News with the tag "coinone"

A survey carried out on March 21st across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased by over 50% last year. The amount of crypto owned by South Korean investors is currently worth over 105T won. According to reports from local media outlet Dong...

Is your WEMIX investment suddenly under a magnifying glass? Major South Korean crypto exchanges, Bithumb and Coinone, have just dropped a bombshell, designating WEMIX as a ‘closely monitored asset.’ This move, spearheaded by the Digital Asset eXchange Alliance (DAXA), a key crypto consultative group...

South Korea is becoming one of the leading crypto hubs in Asia. Their love for crypto and XRP investment amid a declining Won has set citizens up for major digital asset investments. What’s more popular than crypto in South Korea? The K-pop industry. K-pop idols have taken over entertainment industr...

South Korea’s Ministry of Strategy and Finance and Regulator, the FSC, plans to have new rules for dollar-tied stablecoin cross-border transactions.

Introducing supervisory fees marks a crucial step toward increased regulation and oversight.

The Financial Supervisory Service (FSS) of South Korea has summoned five leading crypto exchanges in the wake of just implemented crypto laws, signaling heightened scrutiny of industry practices. This move comes in the wake of aggressive fee hikes by major players in the market, sparking concerns ab...

On July 19, 2024, the Act on the Protection of Virtual Asset Users came into effect in South Korea. The new crypto law aims to create a more secure environment for virtual asset users and establish a sound order in the virtual asset market. However, the immediate impact on trading volumes across maj...

Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major South Korean cryptocurrency exchanges, including Upbit...

South Korea’s renowned cryptocurrency exchange, Coinone, is embroiled in a high-profile bribery scandal, highlighting the ongoing challenges in the rapidly growing crypto sector. Two former employees of Coinone, identified as Jeon and Kim, have been convicted for accepting bribes to facilitate listi...

On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange, before eventually arriving at an address purportedly owned by a scammer.