South Korea


Policy

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

Shin is seeking to distance himself from Terra and Kwon as he faces trial in South Korea.

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

Markets

South Korean Investors Prefer Altcoins to Majors, Tron to Ethereum: DeSpread Research

Koreans trade differently to the rest of the world, market data shows.

(Daniel Bernard/ Unsplash)

Finance

Sui Foundation Calls Report of Supply Manipulation 'Materially False'

The token fell as much as 9% on Tuesday after a report questioned if SUI supply is being manipulated through staking.

Sui unlock schedule (tokens.unlock)

Videos

NFT Platform ImmutableX's IMX Token Surges This Week, Upbit Leads Volume Growth

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."

Recent Videos

Videos

Sam Bankman-Fried’s Dad Has Alleged Dispute Over $200K FTX Salary; Crypto Markets Await Key Fed Decision

"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.

CoinDesk placeholder image

Policy

South Koreans Hold $99B of Digital Assets Overseas: Tax Service

The crypto held abroad accounts for about 70% of all assets held outside the country.

(Daniel Bernard/ Unsplash)

Finance

$500B Korean Asset Manager Mirae Taps Polygon Labs in Securities Tokenization Drive

Mirae Asset Securities is teaming up with Ethereum scaling solution Polygon Labs to develop a tokenized securities network and accelerate adoption of Web3 technologies.

(Daniel Bernard/ Unsplash)

Finance

BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank

The Californian company will develop custody services and security solutions, local media reported.

(Pixabay)

Policy

Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report

Jeju, Busan and Incheon are in the running to be considered.

(Daniel Bernard/ Unsplash)

Markets

Curve Finance's Token Surges 500% on Bithumb After Major Exploit

The CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness.

CRV's price in Korean won terms (TradingView)