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Crypto

Middle East war turns oil into unexpected winner, outpacing 8-year XRP returns

A surge in global oil prices driven by escalating Israel-Iran tensions has prompted analysis that recent crude investors may have outperformed long-term XRP holders. WTI rose about 57 percent in roughly 12 days, while XRP fell about 5.6 percent. The conflict has heightened concerns over energy market volatility and the Strait of Hormuz. The comparison is based on a specific timeframe, with longer-term data showing different trends.

Telecommunications & Media

LG Uplus wins CDP Carbon Management Honors Club award

LG Uplus said on March 10 it won the Carbon Management Honors Club award in the Carbon Disclosure Project assessment, the only telecom in South Korea to receive it. CDP collects and evaluates environmental management data from about 24,000 companies worldwide. The Honors Club award is given only to the top 5 companies in South Korea. LG Uplus said it won for a second straight year and again received the top Leadership A rating.

AI & Enterprise

Samsung SDS consortium selected as preferred bidder for National AI Computing Center

South Korea's Ministry of Science and ICT said on Monday it selected a Samsung SDS-led consortium as the preferred negotiating partner for a National AI Computing Center project. The consortium proposed the Solasido data center park in Haenam, South Jeolla province, as the site and set a goal of securing 15,000 advanced AI chips such as GPUs by 2028. The parties will refine SPC governance details and proceed toward an implementation agreement.