Hacks
North Korea’s Lazarus Group linked to $100M Harmony exploit
Elliptics says the strategies employed for the Harmony exploit are consistent with the ones used for the Ronin Bridge exploit a few months ago.
Oluwapelumi Adejumo 2 min read
Asia Crypto News
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
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Top Asia Stories
CBDCs
Taiwan joins growing list of countries developing CBDCs
Plans are in place to roll out a Taiwanese Central Bank Digital Currency, but concerns over privacy and abuse of power remain.
Crime
North Korea’s ‘illicit’ crypto holdings heavily impacted by market crash
Chainalysis says North Korea’s unlaundered crypto holdings have dropped to $65 million due to the recent crypto market crash.
Latest Asia Crypto News & Analysis
Regulation
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Scams
Indian crypto investors have lost $128 million due to fake exchanges and wallets
An estimated $128 million has been stolen by scammers who setup fake cryptocurrency exchanges in India.
Regulation
India will consider 28% additional tax on crypto sales next week
India's federal and state finance ministers will come together at a panel on 28-29 June to discuss whether to implement a new tax on crypto transactions.
Exchanges
Crypto.com secures regulatory approval to set up shop in Singapore
The platform received in-principle approval for the country's digital payment token (DPT) license, which will enable in to offer a range of payment services to customers in Singapore.
Crime
South Korean prosecutors have banned Terra employees from leaving the country
Terraform Labs employees are banned from leaving South Korea as the prosecutors office explores charging Do Kwon with fraud and other crimes.
CBDCs
Israel, Hong Kong enter partnership to test new CBDC against cyber risks
The exposure-free retail CBDC the Bank of Israel and the Hong Kong Monetary Authority plan to test is assumed to carry less financial risk for consumers, Bloomberg News reported.
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Regulation
South Korea’s top exchanges seek to prevent another Terra-like crash
Regulation
Top 5 Korean exchanges delist Litecoin, label it ‘dark coin’ following MWEB upgrade
Investments
Solana launches $100M fund to attract crypto projects from South Korea
Adoption
