Ethereum Foundation Stakes $46.2 Million in ETH, Arkham Says

According to Arkham (blockchain analytics platform), the Ethereum Foundation recorded its largest-ever ETH staking (locking crypto to earn rewards) transaction.

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Terms & Concepts
  • Staking: Locking cryptocurrency in a blockchain network to help support operations and earn rewards.
  • ETH: The native cryptocurrency of Ethereum, used for transactions, fees, and staking on the network.
  • Ethereum Foundation: A nonprofit organization that supports the development and research of the Ethereum blockchain ecosystem.