South Korea’s tech-savvy population, high-speed internet, and deep gaming culture once made it the perfect setting for metaverse platforms. Despite these strengths, several leading South Korean metaverses are now shutting down due to low user engagement and controversies.
The most recent closure is 2nd Block, a metaverse created by Dunamu, the operator of South Korea’s largest cryptocurrency exchange, Upbit. Dunamu announced it will close on September 9 due to declining user activity since the pandemic began to ease.
This follows the closure of Seoul’s $4.5 million metaverse project, which will shut down on October 16 after less than two years. The platform was designed to offer a digital space for residents and tourists, but it failed to maintain interest.
Even metaverses still in operation are struggling. Zepeto, developed by South Korean internet giant Naver, has shifted focus to the global market, boasting 20 million monthly overseas users, compared to just 1.2 million in South Korea. However, Zepeto has faced domestic criticism after reports emerged of children’s avatars being sexually harassed, with predators coercing minors into sharing explicit images in exchange for in-game items.
In response, South Korean lawmakers proposed stricter penalties for virtual sex offenders, but the bill failed to pass, leaving the issue unresolved. The challenge of tracking predators across international borders complicates enforcement.
In a related legal battle, liquidators of the defunct Singapore crypto hedge fund Three Arrows Capital (3AC) have filed a $1.3 billion lawsuit against Terraform Labs. The lawsuit alleges that Terraform misled 3AC about the stability of its stablecoin TerraUSD (UST) and its sister token LUNA. Terra’s collapse in May 2022 led to a $40 billion loss in the Terra ecosystem and forced 3AC into bankruptcy. Terraform Labs settled a $4.47 billion SEC lawsuit in June. Meanwhile, Terraform’s co-founder, Do Kwon, remains in Montenegro awaiting extradition.
Apple rolls out UK age verification with iOS 26.4 after Meta and Google child safety fines
Apple has introduced age verification for iPhone and iPad users in the UK with iOS 26.4 and iPadOS 26.4, adding a new layer of checks for accounts that require confirmation that the user is 18 or older.
According to the report, UK users may now be asked to verify their age by adding a credit card or scanning an ID, unless Apple has already confirmed that information. Apple says the process is required by law in some countries and regions for actions tied to an Apple Account, including downloading apps, changing certain settings, or accessing specific features. When verification is needed, a prompt appears in the Settings menu.
The rollout comes at a time when child safety rules are tightening across the UK. While current UK law does not specifically require device-level age verification, adult websites, including pornography platforms, are already expected to carry out age checks. That has led to wider discussion about whether verification should also happen at the device level, rather than only on individual sites.
The timing is especially notable because it follows a major child safety case involving Meta and Google. The companies were reportedly ordered to pay $6 million after a lawsuit in Los Angeles claimed that platforms including Facebook, WhatsApp, and YouTube had a serious impact on a young woman’s mental health.
Apple’s move may also reflect broader regulatory pressure. The UK government is reportedly considering stronger restrictions for under-16s on social media, similar to measures seen in Australia. Reports also indicate Apple has been working with Ofcom as these safety tools develop.
For users who cannot verify an adult identity, Apple suggests that some features may be limited or that the account may need to be placed under Family Sharing with a parent or guardian. The exact restrictions could vary depending on the situation.
Australia has begun enforcing stricter age-verification rules for online adult content, requiring platforms to take meaningful steps to stop under-18s from accessing pornography and other age-restricted material. The Age-Restricted Material Codes for services including social media, relevant electronic services, equipment providers, and designated internet services came into effect on March 9, 2026.
Under the new framework, some services may now require proof of age before allowing access to legal adult content. Australia’s eSafety Commissioner says the accepted methods can vary by platform, but any age-assurance process must be accurate, reliable, and compliant with Australian privacy law. eSafety has said the changes are intended to reduce children’s exposure to pornography, high-impact violence, and other harmful age-inappropriate material online.
The rollout has already affected access to some major adult platforms in Australia, while debate continues over privacy risks and how effective the rules will be in practice. Recent reporting has also linked the changes to rising interest in VPN services as some users look for ways around the restrictions.
Apple: Age-Verification Tools Expand Worldwide With New 18+ Download Blocks
Apple is expanding its age-verification system in more countries to match stricter child-protection laws. The changes mainly affect how people download 18+ (adult-rated) apps and how developers confirm whether a user is a minor or an adult—without collecting sensitive personal details.
What’s changing for users
New 18+ download blocks: In Brazil, Australia, and Singapore, users must confirm they are 18 or older before downloading apps rated 18+.
Less access for minors to adult content: This is meant to stop children from downloading adult-only apps through the App Store.
What’s changing for developers
Declared Age Range API (updated): Apple is updating an API that lets apps know only an age category (example: minor vs adult), not the person’s exact age.
Developers do not receive private data, such asdate of birth.
The app receives a simple “category signal” to follow local rules.
Parental control options: For child accounts, parents/guardians can choose whether to share age information and whether permission is required in certain situations.
Loot boxes and “gambling-like” features
Apple is also targeting apps with features regulators often consider risky for minors, such as loot boxes.
In Brazil, if an app includes loot boxes, Apple may automatically rate it 18+.
That means minors can’t download it, because the App Store will treat it as adult-only.
U.S. states: Utah and Louisiana
Apple is adding tools to help apps comply with state-level child safety laws:
In Utah and Louisiana, Apple can share a new user’s age category with developers.
The system can also flag when parental permission is required, including for major app updates.
Why Apple says it’s doing this
Apple’s message is: protect kids + respect privacy.
The App Store handles most of the verification.
Apps get only a yes/no type age signal (minor/adult), not personal identity details.
The goal is to comply with various laws without forcing developers to collect sensitive data.
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