Ethereum Foundation Makes Another Controversial ETH Sale

The Ethereum Foundation announced plans to convert 1,000 ETH into the ￰0￱ transaction will be performed using CoWSwap's TWAP ￰1￱ foundation stated that this sale will be used to fund R&D, grant programs, and ￰2￱ step is part of the foundation's public treasury policy, which mandates regular Ethereum sales when there are deviations from its fiat-based operating expense reserve ￰3￱ Ethereum Foundation shared the following statement: “Today, we are converting 1,000 ETH into a ￰4￱ transaction is important not only to fund our work, but also to demonstrate the power of DeFi.” Related News: Shiba Inu (SHIB) Releases Update Regarding Recent Hack Attack Meanwhile, the Fusaka upgrade, a crucial step for the Ethereum network, has also been added to the calendar.

Ethereum, the world's second-largest blockchain, is preparing for two separate testnet phases this ￰5￱ mainnet upgrade is expected to be live by the end of ￰6￱ Feist, co-leader of the Ethereum Foundation's protocol architecture team, said that blockchain technology will become increasingly integrated into everyday financial services in the coming years. “In the next 10 years,” Feist said, “the majority of blockchain users will be ordinary ￰7￱ will look for easy solutions like a fintech app, rather than dealing with crypto wallets or complex blockchain interfaces.” *This is not investment ￰8￱ Reading: Ethereum Foundation Makes Another Controversial ETH Sale