China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis The number of unique wallets sending peer-to-peer (P2P) stablecoin transactions in China grew 43-fold between the first quarter of 2024 and the second quarter …
Koreas
- Crypto Education
Live updates: Bitcoin holds firm above $64,000 as South Korea’s Kospi sinks 5.8%
by adminby adminU.S. Treasury yields retreat from the highest levels in decades, while bitcoin holds above $64,000.
- Blockchain Research
Petition Against South Korea’s 22% Crypto Tax Hits 50K Threshold
by adminby adminA petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax …
- Altcoin Highlights
North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
by adminby adminLess than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to have pulled off another major exploit with Kelp. The attack …
South Korea’s KB Financial Completes Stablecoin Pilot for Offline Payments
KB Financial Group, the parent company of South Korea’s largest bank, KB Kookmin, completed a stablecoin pilot for offline payments and cross-border remittances through the Kaia blockchain. KB tested the lifecycle of a South …