FBI warns of North Korean social engineering schemes to steal crypto

DPRK scammers have been employing fake offers of employment and investment opportunities to trick crypto users into downloading malware.

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South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination.

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South Korea fines Worldcoin for violating personal protection laws

Despite the regulatory hurdles, the projects WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept. 26.

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South Korean foundation to recover funds from defunct crypto exchanges

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

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Upbit to store user data on AWS: What users should know

Upbits privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.

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Blockchain adoption in Asia Pacific will expand into SMEs Blockdaemon

Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain. 

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DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocols users. The attack took $6 million from the projects pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol [...]

The post DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved? appeared first on Crypto Breaking News.

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Bitcoin ETF security concerns mount after FBI warns of North Korean hackers

North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. 

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Bitcoin ETFs are next major target for North Korean hackers Cyvers

North Korean hackers could be eying the infrastructure around Bitcoin ETFs, lured by the $52 billion worth of cumulative holdings.

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Montenegrin court delays Do Kwons extradition to South Korea

The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.

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Seoul Police Arrest 14 in $12.8 Million Crypto Mining Fraud: Report

The scam instigator evaded capture for months with the help of his lawyer's office manager, who arranged plastic surgery and a fake phone.

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Zero-day vulnerability in Chrome exploited by North Korean hackers

A hacker group is using its signature trojan malware to infect users of web browsers with Chromium engines. 

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South Korean crypto CEO stabbed in court during Haru Invest fraud trial

The courtroom stabbing comes weeks after a Chinese gang robbed over $2 million worth of crypto at gunpoint in a luxury estate in Thailand. 

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Terra Fraudster Do Kwon To Be Extradited To South Korea As Appellate Court Rejects US Request

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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares

South Korea's National Pension Service bought $34 million of MicroStrategy stock, gaining indirect exposure to Bitcoin. The pension fund joins others using MicroStrategy as a proxy for Bitcoin investing.

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Bitcoin falls under $60K as investors' global economic slowdown concerns rise

Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.

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Montenegro Court Rules to Finally Extradite Do Kwon to South Korea

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South Korea Defeats United States In Do Kwon Extradition Battle

A months-long legal back and forth will seemingly lead to Kwons extradition to his home country,

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South Korea to tighten crypto exchange oversight with new monitoring system

South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its jurisdiction to eliminate fraudulent transactions. In a July 4 notice, the regulator announced that local exchanges must establish a “continuous monitoring system for unfair transactions” and report “abnormal transactions” via a dedicated transmission line. According to the notice: “To […]

The post South Korea to tighten crypto exchange oversight with new monitoring system appeared first on CryptoSlate.

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South Korea Implements Monitoring System for Crypto Transactions

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