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Industry
Insta360, Viltrox show signs of moving into mirrorless cameras, could shake Japan-led market
Chinese companies are emerging as new variables in the mirrorless camera market dominated by Japanese brands such as Canon, Sony and Nikon. Insta360 has formalised plans to develop its own mirrorless cameras, with its CEO saying it is working on 2 models. Lens maker Viltrox is also drawing attention after joining the L-Mount Alliance and reports about new APS-C L-mount lenses fuel speculation about a camera body, though it has made no official announcement.
Crypto
Bitcoin spot ETFs turn to outflows while ethereum extends inflows
Bitcoin spot exchange-traded funds (ETFs) posted net outflows of $219 million on Aug. 28, local time, ending a nine-session streak of inflows. On the same day, ethereum spot ETFs recorded net inflows of $102 million, extending inflows to 10 sessions. Bitcoin spot ETFs’ cumulative net inflows fell to about $55.1 billion, with total net assets of about $93.9 billion. Ethereum spot ETFs’ cumulative net inflows rose to about $12.9 billion, with net assets of about $13.8 billion.
Games & Commerce
Naver says KurlyNmart transaction value grows tenfold in first year
Naver said on Aug. 31 that transaction value at KurlyNmart, its online grocery service run with Kurly, rose about 10 times from the initial level in its first year. The service, launched last September, combines Naver’s shopping user base with Kurly’s product sourcing and dawn delivery. Repeat purchases were led by users in their 30s and 40s. More than 80 percent of transactions came via the Naver Plus Store app.
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Automotive
Rising used EV supply could undermine gasoline and diesel car values
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Crypto
XRP pulls back after 70 percent surge; focus turns to $1.35 support
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Crypto
Stablecoins cannot fill U.S. long-term Treasury demand gap despite $73.3 billion
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Crypto
Ripple CLO says Clarity Act tied to U.S. jobs and economic growth, September vote in focus
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Industry
Shinhan Bank supports flood recovery in Geoje and Tongyeong with volunteer work and donations
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Finance
Naver Pay, SK Energy expand gas station payments and points partnership
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Games & Commerce
Nexon opens 'MapleStory in Lotte World Busan'
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Finance
KT begins rebuild of Woori Bank AI chatbot, consultation bot
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Crypto
Upbit launches digital asset screener tailored to KRW market
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AI & Enterprise
LG Uplus to build AIoT predictive maintenance system at district energy facilities
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Telecommunications & Media
Korea's three mobile carriers launch PASS ID QR verification campaign
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AI & Enterprise
42Maru targets Saudi AI market through Kosmes support program
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AI & Enterprise
SKT launches A. log photo record service for AI glasses
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AI & Enterprise
NC AI to attend Saudi LEAP 2026, run Korean full-stack AI pavilion
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Crypto
Michael Saylor says 'We're back' as Strategy may resume bitcoin buying