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Crypto

Ruling party to resume talks on Digital Asset Framework Act in September

South Korea\'s ruling party is expected to reorganise its digital asset task force after an August party convention and resume talks in September on a Digital Asset Framework Act. Lawmaker Park Min-gyu said the party would pursue introducing the bill after consultations between the party and the government. Key issues include who can issue stablecoins and limits on exchange ownership stakes. Industry participants called for broader safeguards and crisis mechanisms, not only issuer eligibility.

AI & Enterprise

Midjourney develops 60-second full-body ultrasound scanner, claims 100 times faster than MRI

Image-generation AI company Midjourney says it is entering the medical device market and developing a full-body scanner that visualises internal structures in 3D. The company says its ultrasound-based system uses about 500,000 miniature acoustic units and AI computing to process terabyte-per-second data and build millimetre-level maps. It aims for speeds up to 100 times faster than MRI. Midjourney plans prototypes, a San Francisco facility in 2027 and FDA approval efforts.

Industry

Ambient-pressure superconductivity record broken after 33 years

U.S. researchers raised the superconducting transition temperature at ambient pressure to 151K, about minus 122 degrees Celsius, breaking a 33-year record. The team at the University of Houston and the Texas Center for Superconductivity used mercury-based copper-oxide ceramic Hg1223 and a “pressure quench” method that preserves high-pressure properties after pressure is removed. The result remained stable for about two weeks and was reproduced in five samples.