Coupang reported a larger-than-expected loss, underscoring the damage from a massive personal data leak that resulted in heavy administrative fines in South Korea, its primary market

South Korea will fine e-commerce giant Coupang $409.30 million over a massive leak of customer information last year and illegal collection of personal information, in the country's largest data breach penalty on a company

South Korea will fine e-commerce giant Coupang $409.3 million over a massive leak of customer information last year and illegal collection of personal information, in the country's largest data breach penalty on a company. More here:

South Korea will fine e-commerce giant Coupang $409.3 million over a massive leak of customer information last year and illegal collection of personal information, in the country's largest data breach penalty on a company

Today, @Coupang and @WooriBank completed Korea's first end-to-end KRW stablecoin payment on Tempo. Using Coupang Eats, the PoC followed a customer payment through real-time onchain settlement to a merchant, with conversion between stablecoins and fiat via a bank-linked account.

WATCH: South Korea will fine e-commerce giant Coupang $409.30 million over a massive leak of customer information last year and illegal collection of personal information, in the country's largest data breach penalty on a company

JUST IN: Stanley Druckenmiller just updated his portfolio This is everything Duquesne Family and Stanley Druckenmiller owned as of the end of Q1 Natera $NTRA: $576.7M Taiwan Semiconductor $TSM: $201.2M STMicroelectronics $STM: $161.1M YPF Sociedad Anonima $YPF: $142.0M Insmed $INSM: $126.3M Brazil ETF $EWZ: $124.6M BBB Foods $TBBB: $113.6M NewAmsterdam Pharma $NAMS: $109.2M Sea Limited $SE: $96.8M Roku $ROKU: $93.2M Alcoa $AA: $92.9M Broadcom $AVGO: $83.7M Teva Pharmaceutical $TEVA: $82.1M Woodward $WWD: $73.6M Sandisk $SNDK: $54.1M Figure Technology $FIGR: $51.2M Revolution Medicines $RVMD: $46.0M Intel $INTC: $44.9M Coupang $CPNG: $43.5M Humana $HUM: $42.1M Seagate $STX: $40.6M CRH $CRH: $39.0M Lattice Semiconductor $LSCC: $39.0M Bloom Energy $BE: $38.6M Option Care Health $OPCH: $36.5M Twilio $TWLO: $36.0M Restaurant Brands $QSR: $34.6M Global X MSCI Argentina ETF $ARGT: $33.7M Jabil $JBL: $28.2M Caris Life Sciences $CAI: $28.1M Wabtec $WAB: $25.0M United Airlines $UAL: $24.6M Cleveland-Cliffs $CLF: $23.8M Arm Holdings $ARM: $22.5M iShares GSCI Commodity $GSG: $22.0M Southern Copper $SCCO: $21.7M Linde $LIN: $20.9M Unity Software $U: $20.4M Nuvation Bio $NUVB: $20.1M Qnity Electronics $Q: $19.8M Micron Technology $MU: $17.2M Protagonist Therapeutics $PTGX: $16.4M Coherent $COHR: $15.8M Belite Bio $BLTE: $15.2M Olema Pharmaceuticals $OLMA: $13.4M Xenon Pharmaceuticals $XENE: $13.0M ADMA Biologics $ADMA: $12.8M StubHub Holdings $STUB: $12.2M PureCycle Technologies $PCT: $12.1M Amazon $AMZN: $12.1M Celestica CLS: $12.0M Daktronics DAKT: $10.7M Cloudflare NET: $10.4M Twist Bioscience TWST: $10.1M LyondellBasell LYB: $9.9M Vista Energy VIST: $9.8M JBS JBS: $8.9M EchoStar SATS: $8.3M Almonty Industries ALM: $8.2M DBV Technologies DBVT: $7.5M Lumentum LITE: $6.8M Solstice Advanced Materials SOLS: $5.3M MercadoLibre MELI: $4.3M Westlake WLK: $1.9M Wave Life Sciences WVE: $1.2M

Tempo’s testnet is live! Any company can now build on a payments-first chain designed for instant settlement, predictable fees, and a stablecoin-native experience. Tempo has been shaped with a wide group of partners validating real workloads including @AnthropicAI, @Coupang, @DeutscheBank, @DoorDash, @Lead_Bank, @mercury, @nubank, @OpenAI, @Revolut, @Shopify, @StanChart, and @Visa. Since our announcement, @brexHQ, @Coastal, @crossriverbank, @deel, @faire_wholesale, @Figure, @GustoHQ , @Kalshi, @Klarna, @Mastercard, @Payoneer, @withpersona, @tryramp, and @UBS have also joined as design partners. Dedicated payment lanes, stablecoin gas, deterministic finality, a built-in stable asset DEX, and programmable smart accounts are all live on testnet. If you’re building or modernizing payment flows, you can start integrating and testing today.