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Crypto
Following the crowd costs you - Vitalik Buterin reveals secret of contrarian bets
Vitalik Buterin, co-founder of Ethereum, criticised structural flaws in prediction markets and described how he profited by betting against irrational crowd sentiment. He warned that prediction markets are turning into gambling-like products and urged a shift toward hedging strategies. Buterin said he made about a 16 percent return by placing roughly $440,000 in bets on Polymarket and earning $70,000. He also outlined a hedging-based finance model that could ultimately replace fiat money.
Games & Commerce
Full overhaul talks gain momentum on South Korea game law; web board, P2E and governance issues emerge
A bill proposed by Democratic Party lawmaker Cho Seung-rae to fully revise South Korea\'s game industry law has entered parliamentary debate. Experts say the draft would effectively redraw the legal framework by separating arcade and online games, scrapping prize restrictions for digital games and shifting online ratings to private operators. Key disputes include web board game prize rules, possible changes affecting P2E games, provisions targeting illegal programs and private servers, and a governance overhaul of related agencies.
Games & Commerce
Jeong Woo-jin of NHN set for fourth term after record annual operating profit
NHN will submit an agenda item at its March 26 annual general meeting to reappoint CEO Jeong Woo-jin as an inside director. Jeong has led NHN for 12 years since taking office in 2014. The company posted its highest annual operating results since a split, with revenue rising 2.5 percent to 2.5163 trillion won and operating profit returning to 132.4 billion won. NHN is also preparing six new game launches.
