Foundation | Crypto

Ethereum’s market sentiment has deteriorated significantly as the blockchain network's native ETH token moves through a medium-term bear phase. Data from blockchain analytics platform Santiment shows that while ETH-related discussions increased in frequency throughout May, the tone of that commentary has shifted toward frustration, disappointment, and concern about deeper downside potential. Analysts at the firm […] The post Ethereum’s selloff tests whether its neutrality-first model can defend ETH’s value amid Foundation ‘brain drain’ appeared first on CryptoSlate.

If even a fraction of the more than 1 billion people who use AI daily delegate authority to AI agents for online spending, stablecoin adoption would grow substantially, a Fireblocks executive said. Digital assets platform Fireblocks has deepened its push into AI agent infrastructure by launching Agentic Payments Suite, a framework purpose-built to support the x402 protocol, as it also joined the x402 Foundation. Fireblocks said Wednesday that its full-stack solution would cover “the full lifecycle” of AI agent payments, including wallet infrastructure for agents to send funds and an acceptance layer for merchants to receive them. Agentic Payments Suite also includes several compliance and settlement features for regulated financial institutions. A key area of focus for Fireblocks with Agentic Payments Suite is to scale stablecoin adoption through the use of AI agents. Read more

Tether’s second reserve asset is intelligence Tether’s new QVAC project begins with an unusual phrase for a stablecoin company. The company describes “QVAC Psy” as a family of foundational models “rooted in the principles of Psychohistory.” The reference to psychohistory belongs to Isaac Asimov’s Foundation universe, where Hari Seldon uses mathematics, statistics, and social dynamics […] The post Tether launches decentralized local AI using Isaac Asimov’s Psychohistory straight out of Foundation appeared first on CryptoSlate.

Foundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021. Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian, Foundation’s founder and CEO, took to X on Wednesday to announce the marketplace’s closure following a failed acquisition by the digital art distribution platform Blackdove. Although Tehranian did not directly mention Blackdove, he said the original goal of the sale was to ensure the platform would continue operating under new ownership. “That’s no longer possible,” he said, adding that Foundation is not in a position to bring the marketplace back online. Read more

The x402 protocol won't be owned by a single entity, with the Linux Foundation serving as the agentic AI protocol’s “neutral, non-profit home,” Coinbase said. Google, Microsoft and Amazon Web Services are among the Big Tech firms supporting the newly launched x402 Foundation, established to govern and standardize the x402 protocol for agentic AI payments on crypto and fiat rails.  The x402 Foundation was launched on Thursday by the open-source software development non-profit Linux Foundation with the help of Coinbase, the creators of the x402 protocol. Other companies expressing “initial intent and support” of the x402 Foundation include American Express, Mastercard, Visa, Cloudflare, Shopify, Stripe, Circle, Base, Polygon Labs, Solana Foundation, Thirdweb and KakaoPay. Read more

Ethereum is getting two headline signals at once, and they point in different directions. On-chain trackers have flagged a burst of ETH sales linked to Vitalik Buterin, the network’s most recognizable figure. At nearly the same time, the Ethereum Foundation began staking part of its treasury, positioning the move as a long-term shift in how […] The post Ethereum’s liquidity crunch is deepening as ETFs dump $3B and the Foundation locks up 70,000 ETH appeared first on CryptoSlate.

When the Ethereum Foundation dropped a thread on Jan. 19 claiming “Ethereum is the #1 choice for global financial institutions” and backing it with 35 cited examples, it moved past the standard protocol update or developer announcement. It read like institutional marketing: a ranked claim, a curated evidence stack, and a call-to-action funnel pointing readers […] The post Ethereum is facing a brutal institutional “midlife crisis,” and the Foundation’s 35-point response reveals a shocking new reality appeared first on CryptoSlate.

The Ethereum Foundation has paused new grant applications to its Ecosystem Support Program (ESP) as it reconsiders how it funds builders and projects. The pause, announced Aug. 29, comes as the Foundation restructures its approach to ecosystem development and looks to align its grantmaking with longer-term priorities. A detailed roadmap outlining new funding priorities is […] The post Ethereum’s $3M grassroot grant program suddenly paused as Foundation rethinks priorities appeared first on CryptoSlate.

The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical, real-world use cases. The initiative, announced on May 14, aims to boost adoption and drive long-term growth within the Pi ecosystem by targeting businesses beyond the traditional Web3 space. The Foundation stated that the […] The post Pi Foundation unveils $100 million investment initiative to drive real-world utility appeared first on CryptoSlate.

[PRESS RELEASE – Dublin, Ireland, May 11th, 2025] The AB Foundation and AB Blockchain successfully hosted the inaugural “Tech-driven Global Philanthropy Closed-door Forum” today in Dublin. The forum brought together distinguished global leaders, including His Excellency Bertie Ahern, former Prime Minister of Ireland and former President of the European Council; His Excellency Olusegun Obasanjo, former […]