Ethereum Foundation
Non-profit stewarding the Ethereum ecosystem. Smart-contract platform launched July 2015 (Frontier). Funds research, client teams, and grants.
~99.9% energy reduction.
The industry-wide effort dubbed DeFi United had raised roughly $235 million worth of Ethereum as of Monday.
BitMine Immersion Technologies now holds over 5 million ETH, following the leading Ethereum treasury firm's biggest buy since December.
The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst.
ETH's price may drop 15% or more in the coming days as it paints a convincing bearish reversal pattern on its daily chart.
The funding follows a $290 million rsETH bridge exploit that disrupted DeFi markets and triggered a coordinated recovery effort.
The Ethereum Foundation unstaked over 17,000 ETH worth $40M shortly after approaching its 70,000 ETH staking target.
Bitmine Immersion also spent about $10 million when it bought 5,000 ETH from the Ethereum Foundation last month.
Top Ethereum treasury firm BitMine Immersion Technologies made its second ETH buy from the Ethereum Foundation.
The transaction brings the firm’s holdings closer to its 5% of ETH target.
Fluent launched its Ethereum Layer 2 mainnet alongside its BLEND token and a native stablecoin with $50 million in day-one liquidity.