foundation
Ethereum Foundation Brings Blockchain to UNICEF
The Ethereum foundation team made a series of donations to the United Nations Children's Fund (UNICEF), in a move considered both charitable and good for blockchain adoption.
Liberland Aid Foundation Launches Cryptocurrency Fundraising Program
The Liberland Aid Foundation (LAF), the humanitarian arm of the Free Republic of Liberland, now accepts donations via cryptocurrencies like Bitcoin. The LAF relies on the core philosophies of freedom, voluntarism, and charity to guide its program.
IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.
Rainforest Foundation Uses Crypto to Protect the Brazilian Amazon
An announcement was made regarding a campaign to fight against the deforestation of the Brazilian Amazon with the aid of the cryptocurrency community. The Rainforest Foundation has developed its own crypto – Bitseed in 2014 and has been embracing cryptocurrencies for years.
Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?
Following the technical underpinnings of Polkadot in Part 1, Jack Platts, Head of Collaborations Web3 Foundation reveals their effort towards the goal of decentralized web! He also explained the governance and technical challenges in achieving a decentralized web!
The Electric Coin Company Officially Passes Zcash Trademark to Zcash Foundation
The Electric Coin Company (ECC) stated that it is officially passing the Zcash trademark registration and protection to the Zcash Foundation by signing a contract.
IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework
IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.
IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data
Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.
Human Rights Foundation Chief Strategy Officer: Bitcoin Saves Lives, Increases Freedom and Gives Hope
Alex Gladstein, the CSO of the Human Rights Foundation blasted a reporter who called Bitcoin the “perfect Ponzi”, explaining that BTC crypto creates freedom and gives hope.
The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance
The Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.
Libra Faces Competition as Celo Foundation Hands Out First Grants Expanding the Use of its Platform
Libra has been facing some competition as the Celo Foundation has awarded its first grants of $700,000 in total to 13 projects that expand the use of its platform.
Litecoin Foundation Partners with Cred to Let Crypto Holders Earn Interest
Litecoin Foundation has announced a partnership with Cred to begin offering interest on Litecoin held as collateral. Cred customers can freeze their coins with Cred and earn up to 10% annual interest on their digital assets.
Web3 Foundation Claims DOT is a Piece of Software and Not a Security
Web3 Foundation has made a conclusion based on SEC terms that Polkadot is not a security
Provenance Blockchain Foundation Names Morgan McKenney as CEO
McKenney brings over 20 years of professional experience to the Provenance Blockchain Foundation. The appointment of the banking executive is aimed to enable Provenance to expand its business among financial businesses that need blockchain services.
Mythical Games Unveils Mythos Foundation DAO, Mythos Token to Democratize Web3 Gaming
Mythical Games enlisted 22 partner companies and several big-name advisors in an effort to bring decentralization to Web3 gaming through the launch of the foundation and the token.
Mercado Bitcoin, Stellar Team Collaborate on Brazil’s CBDC Project
Mercado Bitcoin and the Stellar Development Foundation will explore the possibility of developing CBDC solutions to meet Brazilian future payments needs in a digital economy.
Greyp Teams Up with Blockchain Entities for Automated Payment System
Greyp, a Croatian mobility tech startup and electric bike manufacturer, has partnered with two blockchain firms, the Energy Web Foundation (EWF) and slock.it, to establish an automated payment structure for IoT vehicles.
Avalanche Foundation Unveils its $200M Ecosystem Fund
The Avalanche Foundation has unveiled its plans to fuel the growth of its ecosystem through Blizzard, a $200 million fund secured from its partners.
Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes
The plans to compensate affected Terra users is still far from reality.
Mirana Ventures Invests $8 Million in Toncoin (TON)
Mirana Ventures has launched a long-term partnership with TON Foundation, investing $8 million in Toncoin to drive mass adoption of token-governed technologies and collaborate with other blockchains.
Justin Sun: Tron Network is Holding 3000 Bitcoin
Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.
Klaytn Foundation and Matter Labs Collaborate to Advance Layer 2 Technology Integration
Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era.
Bitcoin Could Protect Americans Because ‘It Can’t Be Made from Nothing’: Kevin Roberts
The Heritage Foundation President said that Bitcoin can improve the financial security of U.S. citizens, as "Bitcoin is the biggest destructive innovation in a positive sense that can protect the American people."
Algorand Foundation Faces $35M Losses from Exposure to Hodlnaut
The losses at Algorand relate in part to exposure to Hodlnaut. The firm said it is pursuing a legal approach to recover such losses from Hodlnaut.
IOTA Launches Austria State-Backed Christian Doppler Laboratory for Blockchain Research
The IOTA Foundation is joining the new research laboratory for blockchain technologies for the Internet of Things (IoT) as an industrial partner.
Sui Network Redirects Additional 40M SUI, Totaling 157 Million
The Sui Foundation has redirected an additional 40 million SUI tokens towards ecosystem and community development, adding to the previous 117 million SUI, making a total of 157 million SUI. This reallocation aims to bolster the DeFi ecosystem of Sui Network, which has shown a significant uptick in total value locked, marking over 100% increase in the last two months. The initiative follows a series of remarkable achievements by Sui, underscoring its commitment to fostering a robust ecosystem for decentralized applications and financial protocols.
Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.
Wormhole Foundation Launches STIP Grant with 1.8M ARB to Boost Arbitrum Ecosystem
The Wormhole Foundation's STIP Grant, funded by a 1.8M ARB grant from Arbitrum DAO, incentivizes USDC migration to Arbitrum to enhance liquidity and network growth.
NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting Blockchain Innovation in Africa
NEAR Foundation has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community, to trigger talent development, education, and blockchain innovation on African soil.
Ondo Points Program Launches
Ondo Foundation's new Ondo Points program and ONDO token unlock plan mark significant steps in community engagement and token utility in the DeFi sector.
Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High
The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.
TON Foundation Launches Open League with $115 Million in Community Rewards
TON Foundation kicks off the Open League Season 1, with $115 million in Toncoin rewards for community engagement and project growth on the TON blockchain.
Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions
Wintermute criticizes Near Foundation and Aurora Labs for failing to fulfill USN redemption commitments, resulting in significant unredeemed funds. Seeking legal recourse and remaining adversarial if resolutions fail.
Luna Foundation Guard Details About Depleted Reserve
The Terra blockchain as we know it has come to its end and post mortem analysis from the Luna Foundation Guard (LFG) shows the not-for-profit organization has almost used up its reserve as confirmed in a tweet shared early on Monday
Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion
Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.
Mysten Labs Announces Bullshark Quest 2 with 5M SUI Reward Pool
Mysten Labs launches Bullshark Quest 2 on July 28, 2023, offering a 5M SUI reward pool. Open to SuiFrens Bullshark or Capy holders, participants earn points via dApps engagement.
Arbitrum Foundation Launches its First Grant Program to Foster Ecosystem Growth
The Arbitrum Foundation has announced the launch of its inaugural grant program, marking a significant step towards fulfilling its mission of fostering ecosystem growth.
Bahamut Foundation launches Bahamut Grants program with a 10 mln $FTN fund
Bahamut Foundation offers 10 Mln $FTN for projects on Fastex Ecosystem blockchain platform, supporting POSA consensus, encouraging individuals, businesses, organizations, and researchers to pitch projects.
Stellar Development Foundation Invests in International Transfer Giant MoneyGram
Stellar Development Foundation (SDF) becomes a minority investor in MoneyGram during its go-private deal with Madison Dearborn Partners. This move strengthens SDF's role in MoneyGram's digital journey and fintech innovations.
Exclusive: Liberal Society Comes with Friendly Crypto Regulations
As a veteran lawyer in technology, Nathan Kaiser of Cardano Foundation shares his insights in identifying countries with friendly crypto jurisdictions. He also examined how different jurisdictions affect both on-chain and off-chain governance.
UK Regulator Examines AI Impact
The UK Competition and Markets Authority (CMA) is examining the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine their usage against key principles, including transparency and accountability. The review aims to help develop AI in ways that ensure open, competitive markets and effective consumer protection, with guiding principles for consumer protection and healthy competition to be produced. The findings are set to be published in September 2023.
Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation
The Golden Gate University School of Law has teamed up with Algorand Foundation to set up Blockchain Law for Social Good Center to eliminate regulatory scepticism.
Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research
With knowledge being a flywheel for Ethereum (ETH), the Ethereum Foundation has deemed it fit to explore the network’s potential through academic research.
Entities Holding Less Than 100 BTC are the Best Survivors amid LUNA's Liquidation
In a bid to salvage the LUNA and UST crash, the Luna Foundation Guard (LFG) liquidated 80,081 BTC, but these coins were received with open arms by entities holding less than 10,000 Bitcoins.
Web3 Foundation Announces Over $1.1M in Grants Under Wave 19 Program
The Web3 Foundation disclosed the conclusion of its 19th grant wave, allocating over $1.1 million to 33 projects to bolster the Polkadot ecosystem. The foundation marked its 600th grant and 1000th milestone, reflecting the growth and the fervor of the Polkadot developer community, now the second largest globally. This wave spotlighted grants enhancing smart contract capabilities on Polkadot’s ink! smart contracts, and core infrastructure improvements. The foundation continues to welcome new proposals, underlining its ongoing commitment to support the evolving Web 3.0 ecosystem.
G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
Uniswap Foundation Announces Grant Recipients for V4 RFPs
The Uniswap Foundation announced the winners of its first round of RFPs for Uniswap V4 on November 1, 2023. The projects include developing a Deposit Liquidity Widget, creating an open-source design package, compiling POC hook developer documentation, and researching malicious hook design space.
Internet Computer (ICP): Everything You Need to Know
After Internet Computer ICP tokens were listed on a number of leading cryptocurrency exchanges, its price even exceeded the maximum of $750, briefly surpassing Ripple, Dogecoin, and Cardano, and reached fourth place.
Tron CEO Justin Sun Denies Allegations of Third-Party Celebrity Promotions of TRX Cryptocurrency
Tron Foundation’s Chief Executive Officer Justin Sun has come forward publicly to address the allegations that he paid celebrities to promote Tron.
Solana Foundation Offers $400k Bounty for Critical Code Discovery
Jacob Creech announces a $400k bounty for discovering code that can halt Solana network, part of Solana Foundation's endeavor to ensure robust network security.
Uniswap Foundation Seeks $62.37M in Second Funding Tranche
The Uniswap Foundation has requested a second tranche of $62.37M in funding to continue its ecosystem development efforts. While the proposal outlines a comprehensive financial plan and future initiatives, some community members have raised concerns about the size of the funding request.
Web3 Hackathon on Astar sponsored by Toyota Motor Corporation
Toyota Motor Corporation, Japan’s largest conglomerate with over 330,000 employees worldwide, is sponsoring its first ever global Web3 hackathon. It has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees.
Bill Gates Denies COVID-19 Vaccine Microchips and Satanic Conspiracy Theories
Bill Gates, Microsoft Founder and billionaire philanthropist, has responded to conspiracy theories that his charity foundation is planning to use the coronavirus vaccine to implant microchips into the global population. The conspiracy itself appears to have started with a patent for a very innovative cryptocurrency mining system filed by Microsoft earlier this year.
NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case
The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.
Uniswap Foundation Seeks Additional $46.2M Funding for Next Two Years of Operations
The Uniswap Foundation initiates a governance proposal for an additional $46.2M funding to sustain its operations for the next two years. This follows a Temperature Check, ahead of an on-chain vote slated for October 12, 2023. The funds, converted based on a 30-day TWAP of UNI, are designated for grants and operational costs, among other strategic initiatives aimed at bolstering Uniswap's position in the DeFi sector.
Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021
Ethereum has announced a new way for its crypto community to get more involved for next year’s Devcon event.
Worldcoin Project Launches: Aiming to Democratize Economic Opportunity in the Age of AI
Worldcoin Foundation launches project to democratize economic opportunity in the AI era. The protocol includes World ID, Worldcoin token (WLD), and World App.
ADGM Launches Pioneering DLT Foundations Regime
Abu Dhabi Global Market's Registration Authority has introduced the Distributed Ledger Technology Foundations Regulations 2023, a global legislative framework designed to facilitate token issuance, promote governance, and drive transparency in the crypto sector.
Litecoin Mining Difficulty Hitting A New All-Time High Of 17.99 Million Hashes
Competition among Litecoin miners has reached a new record high as the network’s mining difficulty on Friday hit a new all-time high.
Algorand Foundation Joins Forces with Borderless Capital, Arrington Capital, and DWF to Invest in Pera Algo Wallet
The Algorand Foundation has made a strategic investment in Pera Algo Wallet, a self-custodial cryptocurrencies wallet on the Algorand blockchain, to support various Algorand wallets, and will host a live event to discuss the partnership.
Iota Floats Smart Contracts Beta with Zero Execution Fee
The Iota Foundation has launched its smart contract functionality which it said is now available in IOTA 2.0 DevNet.
Cardano Addresses Fake ADA Giveaway Claims on YouTube
Cardano CEO Charles Hoskinson has once again come forward to address the issue of cryptocurrency scams targeting his ADA empire and has been quick to refute any associations phishers made with the Cardano Foundation.
NVIDIA and NSF Launch Groundbreaking NAIRR AI Research Initiative
NVIDIA and the NSF partner to launch the NAIRR pilot, a major initiative to advance AI research in the U.S. by providing resources and promoting responsible AI innovation, strengthening America's global AI competitiveness.
Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions
The Avalanche Foundation has established an eligibility framework for purchasing meme coins, focusing on stability, security, and community engagement. This move aims to support projects that add value to the Avalanche ecosystem.
Ethereum’s Medalla Experiences Critical Bug, but Prysmatic Labs Says ETH 2.0 Launch Is Unaffected
One of the top client teams staking on Ethereum 2.0 testnet announced that the crash that recently occurred was a learning experience and was salvaged.
Tron Foundation Launches its "Just NFT Fund"
The Tron Foundation has launched its" Just NFT Fund" to help bridge the gap between artists and the NFT metaverse.
IOTA Launches Chrysalis Phase 1, One Step Closer to an Enterprise-Ready Blockchain
Chrysalis, also known as IOTA 1.5 is designed as an intermediate phase before its transition to IOTA 2.0, Coordicide.
Ukraine Military Foundation Allies Solicits Donations in Crypto
The “Return Alive” Foundation with close ties with the Ukrainian military is now soliciting funds in cryptocurrencies to support the army in these trying times.
AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud
In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.
TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit
While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?
Illia Polosukhin Appointed CEO to Lead NEAR's Open Web Drive
NEAR Foundation appoints co-founder Illia Polosukhin as CEO, marking a new phase for the NEAR Protocol, focusing on ecosystem growth and process optimization.
NFT Mania Slows with Tapering Transaction Volume on Top Marketplaces
NFT transaction volume is on the low, showing a broad disinterest in digital collectables.
Cardano (ADA) Spikes by 20% as Coinbase Pro Adds Support for ADA on its Platform
Cardano (ADA) will be made available on Coinbase Pro starting March 18, at 9 am Pacific Time.
Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling
The Ethereum Foundation suffered a Sandwich attack by an MEV Bot during a 1.7k ETH transaction on Uniswap V3, resulting in a $9,101 loss. The incident spotlights the rising menace of MEV exploits and underlines the necessity for enhanced security protocols in blockchain transactions.
Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai
The strategic partnership between Solana Foundation and DMCC Crypto Centre marks a significant milestone towards fostering a thriving Web3 ecosystem in Dubai. By offering technical and business development support, alongside educational initiatives, this alliance is poised to drive innovation and business scalability, further elevating Dubai's standing as a global hub for blockchain and Web3 technologies.
Cardano Blockchain to Stimulate Authenticity and Quality of Georgian Wine
To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardano blockchain.
EOS Network Foundation Urges Community to Reject $22 Million Block.one Settlement
The EOS Network Foundation urges the EOS community to reject a $22M settlement with Block.one over an ongoing class action, citing inadequate compensation.
Ethereum Gathers Cybersecurity Team Dedicated to ETH 2.0 Final Testnet Launch
With the launch of Ethereum 2.0 testnet set to be released today on August 4 at 1 pm UTC, the Ethereum Foundation has been looking to build a security team that will be responsible for maintaining ETH 2.0.
Reddit Invites Developers to Submit Ethereum Scaling Proposals for its Token Project
Popular social news aggregator, web content rating and discussion site Reddit invites developers to develop is Ethereum based Community Points
Sui Foundation Reallocates 117M SUI to Bolster Network Growth
Sui Foundation announces the reallocation of 117 million SUI tokens from external market makers to support the growth of its Layer 1 blockchain network, Sui. The move aims to bolster the network's DeFi ecosystem, which recently recorded its highest-ever total value locked (TVL) at approximately $37 million. The reallocation will not impact the circulating supply of SUI tokens.
Helium's HNT Token Lists on SwissBorg
The Helium Foundation has listed its HNT token on SwissBorg, expanding the Helium Network's reach to over 700,000 users, promoting decentralization and accessibility.
IOTA Foundation Announces Release Date of IOTA 1.5 Network Upgrade Chrysalis
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development announced today that the first phase of its Chrysalis upgrade will be live on August 19.
NEAR and Polygon Partner to Launch zkWASM
NEAR Foundation and Polygon Labs are collaborating on zkWASM, a zero-knowledge prover for WASM blockchains, to enhance interoperability with Ethereum and improve scalability and decentralization.
Near Foundation Launches New $100m Web3.0 Fund
Near Foundation, the Switzerland-based Non-Profit in charge of the Near Protocol has announced the launch of a new $100 million Web3.0 fund.
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 Domains introduces the EVM Gateway, an open-source platform enhancing interoperability between L1 and L2 chains, promoting a more connected and efficient blockchain ecosystem.
IOTA Creates Payment System Compatible With Any App or Game
A developer has revealed that IOTA, a distributed ledger protocol created by the IOTA Foundation, has been integrated into a payment system, which can be utilized in any app or game. Expressly, it functions seamlessly on all platforms, cush as Xbox one, WebAbb, Windows, Android, Playstation 4, Linux, and iOS, among others.
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
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
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 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
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
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
FCA-approved Archax Exchanges raises $28M in Series A
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
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
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.
Ondo Foundation Unveils ONDO Points and Token Unlock Plan
The Ondo Foundation introduces Ondo Points to enhance community engagement and proposes an unlock plan for ONDO tokens, advancing its mission in the DeFi space.
Starknet Foundation Establishes DeFi Committee to Boost Ecosystem
Starknet Foundation has launched a DeFi Committee to bolster its DeFi ecosystem. Chaired by six experts, the committee will strategize and implement an on-chain liquidity incentive program, marking a strategic move for Starknet in the DeFi space.
IOTA Network Increases its Speed by 20x Following its Relaunch a Few Months Prior
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the latest version of its node software, Hornet together with the IOTA community. The IOTA community has conducted a stress test that illustrated a stable network of over 150 nodes with over 650 confirmed transactions per second (TPS). This shows an increase in transaction throughput by a factor of 20, while Hornet is able to consume 10 times less memory under normal operations compared to its previous node software.
Hedera Council's Major HBAR Allocation Boosts Ecosystem and Governance
Hedera Global Governing Council allocates 4.86 billion HBAR ($408 million) for network development and decentralized governance, focusing on supporting existing initiatives and operational efficiency.
Stargate Foundation advised against reissuing STG token
Stargate Foundation has been advised against reissuing the STG token by its DAO due to concerns raised by FTX liquidators following the bankruptcy of FTX and Alameda Research's wallets being hacked for roughly $500 million.
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX's transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes.
DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption
DFINITY Foundation launches the ICP Asia Alliance and a $20 million fund on September 28, 2023, to accelerate Web3 and AI adoption in Asia. The alliance aspires to unite diverse stakeholders, foster innovation, and catalyze the growth of the Internet Computer blockchain across the region, underlined by the establishment of multiple ICP.Hubs and strategic partnerships.
Arbitrum Foundation and Fracton Ventures Ally to Boost Arbitrum Adoption in Japan
The Arbitrum Foundation has formed a strategic partnership with Fracton Ventures to launch Arbitrum Japan, aiming to accelerate blockchain technology adoption and expand the Arbitrum ecosystem in the country. This alliance is poised to generate new business avenues, especially in finance and entertainment sectors, and bolster community engagement through educational initiatives.
Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release
Ethereum Foundation is transforming their website and adding new designs to ethereum.org to deliver a more user-friendly and educational experience for the Ethereum community.
Wikimedia Foundation Has Suspended Crypto Donation on its Platforms
The Wikimedia Foundation has announced that it is going to suspend cryptocurrency donations across its wide range of platforms.
Al Jalila Foundation Sets the Ball as First Charity Organization in the UAE to Accept Crypto Donations
To bridge the gap between physical and digital currency regarding giving, Al Jalila Foundation has become the first healthcare charity in the United Arab Emirates (UAE) to accept crypto donations.