Latest Updates Around The World
Bithumb’s CEO admitted past mistakes after the latest 620,000 BTC blunder, which has sparked further investigation into system errors. South Korea’s financial authorities have been criticized for failing to detect major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial Supervisory […]
The Seoul court has sentenced crypto asset manager to prison in the first case under the new Virtual Asset User Protection Act. A South Korean court has sentenced Jong-hwan Lee, CEO of a local crypto asset management company, to three years in prison for manipulating cryptocurrency prices to secure illegal profits. The Seoul Southern District […]
A South Korean cryptocurrency exchange apologized Saturday after accidentally transferring more than $40 billion worth of bitcoin to users, briefly sparking a selloff on the platform.Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred […]
Any deals that emerge from the talks would mark the first time Korean insurance companies have entered the Indian insurance sector. South Korean companies Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co are in exploratory talks to enter India’s $130 billion insurance market, three Indian sources said. […]
Less than two months after export to South Korea, father of the fifth harvest Mor Spirit reportedly died on January 2, according to Korea Racing Authority pedigree records. Eskendereya’s son was 13. Although KRA is not reporting the cause of death, an international blood testing agent familiar with the stallion’s situation who asked not to […]
Through Sharelle B. McNair February 4, 2026 The deal is seen as a way for the country to transform from a consumer of used imports to a producer of high-tech exports. Nigeria does take steps in the domestic electric vehicle (EV) sector by signing an agreement with South Korea to build Africa’s first EV factory, […]
Asian shares fell as concerns about tariffs resurfaced after President Donald Trump threatened to raise duties on South Korean goods. The yen maintained its gains.The Kospi Index, one of the world’s best-performing benchmarks this year, fell 0.9%, while the South Korean won weakened after four days of gains. Japanese shares fell for a second day, […]
Authorities have not confirmed the exact amount missing, but a local report puts the loss at $47.7 million, possibly stolen after a temporary worker clicked on a phishing link. The Gwangju Public Prosecutor’s Office recently discovered that the Bitcoin it had seized in a criminal case and stored as part of an investigation was no […]
1VERSE’s “WABIF (Wide Awake Before I Fall)” Singing Beetle K-pop rookie group 1VERSE (pronounced “Universe”) returns with new music for the new year with the sexy drill track “WABIF (Wide Awake Before I Fall).” The group – Hyuk, Seok, Nathan, Kenny and Aito – first debuted last July with their only album, The 1st Verse, […]
NEWYou can now listen to Fox News articles! A South Korean court heard death penalty arguments for former President Yoon Suk Yeol on Tuesday, as prosecutors accused the deposed leader of orchestrating an uprising through his controversial declaration of martial law in December 2024. Independent counsel Cho Eun-suk asked the Seoul Central District Court to […]
