Wintermute donates $200K to Ethereum security funding round

Cryptocurrency market maker Wintermute announced via X that it has donated $200,000 to a Quadratic Funding (QF) round for Ethereum (ETH) security projects. The move follows a recent statement by Ethereum founder Vitalik Buterin that he would narrow the Ethereum Foundation's (EF) core values to Censorship Resistance, Open Source, Privacy, and Security (CROPS). In its announcement, Wintermute noted that security infrastructure is used by nearly all participants but remains a chronically underfunded area, and urged the industry to join the effort. The QF round, which concluded on May 12, was the first initiative by TheDAO Security Fund, a fund established with unclaimed ETH from the 2016 TheDAO hack.