The NEAR Protocol platform has created an ecosystem fund
$800 million will be allocated to support developers
26.10.2021 - 07:50
551
1 min
0
What's new? The official Twitter account of the NEAR Protocol platform has published news about the creation of a new $800 million fund. The money will be used to develop the protocol ecosystem.
📣 Early #NEARCON Announcement! 💥Learn more about @NEARProtocol's $800M Global Ecosystem Fund. 🔽https://t.co/00UaiA3jC1— NEAR Protocol (@NEARProtocol) October 25, 2021
What will the money be used for? The sum of $800 million will be divided into several directions. The bulk of $350 million will be spent on decentralized finance projects. Another $250 million will be given to developers as grants. The team will finance a number of promising startups for $100 million. The last $100 million will be allocated for the development of NEAR Protocol regional offices.
The platform’s developers have also announced a further increase in the number of blockchain validators to 100. Additional funding will be provided for this.
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$63 531
BTC
-5.18%
-
Ethereum
$1 772.84
ETH
-5.54%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.16
XRP
-6%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.088679
DOGE
-5.35%
-
Zcash
$560.35
ZEC
-9.96%
-
Cardano
$0.193328
ADA
-10.72%
-
Stellar XLM
$0.2077
XLM
-9.69%
-
Polkadot
$3.32
DOT
+5.27%