Ethereum Foundation Sells $10.2M in ETH to Bitmine as New Mandate Redefines Network Stewardship

The Ethereum Foundation paired a $10.2 million ether sale with a sweeping new manifesto this week, signaling that while it still helps fund the network’s development, it no longer sees itself as Ethereum’s central authority. The $10.2M Ethereum OTC Deal On March 14, the Ethereum Foundation (EF) confirmed it completed an over-the-counter (OTC) sale of