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Terraform Labs co-founder indicted in South Korea

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Daniel Shin, co-founder of Terraform Labs, is among ten individuals charged in South Korea, as legal repercussions from the Terra crisis continue to unfold across multiple countries. Daniel Shin, co-founder of Terraform Labs, has been charged alongside nine other individuals in […]
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South Korean exchanges to delist OMG and SRM

The members of the digital asset exchange joint consultative body (DAXA), a group of South Korean crypto exchanges, are planning to delist OMG Network (OMG), formerly known as OmiseGo, and serum (SRM). According to the announcement by Upbit, DAXA will end support for OMG and SRM on April 26 at 14:00 KST. The reason behind […]
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GDAC hacked: South Korea’s crypto nightmare

The South Korean crypto exchange GDAC was compromised on April 9. GDAC is widely recognized for token-to-token transactions. The breach resulted in the theft of 23% of the exchange’s assets. The hackers stole 61 bitcoin (BTC), 350.5 ether (ETH), 10 million wemix tokens (WEMIX), and 220,000 USDT. GDAC declared that it has informed law enforcement […]
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