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Showing posts with the label japan

Asia's weekly TOP10 crypto news (Oct 21 to Oct 27)

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1. South Korea’s Financial Supervisory Service Investigates: Five Major Cryptocurrency Exchanges Have Delisted 34.9% (517 Types) of Tokens Over Seven Years link According to data submitted by the Financial Supervisory Service of South Korea to the National Assembly, from January 2018 to August 2024, the five major cryptocurrency exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, Gopax) listed a total of 1,482 cryptocurrency assets, of which 34.9% (517 assets) have been delisted. These delisted assets had an average listing duration of 748 days, but over 54% were removed within two years. Additionally, 20.7% of the assets were delisted in less than a year, with the shortest lifespan being 77 days for DigixDAO, which was delisted in January 2018. Notably, in contrast to the volatility of the cryptocurrency market, there have been no forced delistings of stocks on the South Korean stock exchange in the past seven years. 2. Japanese Democratic Party Leader Commits to Reducing Crypt...

Worldcoin onboarding 1 user every 8 seconds despite waning interest

On July 26, a video was shared on Twitter by Sam Altman, CEO of OpenAI, showing a long queue in Japan of people waiting for their $50 worth of Worldcoin (WLD) tokens or 25 WLD after signing up for the “World ID.” Despite the need to provide government-issued identity documents before iris scans, the long queue suggests high demand. Sam revealed that Worldcoin was onboarding one person every eight seconds . However, interest has waned since Monday’s launch. day 3 of @worldcoin launch, crazy lines around the world. one person getting verified every 8 seconds now. pic.twitter.com/vHRu1sWMT3 — Sam Altman (@sama) July 26, 2023 It is also hard to conclude if these sign-ups are the step forward needed for Worldcoin adoption. Worldcoin was publicly launched on July 24. Interested users could register at designated Orb venues in 20 countries in exchange for 25 WLD.  You might also like: Crypto Twitter marks Worldcoin as ‘evil’ project In an introducto...

North Korean hackers stealing NFTs using nearly 500 phishing domains

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The hackers created decoy websites impersonating NFT marketplaces, NFT projects and even a DeFi platform. Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims. Blockchain Security firm SlowMist released a report on Dec. 24, revealing the tactics that North Korean Advanced Persistent Threat (APT) groups have used to part NFT investors from their NFTs, including decoy websites disguised as a variety of NFT-related platforms and projects. Examples of these fake websites include a site pretending to be a project associated with the World Cup, as well as sites that impersonate well-known NFT marketplaces such as OpenSea, X2Y2 and Rarible. SlowMist said one of the tactics used was having these decoy websites offer “malicious Mints,” which involves deceiving the victims into thinking they are minting a legitimate NFT by connecting their wallet to the...