According to the UN’s confidential report, North Korean hackers stole more cryptocurrencies in 2022 than in any other year. Hackers steal assets worth millions Per a UN assessment, North Korean-affil...
Tag: Korean
Top South Korean officials follow fugitive Do Kwon to Serbia
Listen to this article. South Korean officials traveled to Serbia earlier this month as they stepped up their pursuit of elusive former Terra chief Do Kwon. As reported by Bloomberg, the delegation in...
Korean Regulator Approves Issuance and Distribution of Security Tokens – Regulation Bitcoin News
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’...
North Korean Criminals Steal Over $1B Crypto in 2022: UN Report
North Korean crypto crime rate reached an all-time high in 2022. A cybersecurity firm said North Korean criminals moved over $1B worth of crypto. Ransomware attackers extorted $456M in 2022 compared t...
Do Kwon’s manhunt intensifies as South Korean officials travel to Serbia
The manhunt for Do Kwon, the founder of the now collapsed Terra (LUNA) ecosystem, has intensified with South Korean officials seeking international cooperation in nabbing the fugitive. Officials from...
North Korean Hackers Make Record For Most Crypto Stolen In 2022: UN Report
North Korean hackers stole more cryptocurrencies in 2022 than in any previous year, according to a confidential report obtained by Reuters on Monday from the United Nations. This is yet another indica...
South Korean Government to Allow Security Tokens Offering
South Korea has released regulatory guidelines on Security Tokens Offering (STO) as the nation focuses on the application of blockchain technology. Blockchain technology has the potential to open up a...
South Korean regulatory body gives security token guidelines
Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in ...
South Korean regulator provides guidance on security tokens
South Korea established guidance that specifies which types of digital assets will be considered and regulated as securities in the country. In a press release, the Financial Services Commission (FSC)...
South Korean Founder Of Anti-Wrinkle Shot-Maker Becomes A Billionaire
Getty Despite a jittery stock market, shares of South Korean biotechnology company Caregen tripled over the past year, making its founder and CEO, Chung Yong-ji, a billionaire—the first entrepreneur i...
North Korean Hackers Linked To 45% of $3.8 Billion Crypto Theft in 2022
Advertisement     According to a Chainalysis report released earlier last week, over $3.8 billion was stolen from crypto in 2022 – and 45% of that loot was traced to N...
State Farm and Progressive are now refusing to cover certain cars made by big South Korean auto firms — here are the models and why they’re too risky to insure
This is ‘a serious problem’: State Farm and Progressive are now refusing to cover certain cars made by big South Korean auto firms — here are the models and why they’re too risky to ...
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax – Exchanges Bitcoin News
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of cr...
South Korean Ministry of Justice Introducing Cryptocurrency Tracking System
Cryptocurrencies become an easy bait for illicit actors to carry on their acts including frauds and money laundering. Financial regulators try to keep watch on such activities and ensure that companie...
North Korean Hackers Stole $1.7B Worth Crypto in 2022: Chainalysis
2022 can easily be considered the worst year when it comes to securing cryptocurrencies, as projects suffered a series of devastating hacks and exploits. According to the latest Chainalysis report sha...
‘CAST’ Is The Rising Business Model Utilizing Synergy Between K-Pop Stars & Local Korean Enterprises
Chung Ha with Liseul DONUTSTUDIO From the BTS Meal at McDonald’s to the members of BLACKPINK all representing multiple luxury fashion houses, global brands are embracing the popularity and social-medi...
Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months – Regulation Bitcoin News
The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to ...
North Korean hackers try to launder $27M in ETH from Harmony bridge attack
North Korean exploiters behind the Harmony bridge attack continue to try and launder the funds stolen in June. According to on-chain data revealed on Jan. 28 by blockchain sleuth ZachXBT, over the wee...
Hackers Launder $27 Million in Stolen Ethereum From North Korean
The cash that were taken in June 2022 are still being laundered by the North Korean exploiters who were behind the assault on the Harmony Bridge. The criminals transferred another $27.18 million worth...
N. Korean hackers launder $27.18M ETH stolen in Harmony Bridge attack
The Harmony Bridge attackers, who stole $100 million worth of Ethereum (ETH) in June, are continuing to launder their loot. The hackers laundered $27.18 million of the stolen ETH over the weekend, acc...
South Korean prosecutors request arrest warrant for Bithumb owner: Report
According to local news outlet Infomax, South Korean prosecutors requested an arrest warrant on Jan. 25 for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb. Kang is wanted on all...
Korean prosecutors issue warrant for Bithumb owner
Korean prosecutors have issued an arrest warrant for Kang Jong-Hyeon, the alleged Bithumb crypto and derivatives exchange owner. According to reports, the executive is wanted for embezzlement of funds...
North Korean crypto hacking group adapts its attacks
North Korean hacking group TA444 is primarily targeting crypto, but security researchers say that it is launching phishing attacks aimed at other targets. According to analysis by CoinGecko, crypto ha...
Inspired By K-Dramas The Novel ‘Liar, Dreamer, Thief’ Subverts Genre
‘Liar, Dreamer, Thief’ introduces a very different detective in Katrina Kim. Grand Central Publishing Katrina Kim, the heroine of Maria Dong’s novel Liar, Dreamer Thief, is obsessed with h...
FBI Names North Korean Groups Behind Harmony Bridge Hacks
On Monday, January 23, the Federal Bureau of Investigation (FBI) published a report confirming that two groups linked to North Korea were responsible for the $100 million hack of the Harmony Bridge la...
North Korean Hackers Masterminded $100 Million U.S. Crypto Theft
Theft of crypto and other forms of cyber espionage have been a key source of income for North Korean hackers, whose country of origin is in a chronic financial crisis and is virtually blocked off from...
FBI confirms North Korean cybercrime groups stole crypto from Horizon Bridge
The FBI has identified two North Korean cybercrime groups in connection to the Horizon Bridge hack The bureau claimed that a portion of the stolen Ethereum (ETH) was converted to Bitcoin (BTC) The Uni...
U.S. Designates Mercenary Wagner Group—Accused Of Funneling North Korean Weapons To Russia—A ‘Transnational Criminal Organization’
Topline The U.S. Department of Treasury is planning to designate the military company the Wagner Group a “transnational criminal organization,” White House Strategic Communications Coordinator John Ki...
Korean Financial Services Commission Offers Security Tokens
After hinting at sharing the guidelines in September 2022, the Korean Financial Services Commission (FSC) announced a Security Token offering issuance. This comes after observing a spike in demand for...