Korea
A new South Korean administration, in Yoon Suk-yeol's conservative People's Power Party, is wasting no time in bringing crypto reforms.
Terra teams up with LongHashX to offer Web3 startups up to $500,000 in funding
Terraform Labs and LongHash Ventures have joined forces to “accelerate and invest in the next generation of Web3 protocols on the Terra blockchain.”
Why crypto was so important to the recent Korean presidential election
The fiercely contested presidential campaign has been decided and today, crypto enthusiasts celebrate Yoon Suk-yeol's victory.
South Korea’s presidential candidates issue NFTs in latest bid to win votes
The two candidates are neck and neck in the race to become South Korea's next president and have been appealing to the crypto community to garner more support.