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Chiliz, Klaytn Tokens Surge Over 10% on M&A Hopes, Bitcoin Listless
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
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(Shaurya Malwa/CoinDesk)
Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply.
(Shaurya Malwa/CoinDesk)

Klaytn booth at Token 2049. (Shaurya Malwa/CoinDesk)
S. Korean Crypto Project Klaytn Will Offer Gas Fee Rebates to Gaming Firms
The Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
Klaytn booth at Token 2049. (Shaurya Malwa/CoinDesk)

Klaytn's funding aims to support industry research in a program led by two of Asia’s highly ranked technology schools. (Noah Buscher/Unsplash)
Korean Blockchain Project Klaytn Commits $20M to Blockchain Research
The funding program will support research led by two of Asia’s most highly ranked technology schools.
Klaytn's funding aims to support industry research in a program led by two of Asia’s highly ranked technology schools. (Noah Buscher/Unsplash)

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Korea's First Bank Joins Messaging Giant Kakao's Blockchain Governance Council
Shinhan joins a number of existing council members including LG Electronics, Binance and Worldpay, among others.
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