ChainCatcher message, the Core Foundation announces the appointment of Abdoulaye Ndiaye as a research advisor, whose extensive background in economics and public policy closely aligns with the mission of the Core Foundation.Professor Ndiaye serves as an Assistant Professor of Economics at NYU Stern School of Business, specializing in macroeconomics, public finance, and income inequality. His research addresses key economic issues that resonate with Core's commitment to promoting economic sustainability.

ChainCatcher news, the Core Foundation announces the launch of the funding program "Core Commit Program". This is a 3-month program aimed at incentivizing developers to participate by providing expert guidance, resources, and direct access to over 100 venture capital firms.According to the project progress, $25,000 worth of CORE tokens will be distributed monthly to 10 teams. The entire program offers a total of $75,000 worth of CORE tokens.

According to ChainCatcher news, the Core Foundation has announced the launch of a dual staking model (Bitcoin and CORE). This new model is built on the innovative non-custodial Bitcoin staking implemented by Core, which acts as a Bitcoin bond layer, establishing a risk-free interest rate for Bitcoin. It further advances the coordination between Bitcoin and the Core blockchain.With this upgrade, Bitcoin stakers will have the opportunity to stake Bitcoin and its CORE tokens to earn higher interest rates. Bitcoin holders can continue to stake their Bitcoin to receive a basic risk-free interest rate, while holders of CORE tokens can earn a "dual staking rate." Dual staking is expected to further solidify Core's transformation of Bitcoin from a mere store of value into a secure, income-generating asset.It is reported that Core launched the pioneering non-custodial Bitcoin staking in April 2024, allowing Bitcoin holders to earn returns without relinquishing ownership of their tokens for the first time. Currently, 5,000 Bitcoins (approximately $310 million at the time of writing) have been staked in Core, earning a risk-free interest rate.

ChainCatcher news, DeFi Technologies subsidiary Valor has partnered with Core Foundation to launch a yield Bitcoin (BTC) ETP, providing investors with a Bitcoin investment opportunity with a yield of 5.65% and a management fee of 1.9%. The Valor Bitcoin Staking (BTC) SEK ETP generates returns by delegating Bitcoin to validators on the Core chain through non-custodial, native Bitcoin staking. The staked Bitcoin earns staking rewards in the form of CORE tokens, which are then reinvested into the product.

ChainCatcher news, according to CoinDesk, the Core Foundation has announced the establishment of an innovation fund with a scale of $5 million to advance the decentralized application ecosystem in India on the Core Chain. The fund aims to enhance the capabilities of the Web3 community, strengthen education, and provide support for founders and builders in India.It is reported that the Core Chain operates on a consensus mechanism called "Satoshi Plus," which combines Delegated Proof of Work (DPoW) and Delegated Proof of Stake (DPoS).