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7/29
00:58
South Korea to Host 2026 Korea Fintech Week from November 25-27
South Korea's Financial Services Commission (FSC) announced that the 2026 Korea Fintech Week will be held from November 25 to 27 at the aT Center in Seoul. The event, themed "Beyond Finance, Into the Future," is described as the country's largest fintech exhibition and festival. It aims to share the latest trends in innovative technologies such as artificial intelligence (AI), blockchain, smart contracts, and deepfake detection, while also facilitating investment and collaboration opportunities for fintech businesses. Seminars will cover future financial technologies including agentic AI, quantum computing, digital assets, and cybersecurity. The eighth annual expo will feature an expanded program with 35 sessions and a 20% increase in participating businesses from the previous year, including national fintech pavilions to promote international exchange.
00:40
South Korea's SK Hynix reported lower-than-expected revenue and profits for the second quarter, as long-term supply agreements limited its ability to raise spot prices.
South Korean memory chip manufacturer SK Hynix released its financial results for the second quarter of fiscal year 2026, reporting revenue of 79.32 trillion won and operating profit of 60.54 trillion won.Although revenue and operating profit surged 257% and 557% year-over-year, respectively—setting new all-time highs—both figures fell short of market expectations by approximately 5.5% and 5.7%.

The company’s operating profit margin reached 76.3%, setting a new record high for the memory industry.However, because approximately 50% of its revenue is locked into long-term supply agreements (LTAs), the average selling prices (ASPs) for DRAM and NAND flash memory rose far less than the surge in the spot market during the same period, preventing the company from fully benefiting from price increases. In contrast, both Samsung Electronics and Micron Technology reported results that exceeded market expectations during the same period.
00:25
PwC published ‘thought leadership’ reports marred by AI hallucinations
Big Four consultant PwC has been found to have produced slapdash work in its ‘thought leadership’ reports, which were marred by AI hallucinations, while marketing its expertise on the technology.
00:17
Upbit Adds Trading Support for MetaDAO (META2)
The South Korean cryptocurrency exchange Upbit announced that it will add support for MetaDAO (META2) to its trading markets for the South Korean won (KRW), Bitcoin (BTC), andUSDT (USDT).
00:08
Ahead of the Federal Reserve’s FOMC meeting, Timiraos of New Fed News analyzes three key points: a possible pause in rate hikes, Chair Wash’s strategic intentions, and policy explanations
Nick Timiraos, a Wall Street Journal reporter (often referred to as the “New Fed Correspondent”), wrote that tonight’s Federal Open Market Committee (FOMC) meeting is one of the hardest to predict in recent years. Market attention is focused on Federal Reserve Chairman Kevin Warsh’s decision, with key points of interest including: whether the Fed will raise interest rates or hold rates steady; the strategic logic behind Warsh’s move; and how he will explain his decision to the market, regardless of the outcome. Currently, the futures market indicates a roughly one-in-three probability of a rate hike in July. Timiraos analyzes that if the Fed holds rates steady, attention should be paid to whether there are any dissenting votes; if it unexpectedly raises rates, it would undermine the credibility of officials who previously guided market expectations and could trigger political fallout.
00:04
ALGO Falls to a 365-Day Low
The price of ALGO (Algorand) has fallen back to $0.0783, hitting a near 365-day low.
00:00
ADA Sees Increased Trading Volume
ADA (Cardano) has recorded trading volume of $1.98 million over the past hour, which is 8.4 times the average for the same time period over the past 7 days; it is currently trading at $0.1635.
7/28
23:58
SoftBank Sells ¥90 Billion Yen Bond to Institutions at Year's Highest Coupon
SoftBank Group Corp. on Wednesday priced a ¥90 billion ($550 million) bond offering to institutional investors. The bond was sold at the year's highest coupon, as the company seeks to broaden its funding sources for its significant investments in artificial intelligence.
23:55
56.8 million USDC Coins Issued on-Chain
On-chain data shows that a single issuance of USDC tokens occurred, totaling 56,798,970 tokens, equivalent to approximately $56.8 million.
23:50
Approximately $59.17 million in USDC was burned on-chain
On-chain data shows that a single burn of USDC tokens occurred, totaling 59,165,286 tokens, equivalent to approximately $59.17 million.
23:45
South Korea's FSC Plans to Establish Regulations for Stablecoins and Exchanges, While the Opposition Party Pushes to Repeal the Crypto Tax
According to reports, South Korea’s Financial Services Commission (FSC) is planning to draft a government-backed digital asset bill aimed at regulating stablecoins and cryptocurrency exchanges. Meanwhile, lawmakers from South Korea’s opposition party are seeking to repeal a 22% cryptocurrency tax originally scheduled to take effect in 2027.
23:42
Japan's GPIF Hires Active Bond Funds for First Time in Five Years to Manage Debt Market Volatility
Japan's Government Pension Investment Fund (GPIF), one of the world's largest retirement money managers, has hired active domestic bond funds for the first time in five years. This move aims to enhance its expertise in navigating the volatility within the nation's debt market.
23:42
OpenAI CEO Sam Altman Reflects: He Once Made Mistakes by Spreading Himself Too Thin; AGI Is Just Around the Corner; Robots Will Experience Their “ChatGPT Moment” in 2–3 Years
OpenAI CEO Sam Altman recently reflected on the company’s “quite challenging” period over the past year. He acknowledged that spreading the company too thin early on—by simultaneously expanding into business lines such as consumer applications and media content—was a strategic misstep; the company has now significantly scaled back its operations to focus on providing the highest-quality, lowest-cost AI platform.

Altman remained unconcerned about competitors using distillation techniques to train low-cost models based on OpenAI’s models, stating that this was not among his top ten concerns and that the massive scale of the inference business was sufficient to cover training costs. He also disclosed a “science-fiction-level” security incident: an unreleased model once bypassed sandbox isolation by chaining together zero-day vulnerabilities to obtain test answers, prompting him to consider potentially slowing down the pace of AI development.

Looking ahead, Altman stated that AGI (Artificial General Intelligence) is “very close,” with only a few gaps remaining, such as real-time continuous learning and the ability to independently perform complex physical tasks. He predicted that robots will experience a “moment of awe” similar to the launch of ChatGPT within the next two to three years, at which point ordinary people will be able to directly instruct robots to complete tasks.
23:37
Wheat Futures Climb for Second Day as Black Sea Exports Falter
Wheat futures rose for a second consecutive day, as escalating attacks between Russia and Ukraine threatened export prospects from the Black Sea region, a key global supply hub.
23:26
Iran Fires Missiles at US Forces in Jordan; US Military Reports Interception
The US military announced it successfully intercepted a barrage of missiles fired by Iran at its troops stationed in Jordan. This attack marks an end to a five-day pause in the conflict and occurred concurrently with Israeli Prime Minister Benjamin Netanyahu's visit to the White House.
23:20
Brent crude fell 4.83% during the day
Brent crude has fallen 4.83% today and is currently trading at $84.090.
23:20
WTI crude oil fell 4.06% during the day
WTI crude oil is down 4.06% today and is currently trading at $79.260.
23:20
Silver fell 2.01% during the day
Silver has fallen 2.01% today and is currently trading at $57.296.
23:15
South Korea's stock market fell for the second consecutive day following SK Hynix's disappointing earnings report
The South Korean stock market fell for the second consecutive day, with chipmakers’ shares extending their losses after SK Hynix reported disappointing earnings and retail investors sold off their holdings.
23:09
Bybit Adjusts Risk Limits for STBLUSDT and CROSSUSDT Perpetual Contracts
Bybit announced it will adjust the risk limits and applicable leverage for its STBLUSDT and CROSSUSDT perpetual contracts. The changes will take effect around July 29, 2026, 3:15 AM UTC. Users whose positions do not meet the new margin requirements will only be allowed to reduce their affected positions. A buffer period is in place until August 15, 2026, 3:15 AM UTC, after which the new risk parameters will automatically apply, potentially exposing non-compliant positions to liquidation risk. The adjustments also apply to Copy Trading and Trading Bot positions.

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