Co-founder of Ethereum (ETH) Vitalik Buterin criticized centralized exchanges, saying that he hopes they will “burn in hell,” in an interview with a TechCrunch journalist Jon Evans, July 6.
[embedded content] Buterin has reiterated his positive stance on decentralization, claiming that by developing “better” decentralized platforms, the crypto community should be able to take away the “stupid King making power” from centralized crypto exchanges.
However, DEX’s also have disadvantages – the relative lack of liquidity, compared to their centralized counterparts, being one of the examples.
In the interview, Buterin cited one example to demonstrate the advantages of the current decentralization of Ethereum: “if someone puts a gun to [his] head and tells [him] to write a hard fork patch,” he would definitely do so.
As of press time, Ethereum is the second largest cryptocurrency with a market capitalization of around $47.5 billion.
The Ethereum co-founder argues that ZK-EVMs and decentralized storage now allow builders to create permanent tools that replace restrictive corporate software.
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Ethereum co-founder Vitalik Buterin is making a case that the most valuable upgrade for the world’s second-largest blockchain may be learning how to stop upgrading. Last November, Buterin reportedly argued that locking down parts of the base layer can reduce bugs and lower the odds of “surprises” for a network that secures hundreds of billions […]
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In this week’s edition of the weekly recap, Tennessee officials issued cease-and-desist orders to major prediction market platforms alleging unlicensed sports wagering, while BNY advances the tokenized deposit platform launch.
Ethereum’s social buzz has cooled to levels some analysts compare with the period before last year’s powerful rebound, but experts say that doesn’t automatically mean another big surge is imminent. Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator Sentiment Mirrors Past Lows According to Santiment analyst Brian Quinlivan, social media sentiment around Ethereum has slipped and now sits near the low range seen before the 2025 rally.
Vitalik Buterin backs Tornado Cash developer Roman Storm ahead of US sentencing. Over $6.39M raised from the crypto community for his defense.
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Ethereum co-founder Vitalik Buterin declared that the blockchain has solved the trilemma through a combination of ZK-EVMs reaching production-grade performance and PeerDAS running live on mainnet. The technological developments position Ethereum as a network combining high bandwidth, consensus, and decentralization.…