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Crypto

Bitcoin drawdown shrinks as Wall Street sees it as portfolio asset

Bitcoin has cut its peak-to-trough decline to about 50 percent in the current cycle, easing its long-held image as a crash-prone asset, analysts said. Past cycles saw repeated drops of 80 to 90 percent from highs. Commentators cite deeper liquidity and rising institutional participation, with some investors looking at 1 to 3 percent portfolio allocations. Others warn of a possible return toward $10,000 and broader risk-asset corrections.

AI & Enterprise

Krafton launches 'Raon' AI model brand, releases 4 models as open source

Krafton launched its artificial intelligence model brand Raon and released four models as open source on global platform Hugging Face, it said on Wednesday. The lineup includes an LLM-based speech model, a real-time full-duplex speech chat model, a text-to-speech model trained on public audio data and a vision encoder. Krafton said it handled the full foundation-model process in-house, from data collection to training and evaluation.

Industry

Coupang Eats Service launches free safety inspections for delivery partners

Coupang Eats Service said on Wednesday it will roll out a free safety inspection program for delivery partners in the first half of 2026. The inspections, which began last month in Gunpo, will run sequentially through June in 15 areas including Seoul, Gyeonggi and Incheon, as well as Cheongju, Changwon and Jeonju. The program checks key motorcycle safety items and may provide free replacement of consumables. Some areas will also offer traffic safety education and health screenings.