According to CoinDesk's Emily Parker, there are indications of advancement in Do Kwon's home country despite the ongoing impact of Terra's downfall.
South Korea seeks extradition of Terraform Labs CEO following his arrest in Montenegro.
Co-founder and CEO Kris Marszalek remarked: 'This is an exciting next step for Crypto.com in an important market.'
The government of South Korea has set aside $117.1 million for the metaverse, a bet on its future potential and a priority for the country in the years to come.
The collapse of cryptocurrencies LUNA and stablecoin UST has prompted South Korea's top financial regulators to begin an emergency inquiry. Authorities have requested information on transactions and investors in the two currencies from local cryptocurrency exchanges.
The United States Treasury Department is stepping up attempts to halt the flow of stolen cryptocurrency following an unprecedented $620 million hack.
A serving military captain and the operator of a cryptocurrency exchange were recently arrested in South Korea on suspicion of espionage for a North Korean hacker. The two South Koreans were allegedly paid a total of $637,789 in bitcoins in exchange for their espionage activities.
Three ethereum addresses have been added to the Office of Foreign Asset Control's (OFAC) Specially Designated Nationals and Blocked Persons List (SDN). The Lazarus Outfit, a cybercrime group linked to North Korea, is said to be in charge of the ether addresses, according to OFAC.
The operators of a cryptocurrency wallet that has been sanctioned by the United States continue to sell their cash.
The three new wallets join an Ethereum address that was put to the sanctions list just a few weeks ago.