Breaking: Ethereum Foundation Starts Staking 70,000 ETH
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The Ethereum Foundation has begun staking ETH from its own treasury, starting with an initial deposit and laying out plans to stake a total of 70,000 ETH in the coming weeks. The move marks a notable shift in how Ethereum’s most prominent nonprofit steward manages reserves that have historically been held more conservatively. https://twitter.com/CoinMarketCap/status/2026461436755468302 The staking effort is being described as “in-house,” signaling the Foundation intends to run the operation directly rather than delegating it entirely to third parties. The first tranche cited in industry reports was 2,016 ETH, with the remainder expected to follow under the same treasury
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