Ethereum Veterans Repurpose TheDAO Funds Into $220 Million Ecosystem Security Initiative
TheDAO’s unclaimed ether from its 2016 hack is being repurposed into a new $220 million Ethereum security fund, according to people familiar with the initiative. The effort is being led by Ethereum co-founder Vitalik Buterin alongside other early Ethereum contributors, marking a rare attempt to turn one of crypto’s most infamous incidents into a long-term … Read more