South Korea Budgets $880 Million for Tech Including Blockchain
The South Korea government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.
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CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s Next
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Blockchain Data-Availability Project Celestia’s Foundation Raises $100M
Celestia Foundation, the team behind the Celestia blockchain network, said Monday that it has raised $100 in a fundraising round led by Bain Capital Crypto. The news comes as as Celestia's native token, TIA, is down 54% since the beginning of 2024, according to CoinMarketCap. Celestia had one of the hottest airdrops of 2023, issuing

Ethereum Is Testing Code for Its Next Hard Fork
Ethereum developers are already implementing code that's set to be activated in Constantinople, the network's next system-wide upgrade.

Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
Fnality, a fintech firm building tokenized versions of major currencies collateralized by cash held at central banks, has raised $95 million (£77.7m) in Series B funding led by Goldman Sachs and BNP Paribas.DTCC, Euroclear, Nomura and WisdomTree participated in the round, which also saw further commitment from a number of banks that backed Fnality’s $63m

Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse
Bitcoin Web3 wallet Xverse has raised $5 million in a seed round led by noted industry investor Jump Crypto. The new funding will help the company accelerate development of advanced features related to decentralized finance (DeFi) and Stacks, Lightning and other Bitcoin scaling solutions.Hong Kong-based Xverse supports Ordinals, a method of generating non-fungible tokens (NFT)…

Bitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPO
Bitmain co-founder Jihan Wu is stepping down from his role as part of his settlement with Micree Zhan.Bitmain co-founder Jihan Wu (CoinDesk archives)Jan 26, 2021 at 3:37 p.m. UTCBitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPOThe power struggle within Bitmian’s leadership has finally come to an end as co-founder Micree Zhan…

Valid Points: CoinDesk’s Ethereum 2.0 Validator Is Officially Staked
Ethereum developers met Tuesday to compare research on the eventual merge of Eth 1.x and Eth 2.0((IhorM/Shutterstock))Feb 3, 2021 at 12:33 p.m. UTCUpdated Feb 3, 2021 at 1:09 p.m. UTCValid Points: CoinDesk’s Ethereum 2.0 Validator Is Officially StakedAfter two months of hard work, time and effort, we’re pleased to say the CoinDesk Ethereum 2.0 validator…

Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas
The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.Feb 17, 2021 at 3:22 p.m. UTCUpdated Feb 17, 2021 at 3:32 p.m. UTCMastercard Launches Prepaid Card for World’s First CBDC in BahamasPeople in the Bahamas now have the option of loading the country’s central bank digital currency (CBDC) onto a prepaid…