North Korean hackers stole $400m in crypto last year: report | Crypto

North Korean hackers stole $400m in crypto last year: report | Crypto

Analysis firm says North Korean-linked hacks jumped from four in 2020 to seven in 2021.North Korea launched at least seven attacks on cryptocurrency platforms that extracted nearly $400m worth of digital assets last year, one of its most successful years on record, blockchain analysis firm Chainalysis said in a new report. “From 2020 to 2021, … Read more

Major South Korean Securities Firms, Investors Warming to Crypto

Major South Korean Securities Firms, Investors Warming to Crypto

Source: AdobeStock / panyaphotograph South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets.According to Newspim, an official at a leading commercial bank who … Read more

S. Korean Politician to Accept Crypto Donations

Bitcoin, mining, cryptocurrency

Malaysian officials have arrested 28-year-old suspect on charges of allegedly running illicit crypto mining, a Sunday (Jan. 2) report from Micky says. The police have identified 30 mining stations using electricity stolen from the grid. The stolen electricity was valued at RM 2 million ($478,000), and the operation involved stealing electricity worth $102,239. While crypto … Read more

Korean crypto investment firm Hashed reportedly under tax investigation

Korean crypto investment firm Hashed reportedly under tax investigation

Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea according to local media.The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known for conducting investigations into tax evasion and slush fundraising. A slush fund is a pool of … Read more