💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
No, The Ethereum Foundation Didn’t Just Sell $7.7 Million of ETH - Unchained
Onchain wallet tracker Lookonchain flagged the sale of 1,695 ETH for $7.7 million worth of the DAI stablecoin from a wallet supposedly linked to the Ethereum Foundation.
“This wallet originally received 20,756 ETH ($95.5M now) from the Ethereum Foundation wallet ‘EF 1’ back in 2017,” said Lookonchain in a Tuesday X post.
Ethereum Foundation Co-Executive Director Hsiao-Wei Wang set the record straight in an X post on Wednesday.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
“It was not the Ethereum Foundation’s operation. Fun fact: Back in the 2014 ICO, ~9% of the ETH supply was allocated to the EF; now EF holds under 0.3% of the total supply. So you can probably find tons of addresses linked to EF after ten years,” she said.
The transactions come as ETH continues to see strong price action, gaining 30% in the last week alone to $4,781, within striking distance of its all-time high