South Korea Tax Office Leaks Wallet Seed, $4.8M in Seized Crypto Reportedly Drained
TL;DR: South Korea’s National Tax Service leaked a seed phrase in a press release; 4 million PRTG worth $4.8 million were drained. On-chain data showed three
south korea (Latest Publications)
Crypto Influencers Face Mandatory Disclosure Under New South Korea Proposal
A lawmaker from the Democratic Party of South Korea introduced a bill that would require financial influencers to disclose their asset holdings and any compensation received when promoting cryptocurrencies
Bank of Korea Seeks Tight Control Over Stablecoin Issuance; Push for Bank‑Led Won Tokens Intensifies
TL;DR: The Bank of Korea submitted a proposal to parliament requesting that only licensed commercial banks be allowed to issue won-denominated stablecoins. The draft includes 100%
Hanwha Partners With Jito Foundation to Launch Liquidity‑Staking ETPs in South Korea
TL;DR: Jito Foundation signed a strategic alliance with Hanwha Asset Management to develop JitoSOL-based liquid staking ETPs in South Korea. JitoSOL is the largest liquid staking
AZTEC Rockets 69% After Securing Two New Listings in South Korea
TL;DR: Aztec surged 69% in 24 hours to $0.03255 after being listed on South Korean exchanges Upbit and Bithumb with KRW trading pairs. The addition of
Regulatory Meltdown: Seoul Scrambles to Explain $43B Bithumb Bitcoin Error
TL;DR Bithumb’s Feb. 6 promo glitch credited 2,000 BTC per user instead of 2,000 won, showing 620,000 BTC and a $43B paper error that sparked selling.
South Korean Prosecutors Retrieve $21.4M in Stolen Crypto After Internal Phishing Error
TL;DR BTC Recovery: South Korean Prosecutors retrieved $21.4M in Bitcoin after a hacker returned 320.8 BTC following a phishing‑enabled theft. Security Response: Authorities moved the recovered
Mirae Asset Takes Over Korbit in $93M Move While Regulators Tighten Control
TL;DR Mirae Asset will buy 92% of Korbit for $93 million in cash, acquire the stakes held by Nexon and SK Planet, and integrate it as
South Korean Police Report Loss of Seized BTC
South Korean police have acknowledged that Bitcoin seized in 2021 has gone missing from a cold wallet, according to local media outlet The Dong-A Ilbo. Authorities
$43B Ghost Bitcoin Scandal: South Korea Investigates Bithumb
TL;DR: A human error credited 620,000 non-existent BTC to user accounts during a promotional event. The Financial Supervisory Service (FSS) is investigating legal violations and internal
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