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South Korea, Bitcoin
Upbit premium climbs higher as South Korean won slides to 15-year low against the US dollar
The Bitcoin (BTC) premium on Upbit spiked again, as the Korean won slid to a 15-year low against the US dollar. Data from Bank of Korea shows local investors rushed into crypto in the second half of the year to offset stock market losses.
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
The move follows a vote by the South Korean parliament to impeach Han Duck-soo, the prime minister and acting president, just weeks after impeaching President Yoon Suk Yeol. The won slumped a 15-year low against the dollar.
Bitcoin’s ‘Kimchi Premium’ Jumps Amid South Korean Turmoil
A key metric to gauge the interest in Bitcoin from investors in South Korea has risen this week to a four-month high, as the political turmoil in the East Asian country deepens.
3h
on MSN
Do Kwon will be extradited to the US to face charges over Terra’s $40 billion crypto crash
Do Kwon, the co-founder of the collapsed cryptocurrency firm Terraform Labs, will be extradited to the US to face federal ...
8h
on MSN
Disgraced crypto tycoon Do Kwon will finally be extradited to US from Montenegro
A South Korean national, Kwon is the former CEO of Terraform Labs, the company behind the stablecoin TrraUSD that collapsed ...
Cryptopolitan on MSN
14h
XRP tanks in South Korea, affecting global markets as lawmakers impeach acting president Han Duck-soo
South Korea's political turmoil, including Han Duck-soo's impeachment, causes XRP to drop over 3% and the won to hit a ...
9h
on MSN
S Korean crypto-boss Do Kwon to be extradited to US
South Korean cryptocurrency entrepreneur Do Kwon will be extradited to the United States from Montenegro over the collapse of ...
7h
Korean crypto founder Do Kwon, the man behind TerraUSD, to be extradited to US from Montenegro
Kwon’s company promised stability for TerraUSD, pegged to the US dollar, but the tokens entered a “death spiral” in 2022, ...
CCN on MSN
2d
One-Third of South Koreans Now Own Crypto: Bank of Korea
South Korea recorded a significant jump in crypto investments after the U.S. election. One-third of the Korean population is ...
The Daily Hodl
4h
South Korean Government Slaps Sanctions on 15 Individuals Allegedly Involved in North Korea’s Crypto Heists
The South Korean government says it is imposing sanctions on 15 North Koreans who engaged in illicit cyber activities to ...
Cointelegraph.com on MSN
2d
Over 30% of South Koreans invest in crypto assets
Data from five major South Korean exchanges revealed that there are 15.6 million crypto holders in the country.
Cryptopolitan on MSN
16h
South Korean stocks lean on Trump and AI amid political disaster
South Korea’s stock market is in free fall. It’s chaos out there, and no one knows where the bottom is. The Kospi, the nation ...
The Daily Hodl
2d
South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report
The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections ...
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