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Crypto
Bitcoin nears golden cross as key signal emerges
Bitcoin is nearing a golden cross as mid-term moving averages converge after its August rebound. The signal’s significance hinges on whether bitcoin can break the $80,000 to $82,000 resistance area. Bitcoin is trading around $79,250 after rebounding from near $58,000 in June. Analysts cite rising short-term averages and a recovered 200-day average. RSI has eased to 62, suggesting bullishness but limited momentum.
Telecommunications & Media
Korea to merge Kobaco and KCMF after bill clears parliamentary committee
A bill to merge the Korea Broadcast Advertising Corp (Kobaco) and the Korea Communications Media Foundation (KCMF) to create the Korea Broadcasting Media Communications Promotion Institute has passed the National Assembly’s Legislation and Judiciary Committee. The committee approved amendments including a revision to the Framework Act on Broadcasting and Communications Development. Some broadcasting, media and communications projects scattered across related agencies under the Ministry of Science and ICT would be transferred to the new body.
AI & Enterprise
South Korea, France to expand AI, semiconductor and quantum cooperation
South Korea and France are expanding science, technology and digital cooperation focused on AI, semiconductors and quantum technology. South Korea's science ministry said the two sides signed an MOU in Paris on Sept. 8 local time during President Lee Jae-myung’s state visit. The agreement details an earlier letter of intent and includes regular meetings, joint research and efforts to identify projects by innovative companies and attract investment for mutual market entry.
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AI & Enterprise
AI agents may cheat and even whistleblow when working together, report says
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AI & Enterprise
AI agents, not people, to increasingly be hacked
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Telecommunications & Media
Up to 6 percent fines on illegal spam sales take effect Oct 1
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Crypto
Citigroup to launch tokenised deposit-based cross-border remittance service in Japan
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AI & Enterprise
DeepSeek pushes for Shanghai STAR Market listing, plans to start process this year
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AI & Enterprise
Microsoft Edge automates extension reviews as AI coding drives submissions
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Telecommunications & Media
Korea's BMCC reauthorises 12 home shopping operators for seven years
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Industry
Kim Bong-jin says Tada incident left psychological barrier to innovation, calls for startup regulatory reform
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AI & Enterprise
N2SF shift opens public-sector security SaaS market, Monitorlab to step up push
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Industry
South Korea to discuss future strategy on economy, society and science and technology
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Finance
KOSPI reclaims 7,000 level, up 1.40 percent on institutional buying
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Finance
Toss Payments says not a system hack as 4,131 transactions viewed at one merchant
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Finance
KRX to launch after-hours market, trading until 8 p.m. from Sept. 14
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Finance
FSS calls financial sector CISOs, warns of tough measures over passive self-corrections
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Finance
Samsung Securities enters commercial paper business after 9 years, gets final FSC approval