South Korea

80% of Meme Coin Performance Occurs During Asia Trading Hours: 10x Research Founder
10x Research founder Markus Thielen weighs in on the correlation between Korea's political developments and the recent meme coin rally. 80% of meme coin's performance "occurs during Asia hours and Asia hours is really driven by Korean traders," Thielen said.

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report
Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Korean Giant SK Telecom Releases Crypto Wallet With CryptoQuant as Partner
The wallet features on-chain data analysis tools that may inform users' market decisions.

Upbit Deflected 879 Hacking Attempts per Day in First Half of the Year
The exchange is immensely popular in the country and is known for attracting speculative rallies.

Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
The partnership comes weeks after KBank, a rival of SCBX, announced a $100 million web3 fund.

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

Web3 Doesn’t Care About Bitcoin Prices – And Other Musings From Korea Blockchain Week
A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history.

Breaking Down the Crypto Trends in South Korea
Matrixport's Head of Research and Strategy, Markus Thielen, joins "First Mover" to discuss crypto asset evaluation and trends in the Korean market, focusing trading activities on crypto exchange Upbit and the recent surge in XRP token.

How South Korea’s Crypto Scene Is Emerging From Terra Luna's Implosion
The collapse of the Terra Luna stablecoin project reverberated throughout the world, causing some $60 billion to evaporate. But the longest shadow fell over Korea, where it remains today. CoinDesk's Executive Director of Global Content Emily Parker reports.

As Justice Is Sought for Do Kwon, South Korea’s Crypto Scene Emerges From Terra’s Shadow
The collapse of Terra continues to reverberate in Do Kwon’s homeland, but there are signs of progress, CoinDesk’s Emily Parker reports.

