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Polygon co-founder Sandeep Nailwal assumed full executive control, marking a move away from decentralized governance. Polygon co-founder Sandeep Nailwal has taken full control of the Polygon Foundation as its first-ever CEO. The move marks a shift away from the decentralized governance model the organization had embraced. The foundation, which oversees Polygon Labs and other arms…
Pi Network has launched a $100 million fund, Pi Network Ventures, to invest in startups and businesses that drive the adoption and utility of its blockchain ecosystem. Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is…
Cointelegraph partners with TheBlock to boost tokenization, compliance and real-world asset adoption in the MENA region through joint events and coverage. Dubai, UAE – May 2025 — TheBlock, the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in…
” NEAR protocol releases blockchain operating system for Web3 “ The decentralized application (DApp) NEAR protocol is releasing a new blockchain operating system, focusing on improving user experience on Web3 through a common layer for browsing and discovering open web resources, the company disclosed at the Web3 and innovation festival ETHDenver 2023. In an interview…
” Ignite CEO announces departure after seven years “ Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has announced he will be leaving the firm. In a Friday tweet to his more than 20,000 followers, Zhong said Friday will be his last day at Ignite,…
” Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST “ Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years. Numerous unconfirmed reports surfaced on June 11, claiming Kwon’s participation in draining…
” Bitcoin ecosystem makes a U-turn recovery in global ATM installations “ Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year. The global ATM installations worldwide fell consistently throughout the year, with May reporting the lowest number of…
” Near Protocol picks up slack, onboards Tracer following Terra’s downfall “ For many Level 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different ecosystem. But how does one make the right move, especially after knowing the unfortunate fate of their initial platform of choice? In the…
“# Got crypto? Here are 3 software wallets for storage, staking and swapping ” Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come. For new users, figuring out how to obtain cryptocurrency…
“# ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity exchanged ” The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include labeling for everything…