Ethereum Foundation Defends $96.9M Transfer Amidst Criticism


$ 83,453.6
€ 76,161.6
¥ 38,800.0
£ 64,558.9
BTC
0.96 %
$ 1,807.08
€ 1,649.31
¥ 840.26
£ 1,398.18
ETH
1.31 %
$ 217.68
€ 198.63
¥ 101.38
£ 168.40
XMR
1.05 %
$ 83.52
€ 76.20
¥ 38.82
£ 64.60
LTC
1.30 %

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was […]

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