Gate News Bot news, on July 17th, according to CoinMarketCap, as of the time of writing, KAIA (Kaia) is currently priced at $0.17, having risen 9.08% in the last 24 hours, with a high of $0.17 and a low of $0.15. The current market capitalization is approximately $1.006 billion, an increase of $83.8 million compared to yesterday. Kaia is a new public chain formed by the merger of Klaytn and Finschia blockchains, aimed at providing a Web3 gateway for Asian users. Kaia features a 1-second block time and instant confirmation, supports account abstraction and fuel fee payment, and is integrated with instant messaging applications such as LINE and Kakaotalk, offering developers and users a convenient blockchain experience. Important news about KAI recently: 1️⃣ **KAI launches a Korean won-pegged stablecoin, promoting

ChainCatcher news, Lair Finance announced that it will become the first DeFi protocol integrated with the Korean Won (KRW) stablecoin on Kaia, and will be the first to build a dedicated KRW yield vault (KRW Vault). The KRW stablecoin is jointly promoted by South Korean tech giants Kakao and LINE, marking an important move in the on-chain finance sector. After the announcement, 12

BlockBeats news, on September 5th, the Kaia Foundation stated that the Kaia Blockchain's official browser Kaiascan has been launched. Users can search for Blockchain data through Kaiascan, such as fungible Token (FT), Non-fungible Token (NFT), Block, and on-chain transaction information. In addition, Kaiascan also provides information on governance committee members to enhance ecosystem transparency and promote user participation. Kaiascan also plans to launch Open API (OAPI) services.

Gate News bot message, Kaia officially released the v2.0.2 related notification, this version includes a Hard Fork upgrade, resulting in changes that are not backward compatible. All Mainnet nodes must upgrade to v2.0.2 or higher before the target Block Height. Kaia network v2.0.x introduces Consensus Liquidity (CL) and Gas abstraction (GA) features, to enhance the usability of Fungible Tokens in consensus security contribution and Money Laundering payment. In addition, several Prague EIPs have been introduced to improve the EVM-based dApp development experience.

Finschia and Klaytn have decided to merge Mainnet, and FNSA Token and governance will transition to Kaia Mainnet. FNSA inflation will stop on August 26, 2024, and the unbonding time will be reduced from 7 days to 1 hour. Finschia users can convert tokens through the Kaia portal, and the foundation will provide at least 12 months of exchange services. The voting cycle will be changed to 3 hours. Kaia Mainnet will go live on August 29, 2024.

KaiaDLT Foundation is established in Dubai International Financial Center and Abu Dhabi Global Market, and KaiaMainnet will go live on August 29, 2024. Kaia is an Open Source, transparent, and permissionless public chain, suitable for everyone.

Golden Finance reported that the market shows that KLAY has fallen more than 6% in the past two hours, and it is now trading at $0.1419. The market has experienced significant fluctuations, please be prepared for risk control. Earlier news, a South Korean court has issued an arrest warrant for Kim, the founder of Kakao.

Jinse Finance reported that the first layer blockchain Kaia officially launched its Mainnet last Thursday. The project is a collaboration between Kakao and LINE, the messaging giants in South Korea and Japan, and is a merger of the first layer blockchain Klaytn and Finschia, which they previously launched. Kaia Builder will draw on Telegram's TON blockchain strategy to create native dApps that can be directly integrated into the LINE communication program using a trap available SDK and API.