#eatherium
The DAO’s "Lost" Millions Mobilized for Security
Ethereum leaders, including Vitalik Buterin, are repurposing 70,500 ETH (~$220M) that has been frozen since the landmark 2016 DAO hack.
The Pivot: These long-dormant funds are being moved to Unchained, a major initiative dedicated to Ethereum network security.
The Significance: This turns Ethereum’s most famous crisis into a massive defense fund, effectively closing a 10-year chapter in the blockchain’s history.
ETH
2,003.67
-0.96%