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Telecommunications & Media

LG Uplus boosts \'Uplus Two Plus\' Chuseok benefits, invites long-term customers to Hwadam Forest

LG Uplus is expanding shopping, outings and dining benefits under its \'Uplus Two Plus\' membership programme for Chuseok, it said on Sept. 7. The September package includes 53 partner offers and adds three new partners. Discounts and coupons will be available for grocery shopping and family leisure during the holiday period. The company will also invite 5,000 long-term customers to Hwadam Forest in Gwangju, Gyeonggi province, on Oct. 19.

Crypto

Not all L1s are the same: Ark Invest on the business structures of ETH, SOL and HYPE

Ethereum, Solana and Hyperliquid are all layer-1 blockchains, but their business structures and revenue models differ fundamentally, an analysis said. Ark Invest crypto research director Lorenzo Valente compared the three to fast-food chains, likening Ethereum to a franchise and holding-company model where value flows to L2s after EIP-4844. He described Solana as a fully integrated model keeping fees and MEV inside L1, and Hyperliquid as a concentrated team-led model using fees to buy HYPE tokens.

Finance

Hana Bank to support small merchants\' digital transition, up to 2 million won for 500 stores

Hana Bank will open a third round of applications for its Small Merchant Competitiveness Support Project to help small business owners digitise their stores. The bank will select 500 businesses and provide up to 2 million won per site to cover the purchase and installation of digital devices. Eligible items include AI CCTV and kiosk solutions. Applications are accepted online through New Hana OneQ and Hana Bank websites until Sept. 29.