Telecommunications & Media

Korea broadcast and media watchdog to overhaul telecom user protection assessment, pre-disclose criteria

South Korea\'s Broadcast Media Communications Commission will expand the scope of its assessment of telecom operators\' user protection work and overhaul how it is conducted. The commission will pre-disclose assessment criteria and focus evaluations on operators with a higher likelihood of user harm. It will publish a basic plan each January and select final targets from within the disclosed range later in the year. The changes apply from the 2027 assessment.

Crypto

Binance completes replenishment of hacked assets, releases reserves for 198 coins

Binance said it has completed replenishing assets affected by a hack. In line with its pledge to bear user asset losses, it injected about $6.34 billion and expanded proof-of-reserves coverage from 10 assets to 198. It released a new snapshot showing on-chain wallet balances exceeding 100 percent of users’ net balances for eight major assets. It expects generating full zero-knowledge proofs to take 40 to 50 hours.