Korea

North Korea Steals $2.84B in Crypto Amid Growing Cyber Threats

North Korea has stolen $2.84 billion in cryptocurrency during 2024.The country runs a large, sophisticated Hacking program comparable to major cyber powers.North Korea employs...

North Korea Accused of $2.8B Crypto Hacks in 2024 Report

The Democratic People’s Republic of Korea (DPRK) has allegedly stolen at least $2.8 billion in cryptocurrency hacks since early 2024.These cyber heists represent about...

North Korea Hackers Steal Over $2 Billion in Crypto in 2025

North Korea-linked Hackers have stolen over $2 billion in cryptocurrency assets in 2025, marking the highest annual total to date.The cumulative known thefts connected...

Bank of Korea Renames Digital Currency Unit, Eyes Stablecoin Bills

The Bank of Korea renamed its Digital Currency Research Lab and established a new Virtual Asset Committee to handle stablecoin regulation.Project Han River, a...

South Korea Parties Clash Over Stablecoin Bills, Interest Ban Divides

South Korea’s main political parties each introduced proposed laws to regulate stablecoins pegged to the Korean won. The two bills differ mainly on whether to...

Bank of Korea Proposes Multi-Department Stablecoin Oversight Body

The Bank of Korea is proposing a new multi-department policy group to guide stablecoin regulations.Korea’s government is debating stablecoin oversight between the Financial Services...

Bank of Korea Wants Banks to Lead Stablecoin Issuance, Eyes Safety

The Bank of Korea aims for commercial banks to issue won-based stablecoins first, before expanding distribution to other sectors. Regulators express concerns about market disruption,...

Parataxis Launches Bitcoin Treasury Platform in South Korea

Parataxis Holdings will launch a Bitcoin treasury platform by acquiring Bridge Biotherapeutics in South Korea. The investment totals $18.5 million for a controlling stake, transforming...

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Sonic V2.2 doubles smart contract size limits for developers

Sonic V2.2 doubles the maximum deployed contract size from 24 KiB to 48 KiB and initialization code from 48...

ByteDance Secures $29.6B Loan from 30 Banks for AI Push

TikTok parent ByteDance secured a $29.6 billion loan from nearly 30 Chinese and international banks, up from an initial...

Musk: Tesla IPO value was a thousandth of current value

Tesla stock fell roughly 6% on Friday after the Cybercab launch event in Austin disappointed investors expecting a wider...