Kevin Ricoy, founder of crypto media startup Allmight, has ignited a fiery debate in the Solana ecosystem after he wrote a scathing open letter urging the Solana Foundation to set a date for its shutdown. His remarks drew responses from figures like Jupiter’s Kash Dhanda and Solana Foundation’s Akshay BD, who stepped in to defend […]
Solana Foundation Faces Internal Critique Over Direction and Spending Read More »
The Ethereum Foundation (EF) has revealed a plan for the next stage of its Trillion Dollar Security (1TS) project. This follows an ecosystem survey conducted to identify the most urgent issues within Ethereum’s infrastructure. Wallet Security Standard In an August 20 blog post, the EF announced that the security initiative’s first actions will mostly target
Ethereum Foundation Rolls Out Next Phase of Trillion-Dollar Security Initiative Read More »
TL;DR Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals. Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July. Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading. Large Withdrawals and Whale Activity Ethereum (ETH)
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off? Read More »
The Ethereum Foundation (EF) has rolled out a new treasury strategy that aims to protect its ETH reserves with a 2.5-year runway while also targeting a 5% spending limit. The new plan prioritizes transparency, operational efficiency, and alignment with the blockchain’s long-standing values. In a June 4 blog post, the Foundation outlined plans to allocate
Ethereum Foundation Unveils New Treasury Strategy to Secure Its ETH Reserves Read More »
The Ethereum Foundation announced that it has fired some members of its research and development team. This move is part of a larger restructuring plan designed to address key protocol design challenges. Reorganization Efforts According to a Monday blog post, the Foundation has rebranded its Protocol Research and Development division under a new, simplified name,
Cardano Foundation, the non-profit organization behind the Cardano ecosystem, has unveiled its financial report for 2023, detailing its expenses across three major areas. Notably, the Financial Insights Report is the foundation’s first and part of its efforts to uphold the principles of transparency and openness. According to the report, the Cardano Foundation primarily spent most
Cardano Foundation Releases 2023 Financial Report, Unveils Expenses Across 3 Major Areas Read More »
[PRESS RELEASE – Boston, Massachusetts, September 11th, 2024] Hyperbridge sets a new benchmark for secure, scalable, and verifiable cross-chain communication, launching with the highest economic security in the market. The Web3 Foundation, in partnership with Scytale Digital, has led the seed funding round for Hyperbridge, a groundbreaking protocol poised to transform blockchain interoperability. This investment
A wallet associated with the Ethereum Foundation has transferred 92,500 ETH, worth $294.9 million, after being inactive for nearly 6.6 years. According to Lookonchain, these tokens have been held at the same address since 2017. The Transfer Details On-chain data indicates that the ETH was originally received from the Ethereum Foundation on September 1, 2015.
Ethereum Foundation Wallet Transfers Over $290 Million in ETH After 7 Years Read More »
Last updated: April 12, 2024 07:19 EDT | 1 min read TON Foundation has partnered with HashKey to support the “open network” and “increase access” to fiat on and off-ramps for Telegram wallet users in the Asia-Pacific Region. In an announcement, TON Foundation and HashKey said they will continue to work together to improve the
TON Foundation Partners with HashKey to Improve Telegram Wallet Access Read More »
Last updated: March 27, 2024 10:21 EDT | 2 min read The Near Foundation, which supports the Layer 1 Near Protocol, has announced that it now supports chain signatures. This advancement allows users to access multiple chains using their Near account, enhancing interoperability and user experience. Chain signatures and multichain transactions have been made possible
Near Foundation Introduces Chain Signatures and Multichain Transactions Read More »
