Bithumb Scrambles to Recover Billions After Historic Bitcoin Payout Error

A Costly Mistake Shakes South Korea’s Crypto Market South Korea’s cryptocurrency industry was rocked after Bithumb accidentally distributed bitcoin worth more than $40 billion to hundreds of customers, triggering panic inside the exchange and renewed scrutiny from regulators. What was intended as a small promotional reward spiraled into one of the largest operational blunders ever…

South Korea Crypto Exchange Error Triggers $40 Billion Bitcoin Shock

A Costly Glitch Rocks South Korea’s Crypto Market A major operational error at Bithumb briefly sent shockwaves through global cryptocurrency markets after customers were mistakenly credited with Bitcoin worth more than forty billion dollars. What was intended as a routine promotional payout of a few dollars turned into one of the largest accidental transfers in…

South Korea Pushes ‘World-First’ AI Laws as Tech Ambitions Meet Resistance

South Korea Positions Itself as a Global AI Leader South Korea has taken a bold step into artificial intelligence governance by implementing what it describes as the world’s first comprehensive, fully enforced AI legal framework. The legislation reflects the government’s ambition to place the country alongside the United States and China as one of the…

South Korea’s ‘Google’ Pushes Homegrown AI to Compete With U.S. and China

South Korea Enters the AI Sovereignty Race South Korea is positioning its domestic technology champions as strategic alternatives to U.S. and Chinese artificial intelligence platforms. Often described locally as the country’s answer to Google, leading Korean tech firms are accelerating efforts to build large-scale AI ecosystems rooted in local language, data, and regulation. The push…

South Korea and China Deepen Cooperation on Climate, Industry, and Technology

New Agreements Signal a Reset in Bilateral Cooperation South Korea and China have agreed to broaden collaboration across climate change, industry, and technology, marking a notable update to their long-standing environmental partnership. The deals were signed after leaders from both countries oversaw a series of memorandums of understanding aimed at expanding cooperation beyond traditional air…

South Korea’s Foreign Policy Is Becoming a Domestic Political Battleground

Street Protests Expose a Deeper Political Shift In late 2025, South Korea witnessed a surge of anti-China demonstrations that went far beyond routine protest politics. Marchers carried nationalist slogans, anti-Beijing placards, and symbols borrowed from foreign culture wars, amplifying public anxiety. While the rallies appeared spontaneous, analysts say they reflected a deeper transformation in how…

Hyundai Buildings Evacuated After Bitcoin Ransom Bomb Threat in Seoul

Hyundai Buildings Evacuated After Bitcoin Ransom Bomb Threat in Seoul

Bomb Threat Triggers Emergency Evacuations in Seoul Two major office buildings operated by Hyundai Group were evacuated in Seoul after an anonymous caller threatened to detonate explosives unless a Bitcoin ransom was paid. The incident unfolded on Friday morning and prompted an immediate response from South Korean law enforcement and emergency services. According to local…

US Forms ‘Pax Silica’ Alliance to Secure AI Supply Chains and Counter China

Washington Announces Global Pact to Strengthen AI Mineral Supply Chains The United States has unveiled a new multinational initiative aimed at securing and stabilizing supply chains for critical minerals essential to artificial intelligence systems. Announced in Washington, the pact called “Pax Silica” brings together major Asia-Pacific partners to counter growing concerns over China’s dominance in…

South Korea Faces Deepening Polarization One Year After Martial Law Crisis

South Korea Faces Deepening Polarization One Year After Martial Law Crisis

Martial Law’s Legacy Continues Shaping South Korea’s Political Climate One year after the short-lived martial law declaration, South Korea still grapples with the hostility it unleashed. The brief decree fundamentally altered political identities and continues influencing how parties engage with one another. The crisis deepened mistrust among supporters of major parties, embedding a long-lasting sense…

Thai Economy Suffers Steepest Contraction Since 2021 As Growth Fades

Thai Economy Suffers Steepest Contraction Since 2021 As Growth Fades

BANGKOK — November 16, 2025 — Thailand’s economy contracted more sharply than expected in the third quarter, signaling mounting challenges for Southeast Asia’s second-largest economy as manufacturing and tourism both weaken. According to the National Economic and Social Development Council (NESDC), gross domestic product fell 0.6% from the previous quarter, marking the worst performance since…