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Metaplanet said it scooped up another 463 Bitcoin on Monday, making it the first public firm to capitalize on the Bitcoin dip in August. Metaplanet snapped up another 463 Bitcoin on Monday, making it the first public company to capitalize on Bitcoin’s recent 5% dip over the weekend. The Japanese investment firm bought the Bitcoin…
Arguably, there was no other choice… The Busan International Film Festival has selected the latest wildly anticipated feature from Korean maestro Park Chan-wook to open its landmark 30th edition on Sept. 17. A black-comedy survival thriller starring Korean leading man Lee Byung-hun, Park’s 12th feature, No Other Choice, will have its world premiere in competition…
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction. Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to…
A Singapore-based deep tech startup called SixSense has developed an AI-powered platform that helps semiconductor manufacturers predict and detect potential chip defects on production lines in real time. It has raised $8.5 million in Series A bringing its total funding to around $12 million. The round was led by Peak XV’s Surge (formerly Sequoia India…
Janet Yang, the outgoing president of the Academy of Motion Picture Arts and Sciences, has found her next gig — and she’ll have some powerful partners by her side. South Korean entertainment powerhouse CJ ENM announced Tuesday that Yang, CJ Group chairwoman Miki Lee and Domink Ng, CEO of East West Bank, are joining forces to…
Japanese company Metaplanet cemented its status as the top non-US Bitcoin treasury with a 780 BTC purchase, bringing its total holdings to 17,132 BTC. Japanese investment company Metaplanet bought an additional 780 Bitcoin, reinforcing its position as the only non-US company among the top 10 corporate Bitcoin holders. The company disclosed the acquisition in a…
Chinese director Guan Hu’s WWII tentpole Dongji Rescue, a sweeping historical action drama based on the true story of the sinking of the Lisbon Maru — one of the deadliest maritime disasters of the Pacific Theater — is heading to European cinemas. British specialty distributor Trinity CineAsia acquired all regional rights to the film and will…
K-content powerhouse CJ ENM has established a wholly owned subsidiary in Riyadh, becoming the first Korean entertainment company to set up operations in Saudi Arabia. The new entity, CJ ENM Middle East, marks a significant milestone in what the company has declared its “first official year of global expansion,” coinciding with the group’s 30th anniversary…
South Korean AI chip startup FuriosaAI announced a partnership on Tuesday to supply its AI chip, RNGD, to enterprises using LG AI Research‘s recently unveiled EXAONE platform. RNGD is optimized for running large language models (LLMs) and just last week, the Korean tech giant LG unveiled its next-generation hybrid AI model EXAONE 4.0. The collaboration…
Gaming, daily purchases, and travel bookings emerge as the leading categories where Gen Z users strongly prefer cryptocurrency. Cryptocurrency payments are gaining prominence among numerous user cohorts for daily transactions and even high-value payments, signaling that digital assets are evolving beyond speculative tools. Gen Z users stand out in terms of daily transactions, with 36%…