21Shares has announced the launch of the first spot DOGE Exchange-Traded Fund (ETF) backed by the Dogecoin Foundation, aiming to offer investors regulated, physically backed access to the largest memecoin by market capitalization.

Dogecoin Goes From Memecoin To Wall Street

On Wednesday, financial services company 21Shares announced the launch of its 21Shares Dogecoin ETF (TDOG) on Nasdaq to provide “a new way to gain physically-backed DOGE exposure in traditional portfolios.”

According to the announcement, the firm’s DOGE ETF is the only investment product of its category to be officially endorsed by the Dogecoin Foundation, the nonprofit organization dedicated to supporting the ecosystem’s development.

Notably, two other spot DOGE ETFs are live: Grayscale’s GDOG and Bitwise’s BWOW. As reported by NewsBTC, the funds debuted in late November, becoming the first DOGE ETFs in the US market.

TDOG’s launch builds on 21Shares’ collaboration with the House of Doge, the corporate arm of the foundation supporting the ecosystem, to create new opportunities across the Dogecoin ecosystem.

The newly launched product will offer investors direct exposure to DOGE through a fully backed, transparent, and exchange-traded vehicle, holding the asset on a 1:1 basis in institutional-grade custody.

Regarding its decision to launch a DOGE ETF, 21Shares affirmed that the memecoin “captures the spirit of internet culture and continues to evolve in our digital economy.” Moreover, the firm argued that it has “helped onboard many new users to crypto, and for many people, this may serve as their first step into crypto.”

Federico Brokate, 21Shares’s Global Head of Business Development, stated that “Dogecoin is a unique asset with a global community and expanding real-world use cases,” adding that “TDOG offers investors regulated, physically backed exposure to DOGE through an ETF structure they already understand and trust.”

DOGE Prepares For New Rally

Analyst Bitcoinsensus suggested that the leading memecoin “could be on for a massive rally to the upside” based on its performance throughout this cycle. The market watcher explained that the cryptocurrency has been experiencing “mini cycles” since 2023, which have led to “bigger and bigger rallies.”

According to the chart, after its late 2022 pump, Dogecoin consolidated within a tight range before a 190% breakout in early 2024. Similarly, the memecoin repeated the same pattern throughout 2024, accumulating for months before a 480% breakout at the end of that year.

Now, DOGE has been consolidating within the $0.125-$0.280 price range for nearly a year, leading the analyst to believe that a breakout towards a higher target near the $0.750 level is possible.

Meanwhile, Trader Tardigrade also suggested that Dogecoin may be preparing for a massive breakout as it appears to be following its performance between late 2022 and 2024.

At the time, the cryptocurrency had apparently bottomed out but ultimately recorded another local low before reversing. Based on this, the analyst affirmed that the memecoin “might see a slightly lower low” in the coming weeks, before the next massive surge occurs.

As of this writing, Dogecoin is trading at $0.1249, a 1.75% decline in the daily timeframe.

House lawmakers are discussing a reauthorization of the National Quantum Initiative, with lawmakers eyeing agency prize challenges, workforce issues and supply chain concerns among other key updates.

During a hearing hosted by the House Committee on Science, Space and Technology on Thursday, lawmakers sought input from agencies leading quantum information science efforts. Chairman Brian Babin (R-Texas) said he is working with Ranking Member Zoe Lofgren (D-Calif.) on a reauthorization of the NQI.

“This effort seeks to reinforce U.S. leadership in quantum science, technology and engineering, address workforce challenges, and accelerate commercialization,” Babin said.

The National Quantum Initiative Act of 2018 created a national plan for quantum technologies spearheaded by agencies including the National Institute of Standards and Technology, the National Science Foundation and the Energy Department.

As the House committee works on its bill, Senate lawmakers earlier this month introduced a bipartisan National Quantum Initiative Reauthorization Act. The bill would extend the initiative for an additional five years through 2034 and reauthorize key agency programs.

The Senate bill would also expand the NQI to include National Aeronautics and Space Administration’s (NASA) research initiatives, including quantum satellite communications and quantum sensing.

Meanwhile, in September, the White House named quantum information sciences as one of six priority areas in governmentwide research and development budget guidance. “Agencies should deepen focused efforts, such as centers and core programs, to advance basic quantum information science, while also prioritizing R&D that expands the understanding of end user applications and supports the maturation of enabling technologies,” the guidance states.

During the House hearing on Thursday, lawmakers sought feedback on several proposals to include in the reauthorization bill. Rep. Valerie Foushee (D-N.C.) said the Energy Department had sent lawmakers technical assistance in December, including a proposal to provide quantum prize challenge authority to agencies that sit on the quantum information science subcommittee of the National Science and Technology Council.

Tanner Crowder, quantum information science lead at Energy’s Office of Science, said the prize challenges would help the government use “programmatic mechanisms” to drive the field forward.

“We’ve talked a little bit about our notices of funding opportunities, and the prize challenge would just be another, another mechanism to drive the field forward, both in potential algorithmic designs, hardware designs, and it just gives us more flexibility to push the forefront of the field,” Crowder said.

Crowder was also asked about how the reauthorization bill should direct resources for sensor development and quantum network infrastructure.

“We want to be able to connect systems together, and we need quantum networks to do that,” Crowder responded. “It is impractical to send quantum information over classical networks, and so we need to continue to push that forefront and look to interconnect heterogeneous systems at the data scale level, so that we can actually extract this information and compute upon it.”

Lawmakers also probed the witnesses on supply chain concerns related to quantum information sciences. James Kushmerick, director of the Physical Measurement Laboratory at the National Institute of Standards and Technology, was asked about U.S. reliance on Europe and China for components like lasers and cooling equipment.

“One of the things we are looking for within the reauthorization is to kind of refocus and kind of onshore or develop new supply chains, not even just kind of duplicate what’s there, but move past that,” Kushmerick said. “Through the Quantum Accelerator Program, we’re looking to focus on chip-scale lasers and modular, small cryo-systems that can be deployed in different ways, as a change agent to kind of move forward.”

Several lawmakers also expressed concerns about the workforce related to quantum information sciences, with several pointing out that cuts to the NSF and changes to U.S. immigration policy under the Trump administration could hamper research and development.

Kushmerick said the NIST-supported Quantum Economic Development Consortium polled members in the quantum industry to better understand workforce challenges.

“It’s not just in quantum physicists leading the efforts,” Kushmerick said. “It’s really all the way through to engineers and technicians and people at all levels. So I really think we need a whole government effort to increase the pipeline through certificates to degrees and other activities.”

The post Workforce, supply chain factor into reauthorizing National Quantum Initiative first appeared on Federal News Network.

© AP Photo/Seth Wenig

Cardano and its vibrant ecosystem are becoming more decentralized as several moves are consistently being made to improve the leading blockchain network. One of these efforts is clearly indicated by the steady expansion of ADA delegation to multiple community DReps across the sector.

More Cardano Delegation To DReps

In a bold and exciting move, the Cardano Foundation has taken another step forward toward deeper and robust decentralization. The Foundation’s goal for deeper decentralization is being carried by expanding its ADA delegation to about 11 community DReps, which strengthens on-chain governance and community participation.

The recent delegation activity was disclosed on Cexplorer, the biggest and most featured OG blockchain explorer, via the social media platform X. The action is in line with Cardano’s changing governance structure, where elected representatives hold a growing amount of decision-making authority instead of fundamental entities.

As reported by the popular explorer, the Cardano Foundation has delegated over 220 million ADA to the 11 community DReps. By expanding its ADA delegation, the foundation is reaffirming its dedication to openness, diversity, and long-term network resilience, thereby making Cardano more decentralized.

These are the most crucial pillars in the move as the network persistently shifts toward a full community-driven ecosystem. According to the explorer, the Foundation has also self-delegated about 171 million ADA, moving it from an auto-abstain in order for all funds to actively participate in governance.

Delegation Operations Snags A Notable Supply

Following the move, the amount of ADA that has been utilized for delegation activity has increased sharply. A massive wave of ADA delegation signals a growing acceptance of on-chain governance across the broader Cardano ecosystem.

Cexplorer reported that the number has seen steady growth over the past several months. Current data shows that over 36.9% of circulating ADA has been delegated to Cardano DReps, which reflects mounting conviction in the network’s model. 

Furthermore, it is a sign that more participants are willing to play a crucial role in shaping the blockchain’s future. Thus, decision-making power is shifting from concentrated entities to community voices as more holders pledge their tokens to designated representatives.

When compared to the stake pool, the explorer data shows that roughly 56% of ADA in circulation is delegated to the area. In the meantime, for delegators to be able to take out their staking rewards, they are expected to delegate to a DRep.

After a recent voting operation, Cardano’s future direction is now quite clear. Over 700 community members and 200 DReps participated in the voting process to decide where the ecosystem should be by 2030. 

At the end, 67.80%, representing over 3.77 billion ADA, voted yes to the proposal that the network is moving in the right direction. Meanwhile, the rest, representing 491 million ADA, voted No to the proposal.

The Cardano Foundation said it has hit the first milestone in its updated governance roadmap, expanding delegation to a new set of community representatives as the ecosystem leans further into on-chain decision-making. The move matters because it shifts meaningful voting weight toward delegated representatives (DReps) whose mandates emphasize adoption and day-to-day network operations rather than purely technical development.

Cardano Foundation Expands DRep Delegation

In a post on X and an accompanying blog update, the Foundation said it has delegated an additional 220 million ADA to 11 selected DReps, roughly 20 million ADA each, focused on the pillars of Adoption and Operations. The Foundation framed the step as a continuation of earlier delegations to “Developer & Builder DReps,” and said the new allocation brings total delegation to community DReps to 360 million ADA.

Alongside the additional community delegation, the Foundation said it is revising how it handles its remaining stake in governance. “Rather than leaving a portion of our funds on auto-abstain as initially planned, we will self-delegate the remaining balance (approximately 171 million ADA),” the Foundation wrote. “While this exceeds our initial estimate, it ensures no ADA remains passive and still results in a net reduction of our overall voting power by approximately 43 million ADA, with the clear majority of our holdings now empowering community DReps.”

The Foundation emphasized that the delegations are intended to distribute voting power without imposing direction. “This delegation is not a blind bet, rather it’s a show of trust in a proven history of sound decision-making,” it said. “As always, it’s also a show of good faith: These new delegations come without any expectation regarding voting outcomes. We will not direct these DReps on how to vote, nor will we provide a voting manual.”

That posture, explicitly accepting dissent from its own views, was positioned as a feature rather than a risk. The Foundation said it expects “differing opinions” between the newly selected DReps and the Foundation itself, describing that divergence as evidence of “a healthy, decentralized governance system.”

The Foundation’s rationale for targeting adoption and operations reads as a governance design choice: broaden the expertise mix beyond protocol engineering. “To build a resilient governance system, we need more than just technical expertise—We need business acumen and operational stability,” it wrote, arguing that Adoption DReps can represent real-world utility, onboarding, and enterprise needs, while Operations DReps reflect the practical constraints faced by stake pool operators, toolmakers, and infrastructure providers.

In the published list, the Adoption cohort includes figures tied to community growth and product-building across the ecosystem, from regional community leadership to DeFi and stablecoin infrastructure, while the Operations cohort highlights long-running infrastructure roles such as block explorer analytics, stake pool operations, and SPO tooling.

The Foundation said all eleven delegations were completed in a single on-chain transaction, linking to the Cardano Explorer entry, and noted the delegations are effective immediately. It also encouraged the broader community to “follow and interact with these DReps,” including engaging with their voting rationales and participating in governance actions.

At press time, Cardano traded at $0.3549.

The Gates Foundation and OpenAI are launching a new partnership aimed at bringing artificial intelligence into frontline health care systems across Africa, starting with Rwanda.

The initiative, called Horizon1000, will deploy AI-powered tools to support primary health care workers in patient intake, triage, follow-up, referrals, and access to trusted medical information in local languages. The organizations said the effort is designed to augment — not replace — health workers, particularly in regions facing severe workforce shortages.

The Gates Foundation and OpenAI are committing up to $50 million in combined funding, technology, and technical support, with a goal of reaching 1,000 primary health clinics and surrounding communities by 2028. The tools will be aligned with national clinical guidelines and optimized for accuracy, privacy, and security, according to the organizations.

“I spend a lot of time thinking about how AI can help us address fundamental challenges like poverty, hunger, and disease,” Bill Gates wrote in a blog post. “One issue that I keep coming back to is making great health care accessible to all — and that’s why we’re partnering with OpenAI and African leaders and innovators on Horizon1000.”

In sub-Saharan Africa alone, health systems face a shortage of nearly six million workers — a gap Gates said cannot be closed through training alone.

“AI offers a powerful way to extend clinical capacity,” wrote the Microsoft co-founder.

The announcement comes during the World Economic Forum’s 2026 annual meeting, where Gates appeared alongside Rwanda’s Minister of ICT and Innovation and the head of the Global Fund to discuss how AI and other technologies could help reverse recent setbacks in global health outcomes.

OpenAI, backed by Microsoft, earlier this month rolled out ChatGPT Health as part of its foray into healthcare.

Other nonprofits are exploring ways to apply AI in healthcare. PATH, a Seattle-based global health nonprofit, has received funding from the Gates Foundation to support this work. That includes grants to develop diagnostics and other healthcare services targeting underserved populations in India, and funding to study the accuracy and safety of AI-enabled support for healthcare providers.

Previously: Gates Foundation will cut up to 500 positions by 2030 to help reach ‘ambitious goals’

Charles Hoskinson, the founder of Cardano, has publicly criticized Ripple CEO Brad Garlinghouse, who has endorsed the Digital Asset Market Clarity Act, a bill of the U.S. crypto market structure that has become controversial in the industry.

The controversy shows the continual gap between key crypto players on whether to have imperfect regulation instead of years of uncertainty, as the legislation waits longer for enactment due to deepening political and policy fears.

Hoskinson’s criticism surfaced during a live broadcast on X, where he questioned why Garlinghouse would back a bill that, in his view, risks handing regulatory authority back to agencies that have previously taken enforcement action against the industry.

Happy Sunday https://t.co/OqL64m7JEz

— Charles Hoskinson (@IOHK_Charles) January 18, 2026

Hoskinson said he was alarmed by the argument that any form of clarity is preferable to none, especially when the bill would empower the same institutions that have sued crypto companies in the past.

He framed the issue as one of trust, warning against conceding control to regulators who, he said, had already demonstrated hostility toward the sector.

Hoskinson Doubts CLARITY Act Can Survive This Quarter

The remarks were in response to Garlinghouse’s public endorsement of the CLARITY Act, which seeks to clarify the regulatory jurisdiction between the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.

Garlinghouse has claimed that the bill is not flawless, but even with its passing, it would be an improvement in an industry that has been shrouded in legal ambiguity.

He has maintained that the crypto sector cannot afford to wait indefinitely for ideal legislation, particularly as lawmakers attempt to merge the Clarity Act with broader crypto market structure proposals.

Hoskinson’s objections go beyond the bill’s text and extend into the political environment surrounding it. He has blamed the Trump administration’s crypto policy leadership, particularly David Sacks, for undermining the bill’s early bipartisan momentum.

The @SECGov has sharply scaled back its enforcement actions against the cryptocurrency industry since @realDonaldTrump returned to office.#SEC #Trumphttps://t.co/NCTPm62pCR

— Cryptonews.com (@cryptonews) December 16, 2025

Hoskinson said that what once had a realistic chance of passage became politically compromised after President Trump’s involvement in launching meme coins, which he said turned regulatory discussions into partisan theater.

Hoskinson has gone as far as calling for Sacks to resign if he fails to guide the legislation through Congress, arguing that the window for passage is rapidly closing.

Cardano’s Charles Hoskinson says Trump’s crypto czar should resign if the CLARITY Act fails this quarter, criticizing U.S. crypto policy and regulatory failures.#CLARITYAct #Cardano https://t.co/8PnQun55TI

— Cryptonews.com (@cryptonews) January 12, 2026

The Cardano founder suggested that the likelihood of passage diminishes with each week of inaction, as competing priorities and political calculations take over in Washington.

Optimism Meets Resistance as Crypto Leaders Disagree on Clarity Bill

Not all industry leaders share Hoskinson’s pessimism, as Galaxy Digital CEO Mike Novogratz has said he believes the bill could still move forward within weeks, citing conversations with bipartisan lawmakers who remain engaged.

@galaxyhq warns the Senate crypto bill could give the U.S. Treasury “Patriot Act-style” surveillance powers over DeFi.#DeFi #Senate #Treasury https://t.co/0u8PR3ueM5

— Cryptonews.com (@cryptonews) January 14, 2026

At the same time, Coinbase CEO Brian Armstrong has distanced his company from the bill in its current form, adding another layer of complexity to the debate.

Armstrong confirmed that Coinbase withdrew its support over concerns that the latest draft could harm decentralized finance, restrict tokenized stock offerings, and prohibit stablecoin yield-sharing with users.

Though he refuted claims of a rift between Coinbase and the White House, Armstrong stated that the exchange would prefer that the bill be stalled rather than enacted with what he called harmful provisions to innovation and consumers.

@Coinbase CEO @brian_armstrong denied reports of a White House rift and said support for the CLARITY Act remains intact.#Coinbase #Cryptohttps://t.co/530Jslc9vX

— Cryptonews.com (@cryptonews) January 18, 2026

This position of Armstrong seems to correspond more with the concerns of Hoskinson than with those of Garlinghouse.

Lawmakers subsequently postponed a planned markup of the bill, showing that negotiations remain unresolved.

The debate has exposed broader tensions within the crypto sector, with some executives pushing for immediate regulatory clarity and others warning that rushed legislation could entrench restrictive rules for years.

The post Cardano’s Charles Hoskinson Blasts Ripple CEO Over ‘Sabotaged’ Clarity Act – Why? appeared first on Cryptonews.

The Office of Personnel Management extended the deadline to apply for the U.S. Tech Force, due to what it said has been “tremendous interest and a recent surge in applications.”

The Tech Force program initially launched in December, as a way to temporarily hire technologists into government for two-year stints to work on critical tech challenges across agencies. Those interested now have until Feb. 2 to apply for a spot in the program, according to a Thursday social media post. OPM is targeting 1,000 recruits to the program by March.

It’s not clear how many individuals have so far submitted applications to Tech Force. But OPM Director Scott Kupor said more than 35,000 people expressed initial interest in the program.

“We’re working through our funnel now of how many of those people will give us a resume, how many people will do the application,” Kupor said Wednesday during an event hosted by Washington AI Network. “From my perspective, the interest is phenomenal.”

The federal tech recruitment program incorporates skills-based hiring practices by not requiring candidates to have a college degree to apply for the program. It is also targeted in large part toward hiring early-career talent — something the government has struggled with for years.

“If we do nothing, basically, we have a pending problem where we’re going to have a ton of people retiring over the next five or 10 years, and we’ve done absolutely nothing to actually replenish the pipeline,” Kupor said. “So, to us, this is the perfect opportunity. We can fill a talent gap in the technology area, and we can also start to solve what we call the early-career problem in government.”

Early-career staffing in government, however, has declined over the last year due to the Trump administration’s efforts to reduce the size of the federal workforce. Currently, 7.9% of the federal workforce is under age 30, compared with 8.9% a year ago. In contrast, about 41% of the federal workforce is over age 50, and 13.5% of federal employees are eligible to retire, according to OPM workforce data.

“You saw a disproportionate number of young, tech-savvy federal employees being shown the door,” Max Stier, president and CEO of the Partnership for Public Service, told reporters Thursday. “The federal government has had a history of insufficient generationally diverse talent, and that went down even further over the course of the past year.”

Additionally, as part of the more than 320,000 federal employees who left government last year, OPM workforce data shows that agencies lost nearly 13,000 IT managers governmentwide. That includes a net loss of about 4,300 IT managers in the Defense Department, and 1,400 IT managers at the IRS.

But through the Tech Force program, Kupor said his goal of creating more flexibility for technologists to move between jobs in the federal and private sectors may lead to better recruitment of early-career federal employees.

“If you’re an early-career person, you don’t need to make a 40-year decision as to whether you’re going to be in government or be in the private sector,” Kupor said. “I think it would be healthy, both for the government and for the private sector, if we had more people who come in and out … We want to create a fluid career track, particularly for early-career folks.”

Kupor expressed interest in scaling up the initial 1,000-member Tech Force cohort over time. He also discussed the possibility of expanding the federal recruitment program to other fields, such as HR specialists and financial analysts.

To recruit talent for Tech Force, OPM is collaborating with various private sector companies, along with the NobleReach Foundation — a non-profit organization with an existing STEM scholarship program targeted toward public service. The organization is expected to work with OPM to help connect agencies with Tech Force recruits in AI, cybersecurity, data science and more.

“We’re at a transformational time right now — how people think about their careers is going to be very different,” NobleReach CEO Arun Gupta said Wednesday during the Washington AI Network event. “You may decide you want to stay, you may decide to leave, but we celebrate both options. We want them to be ambassadors for understanding what public service is about and stay connected to public service.”

The Tech Force hiring effort is far from the first time the government has created a short-term program seeking to recruit technologists and early-career talent. Initiatives during past administrations have included the U.S. Digital Service, now called the U.S. DOGE Service, as well as the U.S. Digital Corps.

“Some of what we’re seeing right now, frankly, is duplicating stuff that used to exist that no longer does … and we did see an outflow of a lot of tech talent in the federal government,” Stier said. “It is obviously better that they’re now trying to bring more tech talent in, but it’s going to be more difficult given the track record that they’ve had in shutting down preexisting programs that were intended to solve for the same problems.”

Stier also emphasized the importance of integrating the temporary Tech Force employees with the current federal workforce to maximize technological progress in agency programs.

“It is not really possible to achieve significant long-term improvement by trying to strap on some external force that parachutes in for a short period of time,” Stier said. “You really need to invest in the people that are already there, that have deep knowledge not only about the subject matter of the programs, but also about the way government works.”

The post OPM extends Tech Force application deadline, citing ‘tremendous interest’ first appeared on Federal News Network.

© Federal News Network

With the latest move and partnership from Cardano, the financial sector could be set for a major shift. A new financial audit has been launched from the recent partnership that aims at bolstering accountability in the broader finance landscape, which reflects the blockchain’s focus on transparency.

New Audit On Cardano To Boost Financial Oversight

Recently, the Cardano Foundation announced a new partnership with global professional services firm Grant Thornton as they step toward enhancing transparency and institutional credibility. By joining forces, both leading firms have collectively launched a new comprehensive financial audit.

The partnership was disclosed by the Cardano Foundation on their official page on the social media platform X. According to the Foundation, this audit is cryptographically secured and attested directly on-chain using their Virtual LEI (vLEI).

This new audit is being described as a global first for financial trust and transparency in the blockchain industry. Powered by Reeve, this new gold standard is the Cardano Foundation’s enterprise-grade financial data management solution.

By hiring one of the top audit firms in the world, the foundation is demonstrating its dedication to regulatory-ready standards and accountability, which are essential elements for drawing in long-term investors and enterprise adoption. In a world driven by data, trust, and verification, the Foundation claims that accountability is everything, and Cardano is at the forefront of this narrative. 

Frederik Gregaard, the Chief Executive Officer (CEO) of the Foundation, stated that this audit was executed in two on-chain transactions. “For me personally, it closes one chapter and opens a much larger one. A future where financial trust is native to infrastructure, not bolted on through intermediaries,” the CEO added.

Institutions Are Choosing The Blockchain

Cardano’s position as a blockchain project focused on rigor and trust is evidenced by its growing adoption on the institutional level. A few days ago, one of the world’s largest companies, Google, took a bold step by investing in the blockchain’s infrastructure.

According to the report from ADA Advocate, the Google Cloud stake pool can now be found on the network and the newly launched Midnight chain. Google’s involvement and recognition of Cardano’s security and stability is a significant advancement in the use of blockchain technology by actual business behemoths.

Amid the rising demand, the price of Cardano has begun to display bullish momentum, pushing back above $0.4. Market expert and veteran financial trader, Matthew Dixon, highlighted that ADA currently holds tremendous upside potential with 5 waves up from the low, as either an A wave or wave 1.

More than two times the potential is given by even the most cautious interpretation of an A wave, and much more if wave 1. As a result, the expert has placed the altcoin among his favorites for Q1 2026.

Wikimedia is selling enterprise access to Wikipedia to Microsoft, Meta, and Amazon, shifting AI firms from scraping to paid data feeds for training.

The post Why Microsoft, Meta, and Amazon Are Now Paying Wikipedia appeared first on TechRepublic.

Wikimedia is selling enterprise access to Wikipedia to Microsoft, Meta, and Amazon, shifting AI firms from scraping to paid data feeds for training.

The post Why Microsoft, Meta, and Amazon Are Now Paying Wikipedia appeared first on TechRepublic.

The AI partnerships allow companies to access the org's content, like Wikipedia, at scale.

On Thursday, the Wikimedia Foundation announced API access deals with Microsoft, Meta, Amazon, Perplexity, and Mistral AI, expanding its effort to get major tech companies to pay for high-volume API access to Wikipedia content, which these companies use to train AI models like Microsoft Copilot and ChatGPT.

The deals mean that most major AI developers have now signed on to the foundation's Wikimedia Enterprise program, a commercial subsidiary that sells high-speed API access to Wikipedia's 65 million articles at higher speeds and volumes than the free public APIs provide. Wikipedia's content remains freely available under a Creative Commons license, but the Enterprise program charges for faster, higher-volume access to the data. The foundation did not disclose the financial terms of the deals.

The new partners join Google, which signed a deal with Wikimedia Enterprise in 2022, as well as smaller companies like Ecosia, Nomic, Pleias, ProRata, and Reef Media. The revenue helps offset infrastructure costs for the nonprofit, which otherwise relies on small public donations while watching its content become a staple of training data for AI models.

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The Gates Foundation on Wednesday unveiled a record $9 billion operating budget for 2026 — which includes a plan to reduce its workforce by up to 500 positions over the next five years, or about a fifth of its current headcount.

The foundation’s board approved a cap on operating expenses of no more than $1.25 billion annually — roughly 14% of its total budget — prompting the cuts and other cost controls to align internal spending with that new limit.

The Seattle-based foundation said headcount targets and timelines will be adjusted year by year, and that it will continue to hire selectively for roles deemed critical to advancing its mission.

The decision comes after the foundation announced last year that it would shut down by 2045.

Bill Gates, the Microsoft co-founder who helped launch the Gates Foundation in 2000, announced plans in May to give away $200 billion — including nearly all of his wealth — over the next two decades through the foundation.

The philanthropy is the world’s largest and has already disbursed $100 billion since its founding, helping save millions of lives with its focus on global health and other social initiatives.

“The foundation’s 2045 closure deadline gives us a once-in-a-generation opportunity to make transformative progress, but doing so requires us to focus relentlessly on the people we serve and the outcomes we want to deliver,” Mark Suzman, CEO of the Gates Foundation, said in a statement. “Ensuring as much of every dollar as possible flows toward impact is critical to achieving our ambitious goals to save and improve millions more lives over the next 20 years.”

The foundation had already begun ramping up its grant making, issuing $8.75 billion in 2025, and previously committed to distribute $9 billion this year. It has a $77 billion endowment.

This year the foundation will increase spending in priority areas, including maternal health, polio eradication, U.S. education, and vaccine development.

The increase in funding commitments comes amid Trump administration cuts to global foreign assistance, its shutdown of the U.S. Agency for International Development (USAID), and broader reductions in funding for health and scientific research.

In his annual letter released last week, Gates wrote that “the thing I am most upset about” is that the number of deaths of children under 5 years old increased in 2025 for the first time this century, which he traced to cuts in aid from rich countries.

“The next five years will be difficult as we try to get back on track and work to scale up new lifesaving tools,” he wrote. “Yet I remain optimistic about the long-term future. As hard as last year was, I don’t believe we will slide back into the Dark Ages. I believe that, within the next decade, we will not only get the world back on track but enter a new era of unprecedented progress.”

On Wednesday, the Zcash Foundation announced a significant development regarding its ongoing operations: the US Securities and Exchange Commission (SEC) has concluded its investigation into the public charity. 

This news has sparked a notable recovery in the price of the Zcash native token (ZEC), signalling renewed investor confidence, with trading volume surging by 39% over the past 24 hours.

Zcash Foundation Cleared By SEC

The Zcash foundation received a subpoena from the regulatory agency back in August 31, 2023, as part of a broader inquiry titled “In the Matter of Certain Crypto Asset Offerings (SF-04569).” 

After a thorough review, the Zcash Foundation was informed that the SEC does not plan to recommend any enforcement actions or changes pertaining to the organization. 

This comes amid significant regulatory changes towards digital assets under the Trump administration, including the appointment of the pro-crypto Paul Atkins as chair of the SEC. Similar enforcement actions against firms such as Uniswap (UNI), Coinbase (COIN) and Robinhood (HOOD) were dropped last year.  

ZEC Price Surges Near $440

In their statement, the foundation expressed satisfaction with the outcome, emphasizing their commitment to transparency and adherence to regulatory standards. They reiterated their focus on advancing financial infrastructure that preserves user privacy for the greater good.

Following this announcement, ZEC experienced a robust increase of 12%, pushing its price to approximately $437.75 at the time of writing. This surge comes after the cryptocurrency had recently dipped to a near one-month low of $363 last Saturday, illustrating a significant turnaround. 

However, even with this recent boost, the Zcash token still has a long way to climb. The cryptocurrency remains 86% below its all-time high of over $3,191, according to CoinGecko data.

Featured image from DALL-E, chart from TradingView.com 

Bitcoin Magazine

Human Rights Foundation Grants 1.3 Billion Satoshis to 22 Freedom Tech Projects Worldwide in Q4 2025

The Human Rights Foundation (HRF) has announced 1.3 billion satoshis in new grants from its Bitcoin Development Fund, backing 22 projects worldwide aimed at strengthening financial freedom and censorship resistance under authoritarian regimes.

The funding round, disclosed today exclusively to Bitcoin Magazine, will support open-source Bitcoin development, decentralized mining infrastructure, privacy-preserving financial tools, and grassroots education initiatives across Asia, Africa, and Latin America. 

HRF said the projects are designed to improve the Bitcoin protocol itself while expanding access to permissionless money for dissidents, journalists, nonprofits, and ordinary citizens facing political repression.

The full list of recipients is as follows for the fourth quarter of 2025. 

Bitcoin Decentralization

Stratum V2 (Stratum Reference Implementation)

Much of Bitcoin mining still relies on outdated communications protocols that prevent individual miners from choosing the transactions they mine. This leaves block construction in the hands of mining pools, exposing the network to censorship risks. Stratum V2 solves this fault by enabling home miners to build their own block templates. HRF funding will support software developer bit-aloo’s full-time work improving Stratum V2 through performance testing, integration work, and code maintenance, helping individuals regain autonomy within existing pool structures.

Braidpool

Traditional Bitcoin mining pools rely on a centralized structure where the operator controls reward payouts and transaction selection, creating censorship risks. Braidpool addresses this structural centralization by introducing a peer-to-peer, open-source mining pool design where participants collaboratively construct blocks and coordinate rewards without relying on a central operator. With HRF support, software developer Mohd Zaid will advance a new, more democratic mining model that strengthens decentralization and transparency.

Bitcoin Education

Open Money, Closed Access: Building Financial Freedom (OMCA)

In conflict-affected and connectivity-constrained environments, communities are often cut off from formal banking services and safe ways to store or transfer value. OMCA addresses these challenges through Bitcoin-based tools designed for low-cost, private transactions and offline-first use. The program supports the development of local financial infrastructure and resilient communications technologies suited to high-risk contexts. HRF’s support enables individuals to save and transact more securely and discreetly during periods of instability.

Learning Bitcoin from the Command Line

As Bitcoin evolves, open-source developers need up-to-date resources that teach them how the system actually works. Learning Bitcoin from the Command Line teaches prospective developers how Bitcoin works through a hands-on curriculum and across multiple languages. HRF’s funding will allow the project to update its curriculum to match the latest changes to Bitcoin’s software, helping grow the global pool of contributors who keep Bitcoin accessible and resilient.

Voices Uncensored: A Bitcoin-Based Platform for Human Rights Defenders in Azerbaijan

In Azerbaijan, the state routinely targets activists and journalists with surveillance, bank freezes, and blocked donations. Voices Uncensored is a Bitcoin-based platform for human rights defenders led by former political prisoner Elchin Mammad. It pairs uncensorable donations and payments with Azerbaijani-language training and educational resources. HRF’s support will equip Azerbaijan’s human rights defenders with the financial independence, privacy, and resilience needed to continue their work under a repressive regime.

Bitcoin Famba

In Mozambique, citizens face chronic inflation, growing debt, and heavy restrictions on their financial autonomy. Bitcoin Famba, based in Maputo-Matola, provides accessible Bitcoin education and fosters local circular economies. HRF funding will help dissidents and everyday people access permissionless and censorship-resistant money to achieve financial independence in a repressive political and economic environment.

Bitcoin Indonesia & Bitcoin House Bali

Indonesians face growing financial surveillance, inflation, and censorship. Bitcoin Indonesia, Indonesia’s pioneering Bitcoin gathering, along with its Bitcoin education center, Bitcoin House Bali, offers training on using Bitcoin to protect incomes, preserve financial autonomy, and navigate restrictive banking systems. HRF’s funding will expand its workshops, meetups, and media outreach to make Bitcoin a practical tool for financial freedom across the country.

The Bitcoin Learning Center

Across Southeast Asia, millions of people face financial surveillance, exclusion from traditional banking systems, and currency instability. The Bitcoin Learning Center, a physical Bitcoin education hub in Chiang Mai, Thailand, brings students from Thailand, Burma, Laos, and Southern China to learn how to counter this financial repression through Bitcoin. HRF support will expand the center’s educational outreach to ensure more people living under authoritarian regimes gain access to open and decentralized financial tools.

Bitcoin Development

Devgitotox

Bitcoin’s reliability and security depend on a robust codebase. Devgitotox is a Tanzanian Bitcoin Core developer contributing to Bitcoin’s primary software implementation. Her work focuses on improving wallet upgrades, fixing issues with how transactions are created and shared, ensuring nodes connect reliably to the network, and building software testing tools. HRF’s support of Devgitotox helps strengthen the Bitcoin codebase while empowering more women to contribute to Bitcoin Core.

Stratospher

Bitcoin’s peer-to-peer network can be vulnerable to surveillance and disruption if weaknesses in transaction relay, validation logic, or cryptographic components are not addressed. Stratospher, a Bitcoin Core developer from South Asia, strengthens the protocol by improving how nodes (computers running the Bitcoin software) share and spread information, improving validation and cryptographic systems, and enhancing code quality through reviews and testing. With HRF funding, her contributions will help ensure that Bitcoin remains a robust tool for financial freedom.

Sovereign Engineering

Authoritarian regimes actively suppress financial freedom, leaving human rights defenders in need of open and censorship-resistant financial technologies. Sovereign Engineering is a long-term development program that supports freedom technologists building on Bitcoin, Nostr, and ecash. Already, the program has catalyzed projects like Blossom, which stores data on public servers in a decentralized manner, and npub.cash, a Nostr-native Lightning address for anyone. With this funding, the program will continue to innovate on freedom technologies that protect civil liberties under repression.

OpenSats Initiative, Inc.

Open and transparent funding is key to sustaining many of the freedom technologies human rights defenders rely on today. OpenSats is a public nonprofit organization that supports the projects and the individuals building freedom tech by distributing financial support across the ecosystem. With this grant, OpenSats can fortify its operations and continue channeling resources to the builders who keep freedom tech open, secure, and accessible for people living under tyranny.

Lightning Development

Africa Free Routing Lightning Developer Bootcamp

Bitcoin adoption is rising across Africa, but access to quality education and development training is often limited or unaffordable. Africa Free Routing’s Lightning Developer Bootcamps address these mismatches by providing structured programs that combine theory, hands-on workshops, and mentorship to software developers. These same developers can then contribute to the Lightning Network and build censorship-resistant financial tools. With HRF funding, the program will expand to ten bootcamps across Ethiopia, Uganda, Burkina Faso, and beyond to foster a continent-wide network of freedom tech contributors.

Programming Lightning

In many repressive environments, the Lightning Network ecosystem suffers from a shortage of skilled developers, leaving censorship-resistant payment tools underbuilt and unevenly maintained where they are needed most. Programming Lightning is an open-source course that will offer self-paced, multi-language learning with hands-on programming exercises. The curriculum will teach anyone to build on Lightning. This grant will help scale a global community of builders to sustain an open payment infrastructure that activists can use to sustain their work under repression.

Freedom Tech

Zapstore

Authoritarian regimes can censor freedom-tech apps on centralized app stores to control information and limit tools for communication and organizing. Zapstore is an app store built on Nostr, a protocol for decentralized communication. On Zapstore, apps can be independently uploaded and verified by users, without being blocked or removed by dictators. HRF’s support will ensure that dissidents, journalists, and civil society around the world have access to freedom tech without gatekeepers.

Validating Lightning Signer

Most computers running the Lightning Network software today store private keys on the node itself. This creates an online setup where a breach can allow attackers to drain a user’s bitcoin. Validating Lightning Signer (VLS) solves this by separating key management from the node and validating every transaction before signing, enabling true self-custody and resistance to breaches. With HRF support, VLS will lower the barrier for people to safely control and use their own money on the Lightning Network, even in places where financial and digital rights are under threat.

Vexl

Dissidents acquiring bitcoin often need to do so privately to protect their identity, donor networks, and personal safety. Yet centralized exchanges often collect vast troves of personal information and monitor user activity. To address this, Vexl, an open-source mobile app, allows peer-to-peer bitcoin trading without collecting personal data. With HRF’s support, Vexl can provide human rights defenders and civil society in authoritarian contexts a means to acquire Bitcoin without surveillance and absent gatekeepers.

Dhananjay Purohit

Dictators frequently restrict the finances of online platforms and independent media to silence dissent. To overcome this, open source developer Dhananjay Purohit built ngx_l402, a web server module that enables websites and applications to accept bitcoin payments directly for web or API access. With HRF’s grant, Purohit’s work can help embed bitcoin payments into the internet infrastructure layer, keeping the web open, uncensorable, and resistant to centralized financial control.

BTCPay Server

Under dictatorships, traditional nonprofit fundraising channels can be censored, surveilled, frozen, or cut off without warning. BTCPay Server uses the permissionless foundations of Bitcoin to work around this. Using this open-source and self-hosted software, NGOs and dissidents can freely accept Bitcoin and Lightning payments directly into their self-custodial wallets. HRF’s renewed support will ensure censorship-resistant crowdfunding in even the most repressive environments. 

Bitika

In Kenya, obtaining bitcoin can be challenging. Bitika addresses this by allowing users to buy bitcoin directly into their Lightning wallets through M-Pesa (the country’s most widely used financial infrastructure). This makes self-custodial Bitcoin use simple and accessible. This grant will help Bitika improve Kenyans’ financial independence by expanding access to censorship-resistant money in an increasingly surveilled payments landscape.

Threads of Freedom: A Bitcoin Graphic Novel and Learning App

Young people, especially women and girls, who live under repressive regimes often lack access to financial education. Threads of Freedom, created by Afghan tech pioneer and founder of the Digital Citizen Fund, Roya Mahboob, provides a culturally-rooted graphic novel and learning app that explains how Bitcoin works and why it matters under tyranny. With HRF support, Threads of Freedom will expand access to education that helps people protect themselves and remain financially autonomous under repression.

This post Human Rights Foundation Grants 1.3 Billion Satoshis to 22 Freedom Tech Projects Worldwide in Q4 2025 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

— Jon Pollock is now chief product officer of Acumatica, the Bellevue, Wash.-based enterprise software giant that was acquired last year by Vista Equity Partners.

Pollock joins Acumatica from childcare management software company Procare Solutions, where he was CPO and general manager of Procare’s ChildPlus division. He previously held leadership roles with Worldpay, Asurion, Dell, Polaroid and others.

“Jon has the experience, vision, and strong track record of leading dynamic teams to execute our product strategy and empower the people who use our software every day,” John Case, CEO of Acumatica, said in a statement.

Case succeeds Ali Jani, who was with the company for 16 years. Early in his career, Jani co-founded a PC manufacturing startup and a company providing software for business management operations.

— Mo Malakoutian is now the mayor of the City of Bellevue. Malakoutian joined the Bellevue City Council in 2023, was elected by his colleagues to serve as deputy mayor beginning in 2024, and was chosen as mayor this month.

Malakoutian previously worked at Amazon for more than eight years, leaving the role of senior manager of learning and development in October. He is currently the executive director of the University of Washington’s Consulting and Business Development Center with the Foster School of Business.

Malakoutian replaces Lynne Robinson, who was mayor since 2020. She remains on the Bellevue City Council.

City councilmember Dave Hamilton was appointed deputy mayor of Bellevue.

— Software engineering leader David Bettis is leaving Amazon after two decades. Bettis was most recently with Amazon Web Services, including roles focused on the company’s telehealth initiative. Earlier in his career, Bettis worked on the company’s Halo product, Amazon Go’s cashierless “Just Walk Out” technology, Kindle and other initiatives.

Bettis said on LinkedIn that he stayed at Amazon for so long because of the opportunity to work on emerging businesses, which provided “new and exciting opportunities, while staying under the same roof.”

More recently he had “explored a couple paths internally, but nothing sparked the same excitement I’d felt in previous roles. That’s when I realized it was time for a bigger change.”

The engineer added that he’ll spend most of this year deciding what full-time role comes next — maybe a smaller company, teaching, something entrepreneurial — and that he’ll be staying in Seattle.

— In another Amazon departure, Steven Hatch has resigned from his role as head of engineering with AWS Bedrock. Hatch, based in New York City, has been with Amazon for nearly 18 years, working in areas including with Audible, Amazon Prime delivery experience, computer vision and most recently in AI.

Hatch said on LinkedIn that he’s “closing a chapter that changed how I think, lead, and build. I’m proud of my achievements. But the real story was about the people, the learning, and the craft.”

Hatch did not disclose his next move, but said there would be “more soon.”

— Warren McNeel left T-Mobile after more then 25 years with the Bellevue-based telecom juggernaut. McNeel has been in the wireless sector for three decades, and most recently served as T-Mobile’s senior vice president of information technology.

McNeel said on LinkedIn that he wanted to spend time with his family “and begin thinking about the next chapter of my professional journey.”

“I’ve had the privilege of leading some of the best technology and product teams in the industry,” he added. “I couldn’t be more proud of the innovations, technology transformations, and results these teams delivered.”

— Seattle-based Gates Foundation appointed Sri Mulyani  Indrawati to its governing board. Indrawati was Indonesia’s first female minister of finance and the former managing director and chief operating officer of the World Bank.

“She adds fresh perspective for the board as it guides the foundation’s direction over the next 20 years,” said CEO Mark Suzman.

The Gates Foundation announced two additional leadership changes:

• Hari Menon is now president of the organization’s Global Growth and Opportunity Division. Menon has been with the foundation for nearly 20 years.
• Ankur Vora is president of the newly-created Africa and India Offices Division as well as retaining his role as chief strategy officer.

— Reverb, a Seattle-based HR consulting and leadership development firm, is officially expanding into the Colorado market with the hiring of Renee Fischer. Fischer, who resides in Denver, is a business development and human resources consultant.

— Sabah Öney joined the board of directors of Seattle’s Fred Hutch Cancer Center. Öney is the president and CEO of Dispatch Bio, a Bay Area startup that is developing a treatment for solid tumors. He is also a co-founder of the protein design company Vilya.

— Seattle-based Cascadia Capital, an investment bank serving clients globally, promoted Kerri Hagen to managing director within the its Financial Sponsors Group. Hagen has been with the firm for more than three years.

— Seattle software engineering startup FlintLab named Diwakar as its head of engineering. Diwakar, who was previously based in India, joins from the semiconductor company AMD. Past employers include Ericsson, RSA Security and others.

FlintLab launched in 2024 and describes itself as an “AI-powered infrastructure platform as a service” company. Co-founders Krishna Seerapu and Jinesh M.D previously held roles at Amazon and elsewhere.

— Life Science Washington announced four new members of its board of directors:

• Arden Yang, vice president of Innovation at the Allen Institute
• LisaMarie Curda, a partner focused on audit and assurance with Deloitte
• Jie D’Elia, CEO of the bio-pharmaceutical company SystImmune
• Chris Holt, vice president of cell therapy external manufacturing with Bristol Myers Squibb

Ethereum’s main network is witnessing a dramatic surge in activity, signaling renewed confidence and accelerating momentum across the ecosystem. Aspects like transaction throughput and user engagement appear to have pushed significantly higher over the past few weeks, breaking past prior peaks.

Another Historic Moment For Ethereum Network

Since the beginning of 2026, the Ethereum network has been hitting major milestones that reflect the blockchain’s efficiency and expanding ecosystem. Even in a volatile crypto landscape, ETH’s network usage and adoption have increased sharply, as evidenced by its rapidly growing active wallet addresses.

On-chain data reveals that the network has recently crossed a key threshold in terms of active wallet addresses following a sudden spike. From the report from Joseph Young, a market expert and narrator, the number of active addresses on ETH has surged to the highest level ever in its history.

This spike in user activity and interest signals more than just routine market noise and speculation. It shows growing adoption, increasing on-chain activity, and rekindled conviction in the leading ecosystem in the midst of general market instability.

After delving into the metric, the expert disclosed that the number of active 7DMA wallet addresses on Ethereum is sitting at over 811,500. As active address counts reached historic levels, the network’s fundamentals appear to have started surpassing its price performance. Should this performance hold, it is likely to play a huge role in shaping ETH’s next major move.

The blockchain’s performance extends beyond just massive active wallet addresses. Young added that Ethereum is the most proven network with more than 10 years of track record, underscoring its reliability and robust scalability.

During the period, ETH remained one of the most active and liquid crypto ecosystems by far. With several key updates over the years, such as the Fusaka Upgrade, the ETH network is now scaling faster than it ever did since its launch. 

ETH Carry Out More Transactions Than Ever

Given that a significantly high level of transactions is carried out on the network, Ethereum is still showing robust strength and a growing ecosystem. On-chain Foundation head of research, Leon Waidmann, shared a report that reveals that ETH is experiencing a wave of transactions, reaching unprecedented levels.

With over 2.2 million transactions being executed per day, the network has just hit yet another all-time high. The chart shows that the previous peak was positioned at 1.89 million per day, as recorded on January 10, reflecting its rising real-world usage in a period where network fundamentals are gaining robust significance.

While transactions continue to increase, the network’s transaction costs have remained extremely low. Swapping on the blockchain now costs just $0.04, Non-Fungible Token (NFT) sales cost about $0.06, borrowing fees are $0.03, and bridging costs, which are the lowest, are around $0.01.

Bill Gates had a front-row seat for the rise of AI, from his longtime work at Microsoft to early demonstrations of key breakthroughs from OpenAI that illustrated the technology’s potential. Now he’s urging the rest of us to get ready.

Likening the situation to his pre-COVID warnings about pandemic preparedness, Gates writes in his annual “Year Ahead” letter Friday morning that the world needs to act before AI’s disruptions become unmanageable. But he says that AI’s potential to transform healthcare, climate adaptation, and education remains enormous, if we can navigate the risks.

“There is no upper limit on how intelligent AIs will get or on how good robots will get, and I believe the advances will not plateau before exceeding human levels,” Gates writes.

He acknowledges that missed deadlines for artificial general intelligence, or human-level AI, can “create the impression that these things will never happen.” But he warns against reaching that conclusion, arguing that bigger breakthroughs are coming, even if the timing remains uncertain.

He says he’s still optimistic overall. “As hard as last year was, I don’t believe we will slide back into the Dark Ages,” he writes. “I believe that, within the next decade, we will not only get the world back on track but enter a new era of unprecedented progress.”

But he adds that we’ll need to be “deliberate about how this technology is developed, governed, and deployed” — and that governments, not just markets, will have to lead AI implementation.

More takeaways from the letter:

Job disruption is already here. He says AI makes software developers “at least twice as efficient,” and that disruption is spreading. Warehouse work and phone support are next. He suggests the world use 2026 to prepare, citing the potential for changes like a shorter work week.

Bioterrorism is his top AI concern. Gates warns that “an even greater risk than a naturally caused pandemic is that a non-government group will use open source AI tools to design a bioterrorism weapon.”

Climate will cause “enormous suffering” without action. Gates cautions that if we don’t limit climate change, it will join poverty and infectious disease in hitting the world’s poorest people hardest, and even in the best case, temperatures will keep rising.

Child mortality went backward in 2025. Stepping outside AI, Gates calls this the thing he’s “most upset about.” Deaths for children under 5 years old rose from 4.6 million in 2024 to 4.8 million in 2025, the first increase this century, which he traced to cuts in aid from rich countries.

AI could leapfrog rich-world farming. Gates predicts AI will soon give poor farmers “better advice about weather, prices, crop diseases, and soil than even the richest farmers get today.” The Gates Foundation has committed $1.4 billion to help farmers facing extreme weather.

Gates is using AI for his own health. He says he uses AI “to better understand my own health,” and sees a future where high-quality medical advice is available to every patient and provider around the clock.

AI is now the Gates Foundation’s biggest bet in education. Personalized learning powered by AI is “now the biggest focus of the Gates Foundation’s spending on education.” Gates says he’s seen it working firsthand in New Jersey and believes it will be “game changing” at scale.

Read the full letter here.

Bitcoin Magazine

Async Payjoin, the HTTPS of Bitcoin Privacy 

Async Payjoin is the best hope for strong privacy in Bitcoin. Modeled after HTTPS, which enabled secure payments for the web, the Payjoin foundation has been quietly building up this privacy toolkit, which must be adopted by a large number of Bitcoin wallets, to deliver privacy at scale. 

Modeled after the Bitcoin and Lightning dev kits — which have become quite popular among wallet developers — and built with the same cryptographic primitives already in Bitcoin core, such that it can be easily integrated into the main Bitcoin implementation, Async Payjoin is designed from the bottom up for mass adoption. 

Following in the footsteps of Let’s Encrypt, which in the 2010s led the mass adoption of HTTPS on the web via open source, free software tooling, Async Payjoin looks to solve Bitcoin’s biggest privacy pain points through an open privacy standard. Unlike specific privacy-focused wallets like Samourai Wallet and Wasabi, Async Payjoin is a software library that any bitcoin payments app can integrate, joining an open standard of privacy, similar to HTTPS on the web. 

Async Payjoin is also referred to as Payjoin V2 by the Foundation, as it differs from V1, an older implementation that requires both users to be online while they transact for the Payjoin to work. A growing list of Bitcoin wallets support the Payjoin Foundation’s V1 and V2 standards today, including:  

• BTCPay server – V1
• Blue Wallet – V1
• Bull Bitcoin Mobile – V2
• Wasabi Wallet – V1
• Cake Wallet – V2
• Bitmask – V1
• JoinMarket – V1
• Sparrow Wallet – V1

Async Payjoin is backwards compatible, such that users with wallets that do not support the standard yet can still send to Payjoin addresses and QR codes without friction to the users. Fans of Bitcoin privacy should ask their favorite wallet providers to integrate this open source standard, which developers can find a technical reference for at Bip 77, alongside their plug-and-play dev kit on GitHub. 

The PayJoin Foundation Team

The nonprofit PayJoin Foundation, launched in August 2025 to sustain open-source privacy development, receives funding from OpenSats and Cake Wallet, while Spiral, Human Rights Foundation, Maelstrom, and Btrust have supported many of the open-source developers who contributed to the project. Their GitHub shows 37 contributors just on the Rust implementation of Async Payjoin.

Development of the Async Payjoin protocol, also known as Payjoin V2 via Bip 77, is spearheaded by Dan Gould, executive director of the Payjoin Foundation and lead maintainer of the Payjoin DevKit. Dan has pioneered Bitcoin privacy tools since the TumbleBit era, forked Wasabi Wallet for mobile use, and co-authored BIP 77 with Yuval Kogman, advisory board member and Spiral Bitcoin Wizard with over two decades of programming experience. Kogman has done extensive work in the Bitcoin privacy field, such as developing WabiSabi DoS protections and whistleblowing vulnerabilities in various CoinJoin implementations. 

Armin Sabouri has also joined the team as R&D lead with prior roles as CTO at Botanix and engineer at Casa, co-winner of the 2021 MIT Bitcoin Hackathon by getting Bip 78 CoinJoin working on Mac OS via Tor, and is a co-author of BIP 347 (OP_CAT). 

Gould told Bitcoin Magazine that they are always fundraising and that “none of this work is possible without the funders.” He also went into detail about why they decided to start a Payjoin foundation rather than a for-profit entity, saying that “Bitcoin privacy — for-profits have basically been killed.” 

According to Gould, a nonprofit is more sustainable to solve the problem because it aligns the incentives; “I think the for-profits have an incentive to sell something that doesn’t necessarily guarantee privacy because if they make a sale, they earn profit. And we’ve seen on the internet that it was attempted. Phil Zimmerman started a company that developed PGP. But HTTPS was a decentralized nonprofit effort, as was Tor”. Gould says the Payjoin Foundation has applied for 501 (c) (3) status, which is pending approval. Donors can contact him at donate@payjoin.org. 

How does Payjoin work?

Payjoin provides privacy to Bitcoin by breaking a common pattern of normal transactions, where the sender has one input that gets split up into two to make a payment. Of the resulting outputs, one is likely to be the payment and the other the change back to the sender. 

Users often have multiple UTXOs (unspent transaction outputs), which are like pockets of coins. If a transaction tries to send more than is in one UTXO, it will pull from another, linking two of these pockets of coins, which up until that point might have had no connection to each other on the chain. This reduces the privacy of users in the eyes of blockchain analysts, who can assume the two UTXO packets belong to the same entity. 

Payjoin dissolves the standard input heuristic by facilitating coordination between the sender and the receiver, resulting in transactions that appear to have two inputs and two outputs, where one of the inputs is from the receiver. The receiver gets the same amount he is expecting; both parties simply coordinate on the amounts and co-create the transaction. As a result, what would have been a single-input, two-output transaction now has two inputs and two outputs, confusing on-chain analysts. The more transactions of this type exist, the less reliable the single-input heuristic becomes, resulting in more privacy for all users, as the core assumption of on-chain analysis breaks down.   

This process is entirely non custodial, with full control over amounts signed and sent by both parties, it is atomic, if both parties don’t agree, the transaction is not valid. 

Gould cautioned about how much information is leaked with normal bitcoin transactions today, referring to organizations like Chain Analysis, which can, in some circumstances, get access to exchange user data to try and identify owners of a given UTXO, “if you snoop on that, you can see who you’ve transferred money to in the past. You can see who someone transfers money to in the future. You can see how much money someone has. You can see how much money someone makes.”

Enhancements to Bitcoin privacy of this sort are crucial to the success of Bitcoin as they enforce the fungibility of the asset, an important quality of sound money. Fungibility means that all coins are considered equal and interchangeable; one is not different from the other based on its history. 

Cryptocurrencies that focus on maximizing on-chain privacy, like Zcash or Monero, offer higher default degrees of on-chain privacy by encrypting the amounts transferred among parties. This, however, comes at a high cost; validation of the total supply of coins in these alternative cryptocurrencies is much more complicated. As a result, bugs in the related cryptography could lead to inflation bugs that are undetectable, a risk which undermines scarcity, another critical quality of sound money.

Payjoin in turn provides Bitcoin a higher degree of on-chain privacy without encrypting the amounts transferred between parties, respecting the scarcity of Bitcoin while enhancing fungibility. The main trade-off is that it can not be a protocol-level change; it needs wallet adoption and thus user engagement.

It’s also important to note that fiat-level privacy already protects users from third-party analysis by being a closed private system, or tries to anyway. Government agencies and executives working at banks have much greater visibility into user balances, but organized crime does not. There are also many laws in countries throughout the world defending user financial privacy, which Async Payjoin is looking to elevate Bitcoin to. 

Network privacy and the client-server V2 model, the Async part of the protocol. 

One of the challenges historically with traditional Payjoin is that it required both parties to be online to coordinate the creation of the transaction. To solve this, Payjoin V2 introduces a blinded directory server to provide asynchronous Payjoin coordination among parties, using the well-known Internet standard, Oblivious HTTP.

Gould told Bitcoin Magazine that “the cool thing is the protocol has the directory server blinded. The directory server is only reachable by oblivious HTTP, which is basically a forced proxy. So the IP addresses (of users) are never leaked to the directory server.” Adding that, “the payload (pre-signed transaction) is actually end-to-end encrypted between the sender and the receiver anyway. So the directory just gets an 8-kilobyte uniform encrypted blob. They don’t see anything.”

In fact, Gould compared the use of OHTTP to Tor, explaining that “The reason we used it is because it’s a web standard. So it’s gone through the rigorous review process. OHTTP is literally supported in the iOS operating system. It’s used in browsers.” adding that “OHTTP it’s kind of like the minimal viable product of Tor where Tor layers encryption and does multiple hops and this is just the most minimal version where you just have one hop. You just have one layer of encryption.” Similar multi-hop network encryption is used in the Lightning network to protect user privacy. 

The Payjoin V2 servers provide no financial reward to those who run them, similar to Tor exit nodes, which have sustained these privacy networks on a volunteer basis for decades.  

What about compliance?

Regulators and, as a result, exchange operators often have concerns about Bitcoin privacy technologies, as they are perceived to be in conflict with topics of compliance. Gould considers this a misconception, saying that “the reality is that a compliance regime is totally independent from the nature of the chain. If an exchange wants to collect your baby’s name, know the place you live, your phone number, and what source of funds, having privacy by default doesn’t stop them from doing that. Doesn’t stop them from asking for it in order to do business with the user.” Adding that “It just doesn’t give them complete insight into your whole wallet, past, present, and future. So it puts the power to consent to reveal the information about your money in your own hands.”

This post Async Payjoin, the HTTPS of Bitcoin Privacy  first appeared on Bitcoin Magazine and is written by Juan Galt.

— Nintex CEO Amit Mathradas announced that he’s leaving to take the helm of Five9 beginning on Feb. 2. Mathradas has led Nintex, a Bellevue, Wash.-based workflow automation company, for nearly three years. His previous roles include chief operating officer at Avalara, general manager at PayPal, and a 14-year run at Dell.

Five9 is a California-based software company specializing in AI-powered customer experience solutions.

“It is an honor to join such a dynamic company that I have long admired as being at the cutting edge of AI-driven CX,” Mathradas said on LinkedIn.

— Starting Jan. 1, Zoë Stemm-Calderon will take the role of executive director at the Raikes Foundation, where she has worked for a decade. She is transitioning from her current position as senior director of Youth Serving Systems.

During her tenure, Stemm-Calderon has managed yearly investments of $20 million directed toward initiatives focused on K-12 and higher education, along with youth homelessness programs.

Jeff and Tricia Raikes are the co-founders of the foundation, which launched in 2002. Jeff Raikes was at Microsoft for close to three decades and served as CEO of the Gates Foundation for more than five years. Tricia Raikes is co-founder of Giving Compass.

— Emily Heffter is now senior director of thought leadership and research for Workday, a finance and HR software company with offices in Seattle. Heffter joins the company from Qualtrics, where she was vice president of global communications. She was previously Zillow Group’s director of corporate communications.

“I’m joining Workday’s amazing communications team to help tell one of the most dynamic stories in the business world: the future of work.” Heffter said on LinkedIn. That includes “how people, technology, and leadership are evolving together — and helping business leaders see around the corner.”

— Seattle’s Lance Ludman has joined SurveyMonkey as its new chief financial officer. Ludman was most recently CFO at the social impact company Benevity. He also served as CFO at DreamBox Learning, a Bellevue, Wash.-based edtech company that was acquired in 2023.

SurveyMonkey CEO Eric Johnson praised Ludman’s “unique leadership style,” adding in a statement that “he maintains a persistent curiosity and business-partnership mindset.”

— Yatharth Gupta has joined Google’s Kirkland, Wash., office to work on cloud storage as director of product management.

Gupta is the founder and former CEO of Codified, a startup that aimed to help companies get a better handle on how to manage internal data access standards. Codified launched in 2023 after incubating at Madrona Venture Labs. Gupta told GeekWire that the company is winding down.

He was also a general manager at Microsoft for more than 14 years, where he helped lead Azure-related data access and management projects. More recently Gupta was a senior vice president of product management at enterprise database company SingleStore.

— Seattle-area rocket company Stoke Space appointed Matt White to its board of directors. White is executive vice president and CFO for Linde and serves on the board as a representative for Industrious Ventures.

— Laurent Boinot, Microsoft’s head of power and utilities in the Americas, has joined the board of LF Energy, an open-source foundation supporting energy deployment.

— Vivek Ladsariya, general partner and managing director at Seattle’s Pioneer Square Labs, joined the board of Seattle startup Tin Can, makers of a Wi-Fi-enabled landline-style phone for kids.

— Washington Research Foundation named Joe Albe as the new manager of grants and venture research at the organization, which helps universities and other nonprofits in the state commercialize and license their technologies. Albe recently earned his doctorate degree in immunology from the University of Washington.

The foundation also announced its 2026 postdoctoral fellows:

• Stefany Cruz, a software engineer working at the UW on agentic Al technologies.
• Winston Dredge, who joins the UW to research the impact of genetic variation on early human development.
• Nastacia Goodwin, a neuroscientist who will study the impacts of climate change on bee behavior at the UW.
• Kunal Lodaya, a chemist coming to the UW to work on high-capacity redox flow batteries.
• Allyson Martin, an entomologist joining WSU to study pollinators in orchard settings.
• Jongbeom Park, a molecular biologist studying the effect of developmental and environmental variations on mammalian newborns at the UW.
• Zoe Rand, who joins the UW and NOAA’s Northwest Fisheries Science Center to study harmful algal bloom detection and management.
• Nathaniel Ritz, a neuroscientist joining the Institute for Systems Biology to investigate host-microbe communication.
• Jonas Wilhelm, a biochemist coming to the UW’s Institute for Protein Design (IPD) to create catalysts for greenhouse-gas removal.
• Marcus Wong, who joins the UW to study immune responses to malaria and other infectious diseases.
• Chuanyun Xu, a biologist joining the IPD to design proteins for cellular sensing and control.
• Lu Yu, a biochemist using DNA nanotechnology to advance targeted cancer therapy at the UW.