In brief Chainalysis attributed the $387 million Bitget hack to North Korea-linked actors, saying it pushed Pyongyang’s 2026 crypto theft total past $1 billion. Within three hours, the funds moved across 23 transfers onto …
Korea
South Korea’s Financial Services Commission said it is considering a market-making system for digital assets, after a stablecoin linked to the value of the Japanese yen traded for as much as four times its …
- Press Release
Tria Deepens Korea Push as Diamond Sponsor of Korea Blockchain Week 2026
by adminby adminNew York, United States, September 16th, 2026, Chainwire Co-founder John Lilic to lay out Tria’s institutional self-custody thesis as the company brings the infrastructure behind its profitable global neobank to major platforms Tria, the …
- Web3 Technology
$830 Million in an Hour: XRP and TRUMP Drive New Record in South Korea
by adminby adminSouth Korea’s Upbit recorded 1.15 trillion won, roughly $830 million, in trading volume within a single hour on Saturday, with XRP and TRUMP dominating the surge. The spike extends a rebound that began the …
- Press Release
Bybit Sues North Korea and Lazarus Group, Secures Preliminary Injunction Freezing Stolen Assets in Landmark Crypto Asset Recovery Effort
by adminby adminLawsuit accuses North Korea and Lazarus Group of orchestrating the $1.5 billion theft, as court-ordered asset freeze supports recovery efforts and Bybit expands collaboration with law enforcement and industry partners to strengthen accountability for crypto-related …
In brief The Bank of Korea will launch Phase 2 of its CBDC pilot in September, expanding to nine banks and a cap of 500,000 users for live deposit token testing. Phase 1 (April–June …
- Bitcoin & Ethereum
Bithumb $43 Billion Bitcoin Blunder Triggers Political Backlash In South Korea
by adminby adminSouth Korean lawmakers are ramping up pressure on financial regulators after a system failure at Bithumb, the country’s largest cryptocurrency exchange, led to the accidental distribution of more than $43 billion worth of Bitcoin …
North Korea (DPRK) is now using remote workers from third countries, including Iran and Lebanon, to aid its efforts to infiltrate US companies and obtain money to fund its weapons programs, NBC reported on …
North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.
South Korea Central Bank Warns Stablecoins Could Complicate FX Controls
South Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be …