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Crypto

Self-proclaimed world\'s highest IQ Kim Young-hoon says bitcoin, XRP to go wild in June; past forecast failures resurface

Entrepreneur Kim Young-hoon (김영훈), who claims to have an IQ of 276, said bitcoin and XRP would move sharply from June and that the crypto market would become “insane.” The comments revived scrutiny of his credibility, including past price forecasts that did not materialise and disputes over IQ verification. Markets are also not matching his bullish tone, with bitcoin and XRP trading weaker in the short term.

Games & Commerce

Naver to link search and purchases with \'action AI\', profit ramp-up in H2

Naver is making a shift to connect search to transactions a core task this year, focusing on building an uninterrupted flow from search to purchases and reservations around what it calls “action AI”. The company posted first-quarter revenue of 3.24 trillion won and operating profit of 541.8 billion won. It plans to test generative AI ads tied to shopping and local services from the second quarter and begin full monetisation in the third quarter.

Finance

Hana Bank partners with Next Securities to strengthen foreign investment infrastructure

Hana Bank said it signed an agreement with Next Securities at its headquarters in Seoul to improve the domestic stock investment environment for overseas investors. The agreement covers FX transactions and custody services for foreign securities investment. The two firms will cooperate on real-time exchange-rate information sharing and trading via an FX API, custody for settlement at domestic exchanges, and applying real-time rates to overseas investors around the clock.