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South Korea's Ministry of Science and Informatics announced that it will invest in a fund aimed at supporting metaverse initiatives in the country, and the fund has set an investment amount of $18.1 million.
#korean #crypto2023 #Metaverse #Web3 #southkorea
#korean #crypto2023 #Metaverse #Web3 #southkorea
Alchemy Pay received $10M investment from DWF Labs at a $400M valuation to expand in 🇰🇷 South Korea.
#korean #labs #Binance #crypto2023 #BTC
#korean #labs #Binance #crypto2023 #BTC
Coinone Broker Arrested In South Korea For Allegedly Offering Kickback In Exchange For Token Listing
In the world of cryptocurrency, the integrity of trading platforms and their operators is crucial to maintaining the trust and confidence of investors. Unfortunately, a recent news report from Seoul highlights how some unscrupulous individuals seek to profit from the market by resorting to illegal means.
According to the report from the Korean news agency Newsis, a broker named “Mr.Go” has been arrested and charged with bribery for allegedly attempting to offer kickbacks to employees of the cryptocurrency exchange Coinone. Mr.Go is said to have made the offer to a former Coinone employee named “Mr.Jeon” in exchange for listing token on the exchange.
The report states that Mr.Go offered token and other gifts to Mr.Jeon in 2020 in exchange for his help in securing the listings. Although Coinone ultimately listed the assets in question, it is unclear whether Jeon’s actions had any influence on the decision.
The investigation into the matter reportedly began as part of a broader probe into market manipulation and collusion within the cryptocurrency industry. While the authorities have not provided further details on the allegations, the case raises concerns about the potential for corruption and fraud in the sector.
News of the incident has caused some concern among investors in the cryptocurrency market, who worry about the impact that such actions could have on the industry’s reputation. While Coinone has not commented on the case, the exchange is likely to face increased scrutiny from regulators and investors alike in the wake of the news.
Coinone is one of the top five cryptocurrency exchanges in South Korea, having been registered as Coinone Inc and launched in 2015. With a 24-hour spot trading volume of $150 million, it is a popular platform for traders in the region. Coinone is backed by Kakao Ventures, a venture capital firm that has invested in a range of tech startups. As a well-established player in the cryptocurrency industry, Coinone is known for its reliable platform and commitment to security and transparency.
Source: https://azcoinnews.com/coinone-broker-arrested-in-south-korea-for-allegedly-offering-kickbacks-in-exchange-for-token-listings.html
#token #Coinone #korean #crypto2023
According to the report from the Korean news agency Newsis, a broker named “Mr.Go” has been arrested and charged with bribery for allegedly attempting to offer kickbacks to employees of the cryptocurrency exchange Coinone. Mr.Go is said to have made the offer to a former Coinone employee named “Mr.Jeon” in exchange for listing token on the exchange.
The report states that Mr.Go offered token and other gifts to Mr.Jeon in 2020 in exchange for his help in securing the listings. Although Coinone ultimately listed the assets in question, it is unclear whether Jeon’s actions had any influence on the decision.
The investigation into the matter reportedly began as part of a broader probe into market manipulation and collusion within the cryptocurrency industry. While the authorities have not provided further details on the allegations, the case raises concerns about the potential for corruption and fraud in the sector.
News of the incident has caused some concern among investors in the cryptocurrency market, who worry about the impact that such actions could have on the industry’s reputation. While Coinone has not commented on the case, the exchange is likely to face increased scrutiny from regulators and investors alike in the wake of the news.
Coinone is one of the top five cryptocurrency exchanges in South Korea, having been registered as Coinone Inc and launched in 2015. With a 24-hour spot trading volume of $150 million, it is a popular platform for traders in the region. Coinone is backed by Kakao Ventures, a venture capital firm that has invested in a range of tech startups. As a well-established player in the cryptocurrency industry, Coinone is known for its reliable platform and commitment to security and transparency.
Source: https://azcoinnews.com/coinone-broker-arrested-in-south-korea-for-allegedly-offering-kickbacks-in-exchange-for-token-listings.html
#token #Coinone #korean #crypto2023
NvirWorld and World Vision, a global NGO, signed an official contract to promote international donation projects at the World Vision center in Korea at 7 AM UTC on March. 16
#nvirworld #crypto2023 #korean #Binance #BTC
#nvirworld #crypto2023 #korean #Binance #BTC
Quick dive into a 30x potential Korean-based #crypto project! Klaytn (KLAY) 🇰🇷 $KLAY
#Klaytn is a Korean-based public blockchain platform that is designed to be scalable, secure, and user-friendly. It is built on the Ethereum Virtual Machine (EVM), which makes it easy for Ethereum developers to build applications on Klaytn.
Why use Klaytn? 🧙♀️
1️⃣ Scalability: Klaytn can process thousands of transactions per second, making it ideal for applications that need to be able to handle a high volume of traffic.
2️⃣ Security: Klaytn uses a number of security features, such as Proof-of-Stake (PoS) and cryptography, to protect user assets.
3️⃣ 4️User-friendliness: Klaytn is designed to be easy to use, even for beginners. It has a simple and intuitive interface, and it offers a number of helpful features, such as a built-in wallet and a developer portal.
4️⃣ Fast and cheap transactions: Klaytn transactions are very fast and cheap. This makes it ideal for applications such as payments, DeFi, and NFTs.
5️⃣ Interoperability: Klaytn is compatible with the Ethereum Virtual Machine (EVM), which makes it easy for Ethereum developers to build applications on Klaytn.
6️⃣ A growing ecosystem: Klaytn has a growing ecosystem of developers and users.
Overall, Klaytn is still in its early stages of development, but it has the potential to be a major player in the crypto space.
#crypto2023 #cryptocurrency #korean
#Klaytn is a Korean-based public blockchain platform that is designed to be scalable, secure, and user-friendly. It is built on the Ethereum Virtual Machine (EVM), which makes it easy for Ethereum developers to build applications on Klaytn.
Why use Klaytn? 🧙♀️
1️⃣ Scalability: Klaytn can process thousands of transactions per second, making it ideal for applications that need to be able to handle a high volume of traffic.
2️⃣ Security: Klaytn uses a number of security features, such as Proof-of-Stake (PoS) and cryptography, to protect user assets.
3️⃣ 4️User-friendliness: Klaytn is designed to be easy to use, even for beginners. It has a simple and intuitive interface, and it offers a number of helpful features, such as a built-in wallet and a developer portal.
4️⃣ Fast and cheap transactions: Klaytn transactions are very fast and cheap. This makes it ideal for applications such as payments, DeFi, and NFTs.
5️⃣ Interoperability: Klaytn is compatible with the Ethereum Virtual Machine (EVM), which makes it easy for Ethereum developers to build applications on Klaytn.
6️⃣ A growing ecosystem: Klaytn has a growing ecosystem of developers and users.
Overall, Klaytn is still in its early stages of development, but it has the potential to be a major player in the crypto space.
#crypto2023 #cryptocurrency #korean
$YGG
Manipulated price action, but i'm trying a short position here.
Top of the range resistance📉,
Overbuy & double top LTF📉
10 - 15% retracement possible toward the 50% fib & middle of the range📉
Invalidation in case of breakout above the 0.2700$ - 0.2750$ Resistance🚨
Low leverage & set stop loss in case of moonshot x)
#YGG #BTC #cryptonews #Binance #korean
Manipulated price action, but i'm trying a short position here.
Top of the range resistance📉,
Overbuy & double top LTF📉
10 - 15% retracement possible toward the 50% fib & middle of the range📉
Invalidation in case of breakout above the 0.2700$ - 0.2750$ Resistance🚨
Low leverage & set stop loss in case of moonshot x)
#YGG #BTC #cryptonews #Binance #korean
