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Category south korea

South Korea’s FSC Expands Travel Rule, Tightens Oversight of Crypto Transactions

South Korea’s FSC Expands Travel Rule, Tightens Oversight of Crypto Transactions

South Korea announced plans to expand the travel rule to cover smaller crypto transactions and bar individuals with serious criminal records from b...
South Korea to Extend Crypto Travel Rule to Sub-$700 Transactions in AML Clampdown

South Korea to Extend Crypto Travel Rule to Sub-$700 Transactions in AML Clampdown

South Korea will extend its crypto Travel Rule to cover sub-$700 transactions, closing a loophole used to evade identity checks. The post South Kor...
North Korea’s Notorious Hacking Group Lazarus Blamed For $37 Million Heist On South Korea’s Upbit

North Korea’s Notorious Hacking Group Lazarus Blamed For $37 Million Heist On South Korea’s Upbit

The multi-million-dollar Solana hot wallet breach on crypto exchange Upbit on Thursday was the work of North Korean hackers, South Korean authoriti...
Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist

Lazarus Group Suspected in $36M Upbit Cryptocurrency Heist

South​‍​‌‍​‍‌​‍​‌‍​‍‌ Korean law enforcers are investigating out if North Korea’s notorious Lazarus Group was behind the $36 million cyberattack th...
Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users

Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users

Upbit said it reimbursed all 38.6 billion won in member assets from its reserves.