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Ethereum ICO Participant Awakes After 7.7 Years of Dormancy

A long-dormant Ethereum address that participated in the blockchain's initial coin offering (ICO) has been reactivated after 7.7 years. The wallet transferred one ether to a new address in its first sent transaction, which some speculate may have been a test transaction. The wallet received 2,365 ether during Ethereum's genesis, worth approximately $4.42 million today, according to on-chain analysis account Lookonchain. Ethereum's ICO took place when one ether cost roughly $0.31. (TheBlock)

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