Category: Korean
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South Korea Sanctions 15 North Korean Hackers and One Entity Over Crypto Theft Operations
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South Korea has Announce Sanctions against 15 individuals and one entity from North Korea involved in cybercrime, including large-scale cryptocurrency thefts. The move comes amid growing concerns about North Korea’s use of cyber operations to fund its weapons programs and evade international sanctions. South Korea imposes sanctions on North Korean…
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Hyperliquid (HYPE) Threatened By North Korean Hackers
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Hyperliquid (HYPE), a decentralized perpetual exchange (DEX) running on its own layer-one blockchain, is currently facing major security concerns after observing abnormal trading activities linked to North Korean hacking groups. Multiple addresses labeled as a North Korean hacker were traded on Hyperliquid, with a total loss of more than $700,000,…
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South Korean Crypto Exchanges Hit Record $34 Billion Volume
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Yesterday, the cryptocurrency market in South Korea suffered a sharp decline after declaring a state of emergency. This caused a massive sell-off that brought the prices of most cryptocurrencies to monthly lows. After the turmoil, local stock exchanges saw record daily trading volume for the second day in a row,…
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North Korean Operatives Steal Billions As IT Workers
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For many years, cybersecurity threats such as hacking and identity theft have affected not only individual accounts, but also companies and organizations. Many governments point the finger at North Korea as the likely location of these hackers who have cost the global economy billions of dollars. Now, reports from Cyber…
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South Korean politician calls for investigation of biomass energy material imported from Indonesia
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Breadcrumb links PMN BMN Business Article writer: Associated Press Victoria Milko and Hyung Jin Kim Posted on November 28, 2024 • Last updated 15 minutes ago • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content…
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South Korean Inflation Eases to 1.6% in September; BOK May Ease in October Meeting
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Full story via EMW on PiQ Suite South Korea’s CPI inflation rate fell to 1.6% year-on-year in September due to lower transportation prices Core CPI rose 1.8% y/y compared to 1.9% y/y in August Fresh food prices stabilize at a low growth of 3% year-on-year The CPI reading increases the…
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FBI Warns of North Korean Hackers Targeting U.S. Bitcoin And Crypto ETFs
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Today, the FBI Issued The BBC has issued a warning that North Korean hackers are targeting cryptocurrency exchange-traded funds (ETFs) in the United States in an attempt to steal digital assets. The FBI said the hackers are using advanced social engineering techniques to breach the security of companies associated with…
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FBI Warns of North Korean Hackers Targeting U.S. Bitcoin And Crypto ETFs
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Today, the FBI Issued The BBC has issued a warning that North Korean hackers are targeting cryptocurrency exchange-traded funds (ETFs) in the United States in an attempt to steal digital assets. The FBI said the hackers are using advanced social engineering techniques to breach the security of companies associated with…
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North Korean Hackers Exploit Chrome Vulnerability (Zero-Day) To Steal Cryptocurrency
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In a worrying development, security researchers have uncovered a worrying trend of North Korean hackers exploiting a previously unknown vulnerability in Google Chrome to target cryptocurrency companies and exchanges. This sophisticated attack campaign, attributed to the notorious hacking group Citrine Sleet (also known as Hidden Cobra, UNC4736, and Diamond Sleet),…
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North Korean Hackers Exploit Chrome Vulnerability (Zero-Day) To Steal Cryptocurrency
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In a worrying development, security researchers have uncovered a worrying trend of North Korean hackers exploiting a previously unknown vulnerability in Google Chrome to target cryptocurrency companies and exchanges. This sophisticated attack campaign, attributed to the notorious hacking group Citrine Sleet (also known as Hidden Cobra, UNC4736, and Diamond Sleet),…
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North Korean hackers target crypto institutions via Chromium browser
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North Korean hackers, known as Citrine Sleet, have exploited a critical vulnerability in the Chromium browser to attack cryptocurrency financial institutions. The Citrine Sleet group targeted financial institutions and cryptocurrency entities to steal digital assets. By creating fake cryptocurrency exchanges, the North Korean hackers tricked victims into downloading malware, such…
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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares
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South Korea’s National Pension Service (NPS) has bought $34 million worth of shares in MicroStrategy, a business intelligence firm that has raised billions of dollars in Bitcoin. BREAKING: ?? South Korea’s pension fund announces $34 million purchase of MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to…
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Stolen Millions Converted To Ether, Experts Suspect North Korean Involvement
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The cryptocurrency world has been hit by another high-profile security breach, this time targeting one of India’s largest cryptocurrency exchanges, WazirxThe incident, which occurred on July 18, 2024, resulted in the theft of digital assets worth $234 million, raising concerns about the safety and stability of the cryptocurrency ecosystem. WazirX…
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Stolen Millions Converted To Ether, Experts Suspect North Korean Involvement
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The cryptocurrency world has been hit by another high-profile security breach, this time targeting one of India’s largest cryptocurrency exchanges, WazirxThe incident, which occurred on July 18, 2024, resulted in the theft of digital assets worth $234 million, raising concerns about the safety and stability of the cryptocurrency ecosystem. WazirX…
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South Korean Crypto Gain Taxation May Be Delayed Until 2028 Amidst Investor Concern
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The South Korean government’s plan to implement a 20% cryptocurrency gains tax has faced repeated delays, with the latest proposal suggesting it be postponed until 2028. This potential seven-year delay to South Korea’s crypto tax has sparked debate about the country’s approach to regulating cryptocurrencies and the impact on the…
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Spouse Of Do Kwon Scores Major Victory In South Korean Court
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While Do Kwon’s extradition has yet to be decided in Montenegro, Terraform Labs founder Lee’s wife has won a major legal victory against the South Korean state. The court ruled that some real estate shares and subscription rights in Officetel, previously seized in Lee’s name, should not be subject to…
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Spouse Of Do Kwon Scores Major Victory In South Korean Court
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While Do Kwon’s extradition has yet to be decided in Montenegro, Terraform Labs founder Lee’s wife has won a major legal victory against the South Korean state. The court ruled that some real estate shares and subscription rights in Officetel, previously seized in Lee’s name, should not be subject to…