Would you store the private keys to your crypto on China Telecom's new blockchain SIM card? Read all about it along with a deluge of news about Korean crypto exchange scandals in this week's Asia Express.
Korean crypto exchanges and blockchain entities endured a tough week after a series of misconduct allegations shook the industry. On Feb. 13, investigationsout by local news outlet IT Chosun alleged that Gopax, a top five crypto exchange in South Korea, charged anywhere between tens of thousands to hundreds of millions in Korean Won for token listing fees.
While the country’s Financial Services Commission states that exchanges will be “severely punished” for demanding listing fees, other legal experts say that charging “operating expenses” for listing tokens would not violate such guidelines. According to media outlet Donga, Mr. A is accused of accepting an improper request from a co-founder of Terraform Labs to introduce LUNC as a simple payment method and publicize it extensively LUNC tokens. It is alleged that Mr. A made billions of South Korean won by cashing out the LUNC tokens. Do Kwon, co-founder and CEO of Terraform Labs, is currently wanted by authorities over his alleged role in the collapse of the Terra Luna ecosystem and is reportedly hiding in Serbia.
The digital collectibles, numbering 10,000 in total, can also be earned by completing various missions. Symbiogenesis offers players multiple endings. However, only three players, meeting specific conditions, will be chosen to participate in the final “World Mission.” These special three will decide the ending of the story, the fate of the world, and everyone in it.
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