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Finance

KOSPI triggers level 1 circuit breaker after sell sidecar, 13th time ever

South Korea\'s KOSPI fell more than 8 percent, triggering a level 1 circuit breaker on the Korea Exchange after a sell sidecar was activated earlier in the session. The measure halted trading in listed stocks on the main board, excluding bonds, for 20 minutes and suspended the acceptance of new orders except for cancellation orders. It was the seventh activation this year and the 13th since April 2000.

Crypto

RLUSD gains presence on XRPL as supply hits 52 percent and trading pair reaches $900 million

About 52 percent of Ripple’s stablecoin RLUSD supply has moved to the XRP Ledger, crossing the halfway mark for the first time. On-chain data released by Evernode show the share on XRPL has risen from 17 percent in April 2025. RLUSD held on Ethereum has fallen from about $1.24 billion in February 2025 to about $700 million, leaving Ethereum with 48 percent. Evernode said RLUSD growth on XRPL is also lifting trading activity.

Crypto

Cardano speeds up transition to Dijkstra, enters Van Rossum hard fork process

Cardano has submitted a governance proposal to start the Van Rossum hard fork on its mainnet, a step toward moving into the Dijkstra era. Van Rossum is a hard fork within the same era that introduces some new features and lays groundwork for Dijkstra, which ultimately brings Leios to the Cardano mainnet. The process follows testing on preview and preproduction networks and includes a Plutus cost model parameter update.