The Ethereum Foundation has converted 2,416.7 ETH into USDC stablecoin in a transaction valued at approximately $7.1 million. This treasury adjustment demonstrates strategic asset management, directed toward funding operational expenses and supporting long-term network development initiatives. Analysts note the relatively… Read More »Ethereum Foundation Executes Strategic ETH Sale to USDC for Treasury Management
Binance has partnered with Indian law enforcement agencies, including the Ahmedabad Cyber Crime Branch, to tackle a surge in cryptocurrency-enabled financial scams targeting Indian citizens. This collaboration focuses specifically on combating ‘digital arrest’ scams where fraudsters impersonate officials and coerce… Read More »Binance Collaborates with Indian Authorities to Combat Crypto-Based Scams Through Blockchain Transparency
The Ethereum Foundation has transferred 1,000 ETH, valued at approximately $2.5 million, to the wallet address 0xc061…0B6d. This transaction is viewed as part of the foundation’s ongoing strategic asset management and liquidity planning. Industry analysts routinely track such significant transfers… Read More »Ethereum Foundation Executes $2.5 Million ETH Transfer Highlighting Asset Strategy
Lead Ethereum developer Péter Szilágyi has publicly disclosed that the Ethereum Foundation (EF) secretly financed a parallel Geth client development team at blockchain firm Nethermind. According to Szilágyi, this initiative was deliberately concealed from core contributors of the original Geth… Read More »Ethereum Foundation Accused of Secretly Funding Parallel Geth Team, Sparking Governance Concerns