# South Korea
Latest news and articles about South Korea
Total: 24 articles found
Seoul Calls Civilian Drone Flights into North ‘Extremely Dangerous’ as Tensions Rise
South Korea says three civilians launched drones into North Korean airspace on four occasions between September 2025 and January 2026, prompting investigations into the operators, a drone manufacturer and intelligence personnel. Seoul plans to tighten laws, strengthen local security networks, and explore restoring the 9·19 military agreement to reduce the risk of escalation.
Seoul Alleges Yoon-Era Drone Provocations Toward Pyongyang as New Government Moves to Rebuild 2018 No‑Fly Pact
Seoul's unification minister announced investigations into drone flights to North Korea by three South Korean civilians and accused the previous Yoon administration of conducting 11 operations totalling 18 drone sorties aimed at Pyongyang. The new government plans to restore the no‑fly provisions of the September 19, 2018 military agreement to rebuild confidence and reduce airborne tensions between the Koreas.
South Korea Eyes Drone 'Aircraft Carriers' — 42,000‑Ton Design Signals New Naval Strategy
South Korea displayed designs for unmanned aircraft carriers, including a 42,000‑ton concept, and plans to upgrade existing amphibious ships to operate drones and coordinate manned‑unmanned missions. The initiative signals a doctrinal shift toward drone‑centric naval power, with implications for regional deterrence, industrial capacity and alliance interoperability.
South Korea Bets on Drone Carriers to Extend Naval Reach — 42,000‑ton Concept Joins 15,000 and 32,000 Designs
South Korea showcased concepts for large unmanned aircraft carriers — notably a 42,000‑tonne design — and plans to retrofit its Dokdo and Marado amphibious ships for UAV operations. The move signals a strategic shift toward unmanned naval aviation that could expand Seoul’s expeditionary reach and create new industrial opportunities, even as technical, budgetary and geopolitical challenges persist.
Seoul’s Risky Bid to ‘Co-Manage’ the DMZ: A Play for Autonomy That Could Unravel Stability
Seoul has proposed joint South Korea–US management of the DMZ, a move framed as a compromise but seen by critics as an attempt to reclaim authority from US command. The plan risks undermining alliance cohesion, provoking North Korea, and creating operational confusion unless accompanied by deeper changes to wartime command arrangements and renewed diplomacy.
Bithumb’s $44bn ‘Fat‑Finger’ Mistake Sends Crypto Markets Reeling
Bithumb accidentally credited users with 620,000 BTC (about $44bn) during a promotional payout after entering the wrong unit; the exchange recovered 99.7% of the coins and pledged to compensate affected customers. The error briefly distorted prices on the platform, prompted a regulatory on‑site inspection and highlighted persistent operational and regulatory risks in the cryptocurrency industry.
Fat‑Finger at Bithumb Sends Hundreds of Thousands of Bitcoins Into Market, Triggers Short‑Lived Crash and Regulatory Alarm
A Bithumb employee’s data‑entry error credited 620,000 bitcoins across 695 accounts, prompting rapid selling, a 17% price plunge on the exchange, and sweeping regulatory alarm. Bithumb says it recovered 99.7% of the coins, will compensate harmed customers, and regulators in Seoul will review exchange controls and possibly conduct on‑site inspections.
Trading Error at Bithumb Sends Bitcoin into a 17% Flash Crash, Exchange Recovers Almost All Coins
A data-entry error at South Korean exchange Bithumb mistakenly credited 620,000 BTC to prize winners, prompting immediate sell orders that caused a 17% intraday price drop. The exchange says it recovered 99.7% of the coins and will compensate customers harmed by the forced selling, while regulators have opened reviews of exchanges’ internal controls.
Crypto Fiasco in Korea: Exchange Reportedly Airdrops 620,000 'Bitcoin' — A Technical Glitch or Market Shockwave?
Reports that a South Korean exchange accidentally airdropped 620,000 units labeled as bitcoin sparked alarm amid a wider crypto market slump. Given the implausible scale, analysts suspect a technical or token‑mapping error; the episode nonetheless underscores operational, regulatory and information risks for centralized crypto platforms.
Typo, Turmoil: Bithumb's 'Won‑for‑Bitcoin' Error Sparks $40bn Flash Crash and Regulatory Sweep
A data‑entry error at South Korean crypto exchange Bithumb led to hundreds of user accounts being mistakenly credited with very large bitcoin balances, triggering a brief 17% price plunge on the platform. Bithumb said it recovered 99.7% of the coins, will compensate affected customers, and now faces regulatory reviews that could strengthen oversight of exchanges worldwide.
A Staggering Human Error Rocked Crypto Markets: Bithumb’s ‘Unit Mistake’ and the Fragility of Exchange Custody
A unit‑entry error at Bithumb turned routine promotional payouts into an apparent 620,000 BTC airdrop, briefly creating nominal balances worth tens of billions of dollars and triggering a market dip. Most coins were frozen and reclaimed; regulators have launched on‑site inspections and Bithumb has pledged full compensation to affected users while promising tighter controls.
Seoul and Abu Dhabi Explore Joint KF-21EX Project — A Test of South Korea’s Bid to Break Western Weapon Monopolies
South Korea and the UAE signed a defence cooperation memorandum that opens the door to jointly developing a stealth‑enhanced KF-21EX fighter. The deal reflects the UAE’s desire to diversify weapon suppliers and Seoul’s ambition to break into higher tiers of the global fighter market, but the project faces major technical, export-control and competitive hurdles.