Korean

North Korean hacking group Lazarus is suspected to be behind a recent breach of around 45 billion won (US$30.6 million) worth of cryptocurrency from South Korea’s largest crypto exchange Upbit, sources said Friday.

According to government and business sources, authorities plan to carry out an on-site investigation at the crypto exchange with a belief that Lazarus was behind the hacking.

Dunamu, which operates Upbit, said Thursday it confirmed the transfer of 44.5 billion won worth of Solana-affiliated assets to an unauthorized wallet address and plans to cover the full amount with assets the company owns.

The hacking group had been suspected of stealing 58 billion won worth of Ethereum from Upbit in 2019.

Authorities said the methods used in the latest incident resembled those of the 2019 theft.

“Instead of attacking the server, it is possible that hackers compromised administrators’ accounts or posed as administrators to make the transfer,” a government official said.

Experts note the hacking incident came while Pyongyang is seeking to raise money amid a shortage of foreign currency.

“It is the tactic of Lazarus to transfer crypto to wallets at other exchanges and attempt money laundering,” a security official said, noting such methods make it impossible to track the transaction.

Others said hackers may have intentionally chosen Thursday for their attack, as Naver Corp., South Korea’s top search engine operator, announced its decision on the previous day to acquire Dunamu as a wholly owned subsidiary of Naver Financial through a share-swap deal.

“Hackers have a strong tendency toward self-display,” another security official said.

U.S. Air Force Brig. Gen. Brian Filler, director of Security Forces (L), speaks with Republic of Korea Air Force Col. Jongsung Woo (R), ROKAF Military Police Agency commander, during a site visit with 316th Security Forces Group at Joint Base Andrews in Maryland on Nov. 14. U.S. Air Force photo by Senior Airman Julia Lebens

Nov. 26 (UPI) — Officials with the U.S. Air Force and the Republic of Korea Air Force met this month to coordinate security efforts for the first time in 72 years.

Respective leaders of the USAF and the ROKAF military police units convened in Washington on Nov. 14 to strengthen relationships, assess security risks and explore mutual training opportunities, USAF officials announced on Tuesday.

USAF Security Forces Director Brig. Gen. Brian Filler and ROKAF Military Police Agency commander Col. Jongsun Woo also met in Washington.

“Our fruitful discussions highlighted the bond between our forces,” Filler said. “This is not merely a tactical alliance, but a vital strategic partnership forged in shared commitment, mutual respect and a common purpose.”

“By strengthening our relationship through combined training, knowledge sharing and unified strategic planning, we aim to build a robust and resilient deterrent against any potential threat to our collective security,” Filler added.

The visit included a trip to Joint Base Andrews in Maryland, where Filler and Woo met with the 316th Security Forces Group commander and others, examined counter-small unmanned aircraft systems, observed a military working dog demonstration and learned about the work done by the Ravens special-asset force that protects Air Force locations, equipment and staff.

“The site visit was an opportunity to demonstrate security forces competencies, not only our everyday battle rhythm but our warfighting capabilities as well,”316th SFG commander Col. Joseph Bincarousky said.

“It was interesting to compare and contrast our forces,” Bincarousky added. “We discussed opportunities for partnership between our air forces’ security forces.”

He said the discussion included how they could train together and learn from each other’s respective strengths and challenges.

Such discussions helped to emphasize the relationship between the USAF and the ROKAF, their commitment to collaborative defense and the continued importance of “interoperability in maintaining peace and stability,” Filler said.

“I look forward to furthering the ability of our forces to operate in a combined environment and expand training opportunities to establish a cohesive force able to withstand the uncertainties of emergent threats in the Indo-Pacific,” Filler added.

SEOUL, Nov. 26 (UPI) — South Korean tech giant SK hynix, the world’s leading high-bandwidth memory chipmaker, announced Wednesday it launched a new semiconductor-inspired crunchy snack in collaboration with convenience store chain 7-Eleven.

The snack, called “HBM Chips,” is a play on the company’s high bandwidth memory — or HBM — technology. In this case, the acronym stands for “Honey Banana Mat,” using the Korean word for “flavor.”

The square corn chips, coated with sweet honey-banana chocolate, are meant to resemble semiconductors.

SK hynix said the product aims to make its complex technology more accessible to everyday consumers, particularly younger generations who may become future semiconductor industry talent.

“Semiconductors feel too distant for most people, but snacks are something everyone can enjoy,” SK hynix said in a statement. “We decided to explain technology through a new language of taste.”

The company also introduced a new sunglasses-wearing humanoid mascot “equipped with the latest HBM” that it said will appear in future brand communications, social media content and merchandise.

The collaboration marks the first foray into consumer packaged goods for the business-to-business chipmaker.

SK hynix holds approximately 50% of the global HBM market and recently surpassed Samsung to become the world’s largest dynamic random access memory maker for the first time, capturing 36% market share in early 2025. The company pioneered HBM technology, which stacks layers of memory vertically, in 2013 and currently supplies major tech companies including Nvidia, Amazon and Microsoft.

HBM chips are critical components in AI servers and high-performance computing, enabling faster data transfer between processors and memory.

SK hynix recently logged record-high quarterly profits and said much of its high-end chip supply has already sold out through 2026 due to surging AI demand.

The new snack chips are now available at 7-Eleven stores across South Korea.

SEOUL, Nov. 20 (UPI) — Kenneth Bae, the Korean-American missionary who endured 735 days as a political prisoner in North Korea, is now leading a renewed international effort to realize a unified Korean Peninsula.

Bae, 57, a naturalized U.S. citizen, was the longest-held American citizen in North Korea since the Korean War — an experience he now views as a mission to become a “voice for the voiceless” North Korean people.

Bae’s ordeal began in 2012 when he was arrested while leading his 18th “Love DPRK Tour” group. He was charged with “conspiracy to overthrow the state” and sentenced to 15 years of hard labor. He became the first U.S. citizen to be confined to a North Korean kyohwaso, or re-education camp.

“The ultimate charge was that I had tried to overthrow the North Korean regime through prayer and worship,” Bae said in an interview. His unintentional mistake was bringing an external hard drive containing a documentary that showed the suffering of ordinary North Koreans, which became evidence for the regime’s accusations.

Before his arrest, the “Love DPRK Tour” was focused less on proselytizing and more on cultural exchange and prayer for the land. Bae took some 300 people from 17 countries over two years to engage in activities like making kimchi, learning traditional dance and simply “walking the land” while praying for the North Korean people.

He was released in 2014 after a high-level diplomatic intervention led by then-Director of National Intelligence James Clapper, an event that highlighted his strong, enduring ties to Washington policymakers.

New focus: from defector aid to unification

After his release, Bae initially established the Nehemiah Global Initiative in South Korea, primarily focusing on aiding North Korean defectors with settlement, education and even the financial support needed to rescue family members from third countries. Over eight years, NGI provided English education to about 800 young defectors.

In 2022, he rebranded the organization as the New Korea Foundation International, signaling a critical shift in focus. While support for defectors continues, the core mission is now actively preparing for reunification and the reconstruction of North Korea.

“Reunification is not an option; it is a necessity and a mission for our people,” Bae said, emphasizing the stark difference between his two years of captivity and the seven decades the North Korean populace has lived without freedom.

He insists on a South Korea-led unification that is welcomed by North Korean citizens and supported by the international community. He stresses that the true “target of unification” is the North Korean populace, not the Pyongyang regime.

Mobilizing global support: the “One Korea” campaign

The foundation launched the New Korea Unification Campaign under the slogan, “One State, One Nation, One Future, One Korea.” The campaign is a comprehensive, multi-faceted effort to build global consensus for a free and democratic unified Korea.

The campaign offers three primary ways to participate: sign, give and serve.

• It urges global citizens to join the Signature Campaign (Petition movement) to showcase worldwide support and to join the Nehemiah Prayer Pledge.

This prayer movement, originally launched by Bae’s founding organization, the Nehemiah Global Initiative, already has garnered 6,500 signatures from 75 countries to pray for the people of North Korea and for unification.

• The New Korea Gospel Broadcast is a cornerstone project, a planned U.S.-based AM Christian broadcast intended to reach North Koreans with information about the outside world and the Christian Gospel.

Recognizing the challenges and interruptions faced by official broadcasts like the Voice of America and Radio Free Asia, this private-sector effort aims to maintain a vital source of outside information.

The broadcast will share “letters of hope,” directly inspired by the hundreds of letters Bae received while imprisoned. To fund this critical initiative, the foundation is seeking 1,000 people to contribute $20 per month.

• Other core campaign projects include Raising the Reunification Reconstruction Fund to support relief for refugees, the Human Rights Advocacy Movement and the Nehemiah Scholarship for defectors.

Urgency of the three-year window

Bae views the current geopolitical climate as critical, warning against the danger of the peninsula’s division becoming permanent through the “Two States” theory. He believes that if the two-state narrative is allowed to solidify, it would be a moral “betrayal” of the North Korean people.

He strongly urges the younger generation in South Korea to reject the notion that unification is a financial burden, arguing instead that North Korea is a “land of opportunity.”

“With its natural resources and a combined population exceeding 80 million, a unified Korea would become a powerful and prosperous nation,” he asserted.

He sees the next three years as a crucial window to prevent the permanent entrenchment of the division. Bae is actively appealing to U.S. leaders and policymakers for their support of the Unification Campaign, emphasizing his strong personal connections to American officials and his belief that global consensus is paramount.

Bae believes that by focusing on creating interest, knowing the situation and action, the Korean people and the international community can ensure the path to a single, free Korea remains open.

For more information on the New Korea Unification Campaign, visit the New Korea Foundation International website: newkoreafi.org.

Nov. 14 (UPI) — Four U.S. citizens and a Ukrainian pleaded guilty to participating in North Korean internet technology worker and virtual currency theft schemes.

The Department of Justice announced the guilty pleas on Friday for the illegal schemes that generated funding for North Korea’s armaments program and other uses at various times, from 2019 to 2024.

“Facilitators in the United States and Ukraine assisted North Korean actors with obtaining remote IT employment with U.S. companies,” the DOJ said.

“The facilitators provided their own, false or stolen identities and hosted U.S. victim company-provided laptops at residences across the United States to create the false appearance that the IT workers were working domestically.”

The DOJ said the employment schemes affected at least 136 U.S. companies and used the identities of more than 18 U.S. citizens or legal residents to generate more than $2.2 million for the North Korean government.

The three U.S. defendants who pleaded guilty are Audricus Phagnasay, 24; Jason Salazar, 30; and Alexander Paul Travis, 34, all of whom entered their guilty pleas in the U.S. District Court for Southern Georgia.

The three pleaded guilty to providing U.S. identities to those who are located outside of the United States to enable them to obtain remote work with U.S. firms in exchange for between $3,450 and $51,397 in compensation.

Salazar and Travis at times completed drug testing on behalf of the overseas individuals.

The three defendants also kept laptops at their homes to make it look like the foreign individuals were located in the United States.

The IT worker scheme generated about $1.28 million in pay for the overseas workers.

Erick Ntekereze Prince, 30, also pleaded guilty to a conspiracy to commit wire fraud charge in the U.S. District Court for Southern Florida on Nov. 6.

Federal prosecutors said Prince used his company Taggcar Inc. to contract and supply overseas IT workers to U.S. firms by misrepresenting them as U.S.-based workers.

He also hosted laptops at several Florida residences and installed remote-access software to make it look like the overseas workers were working from locations in Florida.

Prince was paid more than $89,000 for his participation in the scheme, according to the DOJ.

Ukrainian Oleksander Didenky also pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft in the U.S.District Court for the District of Columbia.

He agreed to forfeit $1.4 million for helping North Korean and other IT workers to get jobs at 40 U.S. companies.

A North Korean military hacking group identified as Advanced Persistent Threat 38 also carried out virtual currency heists totaling millions of dollars in value in 2023 while targeting four overseas platforms, according to the DOJ.

“While APT38 actors continued to launder their ill-gotten gains for these heists, the U.S. government froze and seized more than $15million worth of virtual currency that it now seeks to forfeit for eventual return to their rightful owners,” the DOJ said.

The criminal activities arise from the North Korean government’s efforts to evade U.S. sanctions and generate millions of dollars to help fund its weapons programs, including nuclear arms development, said Roman Rozhavsky, assistant director of the FBI’s Counterintelligence Division.

“These guilty pleas send a clear message: No matter who or where you are, if you support North Korea’s efforts to victimize U.S. businesses and citizens, the FBI will find you and bring you to justice,” Rozhavsky said.

“We will ask all our private sector partners to improve their security process for vetting remote workers and to remain vigilant regarding this emerging threat,” he added.

SEOUL, Nov. 14 (UPI) — The United States and South Korea on Friday released a joint fact sheet on a sweeping trade and security agreement that details a $350 billion investment pledge by Seoul and confirms Washington’s approval for its Asian ally to develop nuclear-powered submarines.

The document comes two weeks after U.S. President Donald Trump and South Korean President Lee Jae Myung finalized their trade negotiations on the sidelines of the Asia-Pacific Economic Cooperation forum in Gyeongju on Oct. 29.

“With this, the Korea-U.S. trade and security negotiations, which have been one of the greatest variables affecting our economy and security, have finally been concluded,” Lee said in a televised press briefing and Facebook post on Friday.

Lee expressed “gratitude and respect” for Trump’s decision and said both sides “achieved the best possible outcome, based on common sense and reason.”

Under the terms of the deal, Trump’s so-called “reciprocal” tariffs on South Korean goods, including automobiles, will drop from 25% to 15%, returning to the level initially established in July during Lee’s visit to the White House.

In exchange for the lower tariffs, South Korea has pledged to invest $350 billion in the United States, including $150 billion in the U.S. shipbuilding sector and $200 billion for strategic sectors under a memorandum of understanding to be signed by the two countries.

To minimize the impact on South Korea’s foreign exchange market, Seoul’s annual investment cap was set at $20 billion, the fact sheet said.

“The two governments confirmed that Korea’s investments will proceed only within a level our economy can fully sustain and only in commercially viable projects,” Lee said. “The mistrust and concerns of some who were worried this was a ‘de facto grant’ under the guise of investment in projects with difficult returns have been completely dispelled.”

The fact sheet also formalized Washington’s approval for Seoul’s plan to build nuclear-powered submarines, a capability South Korean leaders have pursued for years. Seoul has framed nuclear-powered vessels as essential for tracking North Korean ballistic missile submarines and for expanding its reach across the Indo-Pacific. Officials also see the program as a catalyst for the country’s nuclear energy and naval shipbuilding industries.

The agreement said Washington will work with Seoul to define requirements for the project, “including avenues to source fuel.” Securing enriched uranium for submarine reactors had been a sticking point in the release of the fact sheet, as Seoul has sought revisions to its bilateral nuclear cooperation pact to allow greater flexibility in enrichment and nuclear waste recycling.

Lee called the submarines “a decades-old dream of South Korea and a vital strategic asset for peace and stability on the Korean Peninsula.”

The agreement comes as Washington and Seoul undertake a broader effort to modernize their security alliance and reshape how the two countries share military responsibilities. The fact sheet noted that South Korea intends to raise defense spending to 3.5% of GDP “as soon as possible,” and reiterated a commitment to the eventual transition of wartime operational control to Seoul.

Seoul also pledged to spend $25 billion on U.S. military equipment purchases by 2030 and outlined plans to provide comprehensive support for U.S. Forces Korea amounting to $33 billion.

“The South Korea-U.S. alliance has evolved and deepened into a truly future-oriented strategic comprehensive alliance encompassing security, the economy, and cutting-edge technology,” Lee said.

As part of that broader strategic framework, the two governments reaffirmed their shared goal of a denuclearized Korean Peninsula and pledged to work together to implement the joint statement of the 2018 Singapore summit between Trump and North Korean leader Kim Jong Un.

The fact sheet called on North Korea to “return to meaningful dialogue and abide by its international obligations, including by abandoning its weapons of mass destruction and ballistic missile programs.”

North Korea has rejected calls for denuclearization since declaring itself a nuclear-armed state in 2022. In September, Kim signaled a willingness to resume diplomacy with Washington but warned that any discussion of giving up his regime’s nuclear arsenal would be off the table.

SEOUL, Nov. 6 (UPI) — South Korean rescue crews are searching for workers believed to be trapped after a large structure collapsed at a power plant in the southeastern city of Ulsan on Thursday, according to reports from authorities and local media.

At least seven people were trapped when a 200-foot-tall boiler tower gave way at the Ulsan branch of the state-run utility Korea East-West Power, news agency Yonhap reported, citing the National Fire Agency. The collapse occurred shortly after 2 p.m. local time.

Two people were pulled from the debris earlier, while emergency responders continue to search for others feared buried beneath twisted metal and concrete.

Prime Minister Kim Min-seok ordered the Ministry of the Interior and Safety, National Fire Agency, Korean National Police Agency and local authorities to “mobilize all available equipment and personnel to prioritize saving lives.”

“In particular, we will make every effort to ensure the safety of firefighters working on-site and thoroughly implement safety measures such as on-site control and evacuation guidance for residents,” Kim said in a statement.

Interior Minister Yun Ho-jung also issued an emergency directive calling for mass mobilization of personnel and equipment to the accident site, adding that a situation-management officer had been dispatched to coordinate on-site operations.

Photos shared by local media showed a massive steel structure toppled on its side with a heap of crumpled beams and scaffolding at its base.

The disaster has renewed scrutiny of South Korea’s industrial safety regime, which has faced criticism following a series of fatal workplace accidents.

President Lee Jae Myung has repeatedly called for tougher safety enforcement to curb such tragedies.

“When fatal accidents occur in the same way, it ultimately amounts to condoning these deaths,” Lee said at a July cabinet meeting.

In August, he ordered that every workplace fatality be reported directly to his office and proposed sanctions such as revoking business licenses and restricting bids from companies with repeated deaths.

Lee, who suffered a factory accident as a teenager, has pledged to reduce South Korea’s industrial accident mortality rate — the highest among the 38 Organization for Economic Co-operation and Development member countries — to the OECD average within five years.