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Telecommunications & Media
KT partners with Seoul Credit Guarantee Foundation to support growth of young small merchants
KT said on Wednesday it signed a memorandum of understanding with the Seoul Credit Guarantee Foundation to support the growth of young small merchants. The agreement links KT’s youth small business programme, Y-iro-un Store, with the Seoul city government and the foundation’s youth restaurant start-up support programme, Prep Academy. The two sides will cooperate on branding, marketing, content production and digital skills to strengthen the competitiveness of young entrepreneurs’ stores.
Finance
KakaoPay joins NH NongHyup Bank alternative credit scoring model development
KakaoPay will join a NH NongHyup Bank-led consortium to develop an alternative credit scoring model using MyData and payment and remittance information. The companies signed a multilateral memorandum of understanding on July 15 at NH NongHyup Bank's new building in Seoul, KakaoPay said on Wednesday. Participants will combine non-financial data, credit scoring modelling capabilities and AI technology to build a joint model for use in financial products.
Crypto
Bitcoin social media interest cools as old whales sell and new whales buy
Bitcoin is moving sideways around $64,000 as large holders take opposing positions. Wallets holding 100 to 1,000 BTC sold about 67,000 BTC in a day, about $4.3 billion, while other on-chain data show new whale wallets accumulating. Crypto talk on major platforms fell to the second-lowest daily level since October 2024. U.S. spot bitcoin ETF flows turned negative, and Glassnode said key cost-basis levels remain above market prices.
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Industry
Hanwha Solutions sells U.S. venture investment fund for $84.3 million to boost liquidity
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Crypto
BlackRock CEO says concerns over bitcoin leverage have eased, market now stable
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Crypto
Bitcoin recovers $64,000 level, but trend reversal 'not yet'
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Games & Commerce
Naver to tighten remote work rules next year, introduces prior consultation for Type R
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Crypto
Bitcoin 'BIP-110' debate intensifies as developer-miner clash spreads
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Crypto
Sony Bank gets preliminary approval to issue dollar stablecoin; PlayStation payments not decided
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Finance
Toss Card Lounge visitors up 11-fold a year after launch
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Games & Commerce
Naver starts open beta for N Delivery FBN, expands to dawn and Sunday deliveries
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Crypto
KB Financial sets up 100 billion won 'KB AX Digital Asset Fund'
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Industry
HiParking to build integrated solar, charging and ESS infrastructure at parking lots
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Crypto
Hanwha Investment & Securities invests 30 billion won in U.S. blockchain firm Digital Asset
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People
Hana Financial Group supports samgyetang for 4,000 vulnerable elderly in Incheon
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Finance
KOSPI slumps more than 5 percent, breaks below 7,000; selling sidecar triggered
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Finance
K Bank runs cinema etiquette campaign with CGV
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Games & Commerce
Cafe24 says brands using Daily Delivery jump more than 22-fold in 1 year