Ethereum Foundation Defends $96.9M Transfer Amidst Criticism


$ 104,237.8
€ 91,982.9
¥ 38,800.0
£ 77,527.7
BTC
0.63 %
$ 2,500.21
€ 2,205.96
¥ 930.47
£ 1,858.98
ETH
-0.95 %
$ 325.94
€ 287.73
¥ 121.31
£ 242.39
XMR
-0.74 %
$ 86.63
€ 76.41
¥ 32.24
£ 64.43
LTC
1.83 %

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 […]

Author: