Web3 firms to support ecosystem development through grants amid market uptick
The Worldcoin Foundation rolled out a $5 million grant to support its community through WLD tokens or stablecoins.
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FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO
Thousands in grants were given out by former FTX executives for niche projects, according to a report by FTX restructuring chief John Ray.
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company.…
Uniswap Foundation to Distribute $1.8 Million in Grants to 14 Recipients
The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded…
Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected…
Spain to Offer Grants for Metaverse Companies
The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to…
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million…
Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100…
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in…
Gitcoin Deactivates Grant for Farsi Speaking Communities Due to U.S. Sanctions
Gitcoin, an organization that helps fund open source projects around the Ethereum blockchain, has deactivated a grant due to it being directed to individuals from a sanctioned country. The grant,…