Hwang Dong-hyuk, the creator of Netflix’s ‘Squid Game,’ draws parallels between the show’s billionaire VIPs and real-world figures like Elon Musk, who he says ‘control the world almost.’ The final season, released on June 27, depicts the ultra-rich abandoning anonymity to directly manipulate events, reflecting Hwang’s critique of growing oligarchic visibility. Musk’s $409.8 billion net worth—exceeding the GDP of multiple nations—and his contentious exit from Trump’s DOGE agency amplify the show’s themes. Meanwhile, Jeff Bezos’s $46 million wedding and South Korea’s political turmoil further inspired the season’s narrative on wealth and power concentration.
about Squid Game Creator Links VIPs to Real-World Billionaires Like MuskYoon Suk-Yeol
0 posts last weekSouth Korea’s New President Pushes Crypto Reforms
Lee Jae-myung, South Korea’s newly elected president, has vowed to implement significant crypto reforms, including legalizing Bitcoin ETFs and launching a won-pegged stablecoin to prevent capital flight. His election comes after a snap vote following the impeachment of former President Yoon Suk-yeol, who declared martial law. Lee, who previously experimented with NFTs in his 2022 campaign, aims to boost the economy with AI and semiconductor investments while advocating for a shorter workweek. Analysts warn that stablecoin implementation requires careful regulatory planning, given South Korea’s high crypto activity and capital outflows. Lee’s full inauguration is set for July 17.
about South Korea's New President Pushes Crypto ReformsSouth Korea’s Presidential Candidates Push for Crypto ETFs & Stablecoin
South Korea’s upcoming presidential election on June 3 will significantly impact the nation’s crypto industry, as both leading candidates—Lee Jae-myung of the Democratic Party and Kim Moon-soo of the People Power Party—have pledged to legalize spot crypto ETFs, ease regulations, and launch a won-pegged stablecoin. The election follows the impeachment of former President Yoon Suk-yeol over his controversial martial law proposal. With a pro-crypto stance dominating the race, South Korea’s digital asset market is poised for growth, offering investors and traders new opportunities in a more open regulatory environment.
about South Korea's Presidential Candidates Push for Crypto ETFs & StablecoinSouth Korea’s Presidential Hopefuls Woo Voters with Crypto Promises
South Korea’s upcoming snap presidential election has seen cryptocurrency emerge as a major campaign issue, with candidates courting younger voters through pro-crypto policies. The three leading contenders have proposed initiatives including legalizing spot Bitcoin ETFs and relaxing banking rules that currently limit fiat-to-crypto trading to just five platforms. The June 3 election was triggered two years early by the impeachment of former president Yoon Suk-yeol following his controversial martial law declaration in late 2024, which caused a political crisis despite being quickly overturned. As digital asset ownership spreads across generations, crypto policies are becoming a defining factor in the race.
about South Korea's Presidential Hopefuls Woo Voters with Crypto PromisesTop Trading Bots and Alternatives for Solana Cryptocurrency in 2024
The Solana trading ecosystem offers various automated trading platforms, including BullX, Maestro, and Trojan, each with unique features and fee structures. BullX focuses on educational resources and risk management, while Maestro operates via Telegram with advanced automation tools. Trojan provides comprehensive trading capabilities with MEV protection, catering to diverse trader needs.
about Top Trading Bots and Alternatives for Solana Cryptocurrency in 2024Upbit and Bithumb to Compensate Investors After Martial Law Outages
On December 3, 2024, martial law in South Korea led to significant disruptions for crypto exchanges Upbit and Bithumb, causing extensive downtimes as trading surged amid political unrest. In response, both exchanges have committed a total of $2.5 million in compensation to affected investors, marking one of the largest payouts in the country’s crypto history. Financial regulators are now focusing on improving exchange infrastructure to prevent future outages.
about Upbit and Bithumb to Compensate Investors After Martial Law OutagesSouth Korean Exchanges Compensate Users After Service Outages During Martial Law
South Korean cryptocurrency exchanges Upbit and Bithumb will compensate users after service outages caused by a sudden declaration of martial law on December 3, 2024. Upbit will pay 3.14 billion won ($2.1 million) for 596 cases, while Bithumb will compensate 377.5 million won ($262,000) for 124 cases. Financial authorities are now inspecting exchanges to ensure compliance with new operational measures to prevent future disruptions.
about South Korean Exchanges Compensate Users After Service Outages During Martial LawGlobal stocks mixed as US inflation data looms ahead
Global stocks showed mixed results ahead of key U.S. inflation data, with Germany’s DAX up 0.2% and London’s FTSE rising 0.8%. The S&P 500 and Dow futures were slightly higher, while Tokyo’s Nikkei dipped 0.1%. Concerns over inflation persist, influencing expectations for Federal Reserve rate cuts.
about Global stocks mixed as US inflation data looms aheadAsian Stocks Mixed Ahead of US Inflation Data and Earnings Reports
Asian stocks showed mixed results as investors awaited key U.S. inflation data that could impact Federal Reserve rate cuts. The Nikkei 225 rose slightly, while the Kospi remained stable amid political turmoil in South Korea. U.S. markets experienced modest gains, driven by lower-than-expected wholesale inflation, although concerns about rising Treasury yields and Big Tech stock declines persisted.
about Asian Stocks Mixed Ahead of US Inflation Data and Earnings ReportsAsian Stocks Mixed Ahead of Key US Inflation Data Release
Asian stocks showed mixed results as investors awaited key U.S. inflation data that could impact Federal Reserve rate cuts. Japan’s Nikkei rose 0.1%, while South Korea’s Kospi gained 0.2% amid political turmoil. In the U.S., the S&P 500 edged up 0.1%, driven by lower-than-expected wholesale inflation, although concerns over rising Treasury yields and disappointing earnings from major companies like Eli Lilly weighed on market sentiment.
about Asian Stocks Mixed Ahead of Key US Inflation Data ReleaseAsian stocks mixed as US inflation data looms ahead
Asian stocks showed mixed results as investors awaited key U.S. inflation data that could impact Federal Reserve rate cuts. The Nikkei 225 rose 0.1%, while the Kospi gained 0.2% amid political turmoil in South Korea. Wall Street’s recent performance was buoyed by lower-than-expected wholesale inflation, although concerns about persistent inflation and potential Fed actions have kept markets volatile.
about Asian stocks mixed as US inflation data looms aheadImpeached South Korean President Yoon Suk Yeol Arrested After Martial Law Attempt
South Korean authorities have arrested impeached president Yoon Suk Yeol, marking the first time a president has been taken into custody in years. Yoon was apprehended on January 15 for questioning regarding his controversial martial law ruling from December, which was overridden by the legislature shortly after its declaration.
about Impeached South Korean President Yoon Suk Yeol Arrested After Martial Law Attempt