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Korea Nano Technology Institute names Byun Dae-seok as new president

The Korea Nano Technology Institute said on Sunday it appointed Byun Dae-seok (변대석), a former professor at Samsung Electronics' Samsung Institute of Technology, as its eighth president. His three-year term runs until June 8, 2029. Byun, born in 1968, studied electrical engineering at Seoul National University and spent 26 years at Samsung Electronics. The institute was designated in May as a public nano-fab center under the Nano Technology Development Promotion Act.

Crypto

NYDIG says bitcoin weakness not driven by single factor, cites five variables including AI and IPOs

Recent weakness in bitcoin and the broader crypto market reflects overlapping pressures rather than a single negative factor, an analysis said. NYDIG Global Head of Research Greg Cipolaro outlined five headwinds in a weekly report dated June 5, CoinPost reported. He cited competition for capital from AI, prospects for large IPOs, remarks on U.S. seizure of Iran-related crypto assets, a shift in Strategy’s role, and renewed quantum-computing risk.

People

Six named as June Korea Engineer Award winners including Han Sang-ho and Bang Jae-ung

South Korea's Ministry of Science and ICT and the Korea Industrial Technology Association selected 6 people as June 2026 winners of the Korea Engineer Award. The recipients span large companies, small and midsized firms, women and a young engineer category. The award recognises engineers who contributed significantly to technology sites and grants a deputy prime minister’s award and 5 million won in prize money. The ministry plans to expand award categories from the second half of this year.