Ethereum Foundation sells another 10,000 ETH to Bitmine

The Ethereum Foundation sold 10,000 ETH for approximately $23 million through an over-the-counter transaction with Bitmine Immersion Technologies, the foundation disclosed Friday. 0/ Today, the Ethereum Foundation finalized the terms of a 10,000 ETH sale at an average price of $2,292.15 via OTC. For this sale, our OTC counterpart was @BitMNR. — Ethereum Foundation (@ethereumfndn)…

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Digital Asset Security Moves Beyond Keys as Bitgo Adds 5-Layer Checks

Key Takeaways: Bitgo introduced five security layers for institutional digital asset transactions. Controls address deepfakes, API spoofing, address manipulation, and withdrawal risks. Institutions can add approvals, address restrictions, and velocity limits. Bitgo Adds 5-Layer Security Model to Stop Crypto Transaction Manipulation Digital asset security is moving beyond private keys. Bitgo Holdings Inc. (NYSE: BTGO) announced…

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Brazil Bans Crypto in Cross-Border Payments

Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System Key Takeaways: On April 30, the Central Bank of Brazil issued Resolution 561, banning crypto in cross-border payments. Analyst Victor Alfa notes this 2025-reviewed ban forces firms to abandon on-chain efficiency for fiat. Taking effect on October 1, the…

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