Ethereum Foundation begins staking part of ether treasury, plans to deploy about 70,000 ETH to generate yield
The Ethereum Foundation has begun staking a portion of its ether treasury, targeting about 70,000 ETH to generate rewards for operations.
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The Ethereum Foundation has begun staking a portion of its ether treasury, targeting about 70,000 ETH to generate rewards for operations.
The staking commenced with a 2,016 ETH deposit, and uses Dirk and Vouch, open-source validator tools developed by infrastructure firm Attestant
The Ethereum Foundation named former DELV CEO Charles St. Louis as DeFi Protocol Specialist and ivangbi as DeFi Coordinator.
Ethereum founder Vitalik Buterin has been selling ETH in the last few days as the second-largest crypto asset continues its fall.
Publicly traded Ethereum treasury firm BitMine Immersion Technologies added to its industry-leading stash last week as ETH slides.
Bitmine increased holdings to 4.42 million ETH, controlling 3.66% of supply and generating $171 million staking revenue.
Tom Lee's Ethereum-focused firm continues buying into the crypto market weakness, now 4.42 million ETH tokens, or about 3.66 percent of the total supply.
Base rode SocialFi, memecoins and AI agents to the top of Ethereum’s layer-2 ladder before turning inward to rebuild its core stack.
The latest sales are part of a broader plan announced in late January to fund ecosystem development and other initiative.
The Ethereum co-founder still has over 7,000 ETH left to sell, a supply overhang that could push the ETH price lower in the coming days.
Ethereum builders at ETH Denver said that the crypto infrastructure has been laid—but not products people actually want to use.
Ethereum developers scheduled a controversial upgrade for later this year. Buterin said it reinforces the network’s cypherpunk principles.