Korea

North Korea’s Lazarus Group Transitions Focus from Banks to Cryptocurrency Firms, Linked to Multiple High-Profile Thefts

north korea is believed to be the only nation leveraging Hacking capabilities specifically for financial gain, though it doesn't officially acknowledge Lazarus Group.Cryptocurrency firms...

FBI: North Korea Behind Record $1.5 Billion Crypto Heist from Bybit

FBI has attributed the record $1.5 billion Bybit cryptocurrency heist to North Korean Hackers, identifying the attack as "TraderTraitor."Stolen assets are being rapidly converted...

South Korea to Allow Corporate Crypto Trading in Phased Rollout, Financial Firms Still Restricted

South Korea will allow corporates to trade cryptocurrencies in a phased approach starting with non-profits and universities in H1 2024. Listed companies must have minimum...

South Korea’s Sogang University AI Lab Adopts Theta EdgeCloud for Advanced Language Research

Sogang University's Language & Data Intelligence Laboratory becomes EdgeCloud's twentieth academic and enterprise customer. The partnership expands Theta's academic network in South Korea, joining institutions...

South Korea’s Martial Law Halts Crypto Reforms, STO Plans Pushed to 2025

South Korea's martial law declaration halts crypto sector reforms until political crisis resolves. Securities token offerings and corporate crypto accounts implementation delayed indefinitely. Crypto taxation postponed...

The AI Lab Partners with Theta EdgeCloud to Power AI Education in South Korea

The AI Lab, a South Korean e-learning provider, signs multi-year agreement to use Theta EdgeCloud's GPU resources Partnership targets $500 billion e-learning market, following recent...

Samsung and Bank of Korea Collaborate to Explore Offline Central Bank Digital Currency for Seamless Transactions

Samsung is exploring the possibility of creating a digital currency in cooperation with the Bank of Korea, the central bank of South Korea.In...

South Korea Aims to Put Trade Finance on the Blockchain by 2021

Trade finance in Korea is headed to the blockchain according to a CoinDesk Korea story and other local press reports.The transition could be completed by...

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ESMA Proposes Major Reforms to Make EU DLT Pilot Regime Permanent

ESMA suggests major changes to the EU’s DLT Pilot Regime to support digital securities.Regulators want to make the program...

Russian Darknet Drug Market Launches MoriCoin Memecoin on Solana

A Russian darknet drug marketplace launched MoriCoin, its official memecoin, on the Solana Blockchain. The marketplace maintains an active presence...

GENIUS Act Could Impact Do Kwon’s US Charges in Terraform Case

Do Kwon, co-founder of Terraform Labs, is currently facing criminal charges in New York federal court related to the...

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