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Bithumb (represented by CEO Lee Jae-won) will conduct a Bitcoin treasure hunt at the Gangnam Hanbok store on the 30th. On the 29th, Bithumb announced that it would once again hold the 'Find Bitcoin' Catchcash Challenge, which recently gained popularity in Seongnam. The Catchcash Challenge is a new type of participation culture that is gaining popularity mainly on SNS. It involves a game where hints about hidden money or items in specific areas are released, and people who see it search for and authenticate the items. This time, the Bithumb Catchcash Challenge has hidden 10 Bitcoin coupons worth 100,000 won each. The size of the items is the same as in the first round, and the location is planned to be expanded to the Gangnam Station area where Bithumb Lounge is located. Hints about the treasure location will be released as videos through the Bithumb YouTube channel. Images of the surroundings where the 10 treasures are hidden will be uploaded every 5 minutes from 18:30 to 19:15, and if you find the Bitcoin coupon hidden according to each hint, you win. If you visit the Bithumb Lounge Gangnam branch from 18:00 to 19:15 before the treasure hunt starts, you can receive a special hint. The Bitcoin coupons found through the treasure hunt can be used after registering with Bithumb. A Bithumb official said, "We are preparing various activities and events to break away from simply trading virtual assets and provide a virtual asset experience in everyday life as a brand," adding, "This event is also a new challenge by Bithumb to provide a new virtual asset experience to users."

Upbit announced on the 29th that the cumulative investment amount in the 'Coin Gathering' service reached 15 billion won, even though the service was launched less than three months ago. 'Coin Gathering' is an accumulation-type automatic investment service provided by Upbit, allowing users to place regular automatic orders on a daily, weekly, or monthly basis. Since the service was launched on August 13th, the investment amount exceeded 15 billion won in about 80 days. An average of 400 million won is being invested daily. Not only the investment amount but also the number of users is steadily increasing. The number of users who have experienced accumulation-type virtual asset investment through 'Coin Gathering' has exceeded 30,000. The number of order settings has also reached 60,000. As a result, the demand for the 'Coin Gathering' service is growing. To reflect users' opinions, additional hopeful coin subscription features were added. On October 7th, Solana was added to the list of virtual assets that can be invested in through 'Coin Gathering'. As a result, the virtual assets available for investment through 'Coin Gathering' include Bitcoin, Ethereum, Ripple, and Solana, totaling four types. Among these virtual assets, Bitcoin accounted for about 11.4 billion won, which is approximately 74%% of the total order amount, making it the largest. To establish a healthy and systematic virtual asset investment culture, the 'Coin Gathering' service imposes a maximum order amount limit. A single order can be applied for up to 1 million won, and the maximum order amount per virtual asset is 3 million won. A Dunamu official stated, "Investors who believe that virtual assets will rise in the long term are actively utilizing 'Coin Gathering' to respond to short-term volatility," adding, "We will actively listen to users' voices to provide a more diverse virtual asset investment experience and create a user-centered virtual asset investment culture."

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Enzo EMC Communication Interview AI Era GPU Accessibility Expansion Goal Providing Affordable and Transparent Technology with DPN Launch of Layer 1... "AI Specialized Platform to be Developed" Enzo Edge Matrix Chain Communication Officer is conducting an interview with Bloomberg on the 14th. /Photo=Jinwook Bloomberg Reporter "Artificial Intelligence (AI) is not just a simple trend. It is a technology that needs to be increasingly integrated into our lives. Edge Matrix Chain (EMC) aims to expand accessibility to graphics processing units (GPUs) through blockchain technology, allowing everyone to develop and use AI." Enzo EMC Communication Officer (Photo) stated this during an interview with Bloomberg on the 14th. EMC has recently been receiving significant attention in the Web3 space as a Decentralized Physical Infrastructure Network (DPN) project, aiming to solve the GPU bottleneck issue faced by AI developers with blockchain technology. In August, EMC secured a total of 20 million dollars in investment from investors such as Alpha Group and Polygon Ventures, and has outlined a structural plan for its development. "Expanding GPU Accessibility... Core Challenge of the AI Era" Since the generative AI 'ChatGPT' was introduced to the world in 2022, there has been a global trend of focusing efforts on AI development. However, many developers face the challenge of not being able to easily secure the necessary GPUs, i.e., computing power, for AI development. The representative GPU required for actual AI development, NVIDIA's GeForce RTX 4090, starts at around 3 million won. In the case of H100, used by big tech companies like OpenAI and Google, the price reaches several thousand won. This makes it difficult for non-big tech companies to easily start AI development. Enzo stated, "When AI gained attention in 2022, many, including myself, jumped into development, but startups realized that purchasing the necessary GPUs for development was practically impossible." EMC explained that DPN can solve such issues. Enzo said, "Many people are unaware that there are a significant number of GPUs not being used in the world," adding, "By sharing these through the cloud, we can provide computing power to as many developers as possible, facilitating the decentralization of AI development." This is similar to how car-sharing platforms temporarily provide unused cars to those who need them. Enzo sees decentralization as playing a crucial role in AI's advancement. He said, "We all use OpenAI's ChatGPT, but the reality is that we don't know what processes it goes through to provide the answers. Therefore, we need to guide unlimited competition to solve this. This is the mission of Edge Matrix." "DPN, Capable of Providing Affordable, Transparent, and Secure Services" The biggest advantage of DPN projects like EMC that provide GPU computing power is their affordable price. Many developers are already using GPU computing power rental services through the cloud. For example, Amazon AWS offers various GPUs for short-term rental, but the reality is that accessibility is reduced due to high prices. For instance, services providing H100 require reservations through bidding, and during peak times, prices can drop to several thousand won per day. Enzo explained, "Unlike centralized cloud services that always require purchasing GPUs, DPN does not require purchasing GPUs that are not used," adding, "This allows DPN to operate GPU rental services at a relatively affordable price." The performance of GPUs rented from servers is also a key feature of DPN, as it shows real-time performance and ensures safety through decentralization. Enzo explained, "If the performance of GPUs differs from expectations or issues arise, it is a big problem. We have made relevant information public so that users can analyze it," adding, "This user experience is also an advantage of EMC." EMC's recent launch of the H100 cluster is also noteworthy. Enzo emphasized, "The more high-performance GPUs there are, the greater the competitiveness of DPN. This is because it can solve both affordable prices and high-performance GPU computing power rental at the same time," adding, "This is what differentiates EMC from other DPNs." "A Specialized AI Platform for Everyone" Recently, EMC has been focusing on user expansion through the launch of Layer 1 blockchain. In three hubs, including GPU, Smart Contract, and EMC, developers aim to build, deploy, and expand modular AI applications more easily than existing blockchain technology. Enzo stated, "EMC is not a service limited to Web3. Anyone with a good idea can develop, deploy, and receive appropriate EMC tokens," adding, "We are also considering entering the Korean market. Korea is known globally as a technology-friendly country, with many developers and companies developing or wanting to develop AI," adding, "We expect them to gain opportunities for development through EMC."

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A Gambler Betting on Trump's Victory Raised $850 Million... "I Was Confident" A gambler named Im Gyeong, who bet on the US presidential election, reportedly raised about $1.195 billion with our money, equivalent to 850 million dollars. According to The Wall Street Journal (WSJ) and others on the 13th (local time), the gambler, known as 'Trump's Whale', created seven additional accounts on the Polymarket platform to bet on this US election. Polymarket is the world's largest betting site based on blockchain. Recently, it has become a hot topic as more people are betting on the US presidential election. One of the gambler's account names is 'Freddie 9999'. In the industry, he is called 'Trump's Whale'. This nickname was given as he bet a large amount of money on Trump's victory. It is known that the gambler holds 11 accounts on the Polymarket platform. It is said that he created seven of them just last month. Although the initial betting profit was known to be 48 million dollars, it is estimated that he actually raised 85 million dollars. The amount he bet is over 70 million dollars. Through the WSJ, the gambler said, "I reduced the size of my bets to ensure my safety and to minimize the confusion that could arise in my life if my identity were ever revealed," adding, "I had enough money and was confident in my analysis." He also stated, "There is nothing more to add. To be honest, I have become a little tired of all this. I want to return to normal life," he said. French regulators are investigating whether Polymarket is complying with local laws. Reporter Kim Dae-young from Hankyung.com

The National Assembly Planning and Finance Subcommittee, which is reviewing the tax law amendment proposal, was held on the 14th, but Democratic Party members declared non-participation, leading to the meeting being canceled. As a result, discussions on virtual assets (cryptocurrency) taxation are expected to be postponed. According to the industry, Park Soo-young, chairman of the Planning and Finance Subcommittee, stated that since the Democratic Party members of the subcommittee did not attend, the subcommittee will restart from tomorrow (15th). The subcommittee was scheduled to proceed with a total of seven sessions from today until the 25th, but as the subcommittee could not be held on the first day, the review is expected to proceed over six days. Consequently, discussions on virtual assets taxation have also been postponed to the next session. On the same day, the Democratic Party members' declaration of non-participation is seen as a reaction to the previous day's unilateral passage of the government's budget bill, which included a proposal to cut the budget by half for the next year. Democratic Party's Planning and Finance Committee member Jeong Tae-ho criticized, "Chairman Song Eon-seok and the People Power Party members communicated the entire agenda to the ruling party three minutes before the meeting, and handled the agenda in just 1 minute and 20 seconds without the opposition members, which is like a robbery."

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