South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
South Korean prosecutors have requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against thousands...
Tag : Korea
Ripple KBank Deal Tests Blockchain Remittances in South Korea
South Korea’s KBank signed a strategic partnership with Ripple on April 27 to test blockchain-based cross-border remittances, marking Ripple’s second Korean institutional deal this month...
South Korea Arrests Man for a Fake AI Wolf Photo That Raised Alarms
In brief South Korean police arrested a 40-year-old man for distributing an AI-generated photo of escaped wolf Neukgu. Daejeon city issued an emergency text to...
The $290 Million KelpDAO Hack Linked to North Korea Wiped $13 Billion From DeFi in Two Days
A $290 million exploit on KelpDAO’s cross-chain bridge on April 18, attributed by LayerZero to North Korea’s Lazarus Group, sent shockwaves through DeFi and erased...
Bank of Korea governor backs CBDCs, deposit tokens in first address
The newly appointed Governor of the Bank of Korea, Shin Hyun-song, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his...
Ethereum Foundation-Backed Program Exposes 100 Nort Korea Operatives Infiltrating Crypto Firms
The Ketman Project, operating under the Ethereum Foundation’s ETH Rangers security program, has in the latest Ethereum news, identified approximately 100 North Korea Crypto IT...