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 […]

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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 […]

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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, […]

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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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What is Operation Choke Point 2.0? Trump vows to end it

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 […]

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What is Operation Choke Point 2.0? Trump vows to end it

Montenegrin Supreme Court Pauses Do Kwon Extradition to South Korea: Report

August 8, 2024 The Daily Hodl

Daily Hodl

The Supreme Court of the southeastern European nation of Montenegro is again postponing Terra (LUNA) co-founder Do Kwon’s extradition to South Korea. According to a report from Montenegrin news outlet Vijesti, Montenegro’s Supreme Court has halted the extradition due to a request for “protection of legality” brought forth by Kwon’s camp. According to a statement […]

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Montenegrin court delays Do Kwon’s extradition to South Korea

August 8, 2024 Coin Telegraph

Coin Telegraph

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.

Montenegro’s Supreme Court has reportedly postponed Terraform Labs co-founder Do Kwon’s extradition after upholding a ruling suggesting he would be removed to South Korea.

According to an Aug. 8 report from Montenegrin news outlet Vijesti, the country’s Supreme Court granted prosecutors’ request to delay Kwon’s extradition to South Korea until the court could rule on a matter concerning the protection of legality. Prosecutors filed the motion on Aug. 2 after an appellate court upheld a previous ruling allowing the Terraform co-founder’s extradition.

After Terra collapsed in 2022, Kwon’s whereabouts were largely unknown, though he remained active on social media. Montenegrin authorities arrested him in March 2023 for using falsified travel documents while attempting to leave the country.

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence

August 7, 2024 Bitcoin.com

Bitcoin

On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an […]

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Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes

August 4, 2024 Bitcoin.com

Bitcoin

The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week. Bitcoin Slides Below $59K At 1:24 p.m. EDT on Sunday, bitcoin dropped to […]

What is Operation Choke Point 2.0? Trump vows to end it

Montenegro Court Greenlights Disgraced Terra Founder Do Kwon’s Extradition to South Korea, Turns Down US

August 2, 2024 The Daily Hodl

Daily Hodl

An appellate court in Montenegro has upheld the decision of a lower court on the extradition case of Terraform Labs co-founder Do Kwon. Kwon is facing criminal charges in his native South Korea and the US for the $40 billion crash of the TerraUSD stablecoin and its companion token, Luna. Both countries sought Kwon’s extradition […]

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