Tag: allocates

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Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs

Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs

Ethereum developers launched a new testnet on Sept. 15. Called “ Holešky,” the network is expected to be used for staking, infrastructure and protocol [...]
Avalanche Foundation allocates $50M investment to on-chain asset token purchases

Avalanche Foundation allocates $50M investment to on-chain asset token purchases

The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July [...]
Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin

Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin

Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital a [...]
Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

According to a medium post on Feb. 20, the Interchain Foundation (ICF), a non-profit organization behind the creation of the Cosmos (ATOM) interblockc [...]
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies

Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies

On November 28, blockchain gaming accelerator Game7 announced that it would allocate $100 million in open-source technology grants to upcoming Web 3.0 [...]
Binance Allocates Another $1B for Its Crypto Recovery Fund

Binance Allocates Another $1B for Its Crypto Recovery Fund

Other prominent crypto players, including Aptos Labs and Jump Crypto, have also joined Binance's initiative. www.coindesk.com [...]
Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Corporate Bond Investment

Stablecoin Issuer MakerDAO Allocates $500M for Treasuries, Corporate Bond Investment

The "strategic investment" will be converted from its overcollateralized stablecoin, with 80% going towards U.S. short term Treasuries and the remaini [...]
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative

Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative

“In these challenging market conditions, the NEXO Token has moved consistently with the likes of BTC and ETH," said Antoni Trenchev, Nexo Co-Founder a [...]
Framework Ventures allocates half of $400M fund to Web3 gaming

Framework Ventures allocates half of $400M fund to Web3 gaming

Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain g [...]
Project Serum allocates $100M to liquidity mining

Project Serum allocates $100M to liquidity mining

Project Serum, a decentralized derivatives exchange for the Solana network, has launched a $100 million liquidity mining program as part of a broad [...]
Pension fund for Texas firefighters reportedly allocates $25M to Bitcoin and Ether

Pension fund for Texas firefighters reportedly allocates $25M to Bitcoin and Ether

The pension fund for firefighters in Houston has allocated part of its $4 billion portfolio towards crypto.According to an Oct. 21 Bloomberg report [...]
Rari Capital allocates $26M from developer fund to compensate hack victims

Rari Capital allocates $26M from developer fund to compensate hack victims

Following a $10 million exploit over the weekend, decentralized finance protocol Rari Capital is formulating a plan to compensate victims.In keepin [...]
Uni of Wyoming allocates $4M to staking three cash

Uni of Wyoming allocates $4M to staking three cash

The College of Wyoming is allocating $four million to working nodes and staking no less than three cryptocurrencies.The information was shared to T [...]
New Zealand retirement fund reportedly allocates 5% to Bitcoin

New Zealand retirement fund reportedly allocates 5% to Bitcoin

KiwiSaver Development Technique, a $350 million retirement plan operated by New Zealand Wealth Funds Administration, has reportedly allotted 5% of [...]
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