South Korean President Lee Jae Myung has confirmed a coordinated cyberattack targeting the country’s financial sector. He has ordered government agencies to send personnel and resources immediately to contain the damage. The breach affected seven financial institutions, including...
DeepSeek is reportedly on track to raise at least 80 billion yuan ($12 billion) in its latest pre-IPO funding round, far exceeding its initial 50 billion yuan target. The round has attracted major investors including Tencent Holdings, the...
Billionaire investor Ray Dalio has warned that the US Treasury market remains vulnerable to weaker demand from China and Japan, two of its largest foreign creditors. Speaking on Bloomberg Television in Singapore on October 6, the Bridgewater Associates...
Hong Kong plans to submit draft amendments to its legislation by the end of 2026 to establish a licensing system covering four virtual asset services. Christopher Hui, Secretary for Financial Services and the Treasury, said on October 5...
SMBC Nikko Securities is moving beyond traditional financial infrastructure by working with Uniswap Labs, Nethermind, Base, and the Nyx Foundation on a regulated DeFi platform for Japanese investors. The October 2 partnership formalizes a project that began as...
Core Lightning developers have issued an urgent security warning after confirming that attackers are actively targeting unpatched Bitcoin Lightning Network nodes. In an October 2 advisory, the team urged operators running Core Lightning version 26.06.7 or earlier to...
Japan’s largest cryptocurrency exchange, bitFlyer, is introducing a new anti-fraud measure called “Cooldown” from October 15, 2026. The policy will apply to individual customers within 90 days of completing identity verification. After an eligible user deposits Japanese yen...
Cybersecurity firm Proofpoint has uncovered a targeted espionage campaign in which China-aligned hacking group TA419 impersonated prominent US AI experts and former government officials to target researchers and organizations involved in AI policy. The campaign targeted fewer than...
Chinese technology giant Tencent has signed a reported five-year, $7 billion lease with Oracle for access to about 100,000 advanced AI chips across multiple data centres in Southeast Asia, according to the Financial Times. The agreement, which includes...
September 2026 has become the worst month of the year for cryptocurrency security breaches, with hackers stealing more than $768 million. Data from Certik showed a sharp increase in exploit-related losses compared with August, as dozens of separate...
