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Gumi launches crypto fund, American Arbitration Association creates Web3 Panel, NHN develops blockchain strategy, and other Web3 news

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  • The American Arbitration Association has launched a Web3 Panel to handle blockchain and digital-asset disputes, featuring arbitrators with expertise in the complexities of crypto-related issues. (📰TradingView)
  • NHN is developing a strategy focused on blockchain, Web3, and digital assets, including a potential Korean won stablecoin business, while preparing to obtain a virtual asset service provider license. (📰bloomingbit)
  • A Binance smart money account, ESP bull, has reported over $2.4 million in unrealized losses, primarily from a BTC long position, while the crypto market shows signs of potential retracement. (📰blockchain.news)
  • Gumi is launching a ¥3 billion crypto fund in partnership with SBI Financial Services, focusing on Bitcoin and major altcoins, while preparing for future opportunities in the crypto ETF market. (📰Bitcoin Foundation)
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