Crypto Analyst Warns of Imminent “Flash Crash” After $618 Million in Liquidations
TL;DR Michael van de Poppe predicts a potential “flash crash” in the crypto market but sees it as a long-term buying opportunity. In the last...
Tag : South Korea
Do Kwon Accused of Converting Stolen Funds from Luna to Bitcoin
South Korean prosecutors accused the embattled Terraform Labs co-founder, Do Kwon, on April 7 of converting stolen funds from Luna to Bitcoin, according to the...
Bithumb Former Chair Found Not Guilty Of All Charges
The 34th Division of the Criminal Agreement of the Seoul Central District Court has come to the conclusion that Lee Jung-Hoon, the former chairman of...
Binance Dominates 64% Market Share After FTX Demise
FTX’s bankruptcy has caused investors to migrate massively to the rival exchange Binance, which currently dominates with a 64% market share among the top 10...
Report: Korean Regulators Say Cryptos Are Vulnerable to Money Laundering
The Financial Services Commission (FSC) of South Korea is proposing an investigation into the number of stablecoins being used on cryptocurrency exchanges while putting a...
South Korean Financial Regulator Wary of Firms Entering the Crypto Market
The head of the South Korean regulator – the Financial Services Commission (FSC), Kim Joo-Hyun, has urged domestic businesses to exercise caution while entering the...
Judge Dismisses Arrest Warrant Against Terra Employee
It has been reported that the warrant that had been obtained for Yoo Mo, the leader of the business team of Terraform Labs, has been...
South Korean Prosecutors Reportedly Arrest a Key Terraform Labs Employee
South Korean prosecutors have reportedly arrested a party connected to the implosion of the Terra blockchain ecosystem after months of the probe without a single...
Huobi Crypto Exchange Signs MOU With City of Busan to Boost Blockchain Growth
The Busan Metropolitan City government and Huobi Korea have signed a Memorandum of Understanding (MoU), under which the cryptocurrency exchange will cooperate closely with the...
Busan Partners With FTX to Build Blockchain and Crypto Businesses
Busan, a port city in South Korea, and the cryptocurrency exchange FTX have struck a partnership agreement to build blockchain-based companies over the next several...