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Crypto

Polymarket, Kalshi declare war on insider trading, warn of permanent ban for sharing confidential information

Prediction market platforms are tightening trading rules to curb insider trading and market manipulation, including blocking politicians and athletes from trading in markets directly tied to them. Kalshi introduced safeguards barring political candidates from betting on their own campaigns and prohibiting sports participants and officials from trading on games they are involved in. Polymarket updated integrity rules, detailing banned conduct and warning of wallet reviews, permanent bans, referrals to investigators and financial penalties.

Finance

KOSPI sidecar triggered 10 times this year, most since global financial crisis

The KOSPI sidecar mechanism has been triggered 10 times in less than two months since last month, the Korea Exchange said. There were four buy-side and six sell-side activations between Feb. 2 and March 23. The KOSDAQ market saw six triggers this year. The exchange said the highest annual total since 2002 was 26 in 2008, with this year the next highest so far.

Finance

KOSPI rebounds more than 2 percent to reclaim 5,550 level, Kosdaq also rises

South Korea's KOSPI ended up 2.74 percent on March 24, reclaiming the 5,550 level after giving up part of earlier gains. The index opened sharply higher and briefly rose to 5,643.00 before easing in afternoon trade. Retail investors and institutions were net buyers, while foreign investors sold 1.9864 trillion won. Most heavyweight shares rose. The Kosdaq gained 2.24 percent. The won weakened against the dollar.

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Polymarket, Kalshi declare war on insider trading, warn of permanent ban for sharing confidential information

KOSPI sidecar triggered 10 times this year, most since global financial crisis

KOSPI rebounds more than 2 percent to reclaim 5,550 level, Kosdaq also rises

Polygon-backed Katana blockchain to acquire IDEX, expand into derivatives trading

SentinelOne, Snyk unveil AI agent security tools

Balancer Labs to liquidate company after $128 million hack; protocol to keep running

Asus to raise Q2 PC prices by up to 30 percent on parts supply shortage impact

Ybrain joins K-Moonshot project as sole BCI industry partner

Hecto Financial says global business on track, confident of record results this year

Daishin Securities appoints Jin Seung-wook as new CEO

LG Uplus appoints outside director Nam Hyeong-du as board chair

KOMC says illegal spam senders, businesses face fines of up to 6 percent of sales

Korea-EU Research and Innovation Day held as 28 Korean teams selected for Horizon Europe

Telecommunications Business Act amendment passes cabinet, requires notice of best rate plans, toughens burner phone penalties

Wemade to launch 'Legend of Ymir' on Steam on April 7, adds new class

Shinhan Bank volunteers with Marine Corps 2nd Division to support national merit recipients

KB Kookmin Bank seeks 60 facilities for KB youth centre remodelling support

South Korea cabinet approves amendments to Information and Communications Network Act