S. Korea’s crypto assets exceed W55tr

A woman stares at a giant electronic signboard displaying the trading information of different virtual currencies at a cryptocurrency exchange in Seoul. (Yonhap)

South Korea’s crypto assets market has grown to 55.2 trillion won ($45.9 billion) as of end-2021, with the number of users amounting to nearly 5.58 million, according to a recent study by the nation’s top financial regulator on Tuesday.The Financial Service Commission conducted the study, a first of its kind, based on data compiled from … Read more

Crypto Hacks Now Serve as North Korea’s Long-Term Investment

Crypto Hacks Now Serve as North Korea’s Long-Term Investment

Cryptocurrency exchanges have lost billions of dollars to hackers over the past decade. However, the cryptocurrency market continues to grow despite the hacks as the adoption of Bitcoin and other cryptos continues to rise. North Korean Hackers Generated $1.7 Billion from Hacks Recent reports have revealed that North Korean hackers have stolen more than $1.7 … Read more

What the UK can learn from South Korea’s Covid response | Devi Sridhar

With winter approaching, it’s time to talk about the optimal Covid-19 strategy again – and for that, we need to look once more at what’s happening in South Korea.It has vaccinated 79.2% of its population with two doses, and, if it continues administering 220,000 doses a day, will have covered almost 90% of its population … Read more

NFT Craze, Cryptocurrency Boom Mint Korea’s First Two Billionaires From Crypto Industry

NFT Craze, Cryptocurrency Boom Mint Korea’s First Two Billionaires From Crypto Industry

Song Chi-hyung, founder of Dunamu. FILIP PERAIC Two of the largest shareholders in Dunamu, the operator of South Korea’s dominant cryptocurrency exchange, are the first two people in the country from the crypto industry to become billionaires as the value of their startup skyrocketed 21-fold in less than a year. Last week, Hybe, the agency … Read more

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