South Korea
Most Influential: Sirgoo Lee
Lee shaped the exchange that defines Korea’s crypto market, but even after his exit this year, the country’s hyperactive retail engine will keep moving.

Parataxis Agrees to Buy Control of South Korea's Sinsiway for $27M, Build Ether Treasury
The deal would rename Sinsiway as Parataxis ETH, Inc. and make it South Korea's first ether-focused treasury platform backed by U.S. institutional capital.

South Korea Suspects North Korea-Linked Lazarus Behind $36M Upbit Hack
On Thursday, South Korea's largest digital asset exchange, Upbit, suspended deposits and withdrawals after detecting unusual activity in the Solana network tokens.

Korea's Upbit Suspends Deposit And Withdrawal Service After $37M in Abnormal Activity in Solana Tokens
Upbit has suspended digital asset withdrawals after detecting irregular activity involving Solana network tokens.

Upbit 'Assessing' South Korean Regulator's Review After $25M Fine
The country's largest crypto exchange shared a case where the Financial Intelligence Unit was proven wrong in the past and had actions overturned in court.

Bybit Said to Be in Talks to Buy South Korean Exchange Korbit: Report
A Bybit spokesperson said the talks, reported by South Korea’s Maeil Business Newspaper, are “not within our knowledge.”

The Great Korean Pivot: From Memecoins to Machine Chips
As crypto trading volumes collapse in South Korea, retail investors are flocking to the stock market, fueling a state-backed AI-driven rally that’s replaced altcoin mania with semiconductor fever.

AI Payments Startup Kite Debuts Token With $263M Trading Volume in First Two Hours
The blockchain firm’s native token debuted Monday with strong activity on Binance and Korean exchanges, following a $18 million Series A raise in September.

South Korean Crypto Exchanges See 1,400x Jump in Flows Linked to Sanctioned Cambodian Entities
Bithumb led with 12.4 billion won, followed by Upbit with 366 million won. Smaller amounts moved through Coinone and Korbit, while Gopax reported no activity.

South Korean Crypto Exchange Upbit to Be Acquired by Naver: Report
The deal would bring Upbit's parent Dunamu under the umbrella of Naver Financial.

