grants

The Hyper Foundation announced that it will provide approximately $10 million in grants to developers affected by the USDH exit, to cover migration costs and support an orderly transition of the ecosystem. This round of funding will be allocated to affected HIP-1 spot deployers, HIP-3 perpetual contract deployers, HyperEVM protocol, USDH:USDC cross-chain bridge, and other ecosystem participants.Among them, migration grants are aimed at teams migrating USDH-related markets or deployments to USDC; while exit grants are for projects that choose to terminate USDH-related businesses, with amounts lower than equivalent migration plans, to encourage a smooth conclusion of the ecosystem. HIP-1 and HIP-3 grants are based on auction deployment cost estimates, while HyperEVM grants are assessed based on the scale of USDH TVL affected. All beneficiaries must complete migration or business closure by the end of July.On the user side, USDH holders need to operate according to the guidelines of each protocol and can complete the exchange to USDC through the spot market or HyperEVM path. The official has provided support for asset conversion with no fees or spot trading channels. The Hyper Foundation also stated that the USDH migration is progressing smoothly, thanks to the active cooperation of developers and the community, and expressed gratitude to the relevant builders.

According to CoinDesk, Moody's has awarded the highest rating of AAA-mf to the tokenized money market funds of Fidelity and BlackRock, marking that the products of both institutions meet the highest standards in credit quality, liquidity, and capital preservation.Fidelity's FILQ fund was launched on May 6, built on Sygnum's Desygnate tokenization platform, supporting on-chain real-time cash settlement, and introducing infrastructure support from JPMorgan, Apex Group, and Chainlink; BlackRock's BUIDL fund is set to launch in March 2024 and currently accounts for about 15% of the tokenized government bond market.

The Ethereum Foundation stated on the X platform that today it will exchange 5,000 ETH for stablecoins through CoWSwap's TWAP feature, as part of ongoing funding for research and development, grants, and donations.

According to Cointelegraph, the Thane District Court in India ruled on March 23 that there was no preliminary evidence of a crime involving CoinDCX co-founder Sumit Gupta and Niraj Khandelwal in a fraud case involving 7.1 million rupees (approximately $75,000), and granted bail to the two.The court investigation revealed that the fraudulent activity actually occurred on the counterfeit website coindcx.pro, which has no connection to the official CoinDCX platform. The main suspect, Rana, has fully refunded the victims, who also confirmed in court that the two founders were not the parties they met at the café.CoinDCX subsequently issued a statement characterizing the incident as "third-party impersonation" and reminded users to verify domain names and interact only through official channels to guard against the increasingly rampant impersonation and phishing scams in India's cryptocurrency industry.

Quantoz holds an electronic money institution license issued by the Dutch central bank. The three electronic money tokens it issues, USDQ, EURQ, and EURD, are all subject to the electronic money regulations of the European Economic Area. The reserves are stored in a dedicated account under a bankruptcy-remote fund structure at a 1:1 ratio and must additionally maintain at least a 2% reserve buffer on the balance sheet.

Global leading full-stack Web3 security company ExVul has established a long-term strategic partnership with high-performance financial public chain Pharos, jointly setting up a $1.25 million security audit Grants to support the development of early startup teams within the Pharos ecosystem.The Grants are aimed at early projects in the Pharos incubator, providing complete security audit services for core smart contracts and key system modules, along with funding and ongoing security advisory support. The collaboration between Pharos and ExVul fully reflects a high level of trust in their professional capabilities and highlights the close binding of both parties in the long-term construction of the ecosystem. Through this cooperation, ExVul will build a sustainable, secure, and compliant infrastructure for Pharos's early projects, solidifying the foundation for the ecosystem's long-term development.

The Ethereum Foundation ecosystem support project teams announced the list of funded projects and individuals for Q4 2025. The total funding amount granted in the previous quarter reached $7,385,528.84. The funded projects and individuals mainly involve areas such as: protocol growth and support, overall growth and support, developer experience and tools, execution layer, cryptography and zero-knowledge proofs, consensus layer, community and education, and others.

DeSci & AI Asset Protocol Orama Labs announced the establishment of a $5 million ecological fund to support the development of cutting-edge technology projects. The first batch of Grants has officially been issued, with Kingnet AI receiving $1 million in $PYTHIA token incentives, and the space intelligence project ZENO receiving $200,000 in $PYTHIA token incentives.It is noteworthy that the ZENO project is pushing "space intelligence" from theory to practice, and its constructed mirror world platform responds to the industry judgment made by Stanford AI pioneer Fei-Fei Li that "the next wave of AI is space intelligence."Kingnet AI, as an AI-driven game creation engine, significantly reduces game development costs through natural language technology, and this reward will deepen the cooperation between the two parties in terms of technology and ecology.The Orama ecological fund will continue to select projects with innovative technologies and clear business models, providing funding, resources, and full-chain support, with a focus on cutting-edge fields such as DeSci, AI, and DEPIN.

According to The Block, the U.S. Senate Agriculture Committee has released a draft legislation for regulating the cryptocurrency industry, granting new powers to the CFTC.Previously, the House had passed the Digital Asset Market Transparency Act in July, and the Senate subsequently began drafting its own related legislation. The draft proposed by the Republican-led Senate Banking Committee aims to delineate the jurisdiction between the SEC and the CFTC, introducing the new concept of "ancillary assets" to clarify which cryptocurrencies do not fall under the category of securities. Given that the Senate Agriculture Committee has jurisdiction over the CFTC, the draft it proposed is particularly crucial. This 155-page draft defines digital commodities and establishes a regulatory framework for the CFTC.Draft author Cory Booker stated that more work needs to be done, particularly concerning concerns about CFTC's insufficient resources and potential regulatory arbitrage due to bipartisan committee issues, as well as issues related to public corruption and the adequacy of regulatory measures. The Agriculture Committee's draft provides new funding sources for the CFTC, indicating that the CFTC should charge unspecified cryptocurrency entities. The parentheses in the draft reflect "unresolved issues" that still need to be negotiated by both sides. Additionally, Democrats face obstacles related to conflicts of interest in Trump's cryptocurrency business, and the Agriculture Committee's draft already includes provisions regarding conflicts of interest.

On October 31, the U.S. SEC granted a temporary exemption for several compliance dates of the National Market System Rules (Regulation NMS). This exemption provides a precedent for exchanges that enforcement actions should be paused when rules are in flux and regulators cannot provide clear guidance, until the regulators establish practical standards.The announcement mentioned the interruption of funding and the need to "facilitate orderly market operations" after the court dismissed the request for a stay. Cryptocurrency exchanges such as Coinbase, Kraken, and Binance may also apply the same logic.

ChainCatcher message, the Ethereum Foundation (EF) tweeted that it plans to exchange 1,000 ETH for stablecoins through CoW's TWAP feature to fund research, grants, and donations.

ChainCatcher news, Arthur Hayes' family office Maelstrom announced a one-year Bitcoin development grant to Spherostrat, which will focus on P2P network privacy, block validation optimization, and the development of DLEQ proofs for Silent Payment addresses.

ChainCatcher news, according to CoinDesk, the Ethereum Foundation announced on the X platform on Tuesday that it plans to sell 10,000 Ethereum through centralized exchanges in the coming weeks. The proceeds will be used to support research and development work, ecosystem funding, and related donations; these Ethereum will be exchanged in multiple small orders rather than a single large transaction.Previously, the Ethereum Foundation announced a new funding management policy in early June, stipulating an annual operating expense cap of 15%, establishing a multi-year reserve buffer, and setting a long-term gradual reduction in spending pace. In July, the foundation sold an additional 10,000 ETH to SharpLink Gaming, making it the first publicly traded company to purchase ETH from the Ethereum Foundation.

ChainCatcher message, the communication platform Towns Protocol announced the following token economics: the total supply of TOWNS tokens is 10 billion, with over 10% of the tokens to be airdropped to early users, partners, and collaborators on August 5.In previous news, Binance Alpha will launch Towns (TOWNS) on August 5.

ChainCatcher news, according to Cointelegraph, Paraguayan law enforcement has disclosed that three Chinese nationals have been expelled for illegal entry and one Paraguayan suspect has been arrested. This group is suspected of attempting to steal from the cryptocurrency mining site of Teratech SA in Coronel Bogado. The prosecution stated that the three expelled individuals had no legal entry records and are suspected of entering illegally through the borders of Brazil or Bolivia.Paraguayan prosecutor Irene Rolón pointed out that the arrested Paraguayan suspect, Nahun María Velázquez Garcete, has now been charged with serious theft, and the case is still under further investigation.It is reported that the mining site is located near the Itaipu Hydroelectric Power Plant, which attracts many cryptocurrency mining operations due to its abundant hydroelectric resources.The prosecution is verifying the specific relationship between the three expelled individuals and the involved company. The specific details of the case's losses and the suspects' injuries have not yet been disclosed.

ChainCatcher news, according to the official blog of the Ethereum Foundation, the total amount of funding grants for the first quarter of 2025 is $32.647 million, covering several key areas including community and education, consensus layer, cryptography and zero-knowledge proofs, developer tools and experience, execution layer, protocol growth and support, etc.

ChainCatcher news, Gitcoin co-founder Kevin Owocki posted on social media that Gitcoin will close its main software development department, Grants Lab, and bid farewell to some outstanding team members. This is one of the hardest decisions since Gitcoin was founded.The decision is driven by changes in the ecosystem: the funding methods for public goods are evolving, the L2 ecosystem is maturing, collaborative mechanisms are continuously innovating, and new competitors are emerging. At the same time, key members of Grants Lab have left one after another, and the team currently lacks a clear and sustainable profit model, leading to financial expenditures exceeding manageable limits.Therefore, Grants Lab will no longer apply for the budget for the second half of 2025, and the remaining funds will be used to provide severance compensation for affected employees. Gitcoin stated that they will do their utmost to support the transition of departing employees in a respectful and caring manner.

ChainCatcher news, according to official news, the Ethereum Foundation announced that the application for the 2025 academic grant round must be submitted by March 16, and will provide $2 million in funding to support cutting-edge research in areas such as protocol design, client engineering, and human and cultural studies.