Search results for Aug. 31
Crypto
Altcoins outperform bitcoin after U.S. rate hike, analysis shows
Altcoins posted larger gains than bitcoin after a U.S. rate hike, an analysis showed. Binance Research said market advances in both stocks and cryptocurrencies were concentrated in certain sectors as rising real yields drove U.S. Treasury moves. It said the median gain of 194 crypto assets was 21 percent, beating bitcoin and ether. In the past week, crypto prices weakened, while flows into stock-linked products favored semiconductors and other sectors.
Crypto
Ontology restarts mainnet after 43-hour halt
Blockchain project Ontology restarted block production on its mainnet after it was halted for about 43 hours. Ontology had stopped producing blocks after receiving a security warning involving a project in its ecosystem that could threaten network assets. Many consensus node operators agreed to suspend block production to support an investigation and reduce risk. Ontology said its core infrastructure was safe and it lost no funds on the network.
Finance
Investors eye interest-bearing products as Korean stock market languishes
South Korea\'s stock market remains sluggish while market interest rates stay high, drawing investor attention to interest-bearing products such as brokerage-issued notes, repurchase agreements, government bonds and money market funds. Experts say the environment allows investors to secure interest income, but stress that choosing products should start with when the money will be needed. Product features, early redemption terms, credit risks and tax benefits vary, requiring careful checks of conditions and liquidity.
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Finance
Toss Securities renews CEO Kim Gyu-bin for second term
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Games & Commerce
Nexth to make OneStore wholly owned subsidiary, linking distribution, payments and on-chain
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Crypto
XRP outpaces bitcoin in August rebound, posts over 30 percent monthly gain
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Crypto
Strategy resumes bitcoin buying after 3 weeks, adds 950 BTC to 846,000
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Crypto
Strive buys 1,355 more bitcoin, continues accumulation
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Crypto
Grayscale sets XRP target weight at 26 percent in Next Gen model portfolio without bitcoin
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Finance
Seoul climate commute card 30-day pass ends, financial firms\' race for transit users shifts
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Crypto
Crypto millionaires down 43.9 percent to 135,694 in just over a year
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AI & Enterprise
\"AI builds AI\" - U.S.-China self-improvement race reignites \"AI extinction\" theory
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Mobility
Kakao Mobility says Gangnam late-night autonomous driving data is competitive edge, to integrate E2E model this year
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Crypto
Strategy halts bitcoin buying again, redeems $176.3 million of STRC
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Crypto
Strive buys another 1,375 bitcoins, holdings rise to 24,531 BTC
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People
Lee Ho-seong, Hana Bank chief, joins illegal private lending prevention campaign, nominates Lee Hwan-ju
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Crypto
Grayscale, 21Shares urge U.S. SEC to speed ETF review, allow confidential draft filings
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Crypto
AIXC exits crypto treasury strategy, sells bitcoin and ether to pivot to robotics