All articles List
General News
Iran hints at circumventing payments in yuan and bitcoin, signs of cracks in petrodollar system
The petrodollar system is being shaken by the fallout from the U.S.-Iran war, with signs of cracks in the dollar-based structure for global oil trade. War risk in the Gulf has raised concern about dollar shortages, and UAE officials have discussed possible financial backstops with the United States. Iran is reported to have imposed yuan-denominated passage fees in the Strait of Hormuz and has also signalled possible use of bitcoin-based fees.
Crypto
BTCC lists SpaceX-linked perpetual futures with up to 50 times leverage
Crypto exchange BTCC has launched a perpetual futures product linked to SpaceX pricing, listing the SPACEXUSDT contract in its tokenised stocks section with up to 50 times leverage. The move targets retail demand for exposure to major private companies. BTCC said early trading demand for traditional-market themed products has been strong and stressed SPACEXUSDT has sufficient liquidity. It is also running promotions, while warning that leverage can amplify both gains and losses.
Telecommunications & Media
Apple appoints Johny Srouji as head of hardware as Tim Cook successor lineup continues
Apple has appointed Johny Srouji as its top hardware executive, replacing John Ternus, in a move that takes effect immediately, The Verge reported. The reshuffle comes as Apple prepares for a leadership transition in September, when Ternus is set to become CEO and Tim Cook is to move to chairman. Cook praised Srouji’s role in Apple’s silicon strategy. Apple did not detail further organisational changes.
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Crypto
Spot demand and long-term holders support bitcoin as it eyes $90,000
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AI & Enterprise
XGate wins KCMVP certification for PQC-based crypto module
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Finance
KB Financial to launch voluntary information security disclosure
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Games & Commerce
Cafe24 links with The Hyundai Hi to expand D2C brands' department store customer reach
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Finance
KOSPI breaks above 52-week high in intraday trade, hits record high
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AI & Enterprise
InnoAX completes stock name change listing, gains momentum for AX-focused business reorganisation
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AI & Enterprise
Hudson AI joins NAB Show, unveils automated localization QC
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AI & Enterprise
KT joins World IT Show with 'Ieum' theme, showcasing AI and 6G future
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Industry
Dinotisia raises 90 billion won in Series A to step up AI storage business
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Industry
Shinsung E&G launches 645W high-output module, listed as ReSCO operator
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AI & Enterprise
KT Cloud wins CSAP certification for AI Foundry public products
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AI & Enterprise
Worksphear foreign job service KLiK launches AI Korean proficiency assessment
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Telecommunications & Media
LG Uplus to run first solo booth at World IT Show, share voice AI vision
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AI & Enterprise
SKT to share full-stack AI vision at World IT Show
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AI & Enterprise
TmaxSoft to launch new AI brand Continuum AI to target enterprise AI market