The Ethereum Foundation has come up with a restructuring plan to improve its ecosystem. From rebranding its R&D department to shedding some staff members, various changes are underway at EF. The Ethereum network was on the verge of loosening its grip over the crypto industry. However, the EF has decided
The Ethereum Foundation (EF) has announced a major leadership change. Hsiao-Wei Wang and Tomasz Stańczak will take over as the new co-executive directors. This transition follows Aya Miyaguchi stepping down from the role to become EF’s new president. The Ethereum community has been debating the foundation’s role for months. Many
Ethereum (ETH) is currently priced at $2,666.49 which showing a 1.91% gain in the last 24 hours. Its market cap has also climbed to $321.4 billion, up by 1.92%. Still, trading activity has slowed down with the 24-hour volume dropping nearly 49% to $15.15 billion. The Ethereum Foundation has moved
The Ethereum Foundation sold another 100 ETH for 402,473 DAI on December 17, 2024. This transaction is part of their ongoing sell strategy for the year. Notably, in the last seven days, the foundation has sold a total of 200 ETH for around 776,800 DAI. This infers a diplomatic sell
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
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
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
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
