#SOUTHKOREAN News

Nigeria Arrests 792 in Landmark Crypto-Romance Scam Raid

cryptopotato.com Nigeria’s Economic and Financial Crimes Commission (EFCC) on December 10 arrested 792 people linked to a massive crypto-romance scam operating out of Lagos. The suspects,…

How Bitcoin breaking $100,000 signals the start of altcoin season with XRP taking the lead

dlnews.com A version of this story appeared in our The Roundup newsletter on December 6. Sign up here. Hejsan! Eric here. Bitcoin’s finally smashed through the $100,000 barrier this…

Hits All-Time High Following Major Bithumb Listing

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Price Hits ATH After 30% Jump on Major Listing

coingape.com South Korean crypto exchange Bithumb has listed DeBridge (DBR) sparking a 30% price surge and pushing the token to an all-time high. The Solana-based cross-chain bridge…

Crypto Controversy: Jail Awaits Former South Korean Politician

bitcoinist.com A member of the South Korean national legislature could possibly face imprisonment for allegedly misdeclaring his cryptocurrency holdings. State prosecutors recommended that…

CryptoQuant CEO: South Korea’s Financial Woes Could Force Crypto Businesses Overseas

cryptonews.com Ki Young Ju, the CEO and founder of CryptoQuant, has raised concerns about South Korea’s financial stability, warning that poor economic policies and political unrest could…

SOTM November 28

coinmetrics.io Welcome to our 200th issue of State of the Market, where we provide an overview of crypto market activity from November 28 – December 4, 2024. This week in crypto markets:…

Bitcoin blew past $100,000 price. Experts see three drivers on path to $200,000 and beyond

dlnews.com The Bitcoin rally keeps pumping. The largest cryptocurrency finally blew past $100,000, a crucial milestone for the 16-year-old asset. After rising 6% over the last day,…

KRW Whales Accumulate USDT At 1998 IMF Crisis Level, Market Crash Ahead?

coingape.com South Korea appeared to be moving towards an economic crisis, especially as the KRW whales shifted their focus towards the USDT stablecoin. Notably, with the South Korean…

South Korea’s Deputy PM: ‘Government Not Negative on Crypto’

cryptonews.com South Korea’s Deputy Prime Minister has claimed that the government is not negative on crypto-related matters. Choi Sang-mok, the nation’s Deputy Prime Minister and Minister…

South Korean investors choose XRP over Bitcoin as political crisis deepens

dlnews.com Whenever a country is engulfed by a crisis that punishes its fiat currency, households and businesses tend to flock to Bitcoin and Tether’s USDT to safeguard their wealth.…

Did South Korea’s martial law stop XRP rally? Here’s what’s driving the price

dlnews.com XRP is wobbling. Crypto’s third biggest asset slipped for the second consecutive day, dampening its impressive fivefold price rally in the last month. The price slump came…

South Korean Congressman Sentenced To Six Months in Prison for Concealing $7.5M in Crypto Holdings

cryptonews.com In an eye-opening case that reflects South Korea’s rigorous stance on crypto regulation, Kim Nam-guk, a former Democratic Party congressman, is facing legal repercussions…

Bank Employee Who Stole Millions to Buy Crypto Jailed for 15 Years in S Korea

cryptonews.com A South Korean bank employee who stole some $12.4 million from his employer to spend on private crypto purchases has been jailed for 15 years. The media outlet Jose Ilbo…

South Korean crisis flips ‘kimchi premium’ as Bitcoin and XRP fall sharply in Seoul

dlnews.com Most cryptocurrencies dropped sharply in value on South Korean exchanges Tuesday after President Yoon Suk Yeol declared martial law amid a political crisis in the Asian…

What’s going on with XRP? Five reasons why the Ripple-issued crypto is surging

dlnews.com XRP soared to become the third most valuable cryptocurrency in the world when it hit $2.48 on Monday — its highest price in six years. While it’s still off its 2018 high of…

South Korea Should ‘Quickly Institutionalize’ Crypto, Stock Exchange Chief Says

bitcoinist.com Korea Exchange’s chief recently suggested that South Korea must review its crypto approach and institutionalize digital assets soon to compete against other nations. The…

Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion

cryptopotato.com Prominent exchange listings often ignite massive price surges for lesser-known tokens, especially during a bull market. South Korean crypto exchange giant Upbit’s…

Binance to List Pudgy Penguins’ PENGU and Simon’s Cat Meme Coin

beincrypto.com Binance has announced the listing of two new tokens—Pudgy Penguins’ native token, PENGU, and the Simon’s Cat meme coin. PENGU will debut on December 17 at 14:00 UTC, with…

BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea

dailyhodl.com December 16, 2024 – Seychelles, Seychelles On November 27, 2024, BYDFi announced its official membership in South Korea’s CODE VASP Alliance. The partnership includes…

South Korea Doesn’t Want To Be Vague About Crypto Anymore! Stock Exchange Chief Calls For Institutionalization

99bitcoins.com On 15 December 2024, in an interview with local media, Jeong Eun-bo, the Chairman of South Korea Stock Exchange, urgently called for institutionalization of the crypto…

Binance News: Moca Network Gets Binance Futures Listing

coingape.com Binance News: Moca Network secured a Binance listing, gaining notable traction from the market participants, as evidenced by its robust rally. During writing, MOCA price was…

soars after Upbit, Bithumb, and Binance listing

coinjournal.net surged 370% after listing on Upbit, Bithumb, and Binance Futures. Binance Futures launched MOCA USDT Perpetual Contracts with up to 75x leverage, increasing liquidity. Whale…

MOCA Token Surges by 380% After Major South Korean Exchange Listings

coinpedia.org The post MOCA Token Surges by 380% After Major South Korean Exchange Listings appeared first on Coinpedia Fintech News After being listed on South Korea’s leading crypto…

Price Rockets 370% Today, Here’s Why

coingape.com Mocaverse ecosystem native utility and governance token, price has skyrocketed 370% today. This follows after South Korean crypto exchanges announced the listing of the…

South Korea Stock Exchange Chief: It’s Time to Institutionalize Crypto

cryptonews.com The head of South Korea’s stock exchange says the nation should “institutionalize crypto” and “act quickly” or risk losing ground on its international rivals. In an…

Global Crypto Trading Trends Reveal Regional and Seasonal Nuances: Coin Metrics

news.bitcoin.com Cryptocurrency trading demonstrates distinct regional and seasonal patterns influenced by regulatory environments, user preferences, and market dynamics, according to an…

surges post-listing, but concerns rise

ambcrypto.com None The FDV of the Magic Eden crypto, ME, spiked to $15 billion but has dropped to around $5 billion. • None ME’s market cap has declined by over 50% in the last 24 hours.…

Crypto to Hollywood: ‘Crypto Man’ and Streaming Giants HBO and Netflix Are Embracing Crypto Culture

99bitcoins.com The cryptocurrency world will again be in the spotlight in Hollywood after a new South Korean film, ‘Crypto Man,’ went viral as the final portrayal of the late actor Song…

Disgraced Terra Founder Do Kwon Inspires Korean Indie Film ‘Crypto Man’

decrypt.co The $45 billion Terra crash of 2022, involving TerraUSD and LUNA, is set to be immortalized in a new South Korean independent movie. In “Crypto Man,” the late actor Song…

Japanese Crypto Exchange Operator Coincheck Debuts on Nasdaq

cryptonews.com Japanese Coincheck Group, the parent company of the crypto exchange operator Coincheck, announced that it has been publicly listed on the Nasdaq Global Market. The exchange…

Why XRP Price Dropped 10%? Why Traders Are Selling XRP

coinpedia.org The post Why XRP Price Dropped 10%? Why Traders Are Selling XRP appeared first on Coinpedia Fintech News Since December 8, the XRP market has seen a decline of over 10.63%.…

Martial Law Chaos: South Korea Pauses ‘All’ Work on Crypto Legislation

cryptonews.com Martial law chaos is continuing to wreak havoc on South Korea’s crypto sector, with the National Assembly vowing to halt all work on related legislation for the foreseeable…

Where in the World is Crypto Trading?

coinmetrics.io In this issue of Coin Metrics’ State of the Network, we’ll explore the seasonal and geographical patterns of crypto trading activity. We’ll use the South Korean market as a…

Major South Korean Movie ‘Crypto Man’ Set for Jan 2025 Release

cryptonews.com Crypto Man, a major South Korean crypto-themed movie based on true events, is set to hit theaters in January. The film is likely to garner worldwide attention not only for…

Top 10 Airdrops For The Second Week of December

beincrypto.com Crypto airdrops farmers have ten valuable opportunities to receive free cryptocurrency tokens from projects backed by renowned investors. These airdrops distribute free…

MOVE Token Reaches $1.6 Billion Market Cap After Airdrop Launch on Binance

beincrypto.com Movement Network, a blockchain platform built on Ethereum’s layer-2 using the MoveVM, launched its native token, MOVE, on Monday with a massive airdrop. The airdrop…

Ripple CEO rips former SEC official in ‘60 Minutes’ XRP debut

dlnews.com Ripple CEO Brad Garlinghouse got a bit of mainstream spotlight with an appearance on the CBS program “60 Minutes.” On the show, Garlinghouse got a chance to present the case…

Movement Network's MOVE Will Be Listed on Binance, Upbit and Bithumb Amid Airdrop

coindesk.com Movement, an Ethereum layer-2 network that was built using MoveVM, will issue its native token on Monday with a portion of the tokens being airdropped to early users and…

Expert Explains Why Martial Law Threw South Korea’s Crypto Markets into Chaos

cryptonews.com A South Korean expert says panicked investors thought their crypto was under threat when President Yoon Seok-yul declared martial law last week. In an opinion piece for…

5 Cryptos Under $1 That Could Skyrocket During The Christmas Market Surge

thecryptobasic.com With the festive season on the horizon, some undervalued cryptocurrencies are set to shine. Priced below a dollar, these hidden gems could experience explosive growth during…