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Ethereum Foundation moves $654 million in ETH amid online scrutiny of group’s transfers

Ethereum Foundation moves $654 million in ETH amid online scrutiny of group’s transfers

The Ethereum Foundation transferred 160,000 ETH (about $654 million) to a wallet that, has in the past, been used for selling Ethereum, according to Arkham Intelligence."This wallet has only made significant transfers to: Kraken Deposit SharpLink Gaming [and] a multisig that sells ETH," Arkham said …

Ethereum Foundation Sparks Sale Rumor With $654 Million Transfer

Ethereum Foundation Sparks Sale Rumor With $654 Million Transfer

The Ethereum Foundation transferred $654 million in ETH to a wallet typically used for sales. A liquidation of that size could move token markets when it happens.The community has been speculating about the Foundation’s plans, but the situation is unclear. Circumstantial evidence leads some analysts…

Ethereum Foundation Suddenly Moves $654 Million Worth of ETH

Ethereum Foundation Suddenly Moves $654 Million Worth of ETH

According to data provided by Lookonchain, the Ethereum Foundation (EF) recently moved a total of $654 moved a total of 160,000 ETH tokens (roughly $654 million at the time of the transaction) between internal wallets. It is unclear whether some of these tokens will end up being sold on exchanges. L…

Ethereum Foundation Faces Internal Conflict Over Geth’s Future

Ethereum Foundation Faces Internal Conflict Over Geth’s Future

The Ethereum Foundation (EF) is once again showing cracks. Today, on social media, a public dispute erupted between Geth team lead Péter Szilágyi and EF leadership over the future of Ethereum’s most-used execution client. Geth (Go Ethereum) is the original and dominant Ethereum execution client. It …

 Bitcoiner PlanB slams ETH: ‘Centralized & premined’ shitcoin

Bitcoiner PlanB slams ETH: ‘Centralized & premined’ shitcoin

Pseudonymous Bitcoin stock-to-flow (S2F) model creator PlanB attacked Ethereum and mocked the project’s co-founder, Vitalik Buterin.PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F “is really not looking good now.” PlanB responded with a new posting st…