Elon Musk Predicts AI Smarter Than Humans Next Year, Raises Tension in Tech IndustryOpenAI, Meta, GPT-5, and LAMA3 are about to be releasedMusk xAI is also rumored to be pushing to attract $4 trillion in investmentJensen Huang “AGI appears within 5 years.”Professor Andrew Ng: “It’ll take 30 to 50 years.” Javier Milei, President of Argentina (right), and Elon Musk, CEO of Tesla, pose for a commemorative photo at […]
Russia's Crypto Regulation Bill Set for August Passage Amid US SanctionsThe bill is expected to pass in August Russian authorities are preparing to reintroduce a bill to regulate cryptocurrency mining that failed to be adopted in 2022. Due to U.S. sanctions, Russian authorities are paying attention to cryptocurrencies, which have a strong point in cross-border transactions. According to the industry, on the 15th, the Russian […]
Smilegate Barcelona Closes With All Employees Laid OffSmilegate’s first overseas game development studio, Smilegate Barcelona, has closed its doors. The global gaming industry’s restructuring winds are also affecting Korean game companies. Stephane Blais, former World Director of Smilegate Barcelona, announced on LinkedIn on the 27th (local time) that “Smilegate Barcelona is closing its doors. All staff are being laid off.” Edouard Albert, […]
US-South Korea Move Against North Korean IT Money LaunderingThe United States and South Korea have imposed sanctions on two institutions and four individuals involved in illegal fundraising or overseas activities of North Korean IT personnel for the first time globally. According to the Ministry of Foreign Affairs on the 28th, this measure was taken during the 6th U.S.-South Korea Working Group meeting on […]
Valkyrie CIO Predicts Ripple ETF Approval Ahead of Ethereum [Dugguru=Sung-Hwan Hong] It has been observed that a Ripple (XRP) spot exchange traded fund (ETF) is likely to be approved before an Ethereum (ETH) spot ETF. It will be interesting to see if global managers will start to launch Ripple spot ETFs. "I don't think an Ethereum spot ETF will be approved in May because I believe that Ethereum can be a security," said Stephen McClurg, co-founder and chief investment officer of Valkyrie Investments, in a conversation with a reporter from U.S. financial media Fox Business, according to industry sources. "I think it's more likely that Ripple or Litecoin (LTC) will be approved before Ethereum." However, no manager has yet formalized the launch of a Ripple or Litecoin spot ETF. Seven asset managers, including BlackRock, Fidelity, Ark Investments, and Grayscale, have filed to list an Ethereum spot ETF. The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on May 23 on whether to approve ETH spot ETFs. The market is betting that an ETH spot ETF is unlikely to be approved. This is because unlike Bitcoin, which is proof-of-mining (POW), Ethereum is proof-of-stake (POS), which raises ongoing securities issues. Eric Balchunas, an ETF analyst at Bloomberg, previously put the likelihood of an ETH spot ETF approval at 70% in January, but recently downgraded it to 30%. "The approval process for an ETH spot ETF is different from that for a bitcoin spot ETF," he explained, "and we've lowered our odds of approval given the lack of progress with more than 70 days to go before the deadline."
Jaeden Martell: Rising Hollywood Star with Korean RootsJaeden Martell, known for his roles in The Book of Henry and It, has a personal connection to Korea through his grandmother. On the set of It, he approached director Jung Jeong Hoon and revealed he is of quarter Korean descent. Moreover, he grew up with his maternal grandparents and is well-versed in Korean culture […]
DOJ vs. Apple: Antitrust Lawsuit Lacks Bite, Bloomberg Analysis SuggestsCriticism has emerged, labeling the antitrust lawsuit filed against Apple by the U.S. Department of Justice as “outdated.” While it’s true that Apple restricts competitors with its closed ecosystem, proving that its monopoly has harmed consumers is challenging. On the 24th, a Bloomberg correspondent specializing in Apple, Mark Gurman, claimed in a newsletter, “The Department […]
Jensen Huang Tests Samsung's HBM, Expresses High HopesJensen Huang, CEO of the American semiconductor company NVIDIA, tested Samsung’s HBM (High-Bandwidth Memory) and expressed high expectations at a global media roundtable on the 19th (local time). NVIDIA revealed that they had previously been supplied with HBM from SK Hynix and Micron but are now testing Samsung’s HBM. HBM is a high-performance product essential […]
NVIDIA Unveils Blackwell, a Platform With 30x Faster Inference SpeedsNVIDIA has unveiled the Blackwell architecture, which has up to 30 times faster AI inference speed than the previous generation. Aiming to accelerate the advent of general artificial intelligence (AGI), Blackwell performs AI learning 5 times faster and the power-to-performance ratio by 25 times than the previous model, H100 Hopper. On the 18th (local time), Jensen […]
U.S. Scientists Stunning Revelation: Nature's Superconductor DiscoveredThe Ames National Laboratory, under the U.S. Department of Energy, has discovered evidence of unconventional superconductivity in naturally occurring rhenium sulfide (Rh17S15) samples. According to industry insiders, on the 14th, the Ames National Laboratory research team announced that they had discovered rhenium sulfide to be an unconventional superconductor. While conventional superconductors form pairs of electrons […]
Former Goldman Sachs Exec Spills Crypto Secrets: What's in Raoul Pal's Portfolio?Raoul Pal, a former executive at the global investment bank Goldman Sachs and currently the CEO of financial services company Real Vision, has revealed his cryptocurrency asset portfolio. On the 8th, Pal appeared on the cryptocurrency YouTube channel “Crypto Banter,” stating that about 90% of his assets are in the cryptocurrency sector. Pal is one […]
Qatar Bitcoin Investment Rumors ReigniteThere’s a renewed buzz around Qatar’s investment in Bitcoin. Speculation has been sparked by claims that the private jet of the Qatari Emir was spotted at a Bitcoin conference venue. According to industry sources on the 5th, Anthony Scaramucci, founder of SkyBridge Capital and a veteran of the hedge fund industry, recently stated through his […]
Elon Musk Predicts AI Smarter Than Humans Next Year, Raises Tension in Tech Industry OpenAI, Meta, GPT-5, and LAMA3 are about to be releasedMusk xAI is also rumored to be pushing to attract $4 trillion in investmentJensen Huang “AGI appears within 5 years.”Professor Andrew Ng: “It’ll take 30 to 50 years.” Javier Milei, President of Argentina (right), and Elon Musk, CEO of Tesla, pose for a commemorative photo at […]
Russia's Crypto Regulation Bill Set for August Passage Amid US Sanctions The bill is expected to pass in August Russian authorities are preparing to reintroduce a bill to regulate cryptocurrency mining that failed to be adopted in 2022. Due to U.S. sanctions, Russian authorities are paying attention to cryptocurrencies, which have a strong point in cross-border transactions. According to the industry, on the 15th, the Russian […]
Smilegate Barcelona Closes With All Employees Laid Off Smilegate’s first overseas game development studio, Smilegate Barcelona, has closed its doors. The global gaming industry’s restructuring winds are also affecting Korean game companies. Stephane Blais, former World Director of Smilegate Barcelona, announced on LinkedIn on the 27th (local time) that “Smilegate Barcelona is closing its doors. All staff are being laid off.” Edouard Albert, […]
US-South Korea Move Against North Korean IT Money Laundering The United States and South Korea have imposed sanctions on two institutions and four individuals involved in illegal fundraising or overseas activities of North Korean IT personnel for the first time globally. According to the Ministry of Foreign Affairs on the 28th, this measure was taken during the 6th U.S.-South Korea Working Group meeting on […]
Valkyrie CIO Predicts Ripple ETF Approval Ahead of Ethereum [Dugguru=Sung-Hwan Hong] It has been observed that a Ripple (XRP) spot exchange traded fund (ETF) is likely to be approved before an Ethereum (ETH) spot ETF. It will be interesting to see if global managers will start to launch Ripple spot ETFs. "I don't think an Ethereum spot ETF will be approved in May because I believe that Ethereum can be a security," said Stephen McClurg, co-founder and chief investment officer of Valkyrie Investments, in a conversation with a reporter from U.S. financial media Fox Business, according to industry sources. "I think it's more likely that Ripple or Litecoin (LTC) will be approved before Ethereum." However, no manager has yet formalized the launch of a Ripple or Litecoin spot ETF. Seven asset managers, including BlackRock, Fidelity, Ark Investments, and Grayscale, have filed to list an Ethereum spot ETF. The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on May 23 on whether to approve ETH spot ETFs. The market is betting that an ETH spot ETF is unlikely to be approved. This is because unlike Bitcoin, which is proof-of-mining (POW), Ethereum is proof-of-stake (POS), which raises ongoing securities issues. Eric Balchunas, an ETF analyst at Bloomberg, previously put the likelihood of an ETH spot ETF approval at 70% in January, but recently downgraded it to 30%. "The approval process for an ETH spot ETF is different from that for a bitcoin spot ETF," he explained, "and we've lowered our odds of approval given the lack of progress with more than 70 days to go before the deadline."
Jaeden Martell: Rising Hollywood Star with Korean Roots Jaeden Martell, known for his roles in The Book of Henry and It, has a personal connection to Korea through his grandmother. On the set of It, he approached director Jung Jeong Hoon and revealed he is of quarter Korean descent. Moreover, he grew up with his maternal grandparents and is well-versed in Korean culture […]
DOJ vs. Apple: Antitrust Lawsuit Lacks Bite, Bloomberg Analysis Suggests Criticism has emerged, labeling the antitrust lawsuit filed against Apple by the U.S. Department of Justice as “outdated.” While it’s true that Apple restricts competitors with its closed ecosystem, proving that its monopoly has harmed consumers is challenging. On the 24th, a Bloomberg correspondent specializing in Apple, Mark Gurman, claimed in a newsletter, “The Department […]
Jensen Huang Tests Samsung's HBM, Expresses High Hopes Jensen Huang, CEO of the American semiconductor company NVIDIA, tested Samsung’s HBM (High-Bandwidth Memory) and expressed high expectations at a global media roundtable on the 19th (local time). NVIDIA revealed that they had previously been supplied with HBM from SK Hynix and Micron but are now testing Samsung’s HBM. HBM is a high-performance product essential […]
NVIDIA Unveils Blackwell, a Platform With 30x Faster Inference Speeds NVIDIA has unveiled the Blackwell architecture, which has up to 30 times faster AI inference speed than the previous generation. Aiming to accelerate the advent of general artificial intelligence (AGI), Blackwell performs AI learning 5 times faster and the power-to-performance ratio by 25 times than the previous model, H100 Hopper. On the 18th (local time), Jensen […]
U.S. Scientists Stunning Revelation: Nature's Superconductor Discovered The Ames National Laboratory, under the U.S. Department of Energy, has discovered evidence of unconventional superconductivity in naturally occurring rhenium sulfide (Rh17S15) samples. According to industry insiders, on the 14th, the Ames National Laboratory research team announced that they had discovered rhenium sulfide to be an unconventional superconductor. While conventional superconductors form pairs of electrons […]
Former Goldman Sachs Exec Spills Crypto Secrets: What's in Raoul Pal's Portfolio? Raoul Pal, a former executive at the global investment bank Goldman Sachs and currently the CEO of financial services company Real Vision, has revealed his cryptocurrency asset portfolio. On the 8th, Pal appeared on the cryptocurrency YouTube channel “Crypto Banter,” stating that about 90% of his assets are in the cryptocurrency sector. Pal is one […]
Qatar Bitcoin Investment Rumors Reignite There’s a renewed buzz around Qatar’s investment in Bitcoin. Speculation has been sparked by claims that the private jet of the Qatari Emir was spotted at a Bitcoin conference venue. According to industry sources on the 5th, Anthony Scaramucci, founder of SkyBridge Capital and a veteran of the hedge fund industry, recently stated through his […]
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