Foundation

A foundation is training an oil community in Akwa Ibom on how to demand environmental remediation, highlighting that many host communities remain unaware of their legal rights to gas flare funds allocated for environmental restoration.

An individual claims there is a man named 'Larry from Manhattan' who can help resolve long-term medical issues through his foundation. The claim involves a friend's story about a non-existent Stage V cancer diagnosis being cured by a 'miracle drug' after consulting Larry, which is suspected to be a scam.

Russia has established a new S-400 air defense position near Moscow State University, adjacent to an innovation center run by a foundation headed by Vladimir Putin's daughter, as part of a new defensive ring around Moscow in response to Ukraine's expanding long-range strike capabilities.

The University of Arizona has transferred endowment payouts from an external foundation to its own institution. The move involves shifting financial responsibilities related to endowment distributions.

The Cardano Summit 2026 was canceled after the community voted against a funding proposal from the Foundation. The decision reflects a rejection of the proposed financial plan by stakeholders.

Foundation raised $6.4 million led by Fulgur Ventures to launch Passport Prime, a hardware device designed to provide secure human approval for AI agent actions. The device combines Bitcoin wallet, authentication, and encryption features running on KeyOS, an open-source microkernel operating system, addressing new security challenges as AI agents gain autonomy across financial and enterprise systems.

A foundation has secured $6.4 million in funding to expand its operations from bitcoin hardware wallets into AI agent authorization services. The company announced general availability of its Passport Prime device and expanded access to its KeyOS developer platform.

Bitcoin dips to $77K–$79K with neutral market sentiment, while Ethereum faces pressure at $2.3K. Stalled US-Iran talks and rising oil prices weigh on crypto markets, alongside anticipation for the US Fed's rate decision and PCE inflation data. MicroStrategy acquires $255M in BTC, and BitMine's ETH holdings reach 5M tokens.

Tether froze $344 million in USDT linked to Iran sanctions, highlighting stablecoins' role in enforcement. Crypto faced $606 million in hacks in April, with Drift Protocol and KelpDAO (both tied to Lazarus) accounting for 95% of losses. Institutional players like Grayscale and Bitmine staked $500 million in ETH.

Ethereum NFT platform Foundation is shutting down after a failed acquisition attempt by Blackdove. The platform processed approximately $230 million in NFT primary sales since its 2021 launch.