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Crypto
U.S. Labor Department mulls 401(k) rule changes as XRP sees surprise net inflows
Investment products linked to XRP recorded $15.8 million in net inflows last week, while major cryptocurrency products including bitcoin and ether saw total net outflows of $414 million, CoinShares data showed. Outflows were concentrated in the United States and led by ether funds. CoinShares cited investor concerns over a possible escalation in Iran-U.S. tensions and renewed inflation worries. The moves coincided with U.S. discussions on expanding 401(k) plans into alternative assets.
Games & Commerce
Pearl Abyss' Crimson Desert tops 4 million sales globally in 12 days
Pearl Abyss said on Tuesday its open-world action adventure game "Crimson Desert" has sold 4 million copies across global platforms. The company said on its official social media account it was grateful to everyone who joined the journey. The game sold 2 million copies on its first day and reached 3 million in four days before topping 4 million in 12 days. It maintains a "Very Positive" rating on Steam.
Games & Commerce
HYBE appoints Isaac Lee and Kevin Mayer to board to speed global management
HYBE said on Tuesday it appointed Isaac Lee, chairman and CEO of HYBE America, as an inside director and Kevin Mayer, former senior executive vice president at The Walt Disney Co, as a non-executive director through its regular shareholders meeting. HYBE said Lee will oversee U.S. and Latin American business and strengthen execution by unifying decision-making. It said Mayer brings platform and content investment experience, including leading the launch of Disney Plus.
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People & Appointments
KakaoGames renews Save the Children support, expands Friends Game campaign
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Crypto
Gen Z retirement simulator highlights STRC option instead of pension
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Games & Commerce
Google allows Gmail address changes, but only once a year
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Telecommunications & Media
Kakao Mobility operating profit rises for third straight year as profitability improves
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Finance
Woori Bank launches 18.4 trillion won emergency financial support program amid Middle East uncertainty
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Finance
Financial authorities lower household loan growth target to 1.5 percent
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Mobility
Rivian spinoff Also to develop autonomous delivery vehicle with DoorDash
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Crypto
Shiba Inu faces short-term trendline resistance three times in 15 days; break could spark 50 percent rally
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Crypto
CoinShares crypto asset manager to list on Nasdaq via SPAC merger
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Crypto
XRP posts biggest drop among top 10 coins as Binance withdrawal transactions surge
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Telecommunications & Media
Apple extends emergency location sharing to 30 minutes in South Korea
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Finance
NH Cooperative Federation chairman to be elected by direct vote from 2028
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AI & Enterprise
Bitdeer to develop Norway's largest AI data centre to support Nvidia's Vera Rubin
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Crypto
Stablecoin circulation velocity doubles in two years - Standard Chartered report
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AI & Enterprise
OpenAI to end Sora video-generating app in March 2026 as daily losses reach 1.5 billion won