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Tron Foundation Contests SEC Lawsuit Over Jurisdictional Overreach

Tron Foundation Contests SEC Lawsuit Over Jurisdictional Overreach

Tron Foundation moves to dismiss an SEC lawsuit, claiming the U.S. regulator oversteps its authority by targeting foreign digital asset offerings.

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains

ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains

ENS Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.

UXLINK Secures Over $9M in Funding

UXLINK Secures Over $9M in Funding

UXLINK, a Web3 social platform, secures $9M funding led by OKX Ventures, Web3Port Foundation, and HongShan, for its bi-directional social networking approach, marking global confidence in its innovative model.

Transition to PoS will Improve Ethereum Efficiency 2000 Times: Ethereum Foundation

Transition to PoS will Improve Ethereum Efficiency 2000 Times: Ethereum Foundation

A greener future is expected on the horizon for Ethereum, thanks to the PoS consensus mechanism, which increases the network's efficiency 2000 times more.

IOTA’s Next Generation Wallet—Firefly: What New Features to Expect

IOTA’s Next Generation Wallet—Firefly: What New Features to Expect

Firefly, the new wallet comes with a range of improvements that will transform IOTA into an enterprise-ready protocol.

DFINITY Foundation (ICP) Joins Blockchain Security Alliance

DFINITY Foundation (ICP) Joins Blockchain Security Alliance

DFINITY Foundation joins the Blockchain Security Alliance, enhancing global blockchain security. The alliance, with 42 members, focuses on collaboration and innovation.

Fantom Foundation Retorts Andre Cronje's Publicized Exit from Crypto

Fantom Foundation Retorts Andre Cronje's Publicized Exit from Crypto

The Fantom Foundation has issued a statement to address what it termed as “factual inaccuracies” from Rekt, with respect to the exit of superstar developers, Andre Cronje and Anton Nell from the decentralized finance and crypto ecosystem as a whole.

Ethereum developers chose eight updates for Shanghai

Ethereum developers chose eight updates for Shanghai

The Shanghai update comes after the Merge and proof-of-stake consensus. Beacon Chain staked ETH will be unlocked, permitting withdrawals. Shanghai testnet launched Oct. 18.

Digital Assets Outfit Archax Raises $28M in Series A Funding Round

Digital Assets Outfit Archax Raises $28M in Series A Funding Round

FCA-approved Archax Exchanges raises $28M in Series A

Sui Foundation Allocates Over $1M to 17 Emerging Projects

Sui Foundation Allocates Over $1M to 17 Emerging Projects

The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.

NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment

NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment

The NEAR Foundation has announced a 40% reduction in its workforce, impacting 35 team members, as part of a strategic realignment to focus on high-impact activities and further decentralize the ecosystem. Despite this change, the Foundation maintains strong financial health and a commitment to advancing key areas in the Web3 space.

Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn

Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn

The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.

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