Crypto

Following the crowd costs you - Vitalik Buterin reveals secret of contrarian bets

Vitalik Buterin, co-founder of Ethereum, criticised structural flaws in prediction markets and described how he profited by betting against irrational crowd sentiment. He warned that prediction markets are turning into gambling-like products and urged a shift toward hedging strategies. Buterin said he made about a 16 percent return by placing roughly $440,000 in bets on Polymarket and earning $70,000. He also outlined a hedging-based finance model that could ultimately replace fiat money.

Finance

K-Capital Market Forum launches to identify global and digital competitiveness tasks

A new consultative body has been launched to draw up a 10-year growth strategy for South Korea\'s capital markets, focusing on identifying long-term tasks and building a policy roadmap. The Korea Financial Investment Association held the launch ceremony for the K-Capital Market Forum in Seoul on April 27. The forum will meet monthly from May, compile results into a policy report after a year of discussions, and submit it to the government and parliament in the first half of 2027.