The highly anticipated preliminary injunction hearing in the WP Engine v. Automattic case took place yesterday at the Northern California District Court. Presiding Judge Araceli Martínez-Olguín made it clear that while she was “inclined to grant some sort of injunction,” WP Engine’s proposed version was “exceedingly vague” and “not particularly narrowly tailored.” …
Mint Blockchain Secures $1.35 Million Grant From Optimism Governance
Mint Blockchain, an Ethereum layer two (L2) network focused on non-fungible token (NFT) advancements, has been awarded 750,000 OP tokens ($ 1.35 million) in the 28th cycle of Optimism Governance grants. This funding aims to accelerate innovation within the NFT space and onboard new users to the platform. Optimism Awards Mint Blockchain $ …
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns
Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $ 230 million, internal and third-party investigations at Liminal identified a data discrepancy, though no security vulnerability was uncovered. The …
Momint Secures Grant from Dfinity Foundation for Global Blockchain Expansion
Momint, a Web3 startup, is poised for global expansion after securing a $ 50,000 grant from the Dfinity Foundation. This Swiss non-profit organization, known for its blockchain R&D, awarded the grant through the Internet Computer Protocol (ICP) Hub of Southern Africa. Momint plans to integrate ICP blockchain technology into its operations, enhancing its global …
Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers
The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $ 50,000 to $ 150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience and Censorship Resistance Maelstorm, an entity focused on Bitcoin’s technical development, …