According to Odaily, Ethereum co-founder Vitalik Buterin outlined the network's advancements and future vision at Devcon 2024 in Bangkok, focusing on decentralization, scalability, and inclusivity. In his keynote speech, Buterin described Ethereum as the "world computer," serving as a foundational platform for a diverse digital economy. He emphasized its role in fostering a globally decentralized economy that supports a vast on-chain ecosystem.
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Last week, Bitcoin surpassed the resistance levels of $73,000 and $75,000, breaking through its previous high consolidation zone and returning to its upward trend line after eight months. This development is seen as the official start of the second half of the crypto bull market. As a result, Ethereum (ETH) achieved a weekly gain of 29.52%, and various altcoins also experienced significant increases.
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According to Odaily, the Bank of Korea has recently signed an agreement with the Ministry of Science and ICT (MSIT) and the Financial Services Commission (FSC) to test the feasibility of a Central Bank Digital Currency (CBDC) and tokenized deposits. This initiative follows a September report indicating that the Bank of Korea is preparing to conduct a tokenized deposit trial involving approximately 100,000 participants. The trial, which was officially announced a year ago, aims to integrate wholesale CBDC for interbank settlements.
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