Ethereum price faces uncertainty as Foundation faces 5‑year ‘mild austerity’ pivot

Ethereum Foundation adopts a five‑year “mild austerity” plan, reallocating 16,384 ETH and refocusing on core protocol, privacy, and open, verifiable systems. Summary Vitalik Buterin confirms withdrawal of 16,384 ETH to fund long‑term core Ethereum development under a leaner structure.​ The Foundation will run a five‑year “mild austerity” program to preserve [...]

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Wintermute founder says Binance wasn’t at fault in October flash crash

Wintermute founder Evgeny Gaevoy dismissed claims that Binance caused the October 10 crypto market crash, calling attempts to blame a single exchange “intellectually dishonest.” Summary Wintermute’s Evgeny Gaevoy called blaming Binance for Oct. 10 crash “intellectually dishonest.” He said macro news hit an overleveraged market during illiquid hours, triggering liquidations. [...]

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