Korea

KOSPI’s $2T Daily Loss Erases S.Korea Entire GDP, NPS Assets

South Korea's KOSPI index fell more than 8% on "Black Thursday," triggering a 20-minute trading halt and pushing its drawdown past 40% since June.The...

Bitget CEO Confirms North Korea Behind $352M Crypto Hack

Bitget lost approximately $352 million in a hack attributed to North Korea's Lazarus Group.CEO Gracy Chen confirmed the attack shows signs of a North...

Bank of Korea launches 24-hour won settlement pilot for foreign investors

The Bank of Korea launched a pilot of its first 24-hour won settlement network for foreign investors.The network allows settlement of won transactions outside...

South Korea expands crypto Travel Rule to all transfers

South Korea will eliminate the $700 threshold for crypto Travel Rule compliance, applying it to all transfers between registered VASPs.The Cabinet approved amendments to...

South Korea Crypto Volumes Surge 600% as KOSPI Plunges 18%

South Korean crypto trading volumes surged 600% as the KOSPI stock index dropped nearly 18% this week. Investors may be shifting funds to overseas exchanges...

North Korea arrests crypto laundering bank hackers

North Korean authorities arrested a group of former state cyber operators and IT specialists for allegedly Hacking the country's central bank and the Foreign...

South Korea eyes September launch for second phase of CBDC pilot

The Bank of Korea plans to launch the second phase of its wholesale CBDC pilot, Project Hangang, as early as September.Two regional banks, Kyongnam...

S. Korea regulator sends Upbit inspection letter over $36M hack

South Korea’s Financial Supervisory Service formally began sanctions against Dunamu, Upbit’s operator, after the $36 million November 2025 hack.Upbit faced criticism for delaying the...

Latest news

Binance hacker holds more Bitcoin than Coinbase corporate stash

The attackers behind the $6.3 billion Binance hack hold more Bitcoin than Coinbase's entire corporate treasury.Blockchain analytics firm Bitquery...

Strategy may create $30B digital credit via preferred shares

Strategy executive chairman Michael Saylor says the company has the capacity to generate up to $30 billion in digital...

Binance hack may involve signing manipulation, not key leak

Blockaid suspects the Binance hack involved signing infrastructure compromise rather than private key theftAttackers used EIP-7702 authorization delegation to...