Ethereum Foundation transfers $165 million in ETH to participate in DeFi
The Ethereum Foundation, the organization overseeing the development of the second-largest blockchain by market capitalization, is allocating 50,000 ether (ETH) worth approximately $165.3 million at the time of writing to participate in the decentralized finance (DeFi) ecosystem. The move will see the Foundation implement a 3 of 5 multisig wallet through Safe, which the organization […]
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