#kucoin - the daily grind

BREAKING

Oct 14Koreans Paid Offshore Exchanges an Estimated $3.5 Billion in Fees Last Year. Seoul Just Blocked 27 of Them●Oct 13Blur Once Did $1.43 Billion in NFT Trades in a Single Month. On November 12, Its Website Goes Dark●Oct 12Coldcard's Own X Account Told Users to Move Their Bitcoin. Coldcard Can't Find a Single Login●Oct 11For 11 Years, a Few Hundred XRP Could Have Printed XRP Past the 100 Billion Cap. Ripple's Engineers Patched It Without Telling Anyone Why●Oct 10Ledger Just Told Buyers Not to Set Up the Wallet They Paid For. Analysts Say $86M Is Already Gone●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 14Koreans Paid Offshore Exchanges an Estimated $3.5 Billion in Fees Last Year. Seoul Just Blocked 27 of Them●Oct 13Blur Once Did $1.43 Billion in NFT Trades in a Single Month. On November 12, Its Website Goes Dark●Oct 12Coldcard's Own X Account Told Users to Move Their Bitcoin. Coldcard Can't Find a Single Login●Oct 11For 11 Years, a Few Hundred XRP Could Have Printed XRP Past the 100 Billion Cap. Ripple's Engineers Patched It Without Telling Anyone Why●Oct 10Ledger Just Told Buyers Not to Set Up the Wallet They Paid For. Analysts Say $86M Is Already Gone●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●

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Koreans Paid Offshore Exchanges an Estimated $3.5 Billion in Fees Last Year. Seoul Just Blocked 27 of Them

Oct 14, 2026 · 5 min read

South Korea's Financial Intelligence Unit is blocking access to the websites of 27 unregistered crypto exchanges, including KuCoin, MEXC, BitMart, Phemex and BingX. App-store bans in 2025 didn't stop the money leaving: an estimated $110 billion left Korean exchanges in 2025, according to CoinDesk. Regulators no longer need a court ruling or proof of losses to pull the plug.