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Crypto

Coinone joins Waterbomb Sokcho 2026 as main sponsor

Coinone said on Thursday it will participate as the main title sponsor of the summer festival Waterbomb Sokcho 2026. The event, in its fourth year, is a mixed-format summer festival combining water, music and recreation. It is scheduled to be held on Aug. 22 at Hanwha Resort Seorak Sorano in Sokcho, Gangwon Province. A Coinone official said the sponsorship aims to raise awareness among people in their 20s and 30s and lower psychological barriers to digital-asset investing.

Politics

Song Gi-heon elected chair of science, ICT and broadcasting committee for second half

South Korea\'s National Assembly elected three-term Democratic Party lawmaker Song Gi-heon as chair of the Science, ICT, Broadcasting and Communications Committee for the second half of the 22nd parliament. Song said he would work hard to deliver results on science and technology and on broadcasting issues. The assembly voted on 11 standing committee chair appointments as 167 lawmakers from the governing bloc participated, while the People Power Party walked out in protest.

Industry

South Korea launches megaprojects spanning Samsung, SK fabs, AI robots and data centres

South Korea will foster semiconductors, physical AI and AI data centres as national growth engines based on large private-sector investment by companies including Samsung Electronics and SK. President Lee Jae-myung chaired a public briefing on three megaprojects and said he would directly oversee execution. Plans include accelerating chip plant construction, building regional production hubs, developing humanoid robots and foundation models, expanding AI data-centre capacity, and launching a manufacturing AI strategy with joint public-private investment.