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SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports


The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...

Closure of Solana Foundation’s Tour de Sun 22 program


Tour de Sun 22, an initiative organized by the Solana Foundation, has been slated to conclude on March 31, 2024. In its place, a testnet incentive program with a more restricted scope will be implemented. The Solana Foundation will continue to contribute to its evolution and security with...

Avalanche Foundation Discloses First Batch of Meme Coin Holdings


The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of...

Avalanche Foundation announces its first five community coin holdings


The Avalanche Foundation made public its plan to buy community coins that are part of the Avalanche blockchain network towards the end of 2023. This continuous endeavor is part of the Foundation’s larger Culture Catalyst program, which aims to support the growth of Web3 producers, stimulate...

Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund


Arbitrum Foundation proposes a $400 million gaming catalyst fund to the DAO for community endorsement, aiming to invigorate its blockchain gaming ecosystem over two years. The post Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund appeared first on Cryptonews

Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility


In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets...

TON Foundation enters partnership with Fireblocks and DWF Labs


TON Foundation has entered into a partnership with Fireblocks and DWF Labs. The announcement was shared on the official X account of TON. The tweet read that the parties will join forces to bring secure and advanced direct custody technology to the general public. The move will make Web3 more...

The Tensor Foundation sets the path for the TNSR token


The Tensor Foundation has laid down its planned path regarding the TNSR token in the form of a tweet. It is a growing business that backs the eponymic Solana NFT marketplace. The foundation was set up in 2022 and, ever since, has remained in a competitive spirit with Magic Eden, an NFT site,...

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