The Ethereum Foundation announced that it had $970.2 million in its treasury as of October 31. This is a 39% decrease from $1.6 billion in March 2022.
- The foundation’s assets are 81.3% crypto, mostly ETH.
- A total of $240 million was spent in 2022 and 2023.
- The price of ETH has fallen 22% since March 2022.
The foundation’s new conflict of interest policy requires employees who earn more than $25,000 in outside work to report it.
How do you think these transparency steps will affect the Ethereum ecosystem? Share your thoughts in the comments! 💬🔍