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AI & Enterprise

CQUBISTA begins preparations for KOSDAQ listing, signs lead manager deal with Daishin Securities

Cybersecurity company CQUBISTA said on Thursday it has signed a lead manager contract with Daishin Securities for a listing on the KOSDAQ market and has begun preparations. The company develops and supplies network detection and response solutions, including its PacketCYBER product combining real-time packet analysis and AI-based threat detection. It also provides IoTCYBER and is accelerating development of encrypted traffic analysis product PacketCYBER EVA and a cloud-supported version.

Crypto

Most new coins since 2024 fail to hold even TGE price, data show

More than 90 percent of crypto projects launched since 2024 with market capitalisations above $100 million have failed to regain their listing prices, data showed. CryptoRank found only 8 of 113 tokens released from 2024 to 2026 traded above their token generation event (TGE) prices, while the median return was -95.7 percent. Hyperliquid was a notable outlier. Separate research from Memento Research and Delphi Digital reported similar post-listing declines.

Industry

Qualcomm targets mixed reality market with AI-powered XR platform

Qualcomm has introduced a platform aimed at dedicated chipsets for mixed reality devices. Qualcomm Technologies said it unveiled the Snapdragon Reality Elite platform, featuring up to 48 TOPS of on-device AI performance to run large language models and large vision models on the device. It offers higher GPU, CPU and NPU performance than the Snapdragon XR2+ Gen 2 and supports up to 4.4K resolution per eye at 90 frames per second.