Tag: Korean

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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...

US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation

The U.S. Treasury Department on Thursday sanctioned six individuals and two entities linked to a North Korean government scheme, which it alleged used fraudulent...

South Korean Authorities Exclude Stablecoins From Corporate Crypto Investments – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korean authorities are reportedly moving to exclude stablecoins from an incoming...

‘Dead’ South Korean crypto fraudster resurfaces and pays back victims – DL News

A crypto fraudster who was declared dead returns and repays victims.The episode captures the quirky intersection of South Korea’s crypto scene and law enforcement.A...

BTC gains above $73,000 as money flees South Korean stocks

South Korea’s stock market suffered one of its fastest declines in history this week, with the Kospi falling about 20% in two trading days,...