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CATEGORY: foundation


Stabila Foundation Established to Expand Celo Stablecoin Ecosystem

Author: Shiela Bertillo
Philippines
Sep 06, 2024 02:50

Stabila Foundation Established to Expand Celo Stablecoin Ecosystem

The initiative aims to empower users and developers, drive financial inclusion, and strengthen the stability and utility of stablecoins on Celo.

Sep 06, 2024 01:25

Venezuelan Opposition Leader María Corina Machado Calls Bitcoin a Lifeline in Exclusive Interview

María Corina Machado, Venezuelan opposition leader, discusses Bitcoin as a "vital means of resistance" for Venezuelans suffering from hyperinflation under the Chávez and Maduro regimes.

Solana Foundation defends decentralization amid patch coordination claims

Author: Cointelegraph by Ezra Reguerra
United States
Sep 04, 2024 12:00

Solana Foundation defends decentralization amid patch coordination claims

Solana Foundations Dan Albert highlighted the networks distributed block-producing nodes, arguing that coordinating a patch does not mean centralization.

Sep 27, 2024 05:55

Pendle Foundation, BitMEX Co-Founder Moving PENDLE To BinanceWhats Going On?

PENDLE, the native token of Pendle, a real-world asset (RWA) tokenization platform, may be steady at press time. However, looking at CoinMarketCap data, the token is up 130X from its November 2022 lows and 41% from all-time highs registered in 2024. Whales Sending Tokens To Binance As prices cool off, there are emerging concerns. According [...]

The post Pendle Foundation, BitMEX Co-Founder Moving PENDLE To BinanceWhats Going On? appeared first on Crypto Breaking News.

Terraform Labs may close products, services in bankruptcy wind-down

Author: Cointelegraph by Derek Andersen
United States
Sep 26, 2024 12:00

Terraform Labs may close products, services in bankruptcy wind-down

Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with.

South Korean foundation to recover funds from defunct crypto exchanges

Author: Cointelegraph by Derek Andersen
United States
Sep 26, 2024 12:00

South Korean foundation to recover funds from defunct crypto exchanges

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

Bitget predicts TON de-Telegramization in the next 2 years

Author: Cointelegraph by Helen Partz
United States
Sep 25, 2024 12:00

Bitget predicts TON de-Telegramization in the next 2 years

TONs Toncoin cryptocurrency will likely outperform spot returns of Bitcoin in a bullish scenario in the coming years, Bitget predicted.

Sep 25, 2024 02:15

Celestia Foundation Secures $100M to Advance Modular Blockchain Technology


Celestia Foundation raises $100 million led by Bain Capital Crypto, aiming to scale modular blockchain technology. The funding will boost its rollup ecosystem and data throughput. (Read More)

Sep 22, 2024 12:05

Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: Whats Next For Ethereum?

Ethereum is rising, adding a decent 5% on the last day and nearly 10% over the past trading week, according to CoinMarketCap data. As ETH shakes off weakness, breaking above the local resistance– now support– at around $2,400, confidence is high. Over 150,000 ETH Moved To Exchanges All the same, IntoTheBlock data on September 20 reveals that when prices rose, breaking above $2,400, all within the last 24 hours, more coins were moved to leading exchanges, including Binance and Coinbase. According to the blockchain analytics platform, over 150,000 ETH were transferred to these platforms, a dent to bullish momentum and sentiment. Related Reading: XRP Price Surge Could Hit 9,470% Analyst Predicts $27 Target In Bold Forecast Typically, whenever coins are moved to exchanges, it could signal the intention of holders to sell. This is because, on centralized ramps like Binance or Kraken, ETH is paired with other crypto assets like Solana or Bitcoin and with stablecoins such as USDT and fiat, including the USD or JPY. Accordingly, when these assets hit these ramps, it is easier for holders to liquidate, convert the coin to other assets, or even cash out via fiat or stablecoin. It is still determined whether the over 150,000 ETH sent to exchanges have been sold. All the same, the transfer is also a concern. This is especially true considering that the transfer is the largest to exchanges in over nine months. Ethereum Breaking Higher, What’s Next? At spot rates, Ethereum is breaking higher. The local support is at $2,400. Moreover, buyers are in the driving seat following the confirmation of the September 13 bull bar. Although ETH bulls must close above $2,800 for trend definition, the short-term move supports bulls. If the coin closes above $2,800, it could set the base higher to $3,500 for another swing. Following the break above $2,400, Ethereum bull bars are already beginning to band along the upper BB. This development points to increasing volatility and build-up of buying pressure. Related Reading: BNB Rides Bullish Wave After 100-Day SMA Breakout, Next Stop $605? Amid this transfer, it is also emerging that the Ethereum Foundation is liquidating. Earlier today, Spot On Chain data shows they sold 300 ETH for over 763,000 DAI. Even so, this is not the first time the Foundation is unloading ETH. Over the past week, they have sold over 650 ETH. Feature image from DALLE, chart from TradingView

Securitize adds Wormhole for multi-chain RWA tokens

Author: Cointelegraph by Alex O’Donnell
United States
Sep 21, 2024 12:00

Securitize adds Wormhole for multi-chain RWA tokens

Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say. 

Sep 21, 2024 02:00

Ethereum Foundation sells 300 ETH as price hits $2.5k

The Ethereum Foundation has sold a total of 950 ETH worth over $2.2 million in the past three weeks On September 20, the non-profit sold 300 ETH for over $760,000 as Ethereum’s price rose to above $2,500 The Ethereum Foundation has once again dumped more Ether tokens, this time offloading 300 ETH worth more than […]

The post Ethereum Foundation sells 300 ETH as price hits $2.5k appeared first on CoinJournal.

Aethir partners with Filecoin to solve GPU shortage, boost AI

Author: Cointelegraph by Josh O'Sullivan
United States
Sep 21, 2024 12:00

Aethir partners with Filecoin to solve GPU shortage, boost AI

Aethir and Filecoins partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure.

USDT on TON chain surpasses $1 billion: Token Terminal

Author: Cointelegraph by Alex O’Donnell
United States
Sep 18, 2024 12:00

USDT on TON chain surpasses $1 billion: Token Terminal

Tethers stablecoin continues to dominate rivals, including Circes U.S. Dollar Coin (USDC).

Sep 18, 2024 01:25

Human Rights Foundation Grants 10 Bitcoin to 20 Projects Worldwide

The Human Rights Foundation has announced its latest round of grants, totaling 1 billion satoshis worth over $590,000.

TON, Curve Finance team up on stablecoin swap initiative

Author: Cointelegraph by Josh O'Sullivan
United States
Sep 18, 2024 12:00

TON, Curve Finance team up on stablecoin swap initiative

The partnership introduces Curve Finance's CFMM technology to TON, optimizing stablecoin swaps with reduced price volatility and slippage.

Hedera contributes entire codebase to Linux Foundation

Author: Cointelegraph by Josh O'Sullivan
United States
Sep 17, 2024 12:00

Hedera contributes entire codebase to Linux Foundation

Hedera shifts toward open-source decentralization, transferring its codebase to Linux Foundations Decentralized Trust for global collaboration.

Linux debuts decentralized foundation with Hedera and 100+ members

Author: Cointelegraph by Derek Andersen
United States
Sep 17, 2024 12:00

Linux debuts decentralized foundation with Hedera and 100+ members

The Linux Foundation Decentralized Trust is a foundation that will incorporate all of Linux's decentralized projects in one place, including all of Hyperledger.

Starknet staking vote passes: New minting curve approved

Author: Cointelegraph by Josh O'Sullivan
United States
Sep 14, 2024 12:00

Starknet staking vote passes: New minting curve approved

Starknet implements dynamic minting for STRK tokens, balancing staking incentives and token supply with community backing.

Ride-hailing app Tada integrates TON crypto payments for Singapore rides

Author: Cointelegraph by Ezra Reguerra
United States
Sep 14, 2024 12:00

Ride-hailing app Tada integrates TON crypto payments for Singapore rides

TON executive Harvey Kim told Cointelegraph that a new ride-hailing Telegram Mini App will accept Toncoin and USDT on TON.

Are Vitalik Buterins $10M Ethereum sales bad news for ETH bulls?

Author: Cointelegraph by Yashu Gola
United States
Sep 02, 2024 12:00

Are Vitalik Buterins $10M Ethereum sales bad news for ETH bulls?

Buterins recent transfer of 1,100 ETH to exchanges coincides with the Ethereum Foundations Ether sales worth over $200 million.

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