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Industry
48 trillion won wiped out in three weeks as bubble warnings flash for China humanoid robot play Unitree
Shares of China humanoid robot maker Unitree Robotics fell below 500 yuan on Sept. 10, extending a sharp pullback about three weeks after its listing. Its market value has dropped by more than 240 billion yuan from its peak after an initial surge that briefly lifted its market capitalisation to about 445 billion yuan. Despite the fall, the stock still trades above its IPO price. Regulators are also seen tightening scrutiny of humanoid robot IPOs.
Crypto
Revolut launches euro-pegged stablecoin EURR
Fintech firm Revolut has launched its first euro-pegged stablecoin, EURR. Blockchain outlet U.Today reported that Revolut has joined the ranks of fintech firms issuing their own stablecoins. Revolut said EURR is designed to maintain the same value as 1 euro, providing users an additional payment option and enabling digital euros to be moved on-chain. Revolut said EURR was launched via a subsidiary regulated under MiCA rules.
Games & Commerce
Musinsa expands into Vietnam with exclusive distribution deal with IPPG affiliate ACFC
South Korean fashion platform Musinsa has expanded its Southeast Asia footprint to Vietnam by signing an exclusive distribution agreement with ACFC, an affiliate of Vietnamese retailer Imex Pan Pacific Group (IPPG). Vietnam becomes Musinsa\'s third regional base after the Philippines and Indonesia. The partners completed the deal in July and will roll out the Musinsa Standard brand locally. Musinsa plans to open stores in major areas including Ho Chi Minh City and refine products and marketing based on customer feedback.
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Finance
More financial firms to face margin rules for non-cleared OTC derivatives from September
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Crypto
Korbit changes company name to DigitalX, service name to be revamped later
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Crypto
Binance adds 10 tokenised stocks including ASML and Netflix, expanding RWA market
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AI & Enterprise
Groundbreaking held for national AI computing center in Haenam, aims for 2028 completion
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Finance
Danal robot cafe b;eat to enter Japan market in August
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Crypto
SBI buys controlling stake in Singapore crypto platform Coinhako with MAS approval
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Games & Commerce
Satellite Tracker real-time map tracks locations of more than 30,000 satellites in orbit
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Games & Commerce
Cafe24 launches e-commerce integration service with Japan\'s NE
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Games & Commerce
KFTC starts review of alleged Google app market abuse over GVP contracts
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Games & Commerce
Wemade\'s Night Crows wins China foreign game licence, paving way for entry
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Games & Commerce
Kakao revamps mobile gift coupon refund rules, 95 percent for over 50,000 won
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Games & Commerce
Kakao Games stake deal completed, top shareholder changes to Line Yahoo
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AI & Enterprise
Worksphear steps up job support for young adults with borderline intelligence
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AI & Enterprise
Jiransoft Group\'s JSecurity sets up Korean R&D unit JSecurity X
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Games & Commerce
Coupang supports digital shift for traditional seafood market merchants