According to @jessepollak, the Base blockchain's grants program, developed by @kabir_base, provides crucial funding for decentralized finance (DeFi) projects and ecosystem tools, enhancing network adoption and developer activity. Verified sources indicate that this initiative has already allocated millions in grants, directly supporting innovative protocols and infrastructure on the Base chain (source: official Base blog, June 2025). For traders, this signals potential upward momentum for Base-related tokens as on-chain activity and user engagement rise, benefiting both short-term and long-term crypto market sentiment.

According to Yann LeCun, the National Science Foundation (NSF) faces a 50% budget cut, cancellation of ongoing grants, drastic staff reductions, and the abolition of all 37 divisions, with grant reviews now overseen by a political commissar (source: Yann LeCun, Twitter, May 9, 2025). For cryptocurrency traders, this signals potential setbacks for US-based tech and AI innovation, likely slowing blockchain and AI project funding from academic pipelines. Reduced federal support could shift talent and resources to private and international crypto and AI sectors, possibly boosting non-US crypto ecosystems and increasing volatility as talent migrates (source: Yann LeCun, Twitter, May 9, 2025).