Finance

Kosdaq triggers buy sidecar for third straight session after over 5 percent surge

South Korea's Kosdaq triggered a buy sidecar for a third consecutive session after surging more than 5 percent in intraday trading. The Korea Exchange said a temporary suspension of program buy orders was activated at 10:47:51 a.m. on Tuesday. Kosdaq was up 38.99 points, or 5.29 percent, at 776.34 at the time. KOSPI rose 11.94 points, or 0.19 percent, to 6,269.39.

Crypto

BitMine boosts Ethereum holdings to 5.8 million and expands share buyback

BitMine Immersion Technologies bought an additional 10,399 ether last week, lifting its total holdings to 5,797,813, according to Decrypt. The purchase was worth about $19.5 million and leaves BitMine holding about 4.8 percent of circulating supply. The company put the value of its ether holdings at about $10.9 billion and total assets at $11.3 billion. It also repurchased 4.5 million shares under a $4 billion program and said about 85 percent of its ether is staked via Mavon.