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 […]
sekar nallalu blockchain community,Criticism,crypto transparency,Cryptocurrency,ETH transfer,ether transaction,Ethereum Foundation,financial disclosure,News,nonprofit spending,treasury management Ethereum Foundation Defends $96.9M Transfer Amidst Criticism – Bitcoin News