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Crypto

SpaceX IPO frenzy draws crypto industry as tokens, perpetual futures and betting products proliferate

Crypto companies are competing to attract retail investors ahead of SpaceX\'s initial public offering, rolling out products ranging from prediction markets to tokenised assets and perpetual futures. The offerings allow trading on SpaceX price moves without a traditional brokerage account, though most do not provide direct share ownership, dividends, voting rights or claims on assets. Platforms such as Polymarket, Myriad, Kraken-linked services, Coinbase International, Hyperliquid and Backpack have launched related products, reviving investor-protection and regulatory concerns.

Telecommunications & Media

AI smart glasses use expands but on-site control rules still lacking

AI-enabled smart glasses are entering the South Korean market in earnest, prompting calls to shore up on-site control rules. Authorities have detected repeated attempts to cheat on tests using smart glasses, raising concerns about gaps in exam supervision and school management. The devices resemble ordinary glasses while offering recording and AI search functions. Concerns also persist over illegal filming. The industry sees smart glasses as a growth opportunity, but wants clearer, risk-based standards by location.

Crypto

Jim Cramer calls bitcoin and gold \'bad money\' as funds shift to tech stocks

U.S. investment commentator Jim Cramer has labelled both bitcoin and gold as \"bad money\" and said market funds are moving into high-growth technology shares such as Nvidia and Apple. Blockchain outlet U.Today reported that Cramer sees bitcoin and gold being liquidated while artificial intelligence-related stocks absorb the money. His remarks follow stronger criticism of Strategy and its bitcoin sales. Market participants also point to AI-driven capital concentration as weighing on bitcoin.