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South Korea
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AI Safety & EthicsAI hacking tools likely let one attacker breach multiple South Korean banks
One person, one open-source tool and three AI language models. CrowdStrike said that was likely enough to break into multiple South Korean financial institutions between late September and…
South Korea’s budget office says won stablecoins could save merchants up to $3.8 billion a year
The number that jumps out of South Korea’s National Assembly Budget Office analysis isn’t the headline savings figure. It’s the spread. Won-denominated stablecoins could cut what South Korean…
Stablecoins could save Korean merchants $3.8 billion a year, budget office says
The National Assembly Budget Office says won-denominated stablecoins could cut South Korean merchants’ annual payment fees by anywhere from 370 billion won ($275 million) to 5.15 trillion won.…