South Korea

IMX, the native token of NFT platform ImmutableX, surged on Thursday to as high as 74 cents, before retreating. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

22. Sept. 2023

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, as some crypto traders say low volatility will likely continue after Wednesday's Federal Reserve rate decision. Stanford University will reportedly return "gifts" it received from FTX. Court filings reveal alleged interactions between FTX founder Sam Bankman-Fried and his parents. And, a look at South Korean's digital asset holdings abroad.

20. Sept. 2023

The Hong Kong government established a task force for promoting Web3 development, according to a press release on Friday. This comes as South Korea's National Assembly passed the Virtual Asset User Protection Act, marking the country's first step towards building a legal framework for virtual assets. "The Hash" panel discusses the state of crypto regulation in the U.S. compared to the rest of the world.

3. Juli 2023

Attorneys for Do Kwon have proposed that the Terraform Labs founder be let off on supervised bail at 400,000 euros ($437,000) as he faces charges in Montenegro for attempting to travel with falsified documents. "The Hash" panel discusses the latest developments as Kwon faces extradition to the U.S. or South Korea.

11. Mai 2023

A new report from Matrixport reveals there is a dominance of altcoins in South Korea currently. Matrixport's Head of Research and Strategy Markus Thielen breaks down which of these tokens are translating into success outside of Korea, citing Ripple's XRP and Aptos Labs' APT token.

2. Mai 2023

The U.S. and South Korea have both requested for the extradition of TerraForm Labs founder Do Kwon, according to Montenegro's Justice Minister Marko Kovac. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.

29. März 2023

The offices of Bithumb were raided on Thursday as part of an investigation into price manipulation of an unidentified coin listed on the South Korean crypto exchange, Yonhap reported. This comes as Bithumb Chairman Kang Jong-Hyun and two other executives were charged with fraud. "The Hash" hosts discuss the latest in the world of global crypto regulation.

27. Jan. 2023

Sebastien Borget, Co-Founder of The Sandbox and President of the Blockchain Game Alliance, alongside Saro McKenna, co-founder of Alien Worlds, join "First Mover" live from Davos 2023 to discuss the outlook for development and adoption of the metaverse and blockchain gaming. Plus, reactions to South Korea launching a metaverse replica of Seoul.

19. Jan. 2023

South Korean prosecutors have indicated the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, according to Bloomberg. This comes as Kwon denied being on the run. "The Hash" panel discusses the latest in the aftermath of the $60 billion collapse of the Terra ecosystem.

4. Nov. 2022

Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.

21. Okt. 2022