Author: Seoul Reporter

The Seoul Reporter is an independent news platform uncovering untold stories from the heart of Korea. Our team of journalists and contributors expose corruption, highlight innovation, and bring unfiltered truth to readers worldwide from Seoul’s power corridors to its underground culture.

[ad_1] Costs of cryptocurrencies are displayed on a display screen inside Korea’s largest crypto-exchange Upbit, March 4. YonhapKorea’s largest crypto change Upbit suffered an enormous hacking assault Thursday, its operator Dunamu mentioned.”A portion of Solana-affiliated property price roughly 54 billion gained ($36.9 million) was confirmed to have been transferred to an unauthorized pockets handle at 4:42 a.m.,” mentioned Oh Kyung-seok, the chief govt officer of Dunamu.”We plan to cowl the complete quantity misplaced with property from Upbit, to make sure no harm happens to clients’ property,” he added.As a follow-up measure, Dunamu mentioned it has briefly suspended digital asset deposit…

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[ad_1] JEONGSEON, Gangwon Province — Kangwon Land, the one on line casino in Korea that admits native residents, is working to shift its identification as a redeveloped mining space towards a broader position as a hub for wellness, leisure and year-round tourism.Initially established on the shuttered Sabuk coal mine close to the Baekdu-daegan mountain vary, Kangwon Land has turn out to be a mannequin for regional revitalization since its founding in 1998. The corporate’s newest technique, known as the Okay-HIT (High1 Built-in Tourism) Grasp Plan, particulars a 3 trillion gained ($2.3 billion) imaginative and prescient by way of 2035 to…

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[ad_1] WEST PALM BEACH, United States — U.S. President Donald Trump decried Wednesday’s capturing of two Nationwide Guard troopers blocks from the White Home as an “act of terror” and mentioned the perpetrator was a migrant from Afghanistan.”This heinous assault was an act of evil, an act of hatred and an act of terror,” Trump mentioned, as he vowed to have his administration “reexamine each single alien who has entered our nation from Afghanistan” throughout his predecessor Joe Biden’s presidency. [ad_2]

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[ad_1] A particular counsel group stated Thursday it has indicted former President Yoon Suk Yeol and 5 different former senior officers over former Protection Minister Lee Jong-sup’s alleged flight to Australia final yr.Particular counsel Lee Myeong-hyeon’s group has been investigating allegations that Lee fled to Australia in March final yr as he confronted investigation for allegedly interfering in a navy probe into the 2023 loss of life of a Marine.Yoon is accused of ordering Lee’s appointment as ambassador to Australia in November 2023 to allegedly assist him evade the investigation, and faces prices of helping Lee’s departure, abuse of energy…

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[ad_1] Kia stated Thursday that its PV5 Passenger electrical van has been honored as Household Automobile of the Yr on the 2026 BBC TopGear.com Awards, one of many world’s most influential automotive recognitions offered yearly by well-liked TV present “High Gear.”In accordance with the awards, its judges chosen the PV5 Passenger for its spacious and versatile inside, clean driving for an electrical household automobile and noteworthy value worth in comparison with key rivals.“The PV5 provides an unusual mix of beneficiant area, refined consolation and spectacular effectivity, all delivered with standout worth,” High Gear contributor Jack Scarlett famous within the PV5…

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[ad_1] Headquarters of POSCO Holdings. (Photograph offered by POSCO) POSCO Holdings will promote all of its remaining stake in Nippon Metal. Following the disposal of half its stake in September, the corporate may even liquidate the remaining shares and is predicted to safe greater than 200 billion gained (roughly $136.51 million) in more money. In keeping with the funding banking (IB) trade on Nov. 25, POSCO Holdings started demand forecasting amongst institutional buyers to eliminate the remaining 39.2 million shares of Nippon Metal by way of an after-hours block deal. The deal quantities to 24.2…

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[ad_1] Rookie sensation Allday Challenge will launch its first EP, “Allday Challenge,” subsequent month, the group’s company, The Black Label, stated Thursday.Set for launch Dec. 8, the EP options six tracks, together with the prerelease single “One Extra Time” and the lead observe “Have a look at Me.”In a just lately launched self-produced video, the co-ed group hinted that the upcoming album will showcase a distinct facet of the members, with Tarzzan describing it as a “diary-like album.”The five-member group composed of Annie, Tarzzan, Bailey, Woochan and Youngseo rose to prominence when its debut single, “Well-known,” topped main home music…

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[ad_1] Chong Kun Dang headquarters constructing Chong Kun Dang introduced on Nov. 27 that Aclipse Therapeutics, the worldwide licensing companion for diabetes new drug ‘lobeglitazone (model identify Duavive),’ has entered into an settlement with Mayo Clinic in america for a Section 2 scientific trial of gastroparesis therapy candidate ‘M107 (lobeglitazone).’ Underneath this settlement, Mayo Clinic will obtain analysis funding from Aclipse to conduct investigator-initiated scientific trials of M107. The Section 2 scientific trial, named ‘LOGAST (Lobeglitazone for the therapy of idiopathic gastroparesis),’ is scheduled to start affected person recruitment within the first quarter of 2026…

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[ad_1] Each autumn, social media fills with images taken in entrance of the Bangye-ri ginkgo tree, a 1,300-year-old pure monument in Munmak-eup, Wonju, Gangwon Province. Anybody who has visited the tree lately could have unknowingly crossed paths with painter Choi Seon-gil, 63, who has been visiting the positioning nearly every day for six years to seize the tree on canvas.Choi’s work has now been printed in a ebook titled “One Day, I Met a Tree,” a set of his work and reflections on the traditional ginkgo. Talking by telephone Monday, he mentioned, “I went by a course of the place…

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[ad_1] HONG KONG — Hong Kong’s deadliest fireplace in many years burned by the night time, leaving at the very least 44 folks lifeless and 279 reported lacking with rescuers nonetheless pulling residents from blazing high-rise residence buildings into the morning.Police had arrested three males on suspicion of manslaughter in reference to the fireplace, which started Wednesday afternoon in a housing complicated in Tai Po district, a suburb within the New Territories. By Thursday morning native time, the fireplace was but to be put out and rescues continued.Tons of of residents have been evacuated as the fireplace unfold throughout seven…

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