Tag: Korean

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South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether...

South Korean Funeral Company Faces $33M Unrealized Loss on Leveraged Ether ETFs

South Korean funeral service company Bumo Sarang is sitting on roughly 49.3 billion won ($32.7 million) in unrealized losses after investing about $40 million...

XRP-linked Ripple opens North Korean threat intelligence to crypto firms

Ripple is now sharing its internal threat intelligence on North Korean hackers with the crypto industry, the company said Monday, in a move that...

Laywer pops up on Arbitrum DAO forums seeking funds for victims of decades-old North Korean terrorist acts

Arbitrum delegates are in the process of weighing whether to release 30,765 ETH frozen after last month's rsETH exploit into a coordinated recovery effort....

How North Korean spies spent months in-person to drain $285 million from Drift

North Korean government-backed hackers are becoming more sophisticated, more precise and now account for more than 76% or nearly $600 million in crypto losses...

Ketman Project Identifies 100 North Korean IT Workers Working in Web3

The Ketman Project, funded by an Ethereum Foundation stipend, identified 100 North Korean IT workers and alerted about 53 projects employing DPRK operatives.Cointelegraph is...

North Korean Cyber Spies Are No Longer Just Remote Threats

This month’s $285 million exploit on Drift, a decentralized exchange (DEX), was the largest crypto hack in over a year, when exchange Bybit lost...

Solana Exchange Stabble Warns Users to Pull Liquidity After North Korean Hacker Scare

In brief Solana exchange Stabble urged users to pull liquidity after its former CTO was alleged to be a North Korean hacker. The firm's total value...

North Korean Hackers Infiltrated Crypto For Seven Years

North Korean IT workers have been embedding themselves in crypto companies and decentralized finance projects for at least seven years, according to a cybersecurity...

Drift says $270 million exploit was a six-month North Korean intelligence operation

A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean state-affiliated group, according to...

South Korean AI Chipmaker Raises $400 Million for Inference

As the AI inference market grows, a South Korean inference chipmaker startup has raised $400 million as it prepares to go public and compete...

Stablecoin-sceptic BIS exec set to become new South Korean central bank boss – DL News

Shin Hung-song has left his Bank for International Settlements role.South Korean tech firms await green light to launch stablecoins.Shin has warned South Korean stablecoins...