PANews reported on August 30 that the Ethereum Foundation announced a list of funded projects for the second quarter of 2024, with a total funding amount of more than 8.47 million US dollars. This funding covers a number of key areas and aims to promote the comprehensive development of the Ethereum ecosystem.

In terms of community and education, the Foundation has supported global conferences and hackathons such as ETH Beijing, ETH Tokyo, and ETHWarsaw. Funded projects in the field of cryptography and zero-knowledge proof include research projects such as the Anon Aadhaar protocol and Faster Scalar Multiplication of Elliptic Curves. In terms of developer experience, the development of tools such as the Circom Language Server and the MEDGA Solidity debugger has been funded. In addition, the Foundation has also indirectly supported the public goods funding round operated by Cryptoversidad and the Road to Devcon quadratic funding round for Southeast Asia. At the protocol level, the Foundation continues to support the Account Abstraction Core Team and the Ethereum Protocol Fellowship (EPF) project. Other important funding projects include L2BEAT, Ephemery Testnet, and Summer of Protocols.