Ethereum Foundation Invests in DeFi: $7.6 Million Deployed to Morpho

The Ethereum Foundation, a key contributor to the world’s second-largest blockchain platform, has moved $7.6 million in ETH into the DeFi lending platform Morpho. This strategic move highlights growing activity on the Ethereum blockchain and suggests an interest in innovative financial strategies within the decentralized ecosystem. 2,400 ETH were deposited, marking a significant on-chain transaction that garnered attention from the crypto community.