Hacks
South Korea names two crypto firms in breach wave that also hit major banks
Streami and Pravang are among 16 affected financial companies as the FSC outlines plans for a wider security overhaul.
Liam 'Akiba' Wright 2 min read
South Korea Crypto News
Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
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Regulation
South Korea locks out crypto users as 27 exchange sites go dark
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Market
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Bitcoin recovers above $83,000 despite a 5.5% plunge in Korean equities, but derivatives data suggest sellers retain control.
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Legal
South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules
The Supreme Court's new framework allows the seizure of crypto held on exchanges and in private wallets, including transfers before debtors receive formal notice.
Payments
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
Ripple’s institutional expansion is accelerating even as its flagship token trades at its weakest level since 2024.
Legal
South Korea puts crypto exchanges on a seven-day clock under new seizure rules
Courts could force platforms to identify and freeze debtor holdings within a week as an Aug. 11 consultation deadline approaches.
Derivatives
Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid
A later snapshot showed open interest down 20.29% while TradeXYZ investigated the price inputs submitted to HyperCore.
Exchanges
South Korea’s 8% stock crash set up a crypto rotation but Upbit volume rose just 4%
Even after rising twice, Upbit volume on July 14 remained 27% below its 30-point average.
Market
South Korea’s KOSPI crashes 10% as regulator admits ETF mistake – Bitcoin falls below $63,000
The KOSPI rout hit chipmakers that dominate the index and spilled into crypto markets already weakened by persistent ETF outflows.
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AI
The world’s hottest AI stock market just swung nearly 17% in two days
Regulation
Crypto rails made prediction markets global, gambling laws may make them local again
Analysis
The South Korean bank powering Upbit is testing Ripple integration for cross-border payments
Exchanges
