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Crypto

Won-backed stablecoin success depends on real-world use and distribution networks

Discussion on institutionalising a won-backed stablecoin is expanding beyond who issues it to how to build real-world use cases and distribution infrastructure. Speakers at a National Assembly forum cited tokenised securities, cross-border payments and AI-based micropayments as potential demand sources, while calling for measures to ensure financial stability and user protection. Financial authorities and industry representatives stressed the need to consider redemption, reserve assets and trust, and to develop systems for exchange, circulation and settlement.

Crypto

Solana Foundation CISO warns AI scams are next security threat in crypto

Major security incidents in the crypto sector in recent months have come not from smart contract flaws but from more sophisticated tactics such as fake identities and AI-generated scams, CoinDesk reported, citing Solana Foundation chief information security officer Michael Coates. Coates said such weaknesses are likely to drive the next wave of blockchain security threats. He warned AI and deepfakes will intensify social engineering attacks, including large-scale spoofing calls.

Games & Commerce

Nexthrus posts 11.6 billion won Q1 revenue, up 76 percent, driven by games, AI and blockchain

Nexthrus posted first-quarter revenue of 11.6 billion won, up 76 percent from a year earlier, helped by global traction in its core games business and expansion in AI and blockchain. Operating profit was 132 million won, down 47.6 percent year on year. Net loss totaled 3.04 billion won due to purchases of assets such as bitcoin. The company plans to expand its game lineup and upgrade its Kross mainnet 2.0 on June 1.