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Crypto
Ripple CEO appears at White House crypto summit as Trump steps up pro-coin push
Ripple CEO Brad Garlinghouse attended a White House cryptocurrency summit, but XRP did not show an immediate breakout move, U.Today reported. Garlinghouse appeared alongside administration officials, top financial regulators and industry representatives, without delivering a separate speech. The event focused on keeping the crypto industry in the United States and reducing regulatory uncertainty. Officials discussed proposed SEC rules, while industry leaders stressed legislation and asset tokenisation, including a Sept. 15 Senate procedural vote on the Clarity bill.
Crypto
Bitcoin nears $70,000 as large-scale short liquidations flare up
Bitcoin has risen more than 9 percent over the past week and is nearing a return to the $70,000 level. It climbed as high as $69,749 intraday before trading around $69,100. Large-scale short liquidations boosted the move, with CoinGlass reporting $1.14 billion in shorts liquidated in an hour. Investors are also citing reduced expectations for rate hikes this year and a reversal in outflows from spot bitcoin ETFs.
Telecommunications & Media
SKT to start steps to end 3G service after 23 years, halts new sign-ups
SK Telecom will begin preliminary steps to end its 3G service, halting new sign-ups and supporting existing users to switch to LTE or 5G. From Aug. 20 it will stop new subscriptions, number transfers and device changes for 3G handsets and LTE devices that do not support HD Voice. It plans to seek government approval and proceed gradually. Support options include free device swaps, bill discounts, purchase subsidies and termination support.
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Crypto
Standard Chartered sees bitcoin at $100,000 by year-end, eyes U.S. long-term Treasury buybacks
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Crypto
Bitcoin jumps to $69,000 range as Trump says crypto headwinds are over
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Telecommunications & Media
SKT steps up scale-up of proprietary AI to multimodal and agents
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Industry
Semiconductor power-grid enforcement decree criticised for missing state support criteria
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Crypto
White House engages industry as Clarity Act wavers and crypto market splits
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AI & Enterprise
Companies outline strategies for South Korea's AI for Everyone project
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Finance
Jeonbuk financial hub bid enters evaluation phase as financial groups build bases
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AI & Enterprise
Misconceptions and realities of a wave of AI hacking: "Not a mistake but something bound to happen"
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Crypto
Bitcoin climbs above $68,000 as SEC rule proposal, White House summit boost sentiment
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Crypto
Scaramucci says bitcoin could return to $100,000 by end-2027
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Crypto
Bitcoin enters 'indifference phase' as trading and on-chain activity slump
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Crypto
Crypto deleveraging continues; Galaxy Research says not a 2022-style collapse
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AI & Enterprise
Don’t just look at AI token prices: what costs companies really need to weigh
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Finance
NH Nonghyup Bank to resume variable-rate mortgages in first sign of eased household loan curbs
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AI & Enterprise
Anthropic opens Claude Cowork mobile access to all paid plans