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Crypto

DB Financial Investment joins Ethereum Korea One as title sponsor

DB Financial Investment will take part as title sponsor of the Ethereum conference \"Ethereum Korea One: Genesis\" to be held in Seoul in September. The event will discuss the status of token securities business initiatives by domestic and overseas financial institutions ahead of the institutionalisation of token securities in South Korea, and ways to use Ethereum-based on-chain infrastructure. The Ethereum Korea Consortium said the conference will run on Sept. 28 to 29.

AI & Enterprise

MSIT to revamp ABLE blockchain forum to address AI and digital assets

South Korea\'s Ministry of Science and ICT plans to expand and reorganise its blockchain demand-supply forum, ABLE, into a business growth support platform to respond to new markets such as AI and digital assets. The ministry held a regular ABLE seminar in Seoul on Aug. 13 with KISA, featuring presentations on global digital asset ecosystems, financial sector demand and overseas projects. It also hosted one-on-one business matching and plans an IR Demo Day on Aug. 14.

Crypto

DSRV signs 30 billion won digital asset insurance deal with Samsung Fire

Blockchain infrastructure technology firm DSRV has signed a digital asset insurance contract with Samsung Fire & Marine Insurance worth up to $20 million, or about 30 billion won. DSRV said the policy is intended to compensate for losses involving customer custody assets it stores and manages as a virtual asset service provider. The insurance covers damage or loss of digital asset storage media from disasters or theft that leads to the loss of private keys.