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News
Lee Tells Silicon Valley VCs Korea, US Can Build the Next Samsung Together
8+ min ago (300+ words) President Lee Jae-myung met with global **venture capital (VC)** investors in Silicon Valley and said combining the strengths of Korea and the US could create the next generation of **global innovation companies**. Lee said the two countries could become innovation partners…...
Robinhood Weighs Adding Crypto.com Prediction Contracts, Deepening Challenge to Kalshi
47+ min ago (269+ words) Robinhood Markets Inc. is in talks to add prediction-market contracts from cryptocurrency exchange Crypto.com to its platform, a move that would diversify the sources of event contracts available to its users. The Wall Street Journal reported on July 25, citing…...
Lee Says South Korea Must Move Beyond Chips to Physical AI
59+ min ago (204+ words) President Lee Jae-myung said on July 25 that he wants to make South Korea indispensable to global progress and turn the country into a leader in emerging industries. Speaking at a luncheon with members of the Korean community at a hotel…...
US Military Says It Maintains Maritime Blockade on Iran, Diverts 12 Commercial Ships and Disables 2
57+ min ago (223+ words) US Central Command said it is maintaining the **maritime blockade on Iran** and redirected 12 commercial vessels that tried to breach it. The US military said it **disabled** two ships that failed to comply with military instructions and sent troops aboard…...
Iran Says It Sold $11.5 Billion of Crude During War, Hit More Than 60% of Annual Goal
7+ hour, 4+ min ago (134+ words) Iran’s Oil Ministry said it sold **$11.5 billion** of **crude oil** during the war. Iran’s Oil Ministry said it recorded **$6.5 billion** in **crude oil** sales during the ceasefire. Iran’s Oil Ministry said it has already achieved **more than 60% of its annual…...
Fidelity Says Nearly 15 Million Bitcoin Have Stayed Idle for 155 Days, a Possible Bottom Signal
11+ hour, 9+ min ago (167+ words) Long-term Bitcoin holdings are rising, a trend some analysts view as a sign the market may be nearing a bottom. BeInCrypto reported on July 25 that Fidelity Digital Assets said in a report that about 15 million Bitcoin had not moved for…...
Fidelity Urges US Senate to Quickly Pass CLARITY Act, Citing Need for Digital-Asset Rules
13+ hour, 5+ min ago (217+ words) **Fidelity**, the world’s third-largest asset manager, urged the US Senate to swiftly pass the **CLARITY Act**, a bill focused on digital-asset market structure. Fidelity said a clear **regulatory framework** for the **digital-asset** market is needed to boost investor confidence, provide…...
Korean Refiners Rally as Oil Tops $100; S-Oil, GS Surge More Than 40% This Month
15+ hour, 6+ min ago (388+ words) According to the Korea Exchange, S-Oil closed 0.93% higher at 151,200 won on July 24. That compared with a 5.72% plunge in the Kospi on the same day. The company’s shares have jumped 42.11% this month alone. Over the same period, GS rose 43.74% and SK…...
Chiliz Enters US College Sports With First Fan Tokens, Launches Five
11+ hour, 59+ min ago (175+ words) Blockchain-based sports-finance project Chiliz has launched the first fan tokens in US college sports. In a blog post published July 25, Chiliz said it partnered with sports marketing company Playfly Sports to introduce the first fan tokens tied to the US…...
Bloomberg Says Trump Family Crypto Business Is Biggest Obstacle to Clarity Act
12+ hour, 5+ min ago (231+ words) The Clarity Act, a bill that has become a top focus for the crypto industry, is running into headwinds because of the Trump family's digital-asset business, Bloomberg reported on July 25. Democrats are pushing for stronger ethics rules to prevent President…...