Ethereum Foundation and Columbia Engineering Establish Research Center with $6 Million Funding Support
Foresight News reported that the Ethereum Foundation and Columbia Engineering have announced the establishment of the interdisciplinary center "Columbia-Ethereum Blockchain Protocol Design Research Center." The Ethereum Foundation will provide up to $6 million in funding to support the construction of this center, and has committed to donating $500,000 annually for the first three years.
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Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
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