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Ethereum Foundation announces $3.8M in new grants

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4 Monaten ago

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The Ethereum Foundation has announced that over $3.8 million in grants will be awarded to teams working on the Ethereum blockchain.

In a Sept. 8 post published on the Ethereum Blog, the Ethereum Foundation, or EF, announced that it has given grants to teams as part of its ecosystem support program during Q2 2020. The categories included teams focusing on community and education, cryptography and zero-knowledge proof, or ZKP, developer experience, Ethereum 2.0, and Layer 2.

The $3,884,000 funds will go to 28 companies and researchers, including blockchain advisory firm Akomba Labs for community and education, and Beacon Fuzz for finding crash-causing and consensus bugs on Ethereum 2.0.

“This list represents non-recurring funding from across the EF, including grants via our public inquiry process, delegated domain allocations and third-party funding,” the EF blog stated. “As always, it’s a privilege to work with these amazing projects and so many more.”

The announcement comes a month after the EF stated it would be building a dedicated security team for Ethereum 2.0 to study any potential cybersecurity and crypto-economic issues in the next generation of the Ethereum network.



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Ethereum

Bitcoin price rally cools down as Polkadot gains 34% in first week of ‘altseason’

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11 Stunden ago

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Dezember 29, 2020

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Bitcoin (BTC) fell below $26,000 on Dec. 29 as fresh fallout from Ripple’s threatened U.S. lawsuit was felt throughout crypto markets.

Cryptocurrency market overview. Source: Coin360

BTC price dips as Coinbase halts XRP trading

Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD hitting lows of $25,830 during Tuesday trading.

$27,000 support failed to hold overnight, sparking a retest of lower levels which now center on $26,000. At the weekend, Bitcoin hit all-time highs of $28,400 before swiftly reversing.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

The latest losses come as XRP, the fourth-largest cryptocurrency by market cap, hits $0.23 thanks to major U.S. exchange Coinbase opting to suspend trading from next month. The reason is a lawsuit from the U.S. Securities and Exchange Commission (SEC), which threatens to classify XRP as an unlicensed security and make trading it all but impossible.

“There is going to be a rangebound construction, after which 2021 will most likely break out again,” Cointelegraph Markets analyst Michaël van de Poppe summarized about Bitcoin’s short-term perspectives in a video update on Monday.