Ethereum 

Binance Charity Foundation Signs Memorandum of Understanding With Ugandan NGO

Binance Charity Foundation (BCF), the charity arm of major crypto exchange Binance, has signed a Memorandum of Understanding (MoU) with Safe Future, a non-governmental organization (NGO) in Uganda focused on local education improvements. Binance announced the development in an official blog post on May 30. The Binance for Children Special Impact Education Project Uganda reportedly aims to provide a number of new supplies to schools in Uganda, such as solar panels, sanitary pads, school supplies, LED screens, as well as breakfast and lunch for students. According to the CEO of…

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Ethereum 

Ethereum Foundation Announces Details on $30 Network Development

The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21. The breakdown for the three categories is future projects at $19 million, current projects at $8 million, and developer supports at $3 million. Much of the funding will go to Ethereum 2.0 projects including client teams, research, documentation and communication, and layer two projects like Plasma. Plasma, which was first proposed by Vitalik Buterin and Joseph Poon…

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Ethereum 

Ethereum Foundation Announces Annual Funding, Next Devcon Location

The Ethereum Foundation is planning to spend $30 million on different projects across the ecosystem over the next 12 months, the company’s executive director Aya Miyaguchi revealed at the ConsenSys’ Ethereal Summit on May 10. In the course of the next year, the Foundation is going to allocate funds for improvement of Ethereum’s performance and security, which includes working on the current proof-of-work (PoW) algorithm of Ethereum 1.x and general core support and development, raising awareness about the altcoin by organizing hackathons, developing relations, and attracting new talent, among other…

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Blockchain 

Ethereum Foundation Re-Releases Community Website

The Ethereum Foundation has decided to release a new iteration of their community website ethereum.org, according to an official tweet on April 30. According to an Ethereum Foundation blog post on the same day, ethereum.org is intended to be a repository of community-created Ethereum content, such as documentation and tutorials built by community members. The Ethereum team goes on to say: “This is a website for a community that is busy getting things done: on-boarding new developers and users, educating ourselves and each other, and building.” This is reflected in…

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Blockchain 

Austin Transportation Partners With Iota Foundation to Develop Interoperability Ecosystem

The government transportation department in the city of Austin, Texas partnered with nonprofit Iota Foundation to develop a more interoperable transportation ecosystem. The Austin Transportation Twitter account reported on the partnership on April 25. The tweet contained a link to an event — which took place on April 29 — featuring Dominik Schiener, co-founder of the Iota Foundation, and local authority holders delineating the scope of the partnership. During the meeting, the speakers describe their visions of a system in which every transit system can interact with the same payment…

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Blockchain 

Protocol Labs and Ethereum Foundation Team Up to Research Verifiable Delay Functions

Filecoin owner Protocol Labs is collaborating with the Ethereum Foundation to develop a Verifiable Delay Function (VDF). The company announced the partnership in a blog post on April 19. VDFs are a relatively new cryptographic primitive that can protect systems relying on the generation of (pseudo) random values from manipulation strategies or attack. Examples of everyday use cases include picking a lottery winner on the blockchain, as VDFs could help stop miners from intervening with a block hash to win the jackpot. Dan Boneh, one of the researchers who introduced…

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Ethereum 

Ethereum Foundation Funds Columbia, Yale Researchers’ Work on Smart Contract Language

The Ethereum Foundation has awarded a grant to researchers at Columbia and Yale universities for the compilation of a new smart contract programming language into the Ethereum Virtual Machine (EVM). The development was announced in a press release shared with Cointelegraph on March 6. The beneficiary of the grant is a smart contract R&D project called DeepSea, spearheaded by Professor Ronghui Gu, an assistant professor of computer science at Columbia, in collaboration with researchers at Yale. Gu is also the co-founder of blockchain security firm CertiK, which is also one…

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Blockchain 

Iota Foundation Partners With Incubator Nova to Fund Startups Using Blockchain

The Iota Foundation, the company behind the cryptocurrency Iota (MIOTA), announced its partnership with startup incubator Nova through a press release shared with Cointelegraph on Feb. 18. According to the release, the partnership aims to fund new startups employing Iota’s platform through the “Iota Cofoundery” program on Nova’s website, which focuses on the early stages of startup development and seed funding. The program also grants the selected startups access to Nova’s mentoring program and tech startup team, reportedly consisting of over 20 startup consultants specialized in technology. Nova has reportedly…

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Blockchain 

Wikimedia Foundation Partners With Payments Provider BitPay to Accept BTC, BCH Donations

United States crypto payment processor BitPay and the non-profit and charitable organization that operates Wikipedia, the Wikimedia Foundation, have partnered to accept crypto donations, according to the official press release published on Jan. 29. The Wikimedia Foundation had already accepted Bitcoin (BTC), but the aim of the new partnership with BitPay is to be able to accept donations in Bitcoin Cash (BCH), the press release states. BitPay’s chief commercial officer, Sonny Singh, commented on the new partnership: “Bitcoin and Bitcoin Cash are one of the cheapest payment options available so…

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