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South Korea’s Bitcoin Kimchi Premium Drops: What Does it Mean for BTC?

South Korea’s Bitcoin Kimchi Premium Drops: What Does it Mean for BTC?

The Bitcoin kimchi premium in South Korea has plummeted significantly amid a broader market decline, signifying weakened enthusiasm among digital asset investors in the country. According to data from CryptoQuant, the Bitcoin kimchi premium slumped to 1.5% on Friday during the afternoon trading session in Asia. For the uninitiated, the kimchi premium is an indicator […]

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Bithumb Korea’s Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

Bithumb Korea’s Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

Bithumb Korea’s fiscal performance for the year 2023 took a significant hit as it remained unfazed by the improvement in the trading volume that the platform witnessed throughout the year. With a more than 57% decline in annual revenue, dropping from 3.201 billion Korean won in 2022 to 1.358 billion won in 2023, Bithumb’s disappointing

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North Korea’s Crypto Onslaught Continues: More Platforms Targeted, Less Loot in 2023

North Korea’s Crypto Onslaught Continues: More Platforms Targeted, Less Loot in 2023

In recent years, there has been an increase in cyber attacks linked to North Korea, with groups like Kimsuky and Lazarus Group employing various malicious strategies to obtain significant amounts of crypto assets. Last year, hackers associated with North Korea reached a peak in crypto theft, accumulating around $1.7 billion. North Korean Hackers: More Targets,

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