Upbit says it only expressed interest in future OUSD participation
Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from…
Bitcoin zooms above $61,000 as inflation fears soften
Bitcoin rose more than 4% to trade above $61,000, its strongest level in over a week, after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop…
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
Samsung and SK Hynix are pulling a chipplant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle…
South Korean authorities fine Bithumb $136K over sharing user information overseas
The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user…
Why SK Hynix’s $30 billion U.S. listing could be a double-edged sword for Micron’s stock
The South Korean memory company could give investors more opportunities beyond Micron, though it may also raise awareness of industry dynamics.…
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering. Source：CoinDesk