The financial situation of the NEAR Foundation remains strong and well-managed, with over $285 million in legal currency, $305 million in NEAR (worth over $900 million), and $70 million in investments and loans. In addition, the NEAR Foundation will reduce about 40% of its team, affecting 35 colleagues, mainly in marketing, business development, and community teams. The NEAR Protocol engineering team at Pagoda will continue to operate as usual.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
NEAR Foundation will reduce its team by approximately 40%, but its financial position remains strong
-
Wechat scan to share
Recommended for you
-
Squad3 ·
Squad3: The New Leader in the Social Earnings Track
Squad3: The New Leader in the Social Earnings Track
-
Mint Blockchain Community Gathering Vol. 3 | Poker Night!
Amid excitement and anticipation, the Mint Blockchain community is gearing up for its third Community Gathering, this time with the thrilling theme of Poker Night!
-
Tropical Rainforest Point Zone Wave 2：Get your RedotRay Crypto Card
We believe this partnership will further accelerate the integration of cryptocurrency into everyday life, providing users with a more flexible and diversified payment experience! 💳✨
-
Mint Blockchain Secures an Additional 750K OP Delegation, Strengthening Its Core Role in Optimism Governance!
As a key member of Optimism Superchain governance, we are proud to announce that we have received an additional 750K OP delegation, bringing our total voting power to over 1 million OP.
-
PermaDAO ·
The ArFleet Debate: Breakthrough Innovation or Departure from Arweave's Permanent Storage Vision?
ArFleet is a decentralized temporary storage protocol that establishes a trustless storage marketplace, allowing users to purchase time-limited storage services on demand.
-
XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22
On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8). -
Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts
Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC). -
Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network
According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud. -
The country's first digital RMB-based intellectual property securitization product was successfully issued
"Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project. -
APT breaks through $9.5
market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.
Daily Must-Read
-
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
-
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
-
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
-
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
-
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
-
Why is Solana's Dogwifhat (WIF) memecoin crashing?
All Comments