Search results for Aug. 7
Crypto
U.S. seeks forfeiture of $61 million in crypto tied to alleged Iran oil payment laundering via Binance accounts
U.S. federal prosecutors are seeking civil forfeiture of about $61 million in cryptocurrency they say is linked to proceeds from Iran’s black-market sales of sanctioned crude oil and petroleum products. Prosecutors filed a civil complaint and alleged the funds could have been used by Iran’s government, military and the Islamic Revolutionary Guard Corps. The complaint names two China-linked firms and identifies an interconnected wallet network that allegedly moved more than $1.5 billion.
Telecommunications & Media
iPhone 18 launch nears; will mobile carrier subscriber battle heat up
South Korea\'s mobile number-porting market, lifted by Samsung Electronics\' Galaxy Z8 series, is in focus again as Apple prepares to unveil new products. Porting rose in August from July, and the iPhone 18 launch this month could intensify competition among SK Telecom, KT and LG Uplus. The scale of porting will depend on carrier incentives and distribution promotions, while Apple’s launch timing and supply strategy could also affect demand.
AI & Enterprise
Damunhwa IT runs AI-based youth career experience programme with Seongdong-gu Family Center
Damunhwa IT said on Sept. 7 it ran a youth career experience programme, \"Kkum-eul Kkumteul,\" with the Seongdong-gu Family Center to help participants explore careers using AI. The programme was part of the center’s 2026 career experience initiative held from July 28 to Aug. 7 over five days. Damunhwa IT led sessions on designing a future self with AI, creating career characters and visiting AI-related companies.
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Crypto
U.S. September rate hike odds at 55.5 percent; bitcoin holds $78,000 level
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Crypto
77 percent of Americans say crypto investing in workplace retirement plans is risky
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Industry
SK Hynix speeds up memory timeline as fab infrastructure moves ahead
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Games & Commerce
MMORPG new releases in three-way battle with focus on reducing fatigue
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Crypto
Japan FSA seeks record budget boost to step up crypto, AI oversight
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Crypto
X considers stablecoins for creator payments, possible use of USDC
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Finance
Financial groups\' M&A race heats up again as insurers are bought in succession
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Crypto
Trump speed push meets caution from U.S. senator over crypto Clarity Act
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AI & Enterprise
OpenAI next-generation model Astra seen likely to launch in September
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Crypto
Ripple-linked wallet moves 50 million XRP, some to Binance
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Industry
SpaceX shares reclaim $135 IPO price on Vietnam satellite launch deal
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Crypto
Toss to work with Kyobo Life on use of digital assets in financial services
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Crypto
Bitcoin slides 20 percent in 90 days even as stocks rise, widening divergence
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Games & Commerce
Com2uS Q2 operating profit 7.2 billion won, up 421 percent
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Finance
ISA revamp plan under review after reconsideration, compared with advanced financial countries