Developing: Bitcoin Foundation Survival Proposal and Financials Leak
According to an internal document obtained by Bitcoin Magazine, the Bitcoin Foundation is considering splitting into two separate organizations. Under this proposal, an entirely new entity would be created to fund core development (the Bitcoin Foundation's current focus), while a slimmed-down Foundation would continue as a promotional organization....
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The foundation aims to streamline Uniswap's grants program and "reinvigorate governance." The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders.According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system. Former Uniswap Labs executive Devin Walsh, now serving as executive director of UF shared the results in a tweet on Aug. 24, noting that the proposal to create the....
Following Mozilla’s decision to pause crypto donations due to environmental concerns, a number of Wikimedia Foundation community members have submitted a proposal that asks the foundation to stop accepting digital currency donations. The proposal explains that crypto donations “signals [an] endorsement of the cryptocurrency space,” and also says that “Cryptocurrencies may not align with the Wikimedia Foundation’s commitment to environmental sustainability.”
Proposal Claims Cryptocurrencies May Not Align With the Wikimedia Foundation
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The largest DEX in the world could be supported by a new $74 million foundation if a new proposal from two community members passes a vote later this month. The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States (U.S.), but first, it's going to cost $74 million.The proposal has garnered mixed feedback from the community so far, with many praising the foundation’s plans to support and expand the Uniswap ecosystem, while others have balked at its hefty price tag. The Aug. 5 proposal was put forth by Uniswap....
The Bitcoin Foundation is a Bitcoin development organisation that currently focuses on supporting a few core developers and expanding this support to include specialist programmers that work on external viable Bitcoin infrastructure software through grant programs. The Foundation also attends conferences for the promotion of Bitcoin and was previously involved in global Bitcoin adoption on the regulatory and political front. This February, there will be new Bitcoin Foundation Elections to elect persons to two Director positions that will be representative of the wider community as....
This week, a leak related to a Bitcoin cold storage wallet manufacturer’s customer database was escalated when a hacker exposed its true severity. Instead of the initial over 9000 customers Ledger claimed were affected, there were actually 270,000 individuals that had their name, address, phone number, and more made public. Each passing day, the impact of the leak begins to spread and show just how scary things could get for innocent victims. In a Reddit […]