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Crypto
ITCEN Global steps up buildout of tokenised gold KGLD ecosystem
ITCEN Global is accelerating efforts to build an ecosystem for KGLD, a token based on physical gold. The company aims to go beyond issuing digital tokens by linking custody, liquidity, monetisation and everyday payments into a single financial ecosystem. It has disclosed plans to issue KGLD backed by 50 tonnes of physical gold and announced a concept for a RWA-based gold-standard account called the Gold Standard Wallet.
Crypto
XRP is already a digital commodity; what would change if U.S. Clarity bill passes
XRP is already classified as a digital commodity under U.S. federal regulators’ interpretation, but a Clarity bill due for a September vote could закрепить that status in law and set up oversight of spot markets. The SEC and CFTC named XRP a digital commodity in March, but SEC Chair Paul Atkins said congressional legislation is needed to prevent reversals. Despite spot ETF launches, inflows have slowed. Senate procedure and timing remain uncertain.
Crypto
Bitmine\'s Ethereum bet gains as asset value jumps $2.2 billion
Bitmine Immersion Technologies\' valuation of its Ethereum holdings rose by $2.2 billion in a day as prices surged, taking its portfolio value to $13.2 billion, according to an operating report. The company holds 5,815,000 ether, about 4.8 percent of circulating supply, and has been buying weekly for more than a year. DropsTab put its unrealised loss at $6.09 billion. Chairman Tom Lee linked long-term demand to AI and robotics.
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AI & Enterprise
Micron CEO says AI has fully changed memory industry, breaking boom-bust formula
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Mobility
Tesla formalises Europe launch for Semi electric truck, to unveil specs and release plan at IAA in September
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AI & Enterprise
KT highlights CXL and modular data centres as ways to boost AI data centre efficiency
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Finance
Hana Bank signs won swap deal with RFI, first for South Korean banks
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Industry
Standard Energy supplies vanadium ion battery ESS to Hanyang University
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Crypto
Danal joins global Open USD stablecoin ecosystem
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Games & Commerce
Cafe24 signs deal with Korea Vocational Training School to train AI talent
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AI & Enterprise
Attack surface management and real-time detection become more important for ransomware response
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Finance
Coocon Q2 operating profit up 6.3 percent to 4.96 billion won
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Crypto
Ripple targets $10 billion private credit market with institutional lending on XRP Ledger
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AI & Enterprise
AI agent era needs \'AI compliance officer\'; trust will determine AI adoption
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AI & Enterprise
Palo Alto Networks expands cooperation program for AI security threat response, deploys virtual patches
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Crypto
Nasdaq to extend trading hours to 23 hours a day to attract Asian funds
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Crypto
Bitwise CIO points to three big misconceptions about cryptocurrencies
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AI & Enterprise
C-Cubista partners Novainsecu to co-develop integrated security service