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Crypto
Ethereum whale cuts losses and shifts to gold
An unidentified cryptocurrency whale that put a large sum into Ethereum and suffered losses of tens of millions of dollars has recently moved assets into gold, drawing market attention. On-chain data shows the address bought 31,005 ETH for about $110 million, then sold most for $92.19 million, locking in an $18 million loss. The wallet later bought Tether Gold (XAUT) and now holds mostly USDT, USDC and XAUT.
Finance
Shinhan Bank CEO Jung Sang-hyuk says trust is the basics of finance, will strengthen customer data protection
Shinhan Bank on Jan. 5 held a first-half 2026 management strategy meeting at its headquarters auditorium in central Seoul with executives and employees attending. Under its 2026 strategic goals, it reviewed last year’s key achievements and shared strategies and detailed plans to respond to changes in the business environment. CEO Jung Sang-hyuk outlined five strategic directions, including productive finance, customer-centric solutions, effective AX and DX, stronger innovation momentum and sustainable trust, and stressed stronger protection of customer information.
Finance
Financial leaders say domestic and external uncertainty persists, finance role more important than ever
South Korean financial industry leaders met in Seoul on Jan. 5 for a New Year gathering and pledged to press ahead despite ongoing domestic and external uncertainty. Deputy Prime Minister Koo Yun-cheol stressed finance’s role and outlined plans to start supplying an annual 30 trillion won National Growth Fund and expand tax incentives for venture and innovation capital. Financial regulators urged productive, inclusive and trusted finance, stronger consumer protection and careful monetary policy management.
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Crypto
PwC steps up push to target crypto-related firms
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Crypto
Bitcoin at crossroads, equal odds of crash or surge as Galaxy Digital sees $250,000 by 2027
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Industry
Lotte Chemical Group chief Lee Youngjun says 2026 will be major turning point for future growth
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AI & Enterprise
Big firms heat up M&A in global security market at start of year
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AI & Enterprise
Cisco considers $2 billion acquisition of security asset management startup Axonius - report
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Industry
Pearl Abyss donates 100 million won to MSF with Black Desert users
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Games & Commerce
Kakao to build creator development model through KakaoTalk short-form
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Crypto
Ark Point unveils Ark Rail blockchain network focused on stablecoin payments and settlement
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AI & Enterprise
Min Ki-sik says SK Shieldus aims to become industry benchmark amid change
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Crypto
Satoshi revolution and bitcoin's 17th anniversary: Will BTC settle as digital gold?
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Telecommunications & Media
Apple sets stage for new MacBooks and iOS update from January
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AI & Enterprise
ITCEN Group to shift to AI solutions and services in 2026
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Industry
KAIST develops chip to predict drug side effects
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Industry
LG Display launches OLED TV panel with 0.3 percent reflectance
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AI & Enterprise
Naver Cloud, Busan to roll out generative AI administrative services citywide