Vitalik Buterin Announces Leadership Changes in Ethereum Foundation
Today in crypto, Ethereum co-founder Vitalik Buterin announced major leadership changes at the Ethereum Foundation aimed at enhancing technical expertise and communication within the Ethereum ecosystem. Buterin emphasized the Foundation's commitment to decentralization and neutrality, asserting it will not engage in political lobbying. Additionally, crypto traders profited significantly from the recent launch of Official Trump (TRUMP), a Solana-based memecoin associated with US President-elect Donald Trump, which saw its market cap reach nearly $9 billion shortly after launch. High-profile trades in TRUMP resulted in substantial profits for investors. Meanwhile, Wyoming has introduced a bill proposing a Strategic Bitcoin Reserve, allowing a portion of state funds to be invested in Bitcoin, with no more than 3% allocated from existing funds. This move is part of a growing trend among US states to legitimize Bitcoin investments, reflecting a broader acceptance of cryptocurrency in governmental finance.
Source 🔗