Mon, November 25

Ethereum Foundation Sold 100 ETH for DAI to Strengthen Reserves

Today, the Ethereum Foundation made another significant move in its ongoing strategy to fund public projects and maintain reserves. For the first time since releasing its annual report, the foundation sold 100 ETH, swapping the cryptocurrency for the stablecoin DAI. This transaction followed a similar move in late October, where

November 12, 2024 2 mins read

Ethereum Foundation Wallet Shrinks to $650M as Market Shifts

The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement. The organization’s treasury has witnessed a significant reduction, with its main wallet holding approximately $650 million. This represents a steady decline in the foundation’s holdings since March 2022. At that

September 7, 2024 2 mins read

Ethereum Foundation Moves ETH to Kraken Amid Token Price Recovery

The Ethereum Foundation caught market attention in the past day with its significant ETH transactions. While the altcoin has struggled to surpass the $2.6K level in the past few weeks, it has exhibited modest positive momentum in the last 24 hours. Meanwhile, market conditions have turned bullish with market cap

August 24, 2024 2 mins read

Ethereum (ETH) Founder Vitalik Buterin Speculates Crypto ‘Winter’

ETH co-founder, Vitalik Buterin speculates on another ‘winter’ for the crypto industry. Buterin positive to bring about new features for the ETH blockchain.  Buterin is optimistic on such market downs over long periods. The year 2022, has not been so promising, indeed not at all for the crypto industry. The

February 20, 2022 2 mins read