Big news about Ethereum! The Ethereum Foundation, which is like the main group for Ethereum (a type of cryptocurrency), is changing how it manages its money. They're putting some of their Ethereum into different places to earn more money instead of just keeping it in one spot.
- They put a lot of their Ethereum, a super valuable cryptocurrency, into special websites called DeFi platforms.
- These platforms let people borrow and lend cryptocurrency, kind of like a bank but for digital money.
- They did this to make their money work harder and earn some extra!
Thing | Amount | Approximate Value |
---|---|---|
Ethereum sent to Aave | 30,800 ETH | $82 million |
Ethereum sent to Spark | 10,000 ETH | $27 million |
Ethereum sent to Compound | 4,200 ETH | $11 million |
Total Ethereum moved | 50,000 ETH | ~ $120 million |