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Sui Foundation Reallocates 117M SUI to Bolster Network Growth

Sui Foundation Reallocates 117M SUI to Bolster Network Growth

Sui Foundation announces the reallocation of 117 million SUI tokens from external market makers to support the growth of its Layer 1 blockchain network, Sui. The move aims to bolster the network's DeFi ecosystem, which recently recorded its highest-ever total value locked (TVL) at approximately $37 million. The reallocation will not impact the circulating supply of SUI tokens.

Sui Foundation Allocates Over $1M to 17 Emerging Projects

Sui Foundation Allocates Over $1M to 17 Emerging Projects

The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.

IOTA Foundation Announces Release Date of IOTA 1.5 Network Upgrade Chrysalis

IOTA Foundation Announces Release Date of IOTA 1.5 Network Upgrade Chrysalis

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development announced today that the first phase of its Chrysalis upgrade will be live on August 19.

NEO Joins .NET Foundation as the First Blockchain Member

NEO Joins .NET Foundation as the First Blockchain Member

.NET Core  is an open-source and cross-platform version of .NET that is maintained by Microsoft and the .NET community on GitHub and is now joining forces with crypto giants NEO.

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression

IOTA Price Hits Three-Year High as Foundation Announces New Acquisitions

IOTA Price Hits Three-Year High as Foundation Announces New Acquisitions

Although Bitcoin suffered a sharp correction, reaching a low of $53,000 yesterday, other cryptocurrencies such as IOTA (MIOTA) performed bullishly.

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world's first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.

NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case

NAC Foudation Accuses US SEC of Misleading Court in AML BitCoin Case

The legal battle between The NAC Foundation and the SEC is still far from over, and the Foundation argues that the SEC misled the court in its ongoing case against AML Bitcoin.

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

The Kin Foundation has disclosed that both itself and the cryptocurrency has survived the dispute with the US SEC.

Coinbase Partners with DustAid for Crypto Donations During Christmas

Coinbase Partners with DustAid for Crypto Donations During Christmas

A partnership forms between Coinbase and Dustaid, to donate Crypto to NSPCC, Little Edi Foundation, and Space for Giants.

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