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Orbs, an Israeli startup developing a hybrid blockchain complementing and scaling base-layer protocols such as Ethereum, has raised a “seven-figure” US dollar investment from Kakao Investment, the venture arm of the leading South Korean Internet conglomerate Kakao. Orbs said on Thursday that the new capital will be used to...
Ground X, the blockchain subsidiary of South Korean’s Internet firm Kakao, has announced the launch of the testnet version of Klaytn, a platform that intends to “improve the inconvenient UX of existing blockchain platforms by allowing end-users to experience blockchain technology in the most seamless way.” Ground X said on...
Dunamu, the company behind South Korea’s cryptocurrency exchange platform Upbit, announced on Monday that it is allocating as much as KRW 100 billion (US$93 million) to invest in blockchain technology in the next three years. In particular, the Kakao-backed company said it will invest in blockchain startups tackling areas...