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Crypto
Korbit under Mirae Asset offers 1-year zero fees, raising questions over exchange race
Korbit, now under Mirae Asset Group, has made trading fees free for one year on all assets in its won market, seeking to boost volume and liquidity. The move is unlikely to shake the dominance of Upbit and Bithumb but could affect Korbit’s competition with Coinone for third place. Market activity has weakened, with average daily turnover at major won exchanges down sharply from January. DigitalX also approved a roughly 50 billion won capital increase.
Politics & Government
Park Hong-geun says Future Response Fund to invest in AI and regions
South Korea's government is considering a broad range of investment targets for a Future Response Fund to be formed from additional tax revenue, including AI and other advanced industries as well as rural and regional projects. Planning and Budget Minister Park Hong-geun said about 10 trillion won in extra funds had been secured from a surge in securities transaction tax and would be reviewed for contributions to rural development and agricultural growth. The fund's size has not been disclosed.
Telecommunications & Media
Civic groups urge caution on 150-day holdback, seek consumer participation
Consumer and civic groups urged the government to include consumers in a voluntary agreement on a film release holdback now under 추진 and to discuss movie ticket prices and settlement transparency. The groups said a uniform holdback period could limit consumer choice and called for broader talks on existing distribution issues, including telecom discounts and settlement details. They said they do not oppose the holdback system itself.
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AI & Enterprise
Nvidia in talks to invest in Perplexity at $30 billion valuation
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Industry
BMW iX3 and Volvo EX60 aim for up to 805 km per charge in long-distance driving tests
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Games & Commerce
Shift Up to release 'Stellar Blade' Switch 2 version within 2026
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Finance
KOSPI falls below 6,700 on foreign selling; Kosdaq rises 1.4 percent
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AI & Enterprise
OpenAI launches ChatGPT for Teens; test raises questions on age-based safeguards
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Industry
Naver, Kakao face new test of labor relations over head office responsibility
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Finance
Retirement pension in-kind transfers reach 15.9 trillion won, 5.2 trillion won shifts from banks to securities firms
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AI & Enterprise
South Korea, China resume ICT strategic dialogue after 8 years, discuss digital, spectrum cooperation
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Games & Commerce
NC to hold global test for new shooter Time Takers
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Games & Commerce
Kakao Games launches brain training game Oneuldoo Hodoo
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Games & Commerce
Nexon Games reveals 'Fareidolia' as official name for 'Project RX'
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Industry
China delays Chang'e 7 launch, opening chance for U.S. in moon south pole race
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AI & Enterprise
Anthropic's Claude tops UK AI chatbot satisfaction survey, beating Gemini and ChatGPT
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Industry
YMTC parent CCSH prepares for Shanghai IPO after CXMT debut
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AI & Enterprise
Samsung SDS wins Seoul National University next-generation network platform project