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Crypto

MegaETH hits first KPI by running 10 apps, to issue MEGA token

MegaETH has met its first key performance indicator, which required operating 10 ecosystem applications. The milestone triggered a countdown toward a MEGA token generation event targeted for next Thursday. The project previously tied its token release schedule to performance-based KPIs rather than a fixed timeline. Conditions include expanding its native stablecoin USDM circulation to $500 million and meeting app revenue targets, alongside usage and fee benchmarks for apps built on MegaETH.

Finance

Shinhan Financial sets consumer protection strategy and subsidiary management plan

Shinhan Financial Group said on Monday it has drawn up a group consumer protection management strategy and a plan to manage its subsidiaries, and has created consumer protection committees within the boards of major units. The move is aimed at making consumer protection a core board-led decision-making system. Subsidiary boards will review and vote on related management plans, while oversight will be strengthened, including checks on KPI suitability.

Finance

KB Kookmin Bank expands 10 trillion won interest rate preferential programme

KB Kookmin Bank is expanding its interest rate preferential programme to support small and medium-sized companies and small merchants. The bank said on March 29 it will operate the programme with a total scale of 10 trillion won. From April, it will increase its productive finance interest rate preferential programme to 6 trillion won from 3 trillion won. It will also maintain its branch-decision programme at 4 trillion won.