Non-profit undergoing major leadership overhaul
that the Ethereum Foundation, a non-profit organization focused on supporting various research and development initiatives within the Ethereum ecosystem, is currently undergoing a significant leadership overhaul.
The organization is currently focused on bringing in fresh talent and enhancing technical expertise within the foundation's leadership.Ex-Binance CEO CZ Updates His Recent Bitcoin Statement as BTC Tops $105,000 Is Bitcoin in Secret Downtrend? Dogecoin Breaks Key Resistance Level, Ethereum in Pain With No Signs of Breaking Through The foundation will also keep working on increasing decentralization and privacy tech while also supporting app builders in a more active way.At the same time, Buterin has ruled out an ideological pivot at the foundation. He has also spoken out against aggressively lobbying regulators and political figures, seemingly taking a jab at some prominent cryptocurrency companies.In the meantime, Ethereum recently reached yet another multi-year low against Bitcoin.Overall, the flagship altcoin has lost nearly 50% of its value against Bitcoin since last January. Bitcoin has been dominating headlines due to broader institutional and corporate adoption while Ether has been largely left behind. Buterin has stated that he is in favor of reaching out to funds and institutions regarding potentially getting exposure to ETH, but he believes that the EF is not necessarily"the right player" to do this. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.
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