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“US, South Korea to consider expanded military drills vs North Korea” U.S. President Joe Biden and South Korea President Yoon Suk Yeol said after meeting Saturday that they will consider expanded military exercises to deter the nuclear threat from North Korea at a time when there’s little hope of real diplomacy on the matter. Yoon…
“Secret Service agents sent home from South Korea after drunken incident” Two Secret Service employees were shipped back to the US from South Korea this week following an alcohol-fueled confrontation with a local cab driver ahead of President Biden’s trip to the country, according to multiple reports. ABC News reported Friday that an agent and…
” South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion “ Terraform Labs and co-founder Do Kwon continue to attract more legal trouble in the wake of the collapse of the Terra ecosystem. After early reports of a possible congressional hearing and an investigation from Grim Reapers financial crimes unit, the crypto firm has now…
” ‘Grim Reapers’ financial crimes unit revived to investigate Terra collapse “ Legal troubles are mounting for the co-founder of failed Terra crypto project Do Kwon as the South Korean government revives the dormant “Grim Reapers of Yeoui-do” to investigate Terra’s fall. The special investigative and prosecutorial team consists of members from various financial regulators,…
” South Korean legislature considering new licensing system for crypto “ A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way of protecting investors. The report issued by the Financial Services Commission (FSC) to the National Assembly, the country’s legislature,…
” Do Kwon summoned to parliamentary hearing following UST and LUNA crash “ The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Korean conservative party has requested a parliamentary hearing on the matter. Korea’s conservative party requested to have…
“North Korea’s Kim Jong Un deploys military to fight COVID surge” North Korea says it has experienced an explosive surge in COVID cases and deaths over the past several days, with dictator Kim Jong Un blasting officials for a slow response to the outbreak and ordering the military to take over the distribution of pandemic medicine…
” Look out below! Ethereum derivatives data hints at further downside from ETH “ Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that…
” Nifty News: Steve Irwin’s zoo conservation NFTs, SportemonGo is gone, and more “ The Crocodile Minter Australia Zoo, the famous animal sanctuary owned by Terri Irwin, the widow of Steve Irwin or the crocodile hunter, has launched an NFT project called “Wildlife Warriors.” Wildlife Warriors is also the name of a non-profit organization founded…
” South Korea’s new president delays crypto taxes in favor of consumer protections “ South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic Act is enacted. South Korea’s crypto tax was initially set…