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Crypto
Strategy\'s \'BTC stop\' vs BitMine\'s \'ETH go\' as firms diverge in same rally
Bitcoin and ether surged last week, but the responses of two major corporate holders diverged. Strategy did not buy additional bitcoin and instead raised cash by selling MSTR shares and reallocating proceeds into dollar liquidity, including reserves and a new cash account. BitMine Immersion Technologies continued buying ether, lifting holdings to 5.85 million ETH and staking most of it. The moves highlighted different priorities in capital allocation.
AI & Enterprise
IBM develops dual-architecture Arm chip for IBM Z and LinuxONE
IBM is working with Arm to develop a dual-architecture processor for IBM Z mainframes and LinuxONE systems. The chip is designed to run z/OS and Arm-native Linux workloads simultaneously on the same core. The chip has not been named. It uses a unified architecture aimed at eliminating the need to split work between Arm and IBM cores. It is built on a 2-nanometre process and includes 11 5.7-gigahertz cores.
Finance
KB Kookmin Bank\'s KB Kookmin Certificate users top 18 million
KB Kookmin Bank said cumulative users of its private authentication certificate, KB Kookmin Certificate, have surpassed 18 million. The bank said the user base has expanded since the certificate was recognised as an electronic signature certification service provider in 2021. Users rose by 1 million in a year, after topping 17 million in August last year. The certificate can be issued without visiting a branch and is used for authentication, e-signatures and identity verification.
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Crypto
HashKey starts beta distribution of Hong Kong dollar stablecoin HKDAP
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Finance
South Korea\'s FSC builds consensus on phased rollout of scraping blocking, seeks public MyData alternative
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Crypto
Grayscale says AI adoption will boost demand for public blockchains, cites three demand drivers
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Finance
Travel Wallet faces capital task ahead of 2027 Kosdaq IPO
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Crypto
Bitcoin holds near $64,000 as Bitwise, Coinbase chiefs say fundamentals, not price, driving crypto
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Crypto
Russia nears crypto legalisation, but 69 percent say they have nowhere to use it
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Finance
IBK Industrial Bank of Korea launches digital consular-certified financial power of attorney service
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Crypto
Former CFTC chair says Clarity bill should not be overhyped, industry innovation to continue
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Crypto
Bitcoin \'BIP-110\' debate intensifies as developer-miner clash spreads
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Crypto
U.S., UK align regulation on stablecoins and tokenisation, issue joint recommendations
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Finance
Big Tech expands territory beyond payments into financial infrastructure
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Finance
Cross ENF registers as issuer and manager of prepaid electronic payment instruments
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Finance
KB Kookmin Bank to cut special loan principal by up to 90 percent for vulnerable groups
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Finance
Kim Byoung-hwan says plan to fully lift network separation rules will be announced soon
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Finance
Toss, Kakao Pay and Naver Pay to expand access to resident ID verification network