Bitcoin Price in South Korea Sees Largest Discount Since October 2023

September 30, 2024 Bitcoin.com

Bitcoin

According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays Below 1% On Sept. 23, bitcoin (BTC) in […]

MicroStrategy completes billion convertible notes offering to buy more Bitcoin

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Worldcoin and Tools for Humanity Fined in South Korea

September 27, 2024 Bitcoin.com

bitcoin.com

Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating the Personal Information Protection Act. According to local media, Worldcoin did not inform data collection subjects about the collection and use purposes, retention and use […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

September 19, 2024 Bitcoin.com

Altcoins

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

MicroStrategy Goes on Biggest Bitcoin (BTC) Buying Spree Since 2021: Report

September 13, 2024 The Daily Hodl

Bitcoin

Software firm MicroStrategy is reportedly accumulating Bitcoin (BTC) at the highest rate it has since 2021. According to a new report by Bloomberg, MicroStrategy purchased 18,300 Bitcoin for about $1.1 billion between August 6th and September 12th, the highest amount the firm has bought since February 2021 when it purchased 19,452 BTC. The report finds […]

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MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices

September 5, 2024 Bitcoin.com

bitcoin.com

South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe penalties for violations, including life imprisonment for profiting over five billion won illegally. South Korea’s Financial […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Crypto ‘Mastermind’ Allegedly Behind $3,360,000 Scheme Arrested in South Korea: Report

September 3, 2024 The Daily Hodl

crypto

Police in South Korea have captured a cryptocurrency scammer who reportedly defrauded millions of dollars from unsuspecting victims. According to the South Korean publication Newsis, the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit arrested and indicted the suspect, Mr. Kim, over fraud and various other charges. Per the report, Kim allegedly lured 158 victims […]

The post Crypto ‘Mastermind’ Allegedly Behind $3,360,000 Scheme Arrested in South Korea: Report appeared first on The Daily Hodl.

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Yonsei University Joins Ripple’s UBRI to Advance Blockchain Research in South Korea

September 3, 2024 Bitcoin.com

bitcoin.com

Yonsei University in South Korea has joined Ripple’s University Blockchain Research Initiative (UBRI), becoming the 58th global partner and the 12th in the Asia Pacific region. This partnership aims to drive innovation in blockchain research across various disciplines, including artificial intelligence, finance, information systems, and management. Supported by Ripple’s funding and resources, Yonsei University will […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

South Korea’s Bitcoin Premium Persists Amid Market Volatility

August 31, 2024 Bitcoin.com

Bitcoin

Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023, South Korea’s Bitcoin Premium Continues Interestingly, […]

MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

Coinbase Ecosystem Memecoin Breaks Out After Earning Sudden Binance Futures Listing

August 20, 2024 The Daily Hodl

Altcoins

A Coinbase ecosystem memecoin is rallying after suddenly gaining support from Binance, the largest crypto exchange in the world. In a new announcement, Binance says it will add futures contracts for Brett (BRETT), a memecoin built on Coinbase’s Ethereum (ETH) layer-2 Base. Brett bills itself as the “mascot” of the Base chain. “To expand the […]

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MicroStrategy completes $3 billion convertible notes offering to buy more Bitcoin

South Korean Pension Fund Invests $32,500,000 in MicroStrategy As the US Firm Continues To Gobble Up Bitcoin

August 17, 2024 The Daily Hodl

Bitcoin

South Korea’s National Pension Service now owns more than $32 million worth of MicroStrategy (MSTR) shares after investing in the Bitcoin (BTC)-friendly US firm earlier this year. The Pension Service, which reportedly manages $764.8 billion worth of assets at the end of 2023, has accumulated 24,500 MSTR shares as of June 30th, according to a […]

The post South Korean Pension Fund Invests $32,500,000 in MicroStrategy As the US Firm Continues To Gobble Up Bitcoin appeared first on The Daily Hodl.

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