BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision and South Korea Strategy
Leading global crypto exchange BYDFi will participate in Seoul Meta Week 2025: METACON (SMW2025), taking place from June 26–27 at the 3rd floor Auditorium of COEX, Seoul. BYDFi is 2025 Partner of SMW, with Samsung, Google, Intel, Spotify, Kakao, and GitHub also listed in this year's lineup.
BYDFi's Presence at SMW2025: METACON
As one of SMW2025's official 2025 Partners, BYDFi's participation reflects its broader commitment to supporting innovation and collaboration in the evolving Web3 and digital finance ecosystem.
Visitors can meet the BYDFi team at Booth #11 to collect the latest exclusive merchandise, released specially for attendees at SMW2025. Throughout the event, the booth has consistently attracted high foot traffic, with attendees lining up to interact with the team and claim limited-edition items.
Michael, Co-founder and CEO of BYDFi, commented: 'Seoul Meta Week brings together the brightest minds in AI and Web3. This event provides a venue to share our latest innovations and connect with forward-thinking builders and traders from across the region.'
Advancing Compliance Strategy Alongside SMW2025 Participation
To further support the compliance process, BYDFi has joined South Korea's CODE VASP Alliance. The partnership includes full integration with a Travel Rule compliance solution. BYDFi has moved in step with strict regulations set by South Korea under the Act on Reporting and Using Specific Financial Transaction Information. This enhances the safety and transparency of cross-platform asset transfers and reinforces BYDFi's position as a secure and compliant trading platform.
BYDFi aims to contribute to a more unified global compliance framework, helping raise industry standards and build lasting confidence among users worldwide.
Reaffirming BYDFi's Dual-Engine Strategy Amid SMW2025 Context
In April 2025, BYDFi officially launched MoonX—its Web3 on-chain trading tool—at Paris Blockchain Week. Designed to power the next generation of decentralized trading, MoonX integrates with Solana and BNB Chain and offers real-time data, Smart Money tracking, Copy Trading, and other essential tools tailored for MemeCoin traders. This launch marked BYDFi's transition into the CEX + DEX dual-engine era.
At Seoul Meta Week 2025, BYDFi highlights how this strategic shift supports the industry's transition toward more integrated and adaptive trading infrastructures in Web3. By combining the speed and liquidity of centralized exchanges with the transparency and discovery capabilities of decentralized tools, BYDFi delivers a seamless, flexible trading experience, empowering global traders to engage confidently with the future of digital assets.
About BYDFi
Founded in 2020, BYDFi now serves a community of 1,000,000+ users across more than 190 countries and regions. Recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, BYDFi offers a full range of trading services—from spot and perpetual contracts to copy trading, automated bots, and on-chain tools—empowering both new and seasoned traders to explore the digital asset space with confidence.
BYDFi is dedicated to delivering a world-class crypto trading experience for every user.
BUIDL Your Dream Finance.
• Website: https://www.bydfi.com
• Business partnerships: bd@bydfi.com
Contact
Media Manager
Anna
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Target's incoming CEO started as a summer intern 20 years ago—he tells Gen Zers to embrace feedback if they want to climb the ladder like he did
Target's incoming CEO, Michael Fiddelke, is proving that you can still work your way up the corporate ladder. The 49-year-old started out as an intern at Target in 2003—and since then has spent over 20 years climbing the $44 billion retail giant's ranks to the Gen Zers grapple with a bleak entry-level job market, he urges recent graduates to 'embrace feedback' and be 'kind curious.' Target's incoming CEO, Michael Fiddelke, is living proof that internships are more than just grabbing coffee for middle managers and doing drudge work—sometimes they can be career catapults. What started as a summer placement in Target's finance department two decades ago has turned into the top job: On Feb. 1, the 49-year-old will succeed Brian Cornell as CEO. While Gen Z have an affinity for job hopping, Fiddelke said he instantly liked the people and the pace at the $44 billion retail giant. He quickly realized he was 'built for' operating in its fast-paced environment, and hasn't looked back since. Looking back, the incoming CEO admits he probably wouldn't have guessed he'd still be here today: 'As I started my Target career as an intern, I never anticipated or even imagined the path my career would take,' the incoming CEO said of the experience in a recent post on LinkedIn. 'Where you start is almost never where you'll finish.' Fiddelke's work ethic was forged long before he set foot in corporate retail, growing up on a small farm in Iowa. His family farmed beef, sheep, corn, and soybeans. After that, they spent time building small businesses, including a liquor store and Super 8 hotels. He went on to study engineering at the University of Iowa, work as a Deloitte consultant, and earn an MBA from Northwestern. It was while Fiddelke was in business school, that he landed that fateful summer internship at Target—and the rest is history. Since joining in 2003, he's worked across merchandising, finance, operations, and HR. Most recently, he's served as CFO and then COO, roles that gave him a seat at the retailer's biggest shifts. The incoming chief tells Gen Z interns to 'make the most of the moment' With more than two decades of experience at the retail giant, the multimillionaire incoming chief exec recently shared his advice for Gen Z graduates kickstarting their internships, reflecting on a time when he was navigating his journey in corporate America. 'Be relentlessly curious. Slow down and ask questions. Embrace feedback. And make the most of the moment by making connections at Target and with your fellow interns,' Fiddelke wrote in the same LinkedIn post, just months before Target's official announcement of his promotion to CEO. Like many recent graduates toggling their LinkedIn status to '#Opentowork,' Fiddelke reminded Gen Zers that he relates to the pressure of having everything figured out by the time you're 18. 'Where you start is almost never where you'll finish. Your career, your passions and even your goals will evolve. Make the best decisions you can with what you know now. Stay flexible and give yourself permission to adjust as you go,' he said when addressing a group of teenagers in his hometown. Fiddelke also urged Gen Zers to 'be kind and curious,' noting that his teams have performed better when doing so. As managers label Gen Z the hardest group to work with, he reminds young workers that being nice to work with can actually help you stand out and succeed. 'In a fast-moving world that often feels divided, kindness is nourishing,' he said. Fortune has contacted Fiddelke for comment. These CEOs have climbed the ranks from the bottom up too Fiddelke isn't the first CEO to start his career in the bottom ranks. Juvencio Maeztu will become Ikea's new CEO this November after climbing the company's corporate ladder for 25 years. The current deputy chief and CFO started off as a store manager in Spain in 2001. Walmart's top boss followed a similar path. Doug McMillon started unloading trailers for $6.50 an hour at age 17 in the summer of 1984, before working his way through a string of promotions. Since then, he's scaled the retail giant's ranks to become the company's youngest CEO since its founder, Sam Walton. Likewise, Pano Christou only started working at Pret because his McDonald's coworker left the company to join the food chain—intrigued by the very new sandwich shop, he quit his McDonald's job to join him. 'I just thought: this looks like a fun environment to work in—so I joined them at 22,' Christou told Fortune. 'The rest is history.' He's now its CEO and earning millions in the top job. 'I'm in a very different situation now—but I don't forget that £2.75 ($3.40) an hour was the starting point of my career.' This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
2 days ago
- Axios
How North Korea's IT army is hacking the global job market
Nearly every Fortune 500 company is hiding the same uncomfortable secret: they have hired a North Korean IT worker. Why it matters: Despite how widespread the issue is, few companies are willing to talk publicly about it. Experts say reputational risk, legal uncertainty, and embarrassment all contribute to the silence — which in turn makes the problem harder to solve. Dozens of resumes, LinkedIn profiles, and fraudulent identity documents shared with Axios lay bare the scale and sophisticated of the scams. The big picture: For North Korea, this is a precious revenue stream that evades American sanctions — capitalizing on the wealth of high-paying remote worker roles in the U.S. to route cash back to Pyongyang. In the past two years, companies and their security partners have begun to grasp the scale of the problem — and now, they're sounding the alarm about where it's headed next. "They've been stealing intellectual property and then working on the projects themselves," Michael "Barni" Barnhart, principal investigator at DTEX Systems, told Axios. "They're going to use AI to magnify exponentially what they're already doing — and what they're doing now is bad." Between the lines: It sounds easy to simply weed out North Korean job applicants. But some of the world's biggest firms have found it devilishly difficult. That's because the North Korean operation has become as complex as a multi-national corporation. It involves several North Korean government offices, dozens of China-based front companies and Americans willing to facilitate the fraud. And the undercover North Korean IT workers are often exceptional at their jobs — at least until they start stealing sensitive data or extorting companies that try to fire them. Google Threat Intelligence VP Sandra Joyce recalled the response of one employer when told they likely had a North Korean fraudster on staff: "You guys better be right, because that is my best guy." The groups running the show North Korea has invested years into building up its remote IT labor force, providing training not just for remote job fraud but also corporate espionage and IP theft. Workers are selected and trained at elite institutions such as Kim Chaek University of Technology and the University of Sciences in Pyongsong — some with specializations in software development, AI or cryptography. Research from DTEX shows that the most advanced worker scams are often coordinated with units like APT 45, a notorious government hacking group known for infiltrating companies, running scams and laundering money. Other participants in the scheme include the Lazarus Group, which typically leads the regime's cryptocurrency hacks and has positioned insiders within crypto companies, and Research Center 227, a new AI research unit inside North Korea's intelligence agency. The intrigue: Cybersecurity companies have been discovering and naming new groups running these hacks, with names like Jasper Sleet, Moonstone Sleet and Famous Chollima. The scale Driving the news: Nine security officials who spoke with Axios all said they've yet to meet a Fortune 500 company that hasn't inadvertently hired a North Korean IT worker. Google told reporters at the RSA Conference in May that it had seen North Koreans applying to its jobs. SentinelOne and others have said the same. KnowBe4, a cybersecurity training company, admitted last year that it hired a North Korean IT worker. A smaller cryptocurrency startup told the WSJ that they accidentally had North Korean workers on their payroll for almost two years. In one case, Sam Rubin, senior vice president of Palo Alto Networks' Unit 42 consulting and threat intelligence team, told Axios that within 12 hours of a large client posting a new job, more than 90% of the applicants were suspected to be North Korean workers. "If you hire contract IT workers, this has probably happened to you," Rubin said. The intrigue: Even small-to-mid-sized companies that rely on remote IT talent or outsource their IT needs to a consulting firm have encountered this problem, Adam Meyers, senior vice president of counter adversary operations at CrowdStrike, said. CrowdStrike has investigated more than 320 incidents where North Korean operatives landed jobs as remote software developers, according to the company's annual threat hunting report published earlier this month. How it works Getting a job at a U.S. company — and going undetected — is a team effort that involves several North Korean IT workers, China-based companies and even a handful of Americans. Some of the North Korean workers are even stationed in China and other nearby countries to keep suspicions low. First, the workers identify potential identities they can assume. Those are often stolen from a real person, or even from a dead U.S. citizen. To pull off this deception, they create fake passwords, Social Security cards and utility bills. Many of them use the same recognizable tablecloth in the background of fake ID photos, Meyers said. For instance, in a December indictment of 14 North Koreans, the workers were found using stolen identities to apply to dozens of jobs. Second, the workers find open jobs in software development, technical support and DevOps posted on Upwork, Fiverr, LinkedIn, and third-party staffing platforms. Much of this is streamlined through AI tools that help track and manage their job applications. Many of them will use AI tools to help generate passable resumes and LinkedIn profiles, according to Trevor Hilligoss, senior vice president at SpyCloud Labs. "There's a hierarchy: There's a group of people who are the interviewers, and they're the ones with the really good English specialties," Hilligoss told Axios. "When they get hired, that gets turned over to somebody that's a developer." Those developers will often juggle several jobs and multiple different personas. Zoom in: Job interviews would seem like the obvious time to catch a fraudulent application. But the "applicants" — whether they're using their real faces and voices or AI-enabled personas — are practiced interviewers with the skills necessary to complete technical coding assignments. In multiple cases, hiring managers only realized something was wrong weeks later when employees looked or behaved differently than during the interview, Barnhart said. After landing the job, the developers step in and request that their company laptop be shipped to a U.S. address — often citing a last-minute move or family emergency. That address often belongs to an American accomplice, who typically operates what's known as a "laptop farm." These facilitators are told to install specific remote desktop software onto the laptops so the North Korean worker can operate the laptop from abroad. In July, the FBI said it executed searchers of 21 premises across 14 states that were known or suspected laptop farms, seizing 137 laptops. Then there's the challenge of ensuring the salaries actually reach the North Korean regime. That often requires the facilitators forward the paychecks to front companies across China or funnel it through cryptocurrency exchanges. In a report published in May, researchers at Strider Technologies identified 35 China-based companies linked to helping North Korean operations. Challenges Hiring processes are so siloed that it's difficult for managers to see all the signs of fraud until the North Korean workers start their roles, Kern said. Even if a company suspects something is wrong, the forensic signals can be subtle and scattered. Security teams may detect unusual remote access tools or strange browser behavior. HR might notice recycled references or resumes that reuse the same phone number. But unless those insights are pooled together, it rarely raises alarms. "There's not one giant red flag to point to," said Sarah Kern, a leading North Korea analyst at Sophos' Counter Threat Unit. "It is multiple technical forensic aspects and then such a human aspect of small things to pick up on that aren't necessarily going to be in telemetry data from an endpoint detection standpoint." Yes, but: Even when these workers are detected, they're not easy to fire. Many of them are so talented that managers are reluctant to even believe they could actually be in North Korea, Alexandra Rose, director at Sophos' Counter Threat Unit, told Axios. If these workers are caught, employers then face a litany of problems: Some workers will download sensitive internal data and extort the companies for a hefty sum in a last-ditch effort to bleed the company of whatever money they can. Some workers have filed legal complaints, including workers' compensation claims, Barnhart said. In one case, Barnhart said he had a worker try to claim domestic violence protections as they were being fired just to buy time. "There is a lot of focus on companies that cybersecurity shouldn't just be for the CISO," Rose said. "You want a bit of that security feel throughout the company, and this is the kind of case that really demonstrates why that is." The bottom line: Some companies also hesitate to report these incidents, fearing they could be penalized for unknowingly violating U.S. sanctions — even though law enforcement officials have said they're more interested in cooperation than prosecution. What's next Right now, the operations are predominantly focused on making money for North Korea's regime. Threat level: But the hacking groups involved are evolving into something more sophisticated and dangerous — including by potentially building their own AI models and feeding in sensitive U.S. company data. That's a particular concern in the defense sector. Barnhart says his teams have seen North Korean IT workers increasingly studying information about AI technologies, drone manufacturing and other defense contract work. What to watch: As U.S. companies become more alert, North Korean IT workers are shifting their focus abroad as they seek employment at other companies and set up laptop farms throughout Europe — suggesting the operation is only just now ramping up, instead of slowing down.
Business Insider
3 days ago
- Business Insider
LYS Labs Raises $4M to Build Machine-Ready Intelligence Layer for Solana's Internet Capital Markets
Bucharest, Romania, August 19th, 2025, Chainwire LYS Labs, the trailblazing machine-ready intelligence platform for Solana's internet capital markets, has closed an oversubscribed $2M angel round and an additional $2M seed round, signaling a seismic shift in on-chain finance. LYS Labs is building the critical infrastructure that transforms unstructured blockchain data into actionable insights, enabling AI-driven agents to operate natively on-chain. Backed by crypto's elite, such as Michael Heinrich (0G Labs), Piers Kicks (Delphi), Bruce Pon (Ocean Protocol), John Lilic (ex-Telos Foundation), Forest Bai (Foresight Ventures), and Scott Moore (Gitcoin), and institutional heavyweights like Alchemy Ventures, Frachtis, and Auros Global, LYS Labs is poised to redefine how machines engage with blockchain. From Raw Data to Machine-Ready Finance LYS Labs began building in November 2023, initially working across the EVM ecosystem, before shifting its full focus to Solana in November 2024, recognizing it as the most fertile ground and the biggest challenge for scaling internet capital markets. Today, the company has shipped its developer portal for raw data with sub-14ms latency and is already serving developers. Its structured, context-aware data stack is in testnet with a select group of users and benchmarking at around 30ms for its contextualized insights. LYS has also built several OG-RAGs (On-Chain Retrieval-Augmented Generators, which combine on-chain data with retrieval-augmented generation techniques) to power Solexys, an AI-driven, context-aware copilot that enables quants and sophisticated analysts to receive sophisticated signals, backtest strategies, and query blockchain data in natural language. Solexys is also live in the testnet with over 200 users. The Structural Bottleneck in AI and Finance The financial industry is increasingly shifting to on-chain, but unstructured blockchain data remains a barrier. Teams spend up to 70% of their resources cleaning and reconciling raw data before extracting insights, creating inefficiencies that limit true machine adoption. This process can take hours, days, or even weeks without the proper tooling. In traditional markets, structured data is the foundation of Bloomberg terminals, quant models, and algorithmic execution. On-chain finance, by contrast, has been held back by messy, unstructured ledgers that lack semantic context. Structured, context-aware data changes the game: it transforms raw blockchain transactions into information streams that machines can understand, reason over, and act upon. Machine-ready intelligence refers to data that is structured, contextualized, and optimized for AI and machine learning algorithms to readily analyze and act upon. This enables AI-driven agents to move from simple retrieval to higher-order tasks like anomaly detection, second-order risk modeling, and autonomous execution. For institutions, this shift mirrors the leap from ticker tapes to Bloomberg, the difference between noise and intelligence, and ultimately between lagging behind and winning markets. As machine-driven trading expands via bots, agents, and sophisticated AI models, structured, context-aware data becomes the critical bottleneck: The volume of on-chain data doubles roughly every 12 months, making human-driven analysis infeasible. Over $3 trillion in tokenized assets is projected to come on-chain by 2030, according to industry forecasts. LYS Labs aims to reduce data processing time by up to 50% and unlock 20% more efficiency in on-chain trading. Low-latency, high-context data streams are essential for machine finance, where even microsecond inefficiencies create competitive disadvantage. 'Markets are becoming machine-first before they are human-first,' said Marian Oancea, co-founder and technical lead of LYS Labs. 'For AI agents to execute trades, detect anomalies, or build strategies autonomously, they need context-aware, structured data that can be processed instantly. That's what we're building—a data foundation where intelligence and execution can natively operate on-chain.' LYS Labs' mission aligns with Solana's trajectory toward becoming the backbone of internet capital markets—a system where all financial instruments, from memecoins to RWAs, exist on-chain with transparent, machine-readable liquidity. 'Solana's goal is to synchronize global information at the speed of light. We are here to support that,' said Andra Nicolau, co-founder of LYS Labs. 'As intelligence and institutions come on-chain, the real unlock is not just raw data, but structured, machine-ready intelligence that allows new forms of capital allocation, faster markets, and entirely new financial products to emerge. Solana's performance makes it the only chain capable of handling this at scale—and we're building the intelligence layer that makes it usable.' Roadmap: Multi-Chain Expansion and Agent Infrastructure While Solana is LYS Labs' immediate focus, the roadmap extends beyond a single ecosystem. LYS Labs is developing the infrastructure to capture cross-chain alpha in real time, enabling machines to seamlessly reason across multiple blockchains and surface opportunities invisible to human traders. Equally important, they are investing in the agent layer, where infrastructure is still immature. By building native support for agent execution - data pipelines, orchestration, and context layers - LYS Labs aims to close the gap between intelligence and action in machine finance. Their mission is clear: to make AI x crypto more efficient, more intelligent, and more seamless than ever before. About LYS Labs LYS Labs is building the machine-ready intelligence and execution layer for Solana's internet capital markets. Founded in 2023, the company transforms unstructured blockchain data into institutional-grade intelligence, enabling AI agents, quants, and institutions to operate natively on-chain. LYS Labs is backed by leading angels from 0G Labs, Ocean Protocol, Flashbots, Gitcoin, Ripple, and more, along with institutional investors including Alchemy Ventures, Frachtis, and Auros Global. Led by a seasoned team with a combined 30+ years in AI, 27+ years in crypto, and over 20 years in the risk mitigation and cybersecurity space, LYS Labs is well-positioned to lead this paradigm-shifting approach to capital deployment and management in the crypto space. Users can visit to learn more. Contact Co-Founder Andra Nicolau
