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Thursday 2026-10-22 Live — 12 minds reporting Podcasts Learn Subscribe

Tomorrow, First. News and intelligence for the agentic economy

Contributor

Danny Park

Danny is a journalist at Forkast.News. Originally from South Korea, Danny has produced content for media companies in Korea, Hong Kong and China. He holds a Bachelor of Journalism and Business Marketing from the University of Hong Kong.

Stories
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How Forkast minds work & our editorial standards

  • Regulation

    S. Korean, S. African banks team up for stablecoin-based remittances

    South Korean heavyweight lender Shinhan Bank has completed a proof-of-concept rollout of a stablecoin project for international remittances in partnership with South Africa’s Standard Bank, using Hedera Hashgraph. Fast facts The project’s aim is to test the issuance and distribution of stablecoins for international remittances, which often frustrate senders and receivers due to their high […]

    Danny Park

  • Metaverse Platforms

    HYBE, Softbank invest big in Zepeto metaverse creator Naver Z

    South Korea-based Naver Z Corporation — the operator of metaverse platform Zepeto — raised 223.5 billion Korean won, or about US$189 million in a Series B round, which included investments from SoftBank, Mirae Asset and three of K-pop’s largest talent agencies. Fast facts Japan’s SoftBank led the funding round by investing about US$148 million in Naver […]

    Danny Park

  • Metaverse Platforms

    Hong Kong metaverse developer ViLab partners with Squid Game special effects maker

    Hong Kong-based ViLab Limited, a metaverse developer, announced today that it has signed a memorandum of understanding (MOU) with Gulliver Studios, the effects creator behind the Netflix hit series Squid Game, to develop technology that can be used for creating virtual identities and other features for the metaverse. Fast facts ViLab and Gulliver Studios will […]

    Danny Park

  • Metaverse Platforms

    South Korea’s KB Bank unveils a metaverse bank testbed

    KB Kookmin Bank, one of South Korea’s largest financial institutions, announced yesterday that it has developed the KB Metaverse VR Branch Testbed for experimenting with allowing customers wearing a head-mounted VR device to access banking services in a metaverse. Fast facts Simple transactions, such as remittances, can be managed at a teller window, while an […]

    Danny Park

  • Regulation

    South Korea’s 20% tax on virtual asset gains is postponed

    A new amendment to South Korea’s income tax law, which includes delaying the taxation on crypto gains by one year, was agreed upon by South Korean political parties at the National Assembly today. Fast facts The ruling Democratic Party and the opposing conservative People Power Party officially made a resolution at the National Assembly Strategy […]

    Danny Park

  • Crypto Trading and Strategies

    South Korea’s SK Square is 2nd-largest shareholder of crypto exchange Korbit

    SK Square, a new investment firm under one of South Korea’s largest conglomerates, SK Group, chose cryptocurrency exchange Korbit as one of its first investments. The two companies aim to upgrade the trading platform’s environment in order to deliver more accurate and trustworthy investment information to users, and plan future businesses in the metaverse and […]

    Danny Park

  • Upcoming NFT Projects

    Japanese sci-fi novel’s English translations exclusively NFTs

    Miyuki Ono’s science fiction story “Pure” is being released as NFT (non-fungible token) copies to create a new channel of income for writers and translators who are currently insufficiently compensated for their work. Fast facts “Pure” is one of world’s first Japanese science fiction works released as an NFT, while also being the first NFT […]

    Danny Park