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Crypto

South Korea crypto trading volume falls 28 percent as funds shift to AI, semiconductors

South Korea\'s cryptocurrency trading volume fell 28 percent from a year earlier, the biggest decline among major global markets. U.Today reported that South Korea remained the world\'s No. 2 market for retail crypto activity in the first quarter of 2026, but actual trading contracted sharply. TRM Labs data showed the United States led retail activity with $212 billion in trading. Funds are shifting to domestic stocks, led by strong gains in AI and semiconductors.

Crypto

Binance says 2025 illicit crypto recovery rate 11 percent, 55 times higher than traditional assets

About 11 percent of illicit cryptocurrency transaction volume in 2025 was seized or frozen through cooperation between law enforcement agencies and private-sector groups, Binance Research said. Binance said the recovery rate was about 55 times higher than that for traditional financial assets. The report cited cases involving Tether, Interpol and the T3 Financial Crime Unit. Analysts including Chainalysis and TRM Labs questioned Binance’s figures, citing excluded categories such as hacks and ransomware.

Crypto

North Korea accounts for 76 percent of crypto hacking losses this year

North Korea-linked hacking groups accounted for 76 percent of cryptocurrency hacking losses reported through April this year, according to a TRM Labs report cited by BeInCrypto. Two attacks, targeting Drift Protocol and KelpDAO, drove most losses of about $577 million. Drift lost $285 million on April 1, while KelpDAO’s cross-chain bridge saw 116,500 rsETH stolen worth about $292 million. TRM Labs said attack frequency has not risen but methods have become more sophisticated.