The Ethereum Foundation Has Lost Its Way

United States News News

The Ethereum Foundation Has Lost Its Way
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Ethereum founding member Anthony DOnofrio says the non-profit needs change.

called for changes in leadership at the Ethereum Foundation, which supports the blockchain's development.

I can infer some good-faith reasons based on the way the org has been run over the past seven years. A very important role of the organization is to protect against internal power struggles as well as external capture. These are noble goals and ones they seem to have accomplished effectively. The Ethereum Foundation, in its current incarnation, designed to minimize threats both internal and external, has lost that vision.Ethereum’s next phase demands more than just technical research and coordinating conferences. It requires visionary leadership — someone who understands not just the technology but its broader social, philosophical, and political implications.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Foundation Sells 100 ETH Amidst Market DownturnEthereum Foundation Sells 100 ETH Amidst Market DownturnThe Ethereum Foundation continues its pattern of selling ETH before price drops, selling 100 ETH for 329,463 DAI. This follows a trend of 4,666 ETH sold in 2024, generating $12.61 million.
Read more »

Buterin: Ethereum Foundation to Bring In Fresh TalentButerin: Ethereum Foundation to Bring In Fresh TalentNon-profit undergoing major leadership overhaul
Read more »

Ethereum Foundation Sells Another 100 ETH, Raising Concerns Amidst Price UnderperformanceEthereum Foundation Sells Another 100 ETH, Raising Concerns Amidst Price UnderperformanceThe Ethereum Foundation continues to sell its ETH holdings, selling another 100 ETH for 336,475 DAI in the latest transaction. This brings the total ETH sold since the beginning of 2025 to 200, worth approximately $672,000. The sales come as Ethereum's price remains 31% below its all-time high, while Bitcoin and Solana see significant gains. The foundation's actions have raised concerns among ETH enthusiasts, who point to the underperformance of Ethereum compared to its rivals.
Read more »

Ethereum Foundation Moves $165M to DeFi Wallet to Grow TreasuryEthereum Foundation Moves $165M to DeFi Wallet to Grow TreasuryThe Ethereum Foundation is allocating 50,000 ether (ETH), worth approximately $165.3 million, to a new multisig wallet to participate in the decentralized finance (DeFi) ecosystem. This move aims to bolster the Foundation's treasury, which has declined by 39% in less than three years. The Foundation also announced ongoing leadership restructuring to enhance technical expertise, communication, and support for app builders.
Read more »

Ethereum Price Forecast: ETH set for rally as its Foundation allocates 50,000 ETH to DeFiEthereum Price Forecast: ETH set for rally as its Foundation allocates 50,000 ETH to DeFiEthereum (ETH) trades around $3,330 on Monday following the general crypto market decline stemming from traders' reaction to Unites States (US) President Donald Trump's failure to mention crypto during his inauguration.
Read more »

Aave Price Soars After Ethereum Foundation Investment and New DeFi FeaturesAave Price Soars After Ethereum Foundation Investment and New DeFi FeaturesAave price rallied following a significant investment from the Ethereum Foundation and the launch of new DeFi features. This news analyzes the impact of these developments on Aave's future and its position in the DeFi market.
Read more »



Render Time: 2025-02-22 07:34:17