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South Korea
Q3 Profit at South Korean Crypto Exchange Upbit's Parent Slides 73%
The firm was hit by a market decline and lower trading volume.
South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe
Officials said they suspect Chai Corp. leaked customer information to Terraform Labs.
FTX Fallout Adds Urgency to South Korea’s Push for Crypto Regulations: Report
An official at the Financial Services Commission says that unfair trade needs to be regulated.
Terra Co-Founder Do Kwon May Be in Europe: Bloomberg
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.
Terra's Do Kwon May Be in Europe: Report
Prosecutors also said they have obtained chat histories which point to price manipulation of the tokens he created, according to the report.
Blockchain Venture Firms to Invest $100M in Busan for Ecosystem Development
EOS Network Foundation, OKX Blockdream Ventures, AlphaNonce and others agreed to invest in blockchain companies in South Korea's second-largest city.
Crypto Exchange Gate.io to Help Busan, South Korea, Build Blockchain Infrastructure
The firm joins Binance, Huobi and FTX in inking paperwork with the city as it develops its nascent crypto market.
Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific's Convertible Debt
The Dubai-based exchange said it sees the investment as a means to expand into the Korean market.
South Korean Regulator Plans to Look at Stablecoins' Role in Money Laundering: Report
The country's Financial Services Commission considers stablecoins to be highly susceptible to money laundering, according to a new report.
South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
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.