.ethereum holds over $1.29 billion in ether, $11 million in other cryptocurrencies and about $300 million in non-crypto investments. By shauryamalwa
Almost $1.29 billion was held in ether, the world’s second-largest cryptocurrency by market capitalization. That represented over 0.297% of the total ether supply as of March 31. Some $11 million was held in other cryptocurrencies.
“We also increase our non-crypto savings in response to rising ETH prices,” the foundation said in the report. “ provides a greater safety margin for our core budget and would enable us to continue funding non-core but high leverage projects through a market downturn.” The foundation funds research and development on Ethereum and related technologies. It spent in excess of $48 million on various teams, funding and bounties last year, the report said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Alex Jones Hit With $1 Million In Court Fees Over Sandy Hook, Parkland LawsuitsJudge Maya Guerra Gamble ordered Alex Jones and Free Speech LLC to pay attorneys' fees and a fee for evidence tampering.
Read more »
Deezer Announces Plans to Go Public at $1.2B ValuationThe Paris-based music streamer plans to merge with I2PO, a French special purpose acquisition corporation.
Read more »
Web3 initiative Reli3f has raised over $1.5M for Ukrainian aid effortsThe wholesome content you've been waiting for: reli3fxyz launched their second NFT collection to great fanfare; tomfarrencrypto interviews the project's co-founders for a moment of reflection.
Read more »
First Mover Asia: Bitcoin Minnows Have Pushed the Whales to the Side; Bictoin, Ether SteadyFirst Mover Asia: Mid-tier “whales” (holding 100-1,000 BTC, or less than around $40 million) are trimming their exposure and the “minnows” are picking it up, data from Glassnode shows. thesamreynolds, DantesOutlook, Liqquidity report.
Read more »
Here's how Ether options traders could prepare for the proof-of-stake migrationAlways Ethereum's migration toward proof-of-stake is facing delays, pro traders are lining up their bets to profit from the outcome.
Read more »
Ethereum Foundation's Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether – Bitcoin NewsThe Ethereum Foundation holds 80.5% of its crypto holdings in ether, which represents 0.297% of the total ether supply.
Read more »