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Crypto
U.S. seeks forfeiture of $61 million in crypto tied to alleged Iran oil payment laundering via Binance accounts
U.S. federal prosecutors are seeking civil forfeiture of about $61 million in cryptocurrency they say is linked to proceeds from Iran’s black-market sales of sanctioned crude oil and petroleum products. Prosecutors filed a civil complaint and alleged the funds could have been used by Iran’s government, military and the Islamic Revolutionary Guard Corps. The complaint names two China-linked firms and identifies an interconnected wallet network that allegedly moved more than $1.5 billion.
Games & Commerce
Neowiz secures Nihon Falcom's 'Legend of Heroes III: The White Witch' IP for PC, consoles
Neowiz will reintroduce Japanese developer Nihon Falcom's classic RPG 'Legend of Heroes III: The White Witch' as a PC and console game. The South Korean company said on Tuesday it signed an IP agreement with Nihon Falcom, securing rights to develop a PC and console package title and to publish it globally. Neowiz plans to preserve the original story and mood based on its development and publishing experience.
Finance
Nol Universe tops 10,000 issuances of prepaid card for foreigners
Nol Universe said on Tuesday that its NOL World Card, a prepaid card aimed at foreign tourists, surpassed 10,000 issuances within three months of its May launch. The card was jointly introduced with Woori Bank and Kona I. It is issued at Woori Bank exchange counters at Incheon airport and offers exchange-rate benefits. Users can exchange, top up and withdraw at Woori branches, ATMs, unmanned exchange machines and partner kiosks.
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People & Appointments
Korea Posts chief Park In-hwan inspects Chuseok special mailing operation
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AI & Enterprise
Hudson AI provides real-time AI interpretation at BCWW
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Telecommunications & Media
KT, KISTI launch 400Gbps Korea-U.S. research network, quadrupling capacity
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AI & Enterprise
SKT expands managed AI cloud security services with F5
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Games & Commerce
Kakao former CEO Im Ji-hoon sues Kakao Ventures and founder Kim Bum-soo over performance fee dispute
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Telecommunications & Media
South Korea IPTV broadcasters to use 18 million set-top boxes to measure TV viewing
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Crypto
Binance to delist five margin trading pairs including ENJ, CVX and VANA; trading ends Sept. 18
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AI & Enterprise
OpenAI faces scrutiny over project using human reviewers to assess real ChatGPT chats
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Crypto
Clarity Act falls 49-50 as Democrats oppose and Republicans defect; BTC, XRP and SHIB drop
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Crypto
Bitcoin short-term holders stay in profit for 30 days; CryptoQuant calls it bull-market return signal
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Crypto
Ripple CEO says crypto will win even without U.S. Clarity bill
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Crypto
Bitcoin slides to $75,500 on surging bond yields, Clarity Act setback
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Industry
Sony Korea launches first fisheye zoom G lens 'FE 8-14mm F3.5 Fisheye G'
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Telecommunications & Media
Nvidia expands AI push into broadcasting with real-time slow motion, lip sync
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Crypto
U.S. Senate fails to advance Clarity Act, raising questions for crypto market