Foundation – Coin HD

Cardano Foundation Releases 2023 Financial Report, Unveils Expenses Across 3 Major Areas

Leave a Comment / Cardano, Foundation / Avery Clarkson

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 […]

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Web3 Foundation and Scytale Lead $2.5 Million Seed Investment in Hyperbridge to Build the End-Game for Blockchain Interoperability on Polkadot

Leave a Comment / Foundation, Scytale / Admin

[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

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Ethereum Foundation Wallet Transfers Over $290 Million in ETH After 7 Years

Leave a Comment / Ethereum, Foundation / Avery Clarkson

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.

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TON Foundation Partners with HashKey to Improve Telegram Wallet Access

Leave a Comment / Foundation, Partners / Nisha

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

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Near Foundation Introduces Chain Signatures and Multichain Transactions

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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

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Aeternity Foundation Enhances Blockchain Ecosystem with Strategic Leadership and Partnerships

Leave a Comment / Aeternity, Foundation / Avery Clarkson

[PRESS RELEASE – Sofia, Bulgaria, February 6th, 2024] The Aeternity Foundation is making a strategic move to accelerate the growth of the æternity blockchain ecosystem. Under the leadership of Nikola Stojanow, co-founder of Aeternity, the Foundation is gearing up to integrate advanced strategies encompassing technology and marketing, aiming to synergize technological innovation with ecosystem development.

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Algorand Foundation CEO’s X Account Hacked

Leave a Comment / Algorand, Foundation / Nisha

On January 26, the Twitter account of Staci Warden, the CEO of the Algorand Foundation, was hacked. The breach was announced via an official post by the Algorand Foundation, cautioning the community against interacting with any links or responding to private messages from the compromised account to prevent potential asset theft. Hacker Urges Community to

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Near Foundation To Reduce Workforce By 40%

Leave a Comment / Foundation, Reduce / Nisha

Last updated: January 11, 2024 11:16 EST | 2 min read Source: Pixabay Non-profit organization Near Foundation has announced that it will reduce its workforce by approximately 40%. In a statement published on Thursday, the Near Foundation said it would cut around 35 employees after completing a recent review. The cuts are set to primarily

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Layer 3 Foundation Announces Testnet of Its P2P Yellow Clearing Network for Counterparty Risk Mitigation

Leave a Comment / Foundation, Layer / azlan90

[PRESS RELEASE – Paris, France, December 20th, 2023] Layer 3 Foundation, a pioneer in blockchain-based financial technology, has announced the launch of a testnet program for its Yellow Clearing Network, the first-ever decentralized clearing system. This initiative marks a significant step towards realising the foundation’s mission of decentralizing clearing and settlement processes to scale trading

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Bahamut Foundation launches Bahamut Grants program with a 10 mln $FTN fund.

Leave a Comment / Bahamut, Foundation / azlan90

Bahamut Foundation introduces its latest initiative, Bahamut Grants, marking a significant leap towards the journey of Web3 evolution. The available fund for the program is $10 million $FTN with a very flexible distribution. It’s important to note that Bahamut is the preferred blockchain platform of the Fastex Ecosystem, with $FTN as its native token. Bahamut

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