RedotPay lands in Seoul with crypto cards
RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...
BlackRock sees digital assets at critical turning point
Digital assets are poised for robust structural growth – not just as investment vehicles but as strategic assets – fueled by growing ins...
Gaming company NXC looks to unload stroller maker Stokke
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700...
S.Korea to allow listed firms to trade cryptocurrencies in second half
South Korea plans to allow companies listed on the local stock market to trade virtual assets, including cryptocurrencies, on a pilot basis in the s...
Korean investors abandon savings, stocks for cryptocurrencies
Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...
Korea seeks tighter control over digital coins, mulls mandatory disclosures
South Korea plans to tighten its controls over cryptocurrency trade in the country by mandating information disclosures for listed virtual assets an...
Koreans flock to cryptos amid Trump-fueled crypto craze
The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...
Growing dollar-backed stablecoin trades may destabilize Korean economy
Trading in dollar-backed stablecoins, cryptocurrencies pegged to the US currency, in South Korea hit a record high amid complex and costly currency ...
Upbit’s staking deposits exceed $2.2 bn
The staking deposits of Upbit, South Korea's leading crypto exchange, surged past 3 trillion won ($2.2 billion) by the end of April, according to ...
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...
Netmarble's Marblex listed on Zaif in Japan
Marblex, a blockchain subsidiary of the South Korean game developer Netmarble Corp., announced on Thursday that it has listed its cryptocurrency Mar...
Com2uS XPLA listed on S.Korea's crypto exchange Gopax
South Korea's Com2uS Holdings Corp. announced on Monday that the cryptocurrency called XPLA used in the Com2uS Group's blockchain mainnet of the s...
WEMIX listed on US virtual asset exchange Tapbit
South Korean game publisher WeMade Co. announced on Thursday that its cryptocurrency WEMIX will be listed on the US cryptocurrency exchange Tapbit.&...
Political crypto scandal hits Korean P2E game deregulation hopes
A South Korean lawmaker’s scandal over ownership of cryptocurrencies, including those issued by domestic game developers, is expected to jeopa...
Korea cryptocurrency WEMIX to be delisted on court ruling
WEMIX, a South Korean cryptocurrency issued by WeMade Co., will be delisted on Thursday after a court ruled in favor of four local crypto exchanges’ d...
SK Telecom launches NFT marketplace open beta service
South Korea’s top mobile carrier SK Telecom Co. launched an open beta service of its non-fungible tokens (NFTs) marketplace TopPort as the com...
Dunamu to nurture 500 Korean startups to create jobs
Dunamu, the operator of South Kora’s largest cryptocurrency exchange Upbit, has launched two programs to support 500 startups over the next fi...
Cryptocurrency Luna plunges 99% after linked stablecoin loses peg
The value of Luna, the cryptocurrency linked to stablecoin TerraUSD, now hovers just above $0. Just a week ago, its market capitalization was around...
LX International’s value soars on cryptocurrency, GAM mine in Indonesia
LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...
S.Korea’s top securities firms enjoy high returns on fintech investment
South Korea’s startups raked in a record amount of investment last year, thanks to the number of unicorns reaching an all-time high.This was n...
Total of 19 mn Bitcoins mined, pushing price upward
Bitcoin mining hit a 19 million milestone in recent days, leading to a jump in its price. Tokyo-based SBI Crypto Co., under the parent company ...
Kakao Piccoma acquires Japan’s cryptocurrency exchange SEBC
Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin (SEBC), a Japanese c...
LG Elec. to sell automotive wireless smartphone charging division
South Korea’s LG Electronics Inc. plans to drop its automotive wireless smartphone charging unit as the global home appliance giant exited fro...
WeMade revises 2021 results to exclude crypto earnings
WeMade Co., a pioneer in South Korea's play-to-earn (P2E) game industry, revised its 2021 operating profit downward by 70% after excluding 220 billi...
WeMade to retire WEMIX cryptocurrency for investor value
WeMade Co., a South Korean game developer, plans to retire 2% of its cryptocurrency WEMIX in the next two weeks to bolster its value for investors, ...
Korea's Mirae Asset to launch digital asset business
Mirae Asset Financial Group, South Korea’s capital market giant, is set to enter the digital asset business, starting with a digital asset cus...
WeMade under fire for massive clandestine WEMIX cryptocurrency sale
WeMade Co., a South Korean video game developer, has come under criticism for the massive unnoticed selling of its cryptocurrency WEMIX, allegedly i...
HYBE, Korea cryptocurrency exchange operator to co-launch BTS NFTs
HYBE Co., the label behind BTS, is expected to launch non-fungible tokens (NFTs) for assets of the world’s top boy band alongside the operator...
KTCU to be Korea’s first pension fund to invest in cryptocurrency ETF
South Korea’s second largest institutional investor Korean Teachers' Credit Union (KTCU), with $40.2 billion under management, is eyeing its f...
Korea’s top cryptocurrency exchange operator becomes decacorn
Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...
