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Avalanche Foundation Unveils its $200M Ecosystem Fund

Avalanche Foundation Unveils its $200M Ecosystem Fund

The Avalanche Foundation has unveiled its plans to fuel the growth of its ecosystem through Blizzard, a $200 million fund secured from its partners.

Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

The plans to compensate affected Terra users is still far from reality.

Mirana Ventures Invests $8 Million in Toncoin (TON)

Mirana Ventures Invests $8 Million in Toncoin (TON)

Mirana Ventures has launched a long-term partnership with TON Foundation, investing $8 million in Toncoin to drive mass adoption of token-governed technologies and collaborate with other blockchains.

Justin Sun: Tron Network is Holding 3000 Bitcoin

Justin Sun: Tron Network is Holding 3000 Bitcoin

Tron network, a blockchain-based decentralized operating system, is hosting 3,000 Bitcoin (BTC) configured as BTCTRON, according to its CEO and founder Justin Sun.

Klaytn Foundation and Matter Labs Collaborate to Advance Layer 2 Technology Integration

Klaytn Foundation and Matter Labs Collaborate to Advance Layer 2 Technology Integration

Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era.

Bitcoin Could Protect Americans Because ‘It Can’t Be Made from Nothing’: Kevin Roberts

Bitcoin Could Protect Americans Because ‘It Can’t Be Made from Nothing’: Kevin Roberts

The Heritage Foundation President said that Bitcoin can improve the financial security of U.S. citizens, as "Bitcoin is the biggest destructive innovation in a positive sense that can protect the American people."

Algorand Foundation Faces $35M Losses from Exposure to Hodlnaut

Algorand Foundation Faces $35M Losses from Exposure to Hodlnaut

The losses at Algorand relate in part to exposure to Hodlnaut. The firm said it is pursuing a legal approach to recover such losses from Hodlnaut.

IOTA Launches Austria State-Backed Christian Doppler Laboratory for Blockchain Research

IOTA Launches Austria State-Backed Christian Doppler Laboratory for Blockchain Research

The IOTA Foundation is joining the new research laboratory for blockchain technologies for the Internet of Things (IoT) as an industrial partner.

Sui Network Redirects Additional 40M SUI, Totaling 157 Million

Sui Network Redirects Additional 40M SUI, Totaling 157 Million

The Sui Foundation has redirected an additional 40 million SUI tokens towards ecosystem and community development, adding to the previous 117 million SUI, making a total of 157 million SUI. This reallocation aims to bolster the DeFi ecosystem of Sui Network, which has shown a significant uptick in total value locked, marking over 100% increase in the last two months. The initiative follows a series of remarkable achievements by Sui, underscoring its commitment to fostering a robust ecosystem for decentralized applications and financial protocols.

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla

Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.

Wormhole Foundation Launches STIP Grant with 1.8M ARB to Boost Arbitrum Ecosystem

Wormhole Foundation Launches STIP Grant with 1.8M ARB to Boost Arbitrum Ecosystem

The Wormhole Foundation's STIP Grant, funded by a 1.8M ARB grant from Arbitrum DAO, incentivizes USDC migration to Arbitrum to enhance liquidity and network growth.

NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting  Blockchain Innovation in Africa

NEAR Foundation Sets Up a Regional Hub in Kenya, Boosting Blockchain Innovation in Africa

NEAR Foundation has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community, to trigger talent development, education, and blockchain innovation on African soil.

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