South Korean Experts Warn Seoul of Mounting ‘Stablecoin Danger’

Leading legal and financial experts have cautioned political leaders that stablecoin adoption plans pose a danger to the South Korean economy. Per the newspaper Chungnyun Ilbo, experts say that US dollar-based stablecoins could have an impact on exchange rates and fiat currencies. Stablecoin Danger for South Korean Economy? The comments came at a digital assets-themed…

The FKI Tower Conference Center in Yeouido, Seoul, South Korea.

Coinbase Confirms DOJ Investigation Following Major Security Incident

The US Department of Justice (DOJ) has initiated an investigation into a significant security breach at Coinbase, the largest US-based cryptocurrency exchange.  According to sources familiar with the matter cited by Bloomberg, the DOJ’s criminal division in Washington is examining the circumstances surrounding the breach, which has raised serious concerns about cybersecurity within the crypto…

Coinbase

Roman Storm’s Defense Team Accuses U.S. Government Of Withholding Key Exculpatory Evidence

The defense team of Tornado Cash developer, Roman Storm, is accusing prosecutors from the U.S. federal government of withholding key evidence that could see the crypto founder set free in a new letter to U.S. District Judge Katherine Polk Failla on Friday. Exculpatory Evidence Discovered, Lawyers for Roman Storm Say According to Storm’s counsel, the…