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Vitalik Buterin created a fellowship of the ring to build ethereum But the founders have a history of feuds and are now competing for crypto dominance
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Ethereum Price Prediction: ETH Value Suffers Massive Crash After Co-Founder Exit
In a move that sent the cryptocurrency markets turning, Canadian entrepreneur and Ethereum co-founder Anthony Di Iorio is set to abandon the crypto world due to what he emphasized as safety concerns of his family.
Photo : Executium/Unsplash
Success comes at a price, and the co-founder of the world s second largest cryptocurrency knows this too well. In a move that sent the cryptocurrency markets turning, Canadian entrepreneur and Ethereum co-founder Anthony Di Iorio is set to abandon the crypto world due to what he emphasized as safety concerns of his family, Markets Insider reported.
Ethereum co-founder quits cryptocurrency, sending ETH price down
Source: Executium/Unsplash
One of the founders of blockchain Ethereum and its cryptocurrency token Ether (ETH) has quit the space entirely, partly because of concerns for his personal safety.
Canadian Anthony Di Iorio also heads up digital startup Decentral, which he reportedly plans to sell for fiat currency that is, regular dollars and cents.
The news, first reported by
Bloomberg on July 17, led to a tumble in the price of Ethereum’s main token, Ether (ETH).
On July 18, ETH was trading US$1,976 ($2,703). By July 20, it was at US$1,744 ($2,364).
That said, the token has seen a slight uptick since, and is still way up on its US$741 ($1,011) price point at the beginning of the year.
Co-founders of Dogecoin and Ethereum quit crypto world for good
July 20, 2021 @ 1:17 am By Priyanka Pani
In a strange turn of events that could negatively impact the crypto sector, two well-known founders and critical architects from the industry have called quits. In four days,
Jackson Palmer, co-founder of cryptocurrency Dogecoin, and
Anthony Di Iorio, co-founder of Etheruem have decided to quit the cryptocurrency world for different reasons.
While, Iorio, the billionaire co-founder of Ethereum, announced his ouster from the company and cryptocurrency because of personal safety concerns, Dogecoin’s Palmer launched a scathing attack on the virtual currencies by calling them the “currency of the wealthy.”
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