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Crypto
Saylor says Bitcoin is best-performing asset since August 2020
A debate over returns on bitcoin and gold has flared again, with Strategy Chairman Michael Saylor rejecting Peter Schiff’s claim that bitcoin has lagged gold and stocks over the past five years. Saylor said the comparison period distorts the conclusion and argued that using August 2020 as the starting point shows bitcoin’s annualised return is about 36 percent. The dispute also touches on Strategy shares and the company’s bitcoin holdings.
Crypto
Always-on AI agent payments could make XRP a game changer
XRP and the XRP Ledger could become key financial infrastructure if an autonomous economy emerges in which AI agents handle payments and settlement, a claim has been raised. Chandler Fang, CEO of blockchain-based AI agent infrastructure developer T54.ai, said AI agents operate around the clock through APIs and rely on frequent microtransactions, making traditional banking constraints hard to fit. He cited XRPL’s ultra-low fees, speed, scalability and Ripple’s global payment network.
Finance
Will South Korea revive push for fourth internet bank as innovation and soundness clash
Discussion on launching a fourth internet-only bank in South Korea has resurfaced. Participants broadly agree on the need for financial innovation and wider inclusive finance, but concerns remain over soundness and market saturation. Experts said the debate should focus less on whether it is needed and more on how it should be 추진ed. Financial authorities leaned toward conditional caution, saying they must verify both value creation and associated risks, including stable funding and sound management plans.
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Finance
Shinhan Bank expands Sunday branches in Daegu and Busan to boost foreigners' access to finance
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Industry
Korea Display Association launches full-cycle supply chain checks amid supply worries
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Games & Commerce
Smilegate to recruit third Stove Crew supporter group, expand internship opportunities
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People
Woori Financial expands parcel donation program to support jobs for people with developmental disabilities
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Games & Commerce
SOOP affiliate FreeBR changes name to TTL Communications
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People
KB Kookmin Bank recruits participants for global future-growth finance camp
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Games & Commerce
Pearl Abyss joins Korea Indie Game Dev Camp to support mentoring and technology exchange
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Finance
IBK Industrial Bank of Korea signs agreement with KOTRA to boost export support for SMEs
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Finance
Woori Bank designates '100-year branches' to highlight 127-year history
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Games & Commerce
JoyCity to hold Freestyle Football 2 PC closed beta on May 8, recruits testers
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Crypto
KB Financial to meet Circle CEO to expand stablecoin cooperation
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People & Appointments
Daishin Financial Group joins government energy-saving measures
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People
Post office agency head Park In-hwan encourages staff who prevented voice phishing losses
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Games & Commerce
10 must-have productivity apps for iPad as more people study and work on tablets
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Crypto
XRP bear-market warning lights up, analyst says open to $0.87