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Wintermute Considers Legal Action as NEAR Foundation Refuses Redemption of $11.2 Million USN Stablecoin
8.11.2023
Image Source: Wintermute Crypto market maker Wintermute is considering legal action after the NEAR Foundation and Aurora allegedly failed to honor an agreement to convert $11.2 million worth of USN stablecoins. In a recent post on X (formerly Twitter), Wintermute CEO Evgeny Gaevoy accused NEAR...
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
8.11.2023
Wintermute founder and CEO Evgeny Gaevoy says the Near Foundation reneged on an offer to convert $11m million worth of its stablecoin
Near Token Rallies Amid Nym Partnership, Ahead of Nearcon Conference
1.11.2023
The Near Foundation announced a partnership with Nym Technologies, a privacy layer-0 infrastructure startup
ICC partners with NEAR Foundation to engage fans via Web3
28.9.2023
ICC has announced a multi-year partnership with the NEAR Foundation. The objective is to deepen engagement with cricket fans during the upcoming ICC ODI World Cup 2023, which India will host. Following the tournament’s conclusion, the ICC and NAR Foundation will work to strengthen the loyalty...
Near Foundation CEO Marieke Flement resigns
21.9.2023
The Near Foundation treasury grew to $350 million under Flament's tenure
NEAR Foundation’s Marieke Flament Steps Down as CEO
21.9.2023
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol
Near to Help Colombian Web3 Social Network Blumer Build Token Infrastructure
28.7.2023
Users will be able to convert Blumer tokens for other cryptocurrencies and withdraw to wallets
Near Foundation treasury drops to $900M as token price plunges
11.7.2023
The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market
NEAR Foundation publishes Transparency Report for Q2-2023
11.7.2023
NEAR Foundation has published its quarterly report titled NEAR Foundation Transparency Report: Q2 2023. This is the second installment this year and highlights its developments and advancements in Blockchain Operating System, Web2.5 strategy, and Web3 partnerships. These are only a few points...
NEAR Foundation onboards the Crypto Council for Innovation
7.7.2023
The Crypto Council for Innovation has announced adding a new member to its list. That is the NEAR Foundation, and the goal is to strengthen the commitment to leveraging each other’s expertise to advocate the transformation that Web3 can bring. Additionally, the NEAR Foundation and CCI will...
NEAR Foundation and Alibaba Cloud to offer three key services
27.6.2023
NEAR Foundation has announced that it is partnering with Alibaba Cloud to roll out three key services. These are RPC between developers and users, multi-chain data indexing, and collaboration on tools. Calling this a major milestone, the announcement sheds light on how both partners bring important...
NEAR Foundation and Alibaba Cloud Join Forces to Boost Web3 Development in Asia
26.6.2023
NEAR Foundation, a non-profit organization responsible for developing the NEAR protocol, has partnered with Alibaba Cloud to facilitate the growth of Web3 in Asia and the Middle East.
As part of the partnership, NEAR Foundation will gain access to Alibaba Cloud's developer ecosystem across...
NEAR Foundation Partners With Alibaba Cloud to Accelerate Web3 Growth in Asia
26.6.2023
The partnership will offer multi-chain indexing to provide data query API to developers
NEAR Foundation collaborates with Vortex Gaming
23.6.2023
NEAR Foundation takes the opportunity to officially announce its exclusive collaboration with Vortex Gaming. The company is a Web3 affiliate of INVEN, which is the biggest game media community based in Korea. It boasts of having roughly 7.2 million users connecting with it on a daily basis. As...
NEAR Foundation collaborates with Galxe
9.6.2023
NEAR Foundation has gone ahead and collaborated with Galxe, which is an absolute top-of-the-line platform meant for Web3 community enhancement, to introduce Voyage Season 2 – Calling. This is SPACE ID’s latest referral program, and it is entirely for the benefit of Web3 users. The importance...
NEAR Foundation X MARBLEX: boosts Korea’s Web3 gaming
5.6.2023
NEAR Foundation takes an immense amount of pleasure in making its official announcement of\collaborating with MARBLEX, which is a blockchain affiliate of Netmarble Corp. Owing to this occurrence, both of the entities will be in a position of being able to further Web3 gaming in Korea. Through...
Illia Polosukhin: Building Near's Blockchain, Embedding AI
27.3.2023
NEAR's cofounder, a speaker at CoinDesk’s Consensus festival, is taking on Ethereum and he already boasts 25 million accounts and 446,000 daily transactions
Near Foundation Joins Processed Foods Giant Grupo Nutresa to Unveil Web3 Loyalty Program in Latin America
30.11.2022
It is the first open source loyalty program using the NEAR protocol and aims to reach one million consumers throughout Latin America
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
25.10.2022
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure
NEAR Foundation Urges Wind-Down of USN Stablecoin, Sets Aside $40M
24.10.2022
The foundation is setting aside $40 million for a "protection program," which it says is equal to the amount of a "collateral gap" associated with the undercollateralization of the USN project