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ecosystem

Ethereum gaming network XAI sues Elon Musk's AI company
NFT Gaming

Ethereum Foundation pauses Ecosystem Support Program’s open grant applications

by admin September 1, 2025



The Ethereum Foundation is pausing all open grants applications as the entity’s Ecosystem Support Program transitions to a new growth chapter.

Summary

  • Ethereum Foundation has paused open grants in its support program as it eyes transition to a new model.
  • The Ecosystem Support Program awarded over $13 million to 105 projects in 2024.

The Ethereum Foundation, a key player in the Ethereum (ETH) blockchain ecosystem, is taking a new approach in the support for builders. 

On Aug. 29, the EF announced that the Ethereum Support Program, which launched as a grants program in 2018 and aimed at offering grants to projects helping to advance Ethereum’s growth, is taking a new direction.

The move follows a recent overhaul of the foundation’s vision and approach to ecosystem development.

EF is looking at a structure aimed at streamlining processes and enhancing efficiency, hence a more proactive funding model for builders, according to the update. Latest changes follow the foundation’s shake up of its structure in June 2025, including cutting of the core team amid broader reorganization.

Funding Ethereum’s builders

Evolving the funding model aligns with Ethereum’s growth, which currently sees over $91 billion in total value locked in decentralized finance and more than $148 billion in stablecoin market cap. Scaling this network amid developer activity aimed at accelerating adoption necessitates that the funding approach mirrors the traction.

“As part of this transition, we have temporarily paused open grant applications. This change will enable us time to redesign in a way that redirects our focus toward strategic initiatives, moving from a reactive model to a more proactive one that also supports the priorities of other EF teams,” the Ecosystem Program Support team wrote.

In 2024, the grants program saw nearly $3 million in funding awarded to 105 projects, including across developer tooling, data and analytics, research and education. Specific projects that benefited included Commit-Boost, BundleBear, Web3Bridge and Ethereum Cypherpunk Congress.

Although open grant applications are temporarily paused, the Ethereum Foundation through the ESP team plans to continue support for all active grant beneficiaries. The team will also share more details for the new model and refined priorities  in the fourth quarter of 2025.



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September 1, 2025 0 comments
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Shiba Inu Team Issues Urgent Warning on LEASH, Ecosystem Token Scams
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Shiba Inu Team Issues Urgent Warning on LEASH, Ecosystem Token Scams

by admin August 31, 2025


The Shiba Inu team has issued an urgent warning on scams targeting LEASH and other Shiba Inu ecosystem tokens.

In a tweet, Shiba Inu-focused X account Susbarium warns the Shiba Inu community to beware of fake migration sites and scam messages targeting LEASH and other SHIB ecosystem tokens.

The Shiba Inu Shibarium watchdog flagged a fraudulent site that was promoting LEASH migration.

🚨 SHIBARMY SAFETY ALERT 🚨

Beware of fake migration sites and scam messages targeting $LEASH and other Shiba Inu ecosystem tokens.

🔴 The site seen in the image is confirmed to be fraudulent.
🔴 Telegram messages promoting “LEASH V2 Migration” with wallet connection requests… pic.twitter.com/ritcxUChQC

— Susbarium | Shibarium Trustwatch (@susbarium) August 30, 2025

An incident that happened Aug. 11, 2025, saw LEASH supply increase by 10%, negating the belief that supply was fixed and rebasing was disabled. After careful consideration by the Shiba Inu team and the community, it was decided to launch LEASH v2 on a new, audited, non‑rebase contract with the final outcome subject to DAO approval.

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With developer work on LEASH v2 in progress, the SHIB team remains committed to protecting holders and delivering a smooth, verifiable migration to LEASH v2.

In light of this, the Shiba Inu team warns the community to beware of Telegram messages promoting “LEASH V2 Migration.”

Crucial warnings issued

Susbarium reiterates that Telegram messages promoting “LEASH V2 Migration” with wallet connection requests are phishing attempts with the aim of draining user funds. Shiba Inu holders are warned never to connect their wallets or approve any transactions from these sources.

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In a separate tweet, Susbarium warns of coordinated bad actors and networks of fake accounts that are actively targeting vulnerable investors, urging the Shiba Inu community not to FOMO into random links.

The Shiba Inu team also warns that there is no official LEASH token on Solana, nor is there any LEASH migration to Solana. It warns that any version of token not listed on the official SHIB website is fake and not part of the Shiba Inu ecosystem.





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August 31, 2025 0 comments
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Hyperliquid holding above critical support: volume surge hints at breakout
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BitGo expands support to the Hyperliquid ecosystem with HyperEVM

by admin August 27, 2025



BitGo has announced support for HyperEVM, bringing secure access and custody for institutional users in the Hyperliquid ecosystem.

Summary

  • BitGo has expanded its custody solution to institutions participating in Hyperliquid’s HyperEVM.
  • The platform now supports HYPE custody, self-custody and governance.

BitGo said in an update that its custody solution was now live for Hyperliquid (HYPE), bringing access to HyperEVM to institutions. 

The integration, BitGo noted, allows for qualified custody with institutional investors able to participate further in the leading on-chain trading ecosystem. Basically, users can tap into BitGo’s secure custody service as they interact with assets on the HyperEVM, including the native token HYPE.

Users can now have access via self-custody wallets, decentralized applications, as well as participate in governance. The platform’s products also include stablecoins, staking solutions, settlement, real-world assets, collateral, and wealth management.

BitGo’s support comes a few days after Anchorage Digital Bank added custody support to HYPE, integrating institutional-grade security into the HyperEVM.

Hyperliquid’s growth

HyperEVM is the Ethereum (ETH)-compatible smart contract layer of Hyperliquid, key to its decentralized finance traction. Currently, the Hyperliquid L1 has over $2.53 billion in total value locked and more than $5.58 billion in stablecoin market cap.

As interest in DeFi grows, BitGo’s support will allow institutional clients eyeing Hyperliquid to confidently participate in the platform’s ecosystem.

Meanwhile, as crypto.news highlighted on August 26, spot volumes on the platform soared to $3.5 billion on the day, marking a new 24-hour all-time high. 

Notably, the surge to the new peak aligns with a spike in Bitcoin and Ethereum deposits. The milestone sees Hyperliquid rank as the second-largest trading venue for spot BTC on both centralized and decentralized exchanges.

Interest in HYPE as the Hyperliquid ecosystem grows has recently pushed open interest in the altcoin to a new all-time high. As of writing, data from Coinglass showed open interest at $2.17 billion.



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August 27, 2025 0 comments
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Helene Braun
GameFi Guides

B Strategy Aims to Be “Berkshire Hathaway” of BNB Ecosystem

by admin August 25, 2025



Digital asset investment firm B Strategy is launching a U.S.-listed company to serve as a BNB treasury and investment vehicle, according to a press release. The company is targeting a $1 billion raise and is being formed with strategic support from YZi Labs — the investment firm led by Binance co-founders Changpeng Zhao and Yi He.

The new company will be led by Max Hua, the former CFO of mining giant Bitmain, and co-founders of crypto asset manager Metalpha. Its goal is to offer institutional-grade exposure to BNB, the native token of the BNB Chain, by modeling the vehicle after a familiar playbook.

“The initiative intends to operate through a U.S.-listed vehicle not only to hold BNB as a treasury but also to become the ‘Berkshire Hathaway’ of the BNB ecosystem,” the release stated.

That ambition goes beyond asset holding. According to the statement, the firm will dedicate capital and resources to grow the BNB ecosystem by funding core technology, offering grants for experimental projects, and supporting community-led initiatives.

Max Hua said that the company would focus on transparency and governance.

“Drawing on my years working with the most prominent Bitcoin miners globally, I’ve seen the true scale of demands for industrial-grade governance, transparent reporting, and bank-level controls,” Hua said. “We’re bringing that operator’s discipline to the company: independently verified holdings, best-in-class custody, rigorous risk limits, and seamless cross-border processes so investors—from New York to Hong Kong—can access BNB with confidence and efficiency.”

The company adds to a growing list of vehicles attempting to bridge crypto-native tokens with traditional public markets. If successful, it could bring institutional and retail investors alike into the BNB ecosystem with the same ease and scrutiny as legacy financial assets.



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August 25, 2025 0 comments
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MetaMask plugs into Tron’s $26b ecosystem with native integration
NFT Gaming

MetaMask plugs into Tron’s $26b ecosystem with native integration

by admin August 19, 2025



By natively integrating Tron, MetaMask is building a bridge for its users to a parallel digital economy that settles over $22 billion in value every single day and hosts over $26 billion in total value locked, according to TRONSCAN.

Summary

  • MetaMask is natively integrating Tron, giving its 100M users direct access to $26B in liquidity and $22B in daily settlement flows.
  • Tron becomes only the third non-Ethereum chain with native MetaMask support, after Solana and Sei.

According to a press release dated August 19, Consensys’ crypto wallet MetaMask has entered a strategic agreement with TRON DAO to natively integrate the blockchain directly into its interface, allowing its estimated 100 million users to directly access the Tron network’s deep liquidity pools and extensive dApp ecosystem without relying on third-party bridges or complex workarounds.

The move makes Tron only the third non-Ethereum chain to receive native MetaMask support, following Solana and Sei earlier this year. For MetaMask users, the change means direct access to Tron’s $26 billion ecosystem and its daily settlement flows of over $22 billion, most of it tied to Tether (USDT) transactions.

An alignment of crypto titans

In the press release, the partnership between MetaMask and Justin Sun’s Tron is framed as a shared commitment to “interoperability, user empowerment, and accessibility,” values both sides argue are essential as Web3 enters its next phase.

TRON DAO spokesperson Sam Elfarra said the wallet’s reach makes it a natural partner. “MetaMask’s extensive user base and established reputation make it a vital gateway to decentralized applications,” he noted, adding that the integration reinforces TRON’s role as a core layer of global digital finance.

For MetaMask, the integration is a critical step in its evolution from an Ethereum-centric utility into a true multi-chain aggregator, a necessity for retaining its top-dog status in an increasingly competitive wallet landscape. The move directly taps into Tron’s massive and active user base of over 324 million accounts, a significant portion of which resides in the high-growth markets of Asia, Africa, and South America.

“Supporting networks like TRON is part of our broader mission to make MetaMask the most versatile and user-friendly gateway to Web3. Integrating TRON helps us eliminate friction by supporting more of the networks people rely on.” Angel Gonzalez-Capizzi, Director of Business Development at MetaMask, said.

Market reaction

Market reaction to the news was notably muted, a potential sign that traders had already priced in the long-rumored integration. TRX, Tron’s native token, remained relatively flat following the news, exchanging hands at $0.35 as of press time, according to crypto.news data.

However, this short-term stability belies a stronger foundational trend; the token has been in a solid uptrend for most of this year, surging past its 2021 market cycle peak and gaining 37% year-to-date.



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August 19, 2025 0 comments
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