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Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and blockchain firms through a new partnership.The Venom Ventures Fund is set to invest in protocols and Web3 decentralized applications (DApps) focused on payments, asset management, decentralized finance (DeFi)
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The TON Storage will use financial incentives from Toncoin with the help of smart contracts on the blockchain.The Ton Foundation, a non-commercial organization behind TONCOIN, has announced the launch of its TON Storage, a decentralized file-sharing and data storage solution. The Ton Storage is developed similarly to the Torrent file
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The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year. On Dec. 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), which is around $360,000 at the time of writing, to the new fund to support the
Read MoreChina’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for a forthcoming central bank digital currency (CBDC), the digital yuan. The draft law states that the yuan is the official currency of the People's Republic of China
Read MoreThe Cardano (ADA) ecosystem has a complex governance structure, not dissimilar from the way the U.S. democracy operates, with its built-in checks and balances. There are three main players: the Cardano Foundation, EMURGO and IOHK; according to the Foundation’s incoming CEO Frederik Gregaard, the governance will only get more complicated as
Read MoreThe Stellar Development Foundation, or SDF, a non-profit tasked with fostering Stellar's network growth, unveiled new ties with crypto risk-management operation, Elliptic, on April 30. The partnership sees the SDF calling on Elliptic's crypto risk expertise for businesses and financial institutions based on Stellar blockchain, SFD director of communications Lauren Thorbjornsen told Cryptox
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