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Why the Ethereum Foundation Just Moved $600 Million in Treasury Funds

The Ethereum Foundation recently transferred approximately $610 million worth of ETH to a new multi-signature wallet, which is part of a planned migration to improve security and adapt to decentralized finance (DeFi) needs. This transition to a multi-signature Safe Wallet follows a rigorous testing period that began in February, where various protocols were evaluated. The Foundation aims to enhance community development through DeFi while restructuring its treasury policies to better manage its funds, eventually reducing annual spending from 15% of assets to just 5% by 2030. The migration is a strategic move to ensure the foundation's financial sustainability and operational security as it plans to deploy funds into DeFi protocols.

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MARA and MPLX Collaborate on Power Generation in Texas

MARA Holdings and MPLX have announced a letter of intent to establish integrated power generation and data center campuses in West Texas. This initiative will commence with a 400 MW capacity, expandable to 1.5 GW. MPLX will provide natural gas from its Delaware Basin processing plants to fuel MARA’

MARA, MPLX Team Up in Texas Amid Strong Q3 Earnings

MARA Holdings and MPLX have signed a letter of intent to develop integrated power generation and data center campuses in West Texas, beginning with 400 MW of power and a scalable potential of up to 1.5 GW. This initiative aligns with MARA's third quarter results, which revealed

MARA and MPLX Collaborate on Energy and Data Center Development in Texas

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