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Crypto
Coldcard hack drives $382 million inflows to spot bitcoin ETFs over two days
Spot bitcoin exchange-traded funds recorded net inflows of $382 million over two days, as the Coldcard hardware wallet hacking incident again highlighted digital asset custody risks. Data showed net inflows of $170 million on Aug. 4 and $211.5 million on Aug. 5. BlackRock’s iShares Bitcoin Trust led the gains, while Fidelity’s Wise Origin Bitcoin Fund also attracted money. Debate over self-custody versus institutional custody resurfaced.
Crypto
WSJ says CLARITY bill could become new risk to financial system, urges last-minute changes
Concerns have emerged that the U.S. Senate’s proposed CLARITY bill, while improving regulatory clarity, could create new risks for the financial system. The Wall Street Journal editorial board said the bill could reduce uncertainty by more clearly dividing oversight between the SEC and CFTC. It urged changes to provisions affecting stablecoin rewards and exemptions from AML and KYC obligations for parts of decentralized networks. Industry figures rejected the criticism.
AI & Enterprise
AI safety differs from security; Korean-style technology can be competitive
AI safety should be approached through a separate evaluation framework, not as an extension of cyber security, Selectstar's AI safety team lead Kim Min-woo said. He cited risks such as hallucinations, hate, bias and harmfulness in generative AI. He said AI red-teaming tests models for unintended or harmful outputs, and that benchmarks must reflect local culture and goals. He also said AI agents using databases, RAG and plugins add complexity.
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AI & Enterprise
Nota lightens Moonshot AI's Kimi K3, cutting GPU needs by up to half
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Telecommunications & Media
KT to run 'Chodaedream' in September for long-term customers
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AI & Enterprise
Google overhauls AI leadership as Demis Hassabis and Jeff Dean step aside
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Industry
Ceragem overhauls IoT app, shifts to AI-based personalised health management
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Telecommunications & Media
KT expands AI-based real-time spam blocking to all customers
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Finance
K Bank expands lifestyle and finance services, offers telecom fee cashback
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AI & Enterprise
LG Uplus Alphakey becomes first IDaaS in Korea to win CSAP certification
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Industry
Gim SeokjinLAB unveils infant DHA product at Kobe Baby Fair
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Crypto
Kiwoom Securities, Travel Wallet join forces on digital assets, embedded finance
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Games & Commerce
Cafe24 integrates YouTube Creator Partnerships API
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People & Appointments
Hana Bank holds children's financial musical 'Jack's Magic Wallet'
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Telecommunications & Media
TTA expands mobile technology cooperation with Vietnam's Viettel to support exports by Korean firms
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Games & Commerce
Naver Happybean to boost Gangneung alley shops with funding and market link
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Games & Commerce
Kakao Q2 operating profit up 36 percent as profitability improves on platform growth
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Crypto
Bitcoin holds near $64,000 as Bitwise, Coinbase chiefs say fundamentals, not price, driving crypto