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Stargate foundation advises DAO against reissuing STG tokens

Stargate Foundation has advised its decentralized autonomous organization (DAO) against reissuing Stargate’s native Stargate Finance (STG) token due to concerns raised by FTX liquidators. The liquidators have expressed the belief that such a move would violate the automatic stay and could result in legal repercussions.In March 2022, Alameda Research, the former cryptocurrency

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Provenance Blockchain Foundation announces $50M in grants for blockchain development

Provenance Blockchain Foundation has announced a $50 million grant program for blockchain developers to support the development of regulated financial services on blockchain. The grant program promise to award $50 million in HASH, which is the native token on Provenance Blockchain, to developers who build core services and experiences that enable

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Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners

Meanwhile, Metalpha and Litecoin Foundation added they will work with universities and research institutions to further sustainable blockchain innovation, support public education around the Litecoin network, and improve network awareness, adoption, and scalability. Original Source

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Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

The nonprofit organization behind the creation of the Cosmos (ATOM) interblockchain communications (IBC) ecosystem has committed to spending around $40 million in 2023 to develop its core infrastructure and applications, the Interchain Foundation (ICF) announced in a Feb. 20 Medium post  The Interchain Stack is utilized by around 50 blockchains, including the Tendermint Core

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Bosch partners in $100-million Web3 development foundation

$100 million is being earmarked for a grant program funding the development of Web3, artificial intelligence (AI) and decentralized technologies in a partnership between Bosch and Fetch.ai.The two companies are collaborating to create the Fetch.ai Foundation, which will aim to fuel industrial adoption of innovative software, AI and Web3 technologies.

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Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation

Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.In a Feb. 20 interview, Gladstein argued that the decentralized nature of Bitcoin (BTC) can act as a barrier against corruption

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SecretDAO votes to restructure foundation after public spat between organizations

The decentralized autonomous organization that governs privacy-focused blockchain Secret Network has voted to restructure its foundation as a nonprofit with a “transparent operation,” according to the proposal’s official page.Congrats to the #SecretNetwork community! The Secret Foundation has been restructured as an NPO, with a community-elected board & amendments requested by

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