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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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$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 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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Klaytn Foundation to Make Changes to KLAY Tokenomics and Governance Models Source
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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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"One of the big narratives of 2023 looks to be Layer 2's and the only way to get direct exposure to them right now is through the OP token," Conor Ryder, research analyst at Paris-based crypto data provider Kaiko, said. "TVL on Optimism has also outpaced Arbitrum, its closest competitor,
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LLVM, which stands for “low-level virtual machine,” refers to a set of open-source code libraries that developers use to “compile” their human-readable code into a format that can be interpreted by a computer. Building off the LLVM project, “we built a compiler from mainstream languages that are already known to
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“Instead of paying out my vested tokens in December 2021, I converted my vested portion of tokens to USD at the OTC price and Secret Foundation distributed these funds as a dividend,” Bair wrote. OTC stands for over-the-counter, referring to the off-exchange market price. “The amount of tokens vested was
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According to its website, the “Stellar Development Foundation currently holds 30 billion XLM to be used for promoting and enhancing Stellar.” At current prices, Stellar’s holdings of its native XLM token place the paper value of its treasury above $200 million. Source
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The funding round, led by Polychain Capital, values =nil; Foundation, which started in 2018 as a research collective but has transitioned into a more traditional startup, at $220 million, according to a statement from the firm. (And no, “=nil;” is not a typo, but a company name playfully – if
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