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near

Marieke Flament (Matt Hussey/NEAR)
Near Foundation Urges Winding Down USN Stablecoin, Funds a $40M Backstop
The foundation is setting aside the funds for a "protection programme," which it says is equal to the amount of a "collateral gap" associated with the undercollateralization of the USN project.
Marieke Flament (Matt Hussey/NEAR)

Crypto at War: Inside Ukraine's Historic Crypto Fundraiser, Consensus 2022 by CoinDesk, Austin Convention Center, Austin, Texas, USA - 11 Jun 2022
Near Protocol Forms Working Group to Promote DeFi Governance
The Near Digital Collective is a self-governance initiative aimed at further decentralizing the Near ecosystem’s decision-making by moving it to a blockchain.
Crypto at War: Inside Ukraine's Historic Crypto Fundraiser, Consensus 2022 by CoinDesk, Austin Convention Center, Austin, Texas, USA - 11 Jun 2022

CDCROP: NEAR co-founder Illia Polosukhin (Danny Nelson/CoinDesk)
Near Blockchain Moves Ahead With Phase One of Sharding Upgrade
As a part of Near’s four-step plan to shard the network over the next year, the protocol will introduce 200 new validators.
CDCROP: NEAR co-founder Illia Polosukhin (Danny Nelson/CoinDesk)

CDCROP: Infinity Room (Unsplash)
Blockchain Supporter NEAR Unveils $100M VC Fund Targeting Web3 Culture and Entertainment
The NEAR Foundation is collaborating with Caerus Ventures in the initiative, which will make seed round investments.
CDCROP: Infinity Room (Unsplash)

CDCROP: Stack of cash $100 dollar bills (Shutterstock)
Venture Capital Firm MetaWeb Raises $30M for Early Stage Crypto Startups
Having operated in stealth mode for several months, the fund has invested in more than 30 startups.
CDCROP: Stack of cash $100 dollar bills (Shutterstock)

Bridge (Unsplash modified by CoinDesk)
Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge
Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge.
Bridge (Unsplash modified by CoinDesk)

Arrow Up (Unsplash)
NEAR Crypto Token Pumps After Coinbase Adds It to Listing Roadmap
The Near blockchain network’s native token jumped 12% after Coinbase’s announcement.
Arrow Up (Unsplash)

Young man running
Health and Fitness App Sweat Economy Raises $13M in Private Token Sale to Move to Web3
The company is teaming with Near Protocol to support the move.
Young man running

NEAR signage in Lisbon, Portugal (Zack Seward/CoinDesk)
BitGo to Serve as Near's Custodian
The firm will hold the assets that are in the blockchain's treasury.
NEAR signage in Lisbon, Portugal (Zack Seward/CoinDesk)