Korea

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 …

South 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 …

In brief A report from the U.S. and other Western nations has found that North Korea is becoming more systematic and sophisticated in its crypto-hacking activities. Yet one contributor to the report, Chainalysis, indicates …

A new cyber threat is emerging from North Korea as its state-backed hackers experiment with embedding malicious code directly into blockchain networks. Google’s Threat Intelligence Group (GTIG) reported on October 17 that the technique, …

North Korean hackers have adopted a method of deploying malware designed to steal crypto and sensitive information by embedding malicious code into smart contracts on public blockchain networks, according to Google’s Threat Intelligence Group. …

Binance has reportedly completed its long-awaited acquisition of Gopax, officially marking the crypto giant’s return to South Korea after over two years. The approval from South Korea’s Financial Intelligence Unit represents a pivotal moment …