South Korea is reportedly lifting restrictions that have prevented crypto businesses from qualifying as venture companies, giving them new access to tax breaks and financing support. During a cabinet meeting on Tuesday, South Korea’s Ministry of SMEs and Startups said it had passed a partial revision to the Enforcement Decree of the Venture Business Act
INTOverse, a Web3 SocialFi platform, is now in a strategic partnership with EDITH, a famous decentralized protocol for artificial intelligence (AI) and real-world asset (RWA) tokenization. The primary purpose of this partnership is to combine GPUs, energy, real estate, and agents as RWA on-chain to unlock real, tangible value. We’re pumped to announce our partnership
South Korea’s stock index KOSPI has surged to its all-time high in four years and two months, signaling a bullish run in the local stock market. An intense wave of foreign buying drove the rally, while shares of crypto-related companies also climbed. South Korean President Lee Jae-myung will outline key financial policies at his 100-day
Belarusian President Alexander Lukashenko is urging the nation’s banks to ramp up their use of digital assets in a bid to blunt the impact of Western sanctions. “Today, cryptocurrency-based transactions are more active than ever, and their role in facilitating payments is growing,” Lukashenko said in a meeting held on Tuesday with officials from the
REI Network, an open, Ethereum-compatible blockchain, has collaborated with WELF Finance, a digital private banking platform. The main purpose of the partnership is to offer RWA-backed liquidity and yield solutions for high-net-worth users to advance Web3 private banking. As REI Network’s official social media announcement discloses, the collaboration is set to integrate conventional finance and
Semiconductor stocks climb as Broadcom drives sector gains in Wednesday trading Key Takeaways Broadcom outperformed its semiconductor peers in Wednesday’s trading session. The chip sector saw strong gains, with Broadcom leading the advance Broadcom led a rally in semiconductor stocks today as the chip sector posted strong gains during Wednesday trading. The stock’s performance helped
Technical indicators suggest that Bitcoin’s (BTC) short-term momentum may be sustaining, with the potential to target a new record high in the coming weeks. Specifically, Bitcoin has formed a Moving Average Convergence Divergence (MACD) golden cross below the zero line, a setup that has historically preceded strong upside moves, according to pseudonymous cryptocurrency analyst BitBull
Key Takeaways CME Group has introduced rolling futures indices spanning six major asset classes: agriculture, crypto, energy, FX, Treasury, and metals. These indices serve as transparent and replicable benchmarks for their respective markets. CME Group launched rolling futures indices today, providing benchmarks across agriculture, crypto, energy, foreign exchange, Treasury, and metals markets. The new indices
StarkWare, a company specializing in zero-knowledge (ZK) technology, a way of verifying information without revealing the specific contents of that information, said it created a ZK verification of the Bitcoin (BTC) blockchain that can run on mobile devices. The proof contains all the Bitcoin block headers from the genesis block until the present, but not