Topic
GeneralBeginnerSouth Korea is implementing stricter regulations for cryptocurrency exchanges operating within its borders. A new law, set to be enforced by July 19th, 2024, mandates regular reviews of all listed tokens by domestic exchanges. This move signifies a significant shift towards increased scrutiny in…
#crypto#south-korea
McDonald’s is taking a bite out of the metaverse! The fast-food chain has launched a virtual experience in Singapore, though details remain under wraps. This could be a space for customers to virtually interact with the brand, play games, or even order food for delivery in the real world.…
#metaverse#nfts#south-korea
GeneralBeginnerSouth Korean crypto exchange Gopax, a major player in the region and majority-owned by Binance, has come under fire for reportedly selling its users’ claims against failed crypto lender Genesis Global at a significant discount. The Situation The Controversy Impact and Implications Uncertainties…
#binance#crypto#south-korea
GeneralBeginnerAhead of the AI safety summit kicked off later this week in Seoul, South Korea, its co-host, the United Kingdom, is expanding its own efforts in the field. The AI Safety Institute, established in November 2023 in the UK to assess and address risks in AI platforms, plans to open a second location…
#ai#google#meta
GeneralBeginnerSouth Korean tech giant LG Uplus has made waves in the education sector by collaborating with Yonsei University in Seoul to launch a first-of-its-kind metaverse experience – Meta Yonsei. This unique platform caters specifically to students and faculty, offering a virtual replica of the…
#metaverse#south-korea#web3
BitcoinBeginnerNorth Korean hackers, specifically the group known as Kimsuky, have set their sights on cryptocurrency firms. Their weapon of choice? A new malware variant is dubbed Durian. This malware targets sensitive data stored by crypto businesses. Durian is written in Golang, a programming language gaining…
#crypto#hackers#north-korea
GeneralBeginnerThe AI startup Humane has announced its first foray into the international market, partnering with South Korea’s leading telecom carrier, SK Telecom. This strategic partnership will involve licensing Humane’s innovative CosmOS operating system, paving the way for the introduction of the Ai Pin…
#ai#south-korea
GeneralBeginnerYuga Labs, a nonfungible token (NFT) company, will remove its collections from NFT marketplaces that do not provide royalties to all creators. On February 26, Yuga, the firm behind the popular Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections, declared on X (previously…
#law#nfts#south-korea
BitcoinBeginnerSouth Korea’s Financial Supervisory Service (FSS), the country’s chief financial regulator, intends to seek information from the United States Securities and Exchange Commission (SEC) about spot Bitcoin exchange-traded funds (ETFs). The FSS examines and supervises financial institutions under the…
#crypto#etfs#sec
BitcoinBeginnerJust a week after South Korea’s Financial Services Commission (FSC) warned against trading the US-based spot Bitcoin BTC $41,173 exchange-traded funds (ETFs), the Presidential Office is urging the regulator to reconsider its position. According to a local report from Maekyung, on January 18, the…
#crypto#etfs#south-korea
GeneralBeginnerIn a move towards greater transparency and accountability, South Korean officials will begin publicly disclosing their crypto asset holdings starting in 2024. This decision, announced by the Ministry of Personnel Management said on December 27, 2023, applies to nearly 6,000 government officials,…
#crypto#south-korea
