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Ethereum ICO Project Golem Starts Staking Over $120 Million in ETH After Massive Sale

Ethereum ICO Project Golem Starts Staking Over $120 Million in ETH After Massive Sale


CryptoGlobe
2024-07-12 00:09:00

An Ethereum-based project that financed itself through an initial coin offering (ICO), Golem (GLM), has recently moved 40,000 ETH worth around $124 million to start staking the funds, effectively becoming a validator on the network to secure yield by helping secure it. According to data from on-chain analytics firm Lookonchain, the move comes after Golem


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