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Blockchain
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.

Multi-Blockchain Platform Geeq Receives $25M Capital Commitment From Investment Group GEM
The financing differs from traditional funding rounds in that the flow of capital depends on how Geeq performs.

Bank of America Says Blockchains Have Intrinsic Value, Citing Transaction Fees
The bank's report, however, noted that the fees on the Bitcoin and Ethereum chains have fallen this year.

US Tech Bill Creates White House Blockchain Adviser Role
Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president.

Bitcoin Maximalist Michael Saylor Makes the Case Against Ethereum
The MicroStrategy CEO cautioned that the "protocol doesn’t look like it's going to be completed or stable for another 36 months."

IMF Warning Shrugged Off; US Stablecoin Bill Race
The crypto market quickly rebounded after the International Monetary Fund (IMF) predicts increased recession risk. MicroStrategy shares fall after a Jefferies downgrade to ‘underperform’. Plus, venture capital funding is close to surpassing a 2021 record. And South Korean prosecutors slap ‘notification upon arrival’ on Terra’s Do Kwon. We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast, July 27.

Fantom to Fund Ecosystem Projects Using Portion of Burn Fees
A governance vote saw an overwhelming number of community members in favor of using one-third of Fantom’s burn fees to fund new projects.

Ken Moelis' Investment Bank Creates Group to Focus on Blockchain Deals
The New York bank, founded in 2007, is looking at crypto deals with more intent.
