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Crypto

Phantom launches Kalshi prediction market service in U.S., trades in stablecoin

Crypto wallet provider Phantom is offering U.S. users access to Kalshi’s prediction market service, The Block reported on Thursday. Users can trade contracts that bet on event outcomes directly in the Phantom app. The rollout begins on Thursday and will expand over several weeks. Users must complete Kalshi’s know-your-customer checks and fund trades with Phantom’s dollar-pegged stablecoin, Cash (CASH), which is converted to fiat for settlement.

People & Appointments

Kakao joins 2026 Korea small business convention to showcase mutual growth programmes

Kakao will take part in the 2026 Korea Small Business Convention on Oct. 23-24 at BEXCO in Busan to present its support programmes for small merchants and regional mutual growth initiatives. It will run a booth featuring Project Dangol, Gotgot and the Kakao Business Boss Community. Kakao will also introduce its regional AI start-up support body, Kakao AI Dot, and showcase its AI service Kanana.

Politics

Hwang Jeong-a says startups at state-funded research institutes up 120 percent, urgent to fix follow-up rules

Startups launched by government-funded research institutes more than doubled in the first half of this year from a year earlier, data submitted to lawmaker Hwang Jeong-a showed. NST-affiliated institutes recorded 11 startups, up 120 percent from 5 a year earlier. From January to September, startup screenings rose to 30 and approvals to 26. Hwang urged Deputy Prime Minister Bae Kyung-hoon to swiftly update guidelines even before the law takes effect.