Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, the Ethereum Foundation has sold another 10,000 ETH to BitMine, MoonPay launched a credit card that enables users and AI agents to spend stablecoins through the Mastercard network. Meanwhile, venture capital (VC) funding in the crypto industry fell to $659 million in April as dealmaking slowed across the sector.
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.
“This sale funds the Ethereum Foundation’s core operations and activities, including protocol R&D, ecosystem development, community grant funding and more,” the Foundation wrote in a Friday post on X.
