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Crypto

North Korea\'s Lazarus suspected of cashing out $30 million in bitcoin, raising U.S. regulatory risks

Wallets assessed to be linked to North Korea\'s Lazarus group are suspected of selling more than $30 million in bitcoin on decentralised derivatives platform Hyperliquid over the past three weeks. The funds were then converted into ether and solana and moved to centralised exchanges including Kraken, LBank and KuCoin. The activity comes as Hyperliquid pursues U.S. market entry, putting sanctions and anti-money laundering issues in focus.

Finance

Seoul launches Ansim Account No. 4 at six banks, raises cap to 20 million won

Seoul will launch Ansim Account No. 4 on Sept. 3 to support small business owners and self-employed people, raising the maximum limit per business to 20 million won from 10 million won. The city will supply 300 billion won under the programme from Sept. 3, bringing this year’s total supply to 500 billion won. The product is a revolving credit line with interest charged only on amounts used and tiered limits based on business history, credit scores and reported sales.

Telecommunications & Media

Science ministry seeks applicants for Data+AI Innovation Challenge

South Korea\'s Ministry of Science and ICT is integrating data competitions previously run by individual agencies under the Data+AI Innovation Challenge and is seeking participants. The ministry launched a combined call for three sections: Data Safe Zone, Data Problem Solving and Big Contest. Individuals or teams can enter, with winners selected through preliminaries and finals. The contest offers 53.9 million won in prize money and 40 awards, with section-specific entry deadlines through late October.