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Crypto
Crypto Hot Issue: Crypto regulation stalls as South Korea shows distinct love for altcoins
South Korean brokerages are accelerating their push into digital assets, while the financial sector says regulatory gaps are holding back market entry despite infrastructure being largely ready. An analysis said South Korea accounts for about 30 percent of global cryptocurrency trading volume, with investors heavily focused on altcoins rather than bitcoin. In the United States, delays to the CLARITY Act have added uncertainty, while XRP posted weekly gains and inflows into spot ETFs rose.
Industry
Samsung Electronics launches domestic EHS heat pump boiler in South Korea
Samsung Electronics launched its air-source, heat pump-based home heating solution, the EHS Heat Pump Boiler, in South Korea on April 20. The product uses ambient air heat and electricity to provide space heating and hot water, and can generate more than four times the heat of the input electrical energy, the company said. It can supply hot water up to 70 degrees Celsius at minus 15 degrees and includes anti-freeze features.
Games & Commerce
Valve prepares SteamGPT to boost Steam operations and block fraud accounts
Valve, which runs the global PC game platform Steam, appears to be preparing to introduce a generative AI tool called SteamGPT to improve internal efficiency such as incident reports and identification of abusive accounts. Reference data tied to SteamGPT was spotted in Steam client update files, with terms linked to generative AI systems. Leaked-file analysis suggests a focus on back-end operations, including report labeling and a summary function reviewing security variables to assess account trustworthiness.
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Games & Commerce
Handheld gaming PCs hit by AI-driven component shortages and price spikes
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Finance
Korean stocks see record plunge, but brokerages say uptrend intact
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Industry
Giatec localises VCM actuator for battery coating
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AI & Enterprise
Industrial AI startup CVector raises $5 million seed for factory optimisation technology
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Crypto
Ethereum whale cuts losses and shifts to gold
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Industry
ISTE signs 2.3 billion won equipment supply deal with SK Hynix