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South Korea’s Lee vows ‘strict accountability’ for martial law perpetrators

SEOUL, SOUTH KOREA – DECEMBER 03: President Lee Jae Myung speaks during a press conference to mark the first anniversary of former President Yoon Suk Yeol’s brief imposition of martial law, at Yeongbingwan of Blue House on December 03, 2025 in Seoul, South Korea. A year has passed since then-President Yoon Suk Yeol declared a … Read more

South Korea’s New Crypto Billionaires After Naver–Dunamu Deal

South Korea has quietly produced two new crypto billionaires, putting them in the same league as Changpeng “CZ” Zhao and Justin Sun. Song Chi-hyung and Kim Hyoung-nyon, the co-founders behind Upbit operator Dunamu Inc., crossed the billionaire mark in 2025 after agreeing to sell their company last week. The buyer is Naver Financial, part of … Read more

Korea’s Coupang says data breach exposed nearly 34M customers’ personal information

South Korean e-commerce platform Coupang over the weekend said nearly 34 million Korean customers’ personal information had been leaked in a data breach that had been ongoing for more than five months. The company said it first detected the unauthorized exposure of 4,500 user accounts on November 18, but a subsequent investigation revealed that the … Read more

Banned NVIDIA GPUs power North Korea’s AI crypto threat

North Korea has spent nearly 30 years developing artificial intelligence capabilities that could accelerate crypto theft operations, according to a report from South Korea’s Institute for National Security Strategy. Summary INSS says North Korea is using banned NVIDIA GPUs to accelerate AI-driven cybercrime. AI tools in facial recognition and voice synthesis may boost industrial-scale crypto … Read more

North Korea’s Lazarus Group suspected in massive Upbit crypto breach

Key Takeaways Upbit, a major South Korean crypto exchange, suffered a theft from its Solana-network hot wallet. Deposits and withdrawals were suspended after the unauthorized transfer was discovered. Share this article North Korean hacking group Lazarus is suspected of orchestrating a cryptocurrency theft valued at approximately 45 billion won ($30.6 million) targeting South Korea’s largest … Read more

Bybit in talks to acquire Korea’s fourth-largest crypto exchange: Report

Key Takeaways Bybit is exploring the acquisition of Korbit, one of South Korea’s major crypto exchanges. The move aims to help Bybit expand its presence in the competitive Asian crypto market. Share this article Bybit is considering acquiring Korbit, South Korea’s fourth-largest crypto exchange, as the international platform seeks to expand its presence in the … Read more

Xi quips about backdoors during Xiaomi phone gift to Korea’s Lee

Chinese President Xi Jinping joked about security backdoors while presenting a pair of Xiaomi Corp. smartphones to his South Korean counterpart, a rare moment of spontaneous levity captured during a week of tense trade negotiations with Donald Trump. Xi, in South Korea to meet Trump on the sidelines of the Asia-Pacific Economic Cooperation summit, presented … Read more

South Korea’s third-quarter GDP grows at fastest pace in over a year

A container ship sails past buildings in Busan, South Korea, on Thursday, Sept. 22, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s economy expanded at its fastest pace in more than a year, with its third-quarter gross domestic product growth topping analysts’ estimates on Tuesday. According to advance … Read more

As China’s 996 culture spreads, South Korea’s tech sector grapples with 52-hour limit

As the world races to stay ahead in the deep tech revolution — from AI and semiconductors to quantum computing — innovation has become the new currency of power. For many companies, that pressure has translated into heavier workloads and more intense work cultures. Yet they face a real dilemma: they can’t simply ease up … Read more

China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%

A large screen displays images of Combat Unmanned Surface Vessels (USV) at the Hanwha exhibition stand during the Security Equipment International (DSEI) at London Excel on Sept.10, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of South Korean shipbuilder Hanwha Ocean fell more than 8% Tuesday after China sanctioned … Read more

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