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BREAKING01:36 AM
Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation↗
Alert01:36

Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation

Alert01:06

Lighter Spot Goes Live with ETH: Launch Details & Incentives

Gov01:05

X Terminates EU Commission Ad Account Citing Reach Manipulation

Alert00:54

Jupiter COO Admits 'Zero Contagion Risk' Marketing Was Inaccurate

Alert00:21

Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash

Crypto00:06

Spot XRP and Solana ETFs See Sustained Inflows; SOL Products Hit $638M Cumulative

Macro00:05

US Home Delistings Surge 28% to Highest September Level Since 2017

Crypto23:06

Paxos' Stablecoins (USDG & PYUSD) See Rapid Growth and Lead Major Market Cap Segment

Alert22:06

Justin Sun Alleges $500M Techteryx Fraud Scheme Involving FDT, Legacy Trust, and Vincent Chok

Crypto22:06

Aztec Network Concludes First CCA on Uniswap with $59M Committed; Settlement 59% Above Floor

Alert22:06

Kevin Hassett reportedly poised to be next Fed Chair; predicts rate cut

Macro22:06

US Market Share Volume Hits Record Highs Amid Retail Boom

Crypto22:06

Centrifuge Records $1.3 Billion Inflows with Sky Ecosystem Allocation

Crypto22:06

Rayls Labs Secures $1B Tokenized Credit Commitment for 2026 Mainnet

Crypto22:06

Base Network TVL Nears ATH as Armstrong Teases December 17 Update

Summary22:00

24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

Summary21:15

6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

Gov21:06

Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto

Crypto21:06

CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

Macro21:06

US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Alert

Naver and Upbit Reportedly Plan $7 Billion Investment in AI and Blockchain

11/27/2025, 04:18
11/27/2025, 04:36
AI SUMMARY
●Naver and Upbit operator Dunamu reportedly plan a $7 billion joint investment in AI and blockchain.
●The initiative follows reports of a significant strategic alignment between the South Korean tech giants.
●The capital will be used to secure leadership in next-generation technology sectors.
South Korean internet conglomerate Naver and Upbit operator Dunamu are reportedly preparing to invest approximately $7 billion into artificial intelligence and blockchain technologies. This significant capital allocation follows recent reports regarding a strategic mega-merger or alignment between the two entities. The investment aims to strengthen their strategic positioning in emerging technology sectors, leveraging the combined resources of the internet conglomerate and the crypto exchange operator. The funds are expected to be directed towards securing leadership in next-generation technology sectors, creating synergies between Naver's platform reach and Dunamu's fintech capabilities. [Update 1] Reports reaffirm that the planned investment amount is approximately $7 billion, specifically targeting AI and blockchain sectors as part of the post-merger strategy to expand their footprint in emerging tech.

Sources (2)

01@TheBlock__↗02The Block↗
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