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While The DAO has an “incredible” team that could build security projects themselves, they would rather focus on security distribution methods, says Griff Green.
Leading crypto treasury firms BitMine and Strategy both saw their stocks plunge nearly 10% amid broader market uncertainty, as a possible U.S. government shutdown looms.
Unclaimed Ethereum from a decade-long hack will be staked and distributed to fund audits, tooling, and incident responses.
Bit Digital entered the bitcoin mining business in 2020 and was an early diversifier into the HPC/AI sector.
Some funds that were initially sequestered to help refund “edge case” victims of The DAO hack will fund a new Ethereum security effort.
According to the report, $13.5 million will be allocated to security grants distributed through DAO-style mechanisms
ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control.
The fund introduces a tokenized class of units, which are initially set to be issued on Ethereum, according to its prospectus.
The validator entry queue for the Ethereum network is heavily congested, with 3.6 million ETH lined up to be staked with a forecasted 63-day wait.
The 10.7 billion transactions seen during MegaETH’s stress test were more than the Ethereum blockchain has seen in its 10–year history.
The move was widely expected, but FOMC members were divided.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
