Crypto Blog
Ethereum-based decentralized computing platform Golem has sent more than $100 million worth of ETH to centralized exchanges such as Binance, Coinbase, and Bitfinex over the past few weeks.Golem is one of the earliest Ethereum initial coin offerings , raising around $8 million, or 820,000 in ETH, during the 2016 ICO boom.
It stated that the development of the Golem Network and its ecosystem is its number one priority, adding, “We are an OG Ethereum project, and as such, we want to contribute to the Ethereum ecosystem. Our intention is to solo stake a significant portion of ETH from our treasury.” ETH was trading flat on the day at $3,080 following an intraday dip to $2,916 on July 8. However, Ethereum has been downtrending for the past month, losing more than 10% over the past week.
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