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Crypto

U.S. crypto industry goes to court to block Illinois 0.2 percent tax on coin trades

U.S. cryptocurrency industry groups have asked a court to urgently halt Illinois\' planned 0.2 percent digital asset tax, due to take effect next year. The Crypto Council for Innovation and the Blockchain Association filed for a preliminary injunction in Sangamon County and have already sued, arguing the law is unconstitutional. Illinois expects about $60 million a year in revenue. The industry says unclear scope would force costly systems and could drive businesses and users elsewhere.

Games & Commerce

Smilegate Futurelab launches \'Prompt to Film\' to support AI short filmmaking

Smilegate Futurelab said on Wednesday it is recruiting participants for \'Prompt to Film\', an AI film-creation support programme for creators aged 16 to 24. Applicants can apply via the Futurelab website through Oct. 12. Participants will produce a short film over about four months using AI and attend expert lectures on storytelling, AI film production and schedule management. Mentors include Lee Sang-yong, Jang Kwon-ho and Shin Young-sik. Completed works will be shown in February 2027.

AI & Enterprise

AI hacking spurs shift in corporate security spending priorities

As AI hacking spreads, companies are not only increasing cybersecurity budgets but also changing spending priorities, benefiting some newer security technologies while sidelining parts of the traditional stack. Large firms are raising outlays for tools to monitor employee AI use, find vulnerabilities ahead of hackers and speed patching. Some are cutting spending on traditional vulnerability management, log collection and penetration testing. Gartner forecasts strong growth in the AI security market through 2028.