Rev Miller, from the Family Nonprofit, has announced a significant donation made by Vitalik Buterin to benefit Ukrainian humanitarian efforts. Vitalik, known as the co-founder of Ethereum, donated over **400 ETH** valued at more than **$1 million**. The generous donation is directed towards **four Ukrainian humanitarian nonprofits** located in Ukraine. [1](https://x.com/WuBlockchain/status/1851435590136611221)

The ETH used in this donation was acquired by selling **memecoins** including MOODENG, EBULL, and DOG. This highlights an interesting crossover where the often lighthearted world of memecoins directly fuels serious humanitarian aid support. The application of cryptocurrency and blockchain technology in philanthropy and nonprofit sectors is expanding, showcasing an ability to conduct large-scale transfers swiftly and securely. 

Vitalik Buterin's contributions exemplify a trend of leveraging cryptocurrency for social good, providing relief in regions with pressing needs. The allocation of such funds offers insights into how digital money can be pivotal in supporting causes across borders without the delay or barriers traditional currencies might encounter.

Vitalik donates $1 million in ETH to Ukraine organizations

Vitalik Donates $1M in ETH to Ukrainian Charities

Rev Miller, head of the Family Nonprofit, said that he had received 400 ETH worth more than $1 million donated by Vitalik to four Ukrainian humanitarian nonprofits; these donations were made through ETH, which was sold from memecoins such as MOODENG, EBULL and DOG. https://t.co/Yhos5wQ3Ey

Wu Blockchain

**Time Fun**, a notable player in blockchain technology, is making a significant transition in its operations.
The company is migrating its platform from **Ethereum Layer 2**, specifically **Base**, to the **Solana** blockchain. [1](https://x.com/SolanaFloor/status/1852170540875944189)

This strategic move has been shared by [@SolanaFloor](https://x.com/SolanaFloor) and seeks to leverage Solana's high-performance features.
Solana promises faster transaction speeds and lower fees, appealing reasons for Time Fun's shift.

Base, part of Ethereum's Layer 2 scaling solutions, has served Time Fun efficiently but is now being replaced in pursuit of enhanced capabilities.
The decision to adopt Solana underscores its growing appeal in the blockchain sector.

Solana has been gaining traction with businesses aiming for scalability and efficiency.
Time Fun's migration reflects a broader trend where companies explore platforms that can better support their needs.

Time Fun moves from Ethereum Layer 2 to Solana

Time Fun Migrates from Base to Solana

**Swell**, a liquid **restaking protocol**, has announced its strategic decision to switch to the **OP Stack** to develop its Layer 2 rollup, marking a significant shift from its earlier plans to utilize the **Polygon CDK**. This move aligns Swell with Optimism's **Superchain ecosystem** by introducing an optimistic rollup on the OP Stack. [1](https://x.com/TheBlock__/status/1851494536784048156)  
Swell previously aimed to create a Layer 2 chain using Polygon’s chain development kit but sees this transition as a strategic move to better fit its goals. Despite moving away, Swell maintains a positive stance on the overarching ecosystem that Polygon is developing.  
In collaboration with **OP Labs**, Swell will join forces with several other major players such as Coinbase’s Base and Kraken’s Ink within the Superchain ecosystem, which collectively aim to lower transaction costs for decentralized applications via optimistic rollups on Ethereum.  
A distinguishing change in Swell's approach is the choice to implement ETH as the **gas token** instead of its previously designed rswETH, demonstrating adaptation to the Superchain’s unified structure. Further, a share of Swell’s sequencer revenue will be directed to the **Optimism Collective**, a DAO overseeing the ecosystem, ensuring shared benefits across the ecosystem.  
Moreover, Swell's rollup proposes to integrate a restaking security model, known as **proof of restake**, aimed at bolstering security measures within the Superchain. Swell sees this as an evolution of its role, bringing enhanced restaking yields and security contributions to this expansive ecosystem.  
Founded in 2023, Swell has rapidly evolved, currently managing over $1.3 billion in **total value locked** and continues expanding its liquid ETH staking and restaking offerings. It has also been proactive in its community engagement, recently sharing details about its upcoming **governance token airdrop**.  
Swell's embrace of the OP Stack heralds a new chapter that could reshape its impact on Layer 2 solutions.

Swell joins Optimism Superchain ecosystem for Layer 2 rollup.

Vitalik Donates $1M in ETH to Ukrainian Charities

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