Close Menu
MEO CryptoMEO Crypto
    What's Hot

    Solana network extensions will redefine blockchain scaling

    June 22, 2025

    Pumpfun reportedly delays token auction to July amid legal troubles

    June 20, 2025

    Bloomberg analysts revise ETF approval odds to ‘90% or higher’ as SEC requests amended filings

    June 20, 2025
    Facebook X (Twitter) Instagram
    MEO CryptoMEO Crypto
    • News
    • Web3
    • Gaming
    • RWA
    MEO CryptoMEO Crypto
    Home » Vitalik Buterin addresses controversy as Ethereum Foundation sells another 100 ETH
    Web3

    Vitalik Buterin addresses controversy as Ethereum Foundation sells another 100 ETH

    By January 20, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    On-chain data shows that the Ethereum Foundation (EF) has sold 100 ETH for $336,475.

    On Jan. 20, blockchain analytical firm SpotOnChain reported that this marks the foundation’s second sale of Ethereum in 2025, bringing its total sales to 200 ETH (valued at $672,000).

    These transactions have reignited discussions within the Ethereum community about the foundation’s approach to managing its resources.

    Stake or sell?

    Critics argue that the EF should prioritize staking its ETH holdings to generate yields instead of selling. They believe such an approach aligns more closely with Ethereum’s goals and supports long-term sustainability.

    Vitalik Buterin, Ethereum’s co-founder, addressed the controversy on X, explaining that regulatory concerns and the potential for contentious hard forks influenced the decision to sell rather than stake.

    While regulatory pressures have eased, the risk of staking forcing the EF to take sides on divisive upgrades remains a significant concern.

    Still, Buterin noted that the EF is actively exploring ways to utilize its ETH holdings more effectively, including staking. However, these efforts are still in the early stages, as the foundation seeks solutions that align with its broader mission.

    Meanwhile, SpotOnChain suggested that the EF consider over-the-counter (OTC) trading for future sales.

    The platform argued that such an approach would reduce public scrutiny and improve the community’s perception of the foundation’s financial management. It stated:

    “Nobody wants to see the EF continuously dumping ETH on them.”

    Ethereum Foundation restructuring

    These developments come as the EF undergoes significant leadership restructuring.

    On Jan. 18, Buterin highlighted efforts to restructure the foundation’s leadership to strengthen collaboration with developers, wallet providers, and Layer-2 networks.

    This restructuring emphasizes decentralization, privacy, and open-source innovation, aligning with Ethereum’s core principles.

    According to Buterin:

    “[EF would] become more actively supportive of app builders, and make sure important values and inalienable rights (esp privacy, open source, censorship resistance) are a reality for users including at the app layer.”

    Despite these changes, Buterin stressed that the foundation will maintain neutrality, refraining from political lobbying or endorsing specific interests. Instead, the EF will empower developers and foster innovation across the Ethereum ecosystem.

    Meanwhile, these discussions also attracted Aave CEO Stani Kulechov, who proposed fundamental changes to the EF’s operational and financial strategies.

    He advocated cutting operational costs, optimizing the treasury through diversification, and establishing a sustainable revenue model. Kulechov’s proposals included streamlining the EF’s workforce to focus on technical expertise and eliminating inefficiencies to enhance financial stability.

    The post Vitalik Buterin addresses controversy as Ethereum Foundation sells another 100 ETH appeared first on CryptoSlate.

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleEthereum targets March 2025 for ambitious Pectra upgrade rollout
    Next Article AI agents for gaming: Revamped NPCs are just the beginning

    Related Posts

    Why I left Web2 for Web3 – and why you might, too

    June 15, 2025

    Solana hitting 1M TPS, memecoin rug pull seizures to put SOL on US digital asset stockpile radar

    June 12, 2025

    XRP Ledger will be compatible with Ethereum smart contracts via sidechain launch summer 2025

    June 11, 2025

    The future of crypto belongs to communities—treasury governance will get us there

    June 7, 2025

    Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration

    June 6, 2025

    Micro-cap Quantum Resistance Ledger’s QRL token jumps 33% amid quantum concerns for crypto

    June 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Economy News

    Solana network extensions will redefine blockchain scaling

    By PR ManagerJune 22, 2025

    The following is a guest post and opinion from Aryan Sheikhalian, Head of Research at…

    Pumpfun reportedly delays token auction to July amid legal troubles

    June 20, 2025

    Bloomberg analysts revise ETF approval odds to ‘90% or higher’ as SEC requests amended filings

    June 20, 2025
    Top Trending

    Solana network extensions will redefine blockchain scaling

    By PR ManagerJune 22, 2025

    The following is a guest post and opinion from Aryan Sheikhalian, Head…

    Pumpfun reportedly delays token auction to July amid legal troubles

    By PR ManagerJune 20, 2025

    Pump.fun has delayed its public token sale once again, extending months of…

    Bloomberg analysts revise ETF approval odds to ‘90% or higher’ as SEC requests amended filings

    By PR ManagerJune 20, 2025

    Bloomberg analysts have sharply increased the likelihood of U.S. regulators approving a…

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • News
    • Web3
    • NFTs
    • Gaming
    • Exchanges
    • Get In Touch
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.