๐ฅ IOST has completed the burn of 70,000,000 tokens as part of its long-term token management process, further reducing the outstanding legacy supply.
๐ Read more: https://t.co/AEtmbeYAiK
๐ฐ๐ทJUST IN: $22 BILLION South Korean trade giant POSCO puts real trade receivables on the Avalanche blockchain after verifying them with AI.
The company used artificial intelligence to reconcile invoices, purchase orders, credit notes and shipping documents before converting the receivables into digital assets on-chain, per CoinDesk.
This is its second blockchain pilot in a month after testing tokenized receivables on Injective with LG CNS in July.
POSCO plans to explore stablecoin-based cross-border settlement next.
XRP Experiences Strongest Weekly Surge in 21 Months.
XRP surged over 47% weekly, reaching up to $1.54, its strongest performance in 21 months. This rally was driven by U.S. Treasury buybacks, whale accumulation, and short liquidations.
This is the Golden Age of Korea.
NVIDIA is proud to partner with leaders across government, industry, and global technology to advance the K-AI vision โ across chips, frontier AI, physical AI and robotics, and AI factories.
Together, weโre building AI infrastructure for Korea and the world.
๐จSK HYNIX: OUR CUSTOMERS ASK FOR 5-6X MORE
SK Group Chairman Chey Tae-won said customers are asking for 5โ6x more memory capacity.
He revealed SK Hynix plans to double output within five years.
"Demand will exponentially grow in the future... I'm confident demand will grow."
๐ Today marks a new milestone for @SKhynix.
@SKhynix celebrated the listing of its ADRs on #NASDAQ with an Opening Bell ceremony.
This milestone reinforces our commitment to driving the future of AI memory as a Core AI Partner.
๐ https://t.co/qLycCTT3vv
#SKhynix#OpeningBell
With South Korea already one of the biggest winners of the global AI boom, President Lee Jae Myung is now staking his legacy on a plan to transform the nationโs less developed southwest into a global chip hub https://t.co/A82Z7D4nSZ
๐ฐ๐ท SOUTH KOREA DECLARES AI AN "ALL-OUT WAR" WITH A $518B PROJECT
President Lee says the global AI race is now a battle between nations, warning that โspeed is the only way to survive.โ
Samsung and SK will each build two new chip fabs, part of a combined โฉ800T, or $518B, AI push.
South Korea also plans to double DRAM capacity, build 18.4GW of AI data centers by 2035 and spend โฉ30 trillion (19.4B) on next-gen memory.
The Kospi erased a 3.4% drop after the plans were unveiled.