The Ethereum Foundation distributed $32.6 million in Q1 2025 grants to support education, ZK tech developer tools and the wider blockchain ecosystem. The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025. In an allocation update, the organization reported spending on various initiatives through its Ecosystem Support Program (ESP). Categories included community and educational grants, zero-knowledge and cryptography. Other allocations included execution layers, developer experience and tools, layer-2 networks and overall ecosystem growth and support. Read more
In war, truth is the first casualty. The Indian media, it would appear, isn’t happy to just kill the truth. Over the last few days, hysterical war-crazed news anchors, buoyed by trolls and pundits on social media, have made every effort to crush the truth, stomp on it, tear it up, chop it into fine pieces, set it on fire and throw away the ashes in the Indian Ocean. When Greek dramatic Aeschylus (525/524 bc — 456/455 bc) coined the phrase, he may have been referring to the propaganda spread by states through scrolls and word of mouth. That was a simpler time — states could get away with untruths and falsehoods, with the other side none the wiser. It takes a different kind of arrogance, however, to try to pull this off in the 21st century, when the information ecosystem is no longer inhibited by geographical limitations or even the imperative of a closed media landscape. Into the metaverse Over the last 24 hours, in particular, the kind of disinformation coming out of the Indian information ecosystem has been ...
Gemini’s new derivatives offering in Europe will include perpetual futures and other derivatives, which will be available to advanced exchange users. Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe. Gemini secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the exchange to offer crypto derivatives in the European Union, it announced on May 9. “Once we commence business activities, we will be able to offer regulated derivatives throughout the EU and EEA [European Economic Area] under MiFID II,” said Gemini’s head of Europe, Mark Jennings. Read more
With 72M+ users and addictively simple gameplay, TapSwap is more than just a crypto fad — it’s evolving into a full-scale blockchain gaming platform. TapSwap is a tap-to-earn Web3 application that lives inside Telegram — no separate download required. Are your crypto friends obsessed with tapping their phones all the time? Welcome to the world of TapSwap. TapSwap is a tap-to-earn game released in mid-2024 in the Telegram Mini Apps ecosystem. The game quickly catches your attention: one minute you’re just curious… the next, you’re tapping away at 2 am trying to squeeze out one more energy boost. Read more
The Romanian leu has slightly extended gains against the euro by midday Friday (May 9) and the country's central bank set the leu’s reference rate at 5.116 units versus the euro, which is 0.1% higher than Thursday's level of 5.1222 units per euro.