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23:24
Bank of Korea: Samsung strike is expected to drag down South Korea's GDP growth rate by 0.5 percentage points
The Bank of Korea estimates that this strike could cause production losses in the semiconductor industry amounting to 30 trillion KRW; it is also expected that after the strike ends, it will take about three weeks for production lines to return to normal. Earlier this month, the South Korean government asked the central bank to assess the economic impact under various scenarios, and this report was subsequently compiled. The report makes predictions based on the following scenario: if labor negotiations break down, Samsung will launch an 18-day strike starting on May 21.
23:07
Overview of Important Overnight Developments on May 19
12:00 (UTC+8) - 21:00 (UTC+8) Keywords: US SEC, OpenAI, Ondo, Space X1. The US SEC plans to introduce an innovative exemption for tokenized stock trading2. Trump says he will postpone military strikes against Iran3. Judge dismisses Musk's lawsuit against OpenAI and its CEO Altman4. An exchange CEO assisted law enforcement in securing 5 convictions through blockchain forensics5. Sources: The US will extend the Russia oil sanctions waiver by 30 days6. Ondo: Tokenized stock TVL surpassed $1.5 billion, with top asset concentration at about 25%7. Playground Global completed a $475 million venture capital fundraise8. Space X officially launches a "1-for-5" stock split plan
23:05
The total liquidation amount in the crypto market reached 855 million dollars within 24 hours.
The crypto market saw liquidations totaling 855 million US dollars in the past 24 hours, with long positions accounting for over 741 million US dollars in liquidations. (Cointelegraph)
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