Hana Financial Group, in collaboration with Dunamu, has successfully completed a proof-of-concept for a blockchain-powered foreign remittance service. According to NS3.AI, the test involved replacing traditional SWIFT messaging with Dunamu's GIWA Chain blockchain for transfers between Hana Bank's domestic and overseas branches. Hana Financial Group aims to establish a foreign remittance infrastructure using deposit tokens by the third quarter of 2024.

South Korean President Lee is scheduled to visit Singapore and the Philippines from March 1 to March 4. According to Jin10, this visit aims to strengthen diplomatic ties and explore potential economic collaborations between South Korea and these Southeast Asian nations. The trip underscores South Korea's commitment to enhancing regional partnerships and fostering mutual growth opportunities.

South Korea's KOSPI index opened on a downward trend on February 27, with a decline of 111.62 points, marking a 1.77% drop to 6195.65 points. According to Jin10, this decrease reflects ongoing market concerns impacting investor sentiment. The opening figures suggest a cautious approach by investors amid broader economic uncertainties. The KOSPI's performance is being closely monitored as market participants assess potential implications for the regional economy.

Real estate investors are optimistic about the potential for increased demand for office space, driven by a combination of supportive government policies and the rapid growth of artificial intelligence companies. Bloomberg posted on X, highlighting the belief that these factors will contribute to a surge in the need for desk space. The business-friendly environment is seen as a catalyst for attracting AI firms, which are expected to expand their operations and workforce, thereby increasing the demand for commercial real estate. This trend is anticipated to have a significant impact on the real estate market, as investors position themselves to capitalize on the opportunities presented by the AI sector's expansion.

Japan's government has reported a 12.7% month-on-month decrease in the output of chip manufacturing equipment for January. According to Jin10, this decline reflects challenges in the semiconductor industry, which has been facing fluctuating demand and supply chain disruptions. The reduction in production could impact Japan's position in the global tech market, as chip manufacturing is a crucial component of technological advancement. Industry analysts are closely monitoring the situation to assess potential long-term effects on the sector.

After keeping crypto investors waiting for 3 days, on-chain sleuth ZachXBT finally made a massive revelation of insider trading being done within Axiom Exchange. However, roughly three hours before the investigation report came out, several newly created wallets made big money by placing bets. ZachXBT announced on February 23 that multiple employees abused internal data […] source: https://www.cryptopolitan.com/insiders-cashed-in-before-axiom-reveal-wallets-bagged-1m-on-polymarket/

FTX founder SBF recently shared insights on social media regarding the intersection of artificial intelligence and cryptocurrency. According to BlockBeats, he highlighted the potential challenges AI might face in utilizing cryptocurrencies for transactions. As AI systems like ChatGPT or Claude require more computational power, the question arises whether they will opt for traditional payment methods like wire transfers and credit cards or turn to cryptocurrencies. The traditional financial system presents inherent obstacles for AI payments, as AI lacks the necessary identification credentials such as passports, addresses, and social security numbers required for KYC (Know Your Customer) processes. In contrast, cryptocurrencies are inherently digital and permissionless, allowing AI direct access to blockchain, making them more suitable for AI transactions. SBF also proposed an alternative 'proxy model,' where each AI acts as an agent for a human, who completes the KYC process and assumes responsibility for the AI's actions. This model raises legal questions about accountability for AI behavior. Regardless of the approach, integrating AI with transaction and payment systems demands significant effort, either by leveraging digital and cryptocurrency foundations or relying on human 'masters' to manage AI's financial activities. The development of these systems has profound implications for the global landscape, particularly concerning the future of cryptocurrencies.

Japan's retail sales in January showed a significant increase, with a seasonally adjusted monthly rate of 4.1%, surpassing the expected 1.5% and recovering from the previous month's decline of 2.0%. According to Jin10, this growth indicates a strong rebound in consumer spending, reflecting improved economic conditions. The data suggests that the retail sector is gaining momentum, potentially contributing to the overall economic recovery in Japan.

Tokyo's core inflation rate has decreased to its slowest pace in over a year, influenced by Prime Minister Sanae Takaichi's utility subsidies aimed at reducing household energy expenses. Bloomberg posted on X, highlighting the impact of these subsidies on the inflation rate. The easing of inflation in Tokyo suggests that the government's measures to alleviate energy costs are having a tangible effect on the economy. This development comes as a relief to households facing rising living costs, providing some respite amid broader economic challenges. The slowdown in inflation may also influence future monetary policy decisions as the government continues to monitor economic conditions closely.

Japan's industrial production increased by 2.2% in January, according to Jin10. This figure, however, fell short of the anticipated 5.5% growth. The previous month's data showed a decline of 0.1%. The latest numbers indicate a recovery in industrial activity, although the growth rate did not meet market expectations. The data reflects ongoing challenges in the manufacturing sector, which continues to navigate global supply chain disruptions and fluctuating demand. Analysts suggest that while the increase is a positive sign, the lower-than-expected growth highlights the need for continued monitoring of economic conditions.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2980, providing you with the latest and fastest news on the digital currency and blockchain industry.

What ZachXBT has uncovered is not just one or two bad apples, but an entire orchard in dire need of thorough remediation.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Companies that were supposed to be "market makers" and "providing liquidity" were accused of front-running, manipulating national stock indices, and running daily algorithmic sell-off programs to trade assets tracked by their ETFs.

From 2025 to 2026, Ethereum appears to have officially embarked on a highly predictable and institutionalized pace of industrial upgrading.

Bitcoin is not just code; it is a social experiment shaped by countless participants.

The United States' exploitation of technological hegemony to seize global virtual assets is essentially aimed at maintaining its economic dominance and the status of the US dollar.

In the summer of 1858, a copper-core cable crossed the Atlantic Ocean, connecting London and New York.

A single quarterly settlement of $11.9 trillion: The size of the USDC is approaching half of the US GDP.

Samsung has unveiled the Galaxy S26 lineup, marketing it as the world’s first “agentic AI phone,” a device designed not just to answer prompts but to execute multi-step actions across apps on a user’s behalf.