decrypt·
Some of Ethereum's largest holders are coming together to fund a new research and development lab aimed at boosting the network and ETH.
Read full articleEthereum has added a new independent research organization backed by Joe Lubin, Bitmine, and Sharplink, bringing together five former Ethereum Foundation researchers. According to an announcement from Ethlabs, the newly launched nonprofit research group has secured support from Bitmine, Sharplink,…
At current staking levels, the proposal could channel as much as 76,000 ETH ($131.6 million) into ecosystem development.
Tom Lee’s Bitmine buys 52,203 ETH, raising holdings to 5.67M ETH as its $10B position faces a $9.5B paper loss. Bitmine Immersion Technologies bought another 52,203 ETH last week, worth about $92 million. The purchase raised the company’s total Ethereum holdings to 5,672,956 ETH. The company valued its ETH position at about $10 billion, based […] The post Tom Lee’s Bitmine Buys 52,203 ETH as $10B Position Faces $9.5B Paper Loss appeared first on Live Bitcoin News.
Bitmine has purchased another 52,203 ETH worth about $90 million, bringing its holdings to 4.7% of Ethereum’s total supply. According to a company update released on Monday, Bitmine’s latest purchase increases its exposure to Ethereum despite continued weakness in the…
Ethereum analyst says ETH is reacting near supply, with downside levels around $1,562-$1,500 if bearish structure holds.
Former Ethereum Foundation researchers have launched Ethlabs, an independent org set on making Ethereum the world's settlement layer.
Ethlabs, Founded by Former Ethereum Foundation Contributors and Funded by Bitmine, Sharplink and Joe Lubin, Launches to Accelerate Ethereum's Institutional Supercycle
Aerugo, the Ethereum Foundation’s Chief Strategy Advisor, outlined how EF will implement its new mandate: treating MEV extraction as a structural threat, making privacy a protocol default, and moving EF compensation into ETH and Ethereum-native stablecoins.
