developer

Ethereum core developer Zak Cole announced the establishment of the Ethereum Community Foundation, which may drive up the price of ETH

ChainCatcher news, according to The Block, Ethereum core developer Zak Cole announced the establishment of a new organization on the X platform ------ Ethereum Community Foundation (ECF), aimed at supporting institutional adoption of Ethereum infrastructure and promoting the value growth of ETH.Cole stated that the ECF has raised millions of dollars worth of ETH, all from donations by individual supporters, which will be used to fund the construction of "trustworthy and neutral" technology projects. He emphasized, "Every grant is open and transparent, every project commits to align with ETH, and all fund allocations will be decided through community voting."The ECF stated on its official website that all supported projects must meet two criteria: immutable and tokenless, and must promote the burning of ETH to align institutional use with the value of ETH holders, thereby maintaining the monetary integrity of the Ethereum network.The foundation will focus on supporting real-world asset (RWA) on-chain applications (such as stocks, bonds, real estate, etc.), as well as "public goods" projects that contribute to ecological development, such as optimizing data availability costs for blob space.The first funded project of the ECF is the "Ethereum Validator Association (EVA)," which aims to empower validators' voice in protocol governance and fund the infrastructure development for validators. More details will be announced in the coming weeks.

D3 establishes a 1 million USDC developer fund to promote the testing network ecosystem of domain assetization protocol

ChainCatcher news, according to Decrypt, Web3 domain infrastructure provider D3 Global announced the establishment of a $1 million USDC developer fund to support the ecosystem development of its Doma Protocol public testnet. This testnet includes two core components: the developer program Doma Forge and the domain investment platform (start.doma.xyz), aimed at transforming the $364 billion domain industry into on-chain real-world assets (RWA).The Doma Forge program will provide developers with three resources:A million-dollar funding pool to support projects from development to mainnet deployment;Technical on-site guidance and integration channels with ecosystems like Solana and Base;An open-source API toolkit to support domain data applications in scenarios such as DeFi and digital identity.The testnet will simultaneously launch a domain trading platform, supporting on-chain tokenized trading of traditional domains like .com and .xyz, as well as Web3 suffixes like .solana and .shib, enabling fractional ownership and DeFi liquidity access.D3 CEO Fred Hsu stated that the protocol bridges the Web2 and Web3 domain markets through an ICANN-compliant framework and has already achieved technical integration with public chains like Solana and Avalanche. The testnet will open domain asset trading, staking, and other functionality verification to over 400 million crypto wallet users.

Canton Network developer Digital Asset completes $135 million strategic financing, led by DRW Venture Capital and others

ChainCatcher news, according to CoinDesk, the developer of the privacy blockchain Canton Network, Digital Asset, announced the completion of a $135 million strategic financing round. This round was led by DRW Venture Capital and Tradeweb Markets, with participation from well-known companies in traditional finance and the crypto space, including BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Virtu Financial, and Paxos.Canton Network, centered on configurable privacy, has attracted several companies, including Goldman Sachs and BNY Mellon, to test RWAs on its platform. This financing will help the Canton Network further expand the coverage of RWAs, which currently includes asset classes such as bonds, money market funds, alternative funds, commodities, repurchase agreements, mortgages, life insurance, and annuities.According to the Web3 asset data platform RootData, Digital Asset is a blockchain software and service provider that helps enterprises establish economic value through the internet. Digital Asset's products are built on Daml, a leading platform for building and running complex multi-party applications using an innovative smart contract language and tools. Daml features privacy and a top-notch SDK to ensure that all participants in the application remain in sync and have access to reliable real-time data.
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