Despite Bitcoin's price falling to around $73,000 and a nearly 48% drop in retail trading volumes in South Korea, major financial groups like Hana Bank, Samsung affiliates, and Hanwha Investment are acquiring significant stakes in local crypto exchanges such as Dunamu (Upbit) and Korbit. This trend reflects a strategic shift from short-term trading to long-term control over digital asset infrastructure, including licenses, customer access, and regulatory positioning. These institutions aim to secure their role in the evolving market for stablecoins, tokenized securities, custody, and other digital asset services, anticipating regulatory frameworks still in development. The move signals a broader institutionalization of South Korea's crypto market, focusing on infrastructure ownership rather than immediate price movements.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
