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Ethereum Foundation Sells Ether, Boosts Treasury

Published 2 weeks, 3 days ago
Description

Ethereum Foundation sells Ether to BitMine, boosting their holdings to over 4.5 million Ether. This move aligns with the foundations treasury rules, aiming to build a cash buffer and fund ecosystem projects. Meanwhile, the foundation initiates staking and refocuses on core upgrades, research, security, and tools, emphasizing decentralization.

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