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Fintech
KB Kookmin Bank launches \'KB Card Sseudam Savings\' offering up to 12.0 percent
KB Kookmin Bank introduced a savings product that offers an interest rate of up to 12.0 percent a year for customers who meet conditions tied to KB Kookmin Card usage and bank transactions. The \'KB Card Sseudam Savings\' is a six-month product with monthly deposits from 10,000 won to 300,000 won. It will sell 100,000 accounts on a first-come, first-served basis. The base rate is 2.0 percent before tax as of Aug. 21.
Industry
Unitree CEO says humanoid robots\' inflection point not far off, within 10 years at latest
The humanoid robot industry could face a “ChatGPT moment” in 2 to 3 years under ideal conditions, or in 5 to 10 years if progress is slow, Unitree CEO Wang Xingxing (Wang Xingxing) said at the World Robot Conference in Beijing. He set a goal of robots completing about 80 percent of tasks in new homes or workplaces using voice and text commands. He also pointed to technical limits and bottlenecks, while views on timing vary across the industry.
Crypto
XRP rally tops top 100 cryptocurrencies by gains
XRP surged as much as about 24 percent on Aug. 20, the biggest gain among the top 100 cryptocurrencies by market value. It climbed to about $1.26 and was up about 31 percent over seven days. XRP’s rise outpaced other major altcoins. With a market value of about $79.15 billion, it ranked fifth among cryptocurrencies, with about $6.34 billion in 24-hour trading volume.
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Crypto
Macro economist Lyn Alden says limited factors to push bitcoin lower, expects buying interest
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Mobility
Tesla formalises Europe launch for Semi electric truck, to unveil specs and release plan at IAA in September
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Games & Commerce
Kakao to split Kakaotalk and AI unit in bid to redesign growth structure
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Games & Commerce
Musinsa expands into Vietnam with exclusive distribution deal with IPPG affiliate ACFC
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Finance
Coocon Q2 operating profit up 6.3 percent to 4.96 billion won
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Crypto
Bitcoin gains momentum after U.S. Treasury expands long-dated bond buybacks
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AI & Enterprise
AI agent era needs \'AI compliance officer\'; trust will determine AI adoption
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Industry
Wafer supply bottleneck drives longer-term contracts
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Crypto
Bitwise CIO points to three big misconceptions about cryptocurrencies
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AI & Enterprise
How ChatGPT Work and Codex are changing white-collar work
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Crypto
Uber early investor says no need for Strategy to invest in bitcoin
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Crypto
U.S. OCC says 60% of new bank charter applications include crypto-related business plans
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Crypto
XRPL stablecoin supply jumps 195.4 percent in Q2, RLUSD share 82.0 percent
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Finance
Financial regulators block 66.36 billion won in voice phishing losses, step up crackdown on mule accounts
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Crypto
XRP exchange reserves fall 2.2 percent; Upbit still largest holder with 6.4 billion