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Avalanche Foundation Launches $290 Million ‘Multiverse’ Incentives Program for Subnets
10.3.2022
The Avalanche Foundation has announced a new incentives program to support the use of subnets. The organization announced that the program, dubbed “Multiverse,” will connect developers with a fund of up to $290 million, approximately 4 million AVAX, to incentivize the growth...
Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation
9.3.2022
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With...
Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In
7.3.2022
Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that...
Fantom FTM's Loss Eases as Foundation Soothes Investor Concerns
7.3.2022
Fantom ecosystem tokens and value locked on DeFi protocols have dipped in the past 24 hours
Brantly Millegan Remains a Director of ENS Foundation After Failed Attempt to Boot Him
7.3.2022
Millegan was removed as a steward from the DAO and the True Names Foundation, but remains a director at the ENS Foundation
Dogecoin Foundation registers name and logos as trademarked within in the EU
3.3.2022
The foundation took action to prevent, "attempts by people completely unaffiliated with Dogecoin to register" the names for reasons of fraud and extortion, according to board member Jens Wiechers
Former ENS director of operations may remain at foundation after voting against his own removal
3.3.2022
“We can't let someone who is bigoted about a marginalized community stay the figurehead of a large web3 organization,” said ENS user healingvisions.eth
How behavioral tokenomics could facilitate the creation of a circular economy
3.3.2022
Cointelegraph tech reporter Tom Farren visited Imperial College London to gain firsthand insight into its joint project with Iota and the potential use cases for DLT in the environmental space
Vote to Remove Brantly Millegan From ENS Foundation Likely to Fail
2.3.2022
Millegan was previously removed as a steward of the DAO behind Ethereum Names Service, and the Singapore-based True Names Foundation
Binance Donates $10 Million to Support Ukrainians, Launches Crowdfunding Initiative
1.3.2022
Binance, the biggest cryptocurrency exchange by trading volume, has announced a series of humanitarian aid actions it will take to support Ukrainians. The exchange stated it will donate a minimum of $10 million to help the Ukrainian people through the Binance Charity Foundation. Binance also...
Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’
1.3.2022
An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from...
LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea
25.2.2022
PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment...
Luna Foundation Guard Raises $1Bn to Save UST Dollar Peg
24.2.2022
The LFG (Luna Foundation Guard) recently raised over 1 billion dollars in its private token sale. The NPO was established with the aim to boost the development of the Terra framework. Now, the organization will use these funds to secure the peg of UST against market fluctuations. As the primary...
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
23.2.2022
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve —...
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
22.2.2022
The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin
Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
22.2.2022
Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset "less correlated to the Terra ecosystem."
American Truckers Are Planning a Convoy to Washington, Group Raises Over $100K
19.2.2022
While the Canadian government and Prime Minister Justin Trudeau try to quell the demonstrations in Ottawa by sending police to the encampment on Friday, a United States version of the Canadian trucker’s Freedom Convoy called the “People’s Convoy” is underway. According...
US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’
18.2.2022
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot...
Cardano Foundation Doubles Reward Offered to Hackers for Uncovering Bugs on Its Blockchain
18.2.2022
The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which runs until March 25, 2022, is part of an ongoing attempt to keep “its...
Video Game History Foundation Goes Off On Nintendo's 'Destructive' Retro Policies
18.2.2022
Nintendo’s decision to close its Wii U and 3DS stores has been met with widespread criticism, not for the closures themselves—this always happens to old hardware—but for the way it has once again reminded the world of how terribly Nintendo handles access to its back catalogue, easily the most...