Observant analysts within the blockchain community raised concerns regarding significant alterations in the supervision of a critical wallet.
Vitalik Buterin initiated a transfer exceeding $1 million worth of ether to the Coinbase crypto exchange on Monday.
A spokesperson for Circle announced that the company's reserve fund has made a strategic shift by divesting from Treasury bills with maturity dates beyond May 31. Instead, they have opted to reallocate assets into cash and overnight repurchase agreements.
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