Crypto Man: A Peek Into Korea's Crypto Obsession, Inspired by the 2022 Terra Crash?
The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.

The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.
Despite his imprisonment, it is reported that Do Kwon, the disgraced founder of Terra, managed to make multiple cryptocurrency payments while in custody in Montenegro.
The Terra blockchain suffered a security breach due to a missed patch, resulting in a significant loss of tokens. The platform is implementing emergency measures to prevent future attacks.
Billion-dollar bombshell: Do Kwon and Terraform Labs embroiled in $4.5 billion SEC penalty! Explosive new evidence suggests a shocking conspiracy behind the catastrophic collapse of Terra, LUNA, and UST. Could Do Kwon and Daniel Shin orchestrate the fall of Terra from the beginning?
The federal regulator established that the stablecoin issuer and its founder provided misleading information to investors.
Prosecutors seek stricter bail conditions for Binance founder Zhao, citing flight risks due to wealth and connections. Despite legal hurdles, Binance saw a 30% increase in users, potentially boosted by smooth leadership transitions and Zhao's positive reputation.
Terraform Labs founder Do Kwon went from being a billionaire to Montenegro jail. What happened?
Earlier on 19 August, the network had issued a warning to its users, advising them to avoid interacting with any website utilizing the terra(dot)money domain until the platform regained full control of the website.
The United States Securities and Exchange Commission (SEC) has amplified its scrutiny of Terraform Labs by forming a partnership with the South Korean government.
May 22 is "Bitcoin Pizza Day," commemorating the historic event in 2010 when 10,000 bitcoins were used to purchase two Papa John's pizzas. From $41 worth of pizza to $700 million in wealth, Bitcoin's price surge over the past 15 years has proven it to be the best-performing financial asset in history.
The EU AI Act imposes strict regulations on high-risk AI systems, impacting U.S. tech firms with fines up to €35 million or 7% of global revenues.
The "Tech Against Scams" coalition, comprising of Coinbase, Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation (GASO), has united to combat the escalating problem of online fraud and financial schemes.
Meta assembles a tech titan advisory group to drive AI advancement, yet faces criticism for a lack of diversity in its board. Additionally, Meta's platforms struggle with cybersecurity vulnerabilities and insufficient customer support, raising doubts about its ability to lead in AI responsibly.
Nvidia's record-breaking quarter boosts its stock to $1,000, fueled by robust AI chip demand and a forecast of continued growth amid a booming AI industry.
The U.S. House approved the FIT21 Act, marking a historic step in digital asset regulation, but its future in the Senate remains uncertain.
Bitcoin rebounds to challenge $70,000 again. The U.S. House of Representatives passes the "21st Century Financial Innovation and Technology Act," with Pelosi shifting to vote in favor.
Hong Kong has ruled that Worldcoin violates privacy regulations and has ordered the cessation of iris and facial image collection from its citizens.
SEA has emerged as a hub for transnational criminal networks, primarily originating from China. These organisations exploit millions of victims globally through sophisticated scams like pig butchering schemes.
Worldcoin faces global sanctions over privacy concerns, with bans in multiple countries including France, India, Hong Kong, and Brazil. Despite its ambition to offer universal financial access, questions remain about its approach and regulatory compliance.