News linked to both this project and an event.
Odaily News: SK Hynix's stock price has recently seen a pullback. On August 3, the stock fell 8.79%. Although it rebounded slightly by 0.64% and 5.77% on August 4 and 5 respectively, it plunged another 10.37% on August 6, closing at 1.495 million KRW; on August 7, it dropped a further 4.88%, closing at 1.422 million KRW.Against the backdrop of heightened market volatility, SK Group released an advertisement quoting founder Choi Jong-gun’s famous saying: "Despair and hope are two sides of the same coin; you can turn despair into hope as easily as flipping your palm," and adapted it to: "Unease and anticipation in the AI era are also two sides of the same coin; you can turn unease into anticipation," thereby conveying confidence in the long-term development of the AI industry.Securities institutions believe that short-term stock price fluctuations have not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership and the earnings stability brought by long-term supply agreements (LTAs). Specifically:1. Hyundai Motor Securities expects SK Hynix's DRAM and NAND bit growth to reach 9.7% and 1.5% respectively in the third quarter. As HBM4 sales contributions expand, even with a higher proportion of LTAs, DRAM average selling prices (ASP) are still expected to rise 19.9% quarter-over-quarter. Companies such as OpenAI and Anthropic are advancing plans to build their own hyperscale AI data centers and intend to raise funds for related construction through IPOs. Even if some large tech companies adjust capital expenditures (Capex) in the future, this could be offset by demand from other AI infrastructure. Additionally, regarding competitive concerns over China's CXMT, given the U.S. continued tightening of semiconductor equipment export restrictions, as well as Micron's expansion of domestic U.S. investment, the likelihood of major companies like Apple adopting Chinese memory chips is relatively low.2. SK Securities is also bullish on SK Hynix's competitive advantages, believing that with its leading position in HBM, partnerships with major North American GPU companies, and AI-driven LTA demand, SK Hynix's market position remains solid. Currently, the HBM supply-demand fulfillment rate is below 70%, and the core value of LTAs lies in ensuring profit sustainability and earnings stability through a "mutual binding structure" between customers and suppliers. With value-reassessment initiatives such as an ADR listing progressing, along with dividend income from the sale of SPC assets related to Kioxia, the company's goal of achieving net cash of 100 trillion KRW may be reached earlier than expected. As shareholder return policies gradually become clearer, this will help the market re-evaluate the value of the LTA model and drive a further re-rating of SK Hynix. (Daum)
According to the official announcement, Upbit will list BSB trading pairs against KRW, BTC, and USDT.
According to the official announcement, Bithumb will list the BlockStreet (BSB) KRW trading pair.
According to the official announcement, Upbit will list CAP trading pairs against KRW, BTC, and USDT.
Odaily News With the end of the "Quiet Period" following SK Hynix's U.S. ADR listing, the market has begun to focus on whether the company will introduce shareholder return policies, including a stock split. Among these, the possibility of a "split" against the backdrop of high stock prices has become a key topic of discussion. Recent sentiment circulating in the Korean market suggests that SK Hynix may follow the precedent set by Samsung Electronics, promoting a stock split after continued share price gains to lower the per-share price and expand participation from individual investors. However, such claims have not yet been officially confirmed by the company.Park Seok-hyun, Deputy Head of the WM Products Division at Woori Bank, stated on YTN Radio on the 5th that there is "currently no clear basis" for an SK Hynix stock split, but it "cannot be considered entirely impossible." While SK Hynix's current par value is relatively low and whether there is room for another split is debated, a stock split is not completely out of the question as the share price continues to rise.He noted that following the listing of SK Hynix's ADR on the U.S. market in July, newly listed companies typically undergo a "quiet period" of about 25 days, during which major policy changes are rarely announced. That period ended on August 4th."The end of the quiet period means SK Hynix has entered a phase where it may announce important financial policies. The recent uptick in market discussions about stock splits and dividend increases may be linked to this timing," Park said.Market observers believe SK Hynix's current stock price is already at a high level on the Korean exchange. As of the close on the 5th, the company's stock was trading at 1.668 million KRW per share, a relatively high unit price. If a stock split were implemented in the future, it could lower the investment threshold and boost trading activity among retail and overseas investors.Additionally, Park noted that SK Hynix's profitability has improved significantly in recent years, and the company may also strengthen shareholder return policies in the future, including raising dividend levels. If such policies materialize, they could further increase interest from U.S. market investors in its ADR.However, SK Hynix has not yet made any official announcements regarding a stock split or adjustments to its dividend policy, and market speculation still awaits confirmation from the company's board and official sources. (Daum)
Odaily News: Samsung plans to add native stablecoin features, including fiat-pegged savings and payment accounts, to 800 million new Galaxy smartphones through Samsung Wallet, with the functionality potentially covering tokens such as USDC. The plan is based on Samsung's existing crypto wallet infrastructure and the nearly 19 million Samsung Wallet users in South Korea. Samsung intends to integrate payments, rewards, and digital assets into a single ecosystem across 61 countries. Samsung holds a $408 million stake in Dunamu, the operator of Upbit, and is advancing its digital asset infrastructure strategy. As South Korea drafts its Digital Asset Basic Act, Samsung's initiatives encompass support for both USD- and KRW-denominated stablecoins.
According to the official announcement, Bithumb will list the QUID/KRW trading pair.
According to the official announcement, Upbit will list QUID KRW, BTC, and USDT trading pairs.
According to the official announcement, Bithumb will list META2 and USDG KRW trading pairs.
According to the official announcement, Upbit will list HOME KRW and USDT trading pairs.
According to the official announcement, Upbit will list CFX KRW, BTC, and USDT trading pairs.
According to the official announcement, Upbit will list META2 KRW, BTC, and USDT trading pairs.
According to the official announcement, Bithumb will list the O KRW trading pair.
According to the official announcement, Upbit will list RLUSD trading pairs against KRW, BTC, and USDT.
According to the official announcement, Bithumb will list the BANK/KRW trading pair.
According to "Digital Assets", South Korean blockchain platform WEMIX released an official announcement on July 27, acknowledging a security incident involving its stablecoin WEMIX$ (WEMIX Dollar) smart contract. The incident occurred at 6:18 PM on July 26, when the owner permissions of the WEMIX$ smart contract were hijacked, resulting in approximately $6.25 million (approximately 87 million KRW) worth of WEMIX$ being abnormally minted and transferred to external addresses. WEMIX stated that it has identified the addresses suspected of being used in the attack and is conducting on-chain tracking, while collaborating with major exchanges and blockchain security agencies to monitor the flow of stolen assets, and will cooperate with law enforcement agencies if necessary.
According to Upbit's announcement, South Korean crypto exchange Upbit will list Euler (EUL) on the Korean Won (KRW) market on July 26 at 12:00 (KST), supporting deposits and withdrawals on the Ethereum network. Within approximately 5 minutes after trading opens, buy orders and some sell orders will be restricted; within approximately 2 hours after opening, only limit orders will be supported. Euler is a decentralized finance lending protocol based on Ethereum, allowing users to create lending markets and deposit or borrow assets. Euler v2, launched in 2024, adopts a modular Vault structure, supporting users in building lending markets based on different assets and risk preferences, and can be extended to scenarios such as RWA, synthetic assets, and NFTs. The EUL token is primarily used for governance, Fee Flow bidding, and reward mechanisms.
Upbit announced that it will list MORPHO on the Korean Won (KRW) market on July 25, with deposits and withdrawals supported only on the Ethereum network. Restrictions on buying, selling, and order types will be implemented during the initial trading period.
According to the official announcement, Bithumb will list the DRV KRW trading pair.
According to official news, Bithumb will list the ICNT/KRW trading pair.