Anthropic AI raises $100m from South Korea to bolster telecommunications industry
The Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Telecom to bolster industry.
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South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money
The vice president of the crypto exchange will also be put on trial without preliminary detention.
Korean superconductor LK-99 joins memecoin craze
The world’s supposed first room-temperature ambient pressure superconductor already has a memecoin.
CRV Trades at Premium on Bithumb and CoinOne Following Curve Finance Hack
CRV – the native token of the DeFi exchange Curve Finance – has plunged over 12% following the recent exploit on several stable pools of the project. However, the token’s…
South Korea to pilot CBDC in one of these three cities, not Seoul
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency.
South Korean Lending Platform Delio Faces Disruption in Operations After Asset Seizure
South Korean digital asset savings and lending firm Delio has plunged into a deeper crisis more than a month after suspending user withdrawals. The authorities seized Delio’s assets on July…
Korean banks research stablecoin, CBDC alternative
Hana Bank plans to research certificates of deposit tokens, while Woori Bank’s research department has recently released a report on the tokens.
Terraform Labs appoints new CEO from existing team: Report
Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months.
South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country.
South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project.
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