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Ethereum Foundation Funds zkVM Projects in Millions as ETH Eyes $4K
- The Ethereum Foundation is investing tens of millions of dollars in zkVM (Zero-Knowledge Virtual Machines) technology.
- The funding targets zkRISC-V formal verification, Poseidon cryptanalysis, and L2beat's zkVMs.
- Ethereum's price experienced a slight decline, trading at $3,552.
- Despite recent dips, analysts remain optimistic with ETH eyeing a $4,000 target.
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