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Industry

Special semiconductor act passes National Assembly, sets basis to support entire supply chain

A special act to systematically support South Korea’s entire semiconductor supply chain passed a plenary session of the National Assembly on Jan. 29. The legislation provides an institutional basis covering memory and system chips as well as design, manufacturing, packaging and materials, parts and equipment. It creates a presidential committee, a basic plan and a special account. It also promotes support for non-capital regions, cluster development, R&D facilities, talent programmes and regulatory exemptions. Implementation could begin as early as the third quarter.

Crypto

MegaETH mainnet to launch on Feb. 9, hit 35,000 TPS in tests

Ethereum layer-2 solution MegaETH will launch its mainnet on Feb. 9. Cointelegraph reported on Jan. 29 that MegaETH processed 35,000 transactions per second in a seven-day global stress test and recorded 1.07 billion transactions. During the test, it opened the mainnet to some users and checked performance as developers pushed the chain to its limits from the backend. MegaETH has support from Vitalik Buterin and Joe Lubin and has received investment from crypto venture capital firms including Dragonfly Capital and Figment Capital. It raised $500 million in a pre-deposit sale last November but later returned the funds due to technical and operational problems.

Games & Commerce

Elementa unveils new game 'V Project' in first look

Elementa on Jan. 29 unveiled its new mobile game 'V Project' for the first time. The company described it as an immersive 3D idol game and released a promotional video featuring high-end art visuals. It applies cartoon rendering plus technology to heighten the liveliness of subculture-style characters, alongside near-realistic background depiction and lighting. The video introduced three main characters and presented touch as a core concept linking users and idols.