SEOUL, June 27 (Korea Bizwire) — South Korean Olympic bobsleigh medalist Won Yun-jong will be among 11 candidates running for the International Olympic Committee (IOC) Athletes’ Commission election next year. The IOC on Friday unveiled the final list of candidates for the election, which will take place during the Feb. 6-22 Winter Olympics in Milan [...]
VICTORIA, Seychelles, June 27, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, is now the most liquid platform for altcoins within the 0.3–0.5% price interval, as per reports released by CoinGecko analyzing centralized exchange (CEX) liquidity across key digital assets. This finding comes from a comparative study of order book depth across [...]
SAN SALVADOR, El Salvador, June 27, 2025 (Korea Bizwire) – Bitget Wallet, the leading non-custodial Web3 wallet, is advancing its PayFi initiative by exploring the integration of QR code technology into decentralized payment systems. This ongoing research marks a significant step in demonstrating how self-custodial wallets can bridge the gap between traditional financial infrastructure and the [...]
SEOUL, June 26 (Korea Bizwire) — President Lee Jae Myung on Thursday nominated a former Supreme Court justice as the new chief of the Constitutional Court, the presidential office said. Former Supreme Court Justice Kim Sang-hwan was picked to replace then acting court chief Moon Hyung-bae, who retired in April. Lee also tapped Oh Young-joon, [...]
SEOUL, June 26 (Korea Bizwire) — The government convened a consultative meeting with the private sector Thursday to discuss the development of quantum technology amid an intensifying global race to secure a future game changer across economic and security domains, the finance ministry said. The consultative body, led by the Ministry of Economy and Finance, [...]
VICTORIA, Seychelles, June 26, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, has released its June 2025 Proof of Reserves (PoR), revealing a total reserve ratio of 199%, an increase from 192% in May. This continued rise shows the platform’s ability to maintain a reserve well above the industry-standard 1:1 ratio, effectively [...]
SEOUL, June 26 (Korea Bizwire) — Hanwha Aerospace Co. said Thursday it has signed a 623.2 billion-won (US$459.3 million) follow-up contract with the state defense procurement agency to supply engines for South Korea’s next-generation KF-21 fighter jets. The agreement with the Defense Acquisition Program Administration (DAPA) builds on a previous engine supply deal worth 556.2 [...]
SEOUL, June 26 (Korea Bizwire) — FIFA has informed the South Korean football federation that it respects the national body’s decision to let a local club off the hook following a registration mishap, officials here said Thursday. In addition, FIFA left the door open for the punishment of Gwangju FC of the K League 1 [...]
SEOUL, June 26 (Korea Bizwire) — The Supreme Court is set to deliver the final verdict on Samsung Electronics Co. Chairman Lee Jae-yong next month, as he was acquitted in both the first and second trials on charges related to a 2015 merger case, sources said Thursday. The ruling, scheduled for July 17, comes four [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s central bank said Thursday it will sell up to 7.2 trillion won (US$5.31 billion) worth of monetary stabilization bonds (MSBs) in July. The planned issuance represents a 600 billion-won increase from a month earlier, according to the Bank of Korea (BOK). As policy tools devised to absorb [...]