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Finance
Inclusive finance pressure mounts, raising tensions in South Korean banks
Pressure from the government to expand inclusive finance is spreading across the financial sector, deepening banks’ 고민. Financial firms agreed to sell bonds held by a private bad bank after President Lee Jae-myung criticised long-term debt collection. Regulators plan to expand policy lending for lower-credit borrowers and launch an inclusive finance task force. Banks warn expanded lending could raise delinquency risks, increase provisions and add to losses tied to policy finance programmes.
Crypto
21Shares Hyperliquid spot ETF THYP debuts with $1.2 million net inflows on first day
21Shares launched its first exchange-traded fund based on Hyperliquid, with the product starting to trade on Nasdaq under the ticker THYP. On its first trading day, the ETF recorded $1.8 million in turnover and about $1.2 million in net inflows, Cryptopolitan reported. The fund offers exposure to HYPE without direct token ownership, and 21Shares also introduced a 2x daily leveraged ETF, TXXH.
AI & Enterprise
SanDisk open-sources SP Random algorithm to cut SSD preconditioning time
SanDisk has released its SanDisk Pseudo Random, or SP Random, algorithm as open source to cut enterprise SSD preconditioning time and improve data centre operations. The company distributed SP Random as an extension to the storage testing tool FIO, allowing broad industry use. It said preconditioning that previously took about 160 hours for a 128TB drive can be completed in 6.5 hours, and it can reduce preparation time by up to 97 percent.
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AI & Enterprise
Japan's three megabanks expected to secure access to Anthropic's Mythos within two weeks
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AI & Enterprise
Palo Alto Networks launches Idira unified identity security platform
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Telecommunications & Media
Self-regulation on false, manipulated information gains pace ahead of revised information and communications network act
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Finance
FSC tightens delisting rules, revises market cap, penny stock and disclosure violation criteria
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Finance
KOFIA discusses European expansion with Luxembourg ambassador
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People
Korea Exchange appoints Han Gu as executive director
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AI & Enterprise
SAP invests in workflow automation tool n8n, to integrate into AI agent builder
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AI & Enterprise
Mythos finds only one low-risk vulnerability in curl, raising questions over Anthropic marketing
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Telecommunications & Media
IPTV industry urges easing of fee and terms rules; US Communications Commission says it agrees with direction but needs to pace changes
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Finance
Google Pay adds installment payments to AI shopping with Affirm, Klarna integration
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Games & Commerce
Meta tests Grok-like AI replies on Threads posts
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AI & Enterprise
Google to hire hundreds of forward deployed engineers to support enterprise AI rollouts
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Games & Commerce
Com2uS Holdings posts 9.9 billion won Q1 operating loss, seeks turnaround with new game launches
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Crypto
Koscom partners with Woori Investment Securities on tokenised securities platform
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Telecommunications & Media
AI era will not end people’s roles, government launches future strategy council