Vitalik Buterin Denies Profit Driven Ether Sale
The allegations surfaced after a community member on X accused vitalik Buterin of selling over $2M in ETH following a positive tweet. Vitalik Buterin, one of the co-founders of Ethereum, has denied the charges that he illegally sold millions of dollars’ worth of Ether for his own personal gain. According to him, the sole reason […]
Ethereum Foundation Crypto Grants In Q2 2024 Exceed $8.4M
In Q2, the Ethereum Foundation disclosed that it allocated more than $8.4 million in Crypto grants in various market segments. In the year’s second quarter, the Ethereum Foundation (EF) allocated more than $8.4 million to crypto grants. This occurs in the context of the Foundation’s recent budget and expenditure scrutiny by the community. After the […]
ETH 6X Surge Months After Ethereum Foundation Sale
On August 23, 2024, the Ethereum Foundation transferred 35,000 ETH (~$96 million) to Kraken, fueling market speculation. According to Arkham Intelligence, a blockchain tracing organization, the price of Ethereum increased by more than 500% in the months following a massive ETH sale by the Ethereum Foundation. However, it is impossible to predict what will happen […]
Ethereum Foundation Transfers Over $94M ETH To Kraken
Amid rumors of a Fed rate cut and options expiration, the Ethereum Foundation moves 35,000 ETH to Kraken, its largest transaction of 2024. The Ethereum Foundation has been progressively decreasing its ETH holdings for the past few months. The foundation has transferred its largest pile in 2024 today, in the Fed rate reduction speculation and […]
Starknet Prepares for First Mainnet Inaugural Staking Vote
Starknet, a decentralised layer-2 scaling solution based on Ethereum, is preparing to conduct its inaugural staking vote on the mainnet for native STRK token holders. The network will implement a staking mechanism in September to enhance and decentralise its functionality. The date of the staking launch has yet to be established; however, it is anticipated […]