Day: 12 March 2025

Ethereum Foundation Dismisses Rumors of Involvement in Sky’s $56 Million ETH Deposit

A recent 30,098 ETH deposit valued at approximately $56 million into the decentralized finance (DeFi) protocol Sky has sparked speculation about the Ethereum Foundation’s (EF) involvement. However, Ethereum developers and industry figures have rejected the claims, asserting that the wallet behind the transaction does not belong to the foundation. The ...

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