Korea

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...

North Korea Is Currently Developing Its Own Cryptocurrency

North Korea is building up its own national computerized cash. The pattern pursues a significant rundown of different nations, prevalently in Asia and the...

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LA Court Tests AI to Aid Judges, Not Replace Them

The Los Angeles Superior Court has begun testing an AI system called Learned Hand to help judges prepare cases,...

Bitcoin Mining Difficulty Dives as Energy Costs Surge

Bitcoin mining difficulty fell sharply by 7.76% this week, indicating reduced network activity as some miners shut down operations. Higher...

Bitcoin, S&P 500 Correlation Warns of 50% Drop

Bitcoin gave back most of its geopolitical gains this week, moving back toward $68,700 and renewing its correlation with...

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