This week, the Dydx Foundation revealed it has secured a $ 30 million allocation from the Dydx Chain Community Treasury. This financial infusion is designated to extend the foundation’s operational capacity by an additional three years, facilitating the execution of the project’s strategic roadmap. Community Treasury Allocates $ 30 Million to Dydx Foundation …
Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation
After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $ 4.2 million” of the compromised assets. Teng elaborated that Binance is committed to “support[ing] Ripple in their investigations,” indicating ongoing collaboration. New Binance CEO Discusses Freezing $ 4.2 …
Stellar Development Foundation Votes to Delay Protocol 20 Upgrade Amid Bug Concerns
The Stellar Development Foundation wishes to put a hold on the upcoming Protocol 20 upgrade of the Stellar blockchain network, originally scheduled for January 30. This decision follows the discovery of a bug that could impact the Soroban smart contract transactions. Stellar Development Foundation Wants to Hit Pause on Protocol 20 Upgrade Due to Critical […]
Ethereum Foundation Reveals Finalized Dencun Upgrade Timeline
In a recent announcement by the Ethereum Foundation, the Ethereum blockchain network is set for a major enhancement through the introduction of Dencun. The foundation elaborated that Dencun is scheduled to launch on the Sepolia network at epoch 132,608 on Jan. 30, 2024, and will subsequently activate on the Holesky network at epoch 29,696 on […]
Near Foundation Cuts Staff by 40%, CEO Says Organization Is in Good Financial Health
The NEAR Foundation recently said it has let go of 35 workers as part of a realignment exercise that sees it “focus on a narrower and higher-impact set of activities.” The foundation’s CEO insisted that the job cuts did not in any way indicate that his organization was facing financial challenges. The NEAR Foundation’s Record-Breaking […]