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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...
Internet Horror Legend Sees Incredible Reimagining After Over A Decade Of Tensions
16.2.2022
The SCP Foundation—the grassroots, collaborative, creepypasta-adjacent writing project that largely inspired 2019 third-person shooter Control—recently removed the image associated with its first and most popular entry, prompting artists to reimagine the monster at the center of one of...
Youtube Seeks Web3 Director With Experience Trading Crypto, According to Recent Job Listing
16.2.2022
Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with...
Clesson Co. Ltd: The Operating Company of LABEL Foundation Receives $2 Million Equity Funding From Groom Investments and eBEST Investments & Securities
14.2.2022
PRESS RELEASE. Clesson, the operating firm of the LABEL Foundation, has received an extra $2 million in equity funding from eBest Investments & Securities and Groom Investments to advance the Web 3.0 NFT infrastructure for musicians, fans, and content producers and boost the revolution in...
13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin
11.2.2022
13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source implementation of P2P currency” introduced the e-cash system to the members of...
EOS Network Foundation reveals plans to pursue a $4.1B lawsuit against Block.one
10.2.2022
ENF Founder Yves La Rose says that they are planning “to seek $4.1B in damages” against the EOS creators
Algorand Welcomes Waivlength with Foundation Grant
10.2.2022
The lack of a socializing platform is one of the drastic downsides that keep the crypto space from coming to the mainstream. Despite having been backed by fervent communities, many upcoming projects are not able to direct this great force towards this growth. But Algorand seems to have found just...
Ambrosus Core Launches a $10 Million Developer Grant to Scale Its Open-Source Blockchain Ecosystem
10.2.2022
PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions...
Opensea’s All-Time NFT Sales Volume Crosses $20 Billion
9.2.2022
Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales...
LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0
3.2.2022
PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it does beg the question as to what the future of this sector will […]
Crypto.com Inks Multi-Year Deal With LeBron James and His Education-Focused Nonprofit
28.1.2022
On Friday, the digital currency exchange Crypto.com announced the company has inked a multi-year partnership with LeBron James and the LeBron James Family Foundation (LJFF). The crypto trading platform notes that the partnership will bolster things like “educational empowerment,”...
RALLY Receives Grant From Algorand Foundation
27.1.2022
The latest recipient of the grants offered by the Algorand Foundation is the RALLY which has got the financial support from the foundation in order to develop the NFT marketplace for endurance athletes. This particular attempt will result in an entirely new ecosystem through which the conversion...
Eth2 is no more after Ethereum Foundation ditches name in rebrand
26.1.2022
“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated