Aptos co-founder and CEO Mo Shaikh steps down to ‘start new chapter’
Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser. Go to Source
South Korea
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South Korean prosecutors seek 6 months for lawmaker who allegedly hid crypto
National Assembly member Kim Nam-kuk left South Korea’s Democratic Party in 2023 after allegations of cashing out $4 million in crypto holdings. Go to Source
Martial law causes Bitcoin crash to $65K in South Korea — Here’s why
One analyst said South Korea’s limiting of the market to a few players caused a sudden decrease in liquidity. Go to Source
Bitcoin bottom at $94K? BTC traders regroup after ‘Kimchi premium’ flash crash
BTC price performance is slowly making market observers more bullish on Bitcoin on short timeframes. Go to Source
Bitcoin range consolidation a ‘healthy next step’ before BTC attempt at $100K
Bitcoin price cooled off at the start of December, but several bullish catalysts support investors’ belief that $100,000 BTC is around the corner. Go to Source
Martial Law Declared in South Korea Sparks Crypto Market Chaos
South Korea’s recent declaration of martial law has roiled global cryptocurrency markets, sending shockwaves through trading activity and triggering significant price volatility. South Korea’s Martial Law Sends Bitcoin Reeling, Stabilizes Near $95K President Yoon Suk Yeol unveiled the decision during a late-night televised announcement Tuesday, explaining that the move was aimed at addressing alleged anti-state … Read more
BTC/KRW pair dipped 30% as South Korea’s president declared martial law
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament. Go to Source
South Korea’s Democratic Party agrees to delay crypto tax by 2 years
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. Go to Source
South Korea confirms North Korea behind $50M Upbit hack
South Korea confirms North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion. Go to Source
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Go to Source
