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Crypto
Swiss central bank bitcoin reserve push fails after referendum signature drive falls short
A citizen campaign to require the Swiss National Bank to hold bitcoin as part of its reserves has been halted after failing to gather enough signatures for a national referendum. The initiative sought a constitutional change to mandate that some monetary reserves be held in gold and bitcoin, without specifying the bitcoin share. Supporters promoted bitcoin as a neutral reserve asset and hedge against dollar and euro exposure, but the SNB has opposed the idea, citing liquidity and volatility concerns.
Crypto
Ripple CEO dismisses claims it is moving away from XRP, says expansion part of strategy
Ripple Chief Executive Brad Garlinghouse (브래드 갈링하우스) rejected claims that the company is moving away from XRP, calling the doubts “ridiculous and strange.” Speaking at an XRPL event in Las Vegas, he said Ripple remains the largest holder of XRP and wants it to succeed. Ripple said it is focused on boosting XRP utility, liquidity and trust. Garlinghouse also said stablecoin and treasury initiatives may not appear directly tied to XRP but support the ecosystem over time.
AI & Enterprise
Bespin Global wins AWS partner awards startup category
Bespin Global, an AI services and solutions company, said on May 11 it won the startup category at Amazon Web Services Korea’s 2026 first-half Korea Partner Prospecting League (KPPL). The company said KPPL is an awards programme run twice a year for domestic AWS partners and is used as a key indicator for assessing partners’ business performance. It said its AI capabilities to support startups’ growth acceleration were highly rated.
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AI & Enterprise
Eugene Investment Securities keeps Hecto Innovation target at 28,000 won, sees growth continuing
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AI & Enterprise
MegazoneCloud teams up with EY Hanyoung on finance AI business
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Crypto
Arthur Hayes says 99 percent of altcoins will disappear, a natural process
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Telecommunications & Media
Broadcast Media Communications Commission, KISA hold location information startup competition
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Crypto
Coinbase, Kraken, Gemini seek looser token listing rules in U.S. Clarity Act
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Crypto
Bitcoin could slip to $70,000 ahead of U.S. CPI release
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Industry
Water-based battery that can handle 120,000 charge cycles raises prospects of replacing lithium-ion
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Crypto
Ethereum down more than 35 percent against bitcoin over one year as bearish signals mount
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AI & Enterprise
KT to supply renewable power to Tokyo Electron Korea under PPA
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AI & Enterprise
Synapsoft joins Kolon Benit's AI alliance
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Telecommunications & Media
TVING runs first overseas campaign at KCON Japan 2026
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AI & Enterprise
ITCEN Group holds 'Private Cinema Day' to support communication among female employees
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AI & Enterprise
LG CNS steps up KEPCO next-generation ISP project
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Crypto
XRP's 126 percent surge pattern may return, analysts divided
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Mobility
California fines GM $12.75 million over driver data sales allegations