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Finance
Won-dollar rate closes above 1,500 for first time since financial crisis
The won fell to close above 1,500 per dollar for the first time since the global financial crisis, ending at 1,501.0 in Seoul’s onshore market. The close was the highest since March 10, 2009. The move was driven by rising military tensions in the Middle East that pushed oil prices higher and stoked inflation worries, alongside U.S. monetary policy signals that supported the dollar.
AI & Enterprise
Edra, startup founded by former Palantir staff, raises $30 million
AI-based workflow automation startup Edra, founded by former Palantir employees, has raised $30 million in a Series A round, TechCrunch reported on Tuesday. Sequoia Capital led the investment. Edra has developed technology that uses companies’ operational data to automatically build and continuously update a knowledge base. Co-founders Eugene Alpeza and Yanis Karamanlakis met at university 13 years ago and later founded the company after leading AI projects at Palantir.
AI & Enterprise
PIPC launches 2026 Personal Information Future Forum advisory body
South Korea’s Personal Information Protection Commission on March 19 held a launch ceremony and first plenary meeting of its 2026 Personal Information Future Forum at Yangjae L Tower in Seoul. The policy advisory body has 40 members from academia, industry and civic groups, co-chaired by PIPC Chairperson Song Kyung-hee and Seoul National University professor Lee Won-woo. The first meeting discussed a shift to a preventive personal data management system.
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AI & Enterprise
MSIT breaks ground on National Ulsan carbon neutrality specialised science museum
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AI & Enterprise
National AI Strategy Committee discusses open AI ecosystem cooperation with AMD CEO Lisa Su
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People
Korea IPTV Broadcasting Association appoints Yoo Yong-hwa as new chairman
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Games & Commerce
Xbox One security compromised as 'unhackable' myth collapses
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Finance
NH NongHyup Bank to start early Friday leave from March 27
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People
Ku Hyuk-chae visits bio research site, checks AI science ecosystem
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Finance
Naver Pay signs deal with Jeonbuk Bank to support digital shift for local small merchants
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People & Posts
Korea Exchange delivers donations for children in single-parent and grandparent-headed families in Busan
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Crypto
SEC-CFTC guidelines raise questions over need for CLARITY Act
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Crypto
Bitcoin falls first in crises for structural reasons
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AI & Enterprise
One prompt flips the script as ChatGPT spots its own logical gaps
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Crypto
"Can you send me some XRP?" Ripple CTO releases email with first mention of XRP
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AI & Enterprise
MegazoneCloud to hold ICON 2026 security conference with global partners on April 2
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Games & Commerce
Nexth, PlaywithKorea launch Seal M on Cross globally
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Games & Commerce
Nexon unveils 'The Kingdom of the Winds' 30th anniversary illustration, teases major April update