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Crypto
Focus shifts to lame-duck session after U.S. Senate blocks Clarity Act debate motion
The U.S. Senate rejected a procedural motion to begin considering the Clarity Act, which would set a regulatory framework for digital assets and delineate oversight roles for the SEC and CFTC. The vote failed 49 to 50, well short of the 60 votes needed. Democrats raised concerns over ethics provisions tied to President Donald Trump and crypto-related business, citing conflicts of interest and investor protection. Republicans said the bill was not finished and could return in the lame-duck session.
Finance
Samsung Active Asset Management fund managers suspected of front-running ETF holdings, regulator probes
South Korea's Financial Supervisory Service is investigating allegations that some fund managers at Samsung Active Asset Management bought shares in advance of their inclusion in exchange-traded funds to seek improper profits. The watchdog is examining whether they identified stocks set for active ETF portfolios, bought them through nominee accounts and later sold for gains. The case emerged while authorities reviewed a prior information leak tied to the KoAct Kosdaq Active ETF listing.
AI & Enterprise
JobKorea says first-half AI job postings jump 128 percent, non-development hiring rises
JobKorea said AI job postings in the first half rose 128 percent from a year earlier, with about 18,000 AI-keyword listings registered through June. It said postings designated as AI specialist roles increased 128 percent, and experienced-hire postings rose 140 percent, outpacing entry-level roles. Non-development AI job postings climbed 325 percent, lifting their share to 21.6 percent. Large companies recorded the biggest rise in postings.
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Crypto
Dunamu to cooperate with Kazakhstan on digital finance infrastructure
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AI & Enterprise
Palo Alto Networks Korea says OpenAI Hugging Face hack could have been prevented with identity management
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Games & Commerce
Neptune teams up with LINE Games to launch five H5 titles in Japan
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Games & Commerce
Kakao Entertainment, Disney Korea to expand K-pop IP globally with 10 projects
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AI & Enterprise
Testing ChatGPT-6 Astra for tedious tasks from train tickets to account deletion
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Telecommunications & Media
AI finds your art tastes in LG Uplus Teum revamp
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AI & Enterprise
Government to draw up 2045 national development strategy to respond to AI, demographic change
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Mobility
Battery weight keeps electric aircraft commercialisation distant
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Industry
Shinhan Bank joins pro baseball players and fans donation campaign, pledges up to 70 million won
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Finance
MOIS to provide online household move-in data to Toss Bank, first for internet-only banks
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Games & Commerce
Diablo 5 draws on Diablo 2 DNA as Blizzard cites key reference
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Crypto
XRP sees $2.02 million of short liquidations in one hour, derivatives volatility in focus
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Crypto
Korbit rebrands as Digital X, completes Mirae Asset brand integration
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Mobility
Segway unveils MUXI Pro cargo e-bike with automatic shifting and regenerative braking
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Crypto
Cardano joins Mastercard crypto partner program to expand payments business