The proposal highlights tensions between equitable wealth distribution and market stability, underscoring challenges in balancing economic growth with social equity.
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Home Crypto News KOSPI Breaks 8,000 for the First Time: A Historic Milestone for South Korea’s Stock Market
Source: https://bitcoinworld.co.in/kospi-breaks-8000-first-time-milestone/
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Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, put out an anti-phishing guide on May 14. The warning centers on AI-powered voice and video scams targeting people who hold digital assets. The campaign goes by “Voice Phishing Complete Guide.” It’s part of the exchange’s Information Protection Day push. Focus is on deepfake and deepvoice fraud, where criminals use artificial intelligence to copy the voices and faces of family members, exchange staff, or government officials during live calls, according to DigitalToday. AI-assisted fraud aimed at crypto investors has gotten more sophisticated over the past year. In one case cited by both DigitalToday and The Crypto Times, someone in Hong Kong got tricked by an AI-generated video conference and lost about 40 billion won. That’s equivalent to around $29 million. Fraudsters impersonate support staff and relatives
North Korean hacking groups have been tied to most major crypto exchange attacks in South Korea since 2018, while billions of dollars in suspected illicit crypto flows have also moved through the country’s financial system. According to Crystal Intelligence’s 2026…
The proposed AI tax highlights the vulnerability of markets to policy shifts, underscoring the delicate balance between innovation and regulation.
The post KOSPI falls 2.3% as fears of AI taxes weigh on South Korean stocks appeared first on Crypto Briefing.
The proposal could reshape economic equity, influencing global tech policy and investor strategies amid labor tensions and market volatility.
The post South Korea proposes citizen dividend funded by AI profits amid Samsung labor dispute appeared first on Crypto Briefing.
The post XRP Tops Upbit as South Korea Demand Surges Again appeared on BitcoinEthereumNews.com.
XRP Becomes Upbit’s Most Traded Asset as Korean Demand Surges Again Market analyst Xaif Crypto reports that XRP has surged to the top of Upbit’s 24-hour trading volume, South Korea’s largest crypto exchange, overtaking Bitcoin, Ethereum, and USDT. Therefore, this move underscores the unusually strong retail demand for XRP in Korea, a pattern that continues to distinguish the market on a global scale. While Bitcoin still dominates globally, South Korea’s crypto market has consistently followed a different rhythm. Driven largely by retail investors, the market has shown a strong and sustained preference for XRP. Its relatively low unit price compared to Bitcoin often gives it a psychological edge, making it feel more accessible to smaller traders seeking higher perceived upside and easier entry into the market. Beyond market sentiment, XRP’s fast settlement times and strong liquidity have
The post Will Korean Investors Swap Samsung for Bitcoin? Analysts Say Yes appeared on BitcoinEthereumNews.com.
What the prediction actually means The “Kimchi premium” The current stagnation in South Korea’s digital asset market may be nothing more than the “calm before the storm,” according to Jeff Park, a researcher at Bitwise. Park has predicted that a massive surge in Bitcoin’s price is inevitable once retail investors decide to exit their currently profitable positions in the traditional stock market. Park has pointed to the massive amount of capital currently parked in South Korea’s leading industrial and tech giants. Ray Dalio: Bitcoin Fails as Safe Haven Can Toncoin (TON) Lose All Gains? Ethereum (ETH) $2,000 Plunge Is Possible, Shiba Inu (SHIB) Price Is in Strongest State Since March: Crypto Market Review “Imagine the candle when Korean retail finally rotates out of Hynix, Samsung, and Hanmi and comes back to Bitcoin,” Park noted. “It’s simply a matter of time.” What the pr
The total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to Bank of Korea data. Massive Capital Migration to Stocks The value of virtual assets held by domestic investors in South Korea has plummeted by more than $41 billion (60 trillion won) over the […]
