Ethereum faces core development funding crisis, former contributor warns
The warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures.
Bitcoin News·
Pseudonymous trader Pentoshi has branded ether a cursed asset stuck in a lost decade, arguing the token sits near the same level it traded nine years ago and, adjusted for inflation, about 14% below its 2017 high. A Brutal Verdict The trader argued that ether is currently going for the same price it commanded nine […]
Read full articleThe warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures.
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A former Ethereum Foundation coordinator has warned that Ethereum’s core development ecosystem may face funding pressure as older support programs expire.
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Bitcoin and Ethereum options worth $2.13B expired below max pain, keeping $60K Bitcoin support and $1,725 ETH level in focus.