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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
The Ethereum Foundation (EF) is launching a joint initiative to subsidize security audits for blockchain developers, aiming to make audits more accessible and strengthen the Ethereum ecosystem.
In a Tuesday announcement of the “Ethereum Security Subsidy Program,” the EF said it has partnered with digital asset advisory firm Areta to use its audit marketplace. Areta Market connects Ethereum builders to a pool of about 20 professional audit firms.
The EF will provide $1 million to support the audit program. Chainlink and Nethermind, an Ethereum execution client, will help vet applicants.
If selected, projects could receive funding to cover the costs of up to 30% of their audits. New cohorts will be chosen every month.
The EF said the program will explicitly support projects dedicated to CROPs—censorship resistance, open source, privacy, and security values. It noted that last month it published a mandate naming CROPs as core tenets of the Ethereum ecosystem.
Areta Market CEO Fin Boothroyd said the program is “anchored by an Expert Committee” drawn from organizations with expertise in Ethereum.
The EF also said the program will target teams with “genuine dedication to building on Ethereum,” along with technical merit, feasibility, and innovation, as well as a strong track record.
Areta described itself as an advisory firm that provides access to the Areta Market audit marketplace. The company previously helped set up a similar $1 million audit subsidy program for Solana developers.
Security has become a growing priority across the industry. Last month, Aave Labs announced a $1.5 million audit program to help secure the recently released Aave V4 protocol.
More than 20 firms are participating in the Aave-related effort, including Blocksec, Cetora, Hacken, Quantstamp, and Immunefi, the decentralized bounty program operator that was recently supported by Anchorage Digital.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
