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Still on this, During his presentation, Cole called out Uniswap, Ethereum Name Service and Optimism for receiving support from the Ethereum Foundation, but later on launching their own tokens backed by venture capital funding. “Publicly funded projects should remain public and benefit those who have paid for them,” Cole said. Cole also lambasted the Ethereum Foundation for neglecting ETH as a valuable asset. Cointelegraph reached out to the Ethereum Foundation but did not receive a response by the time of publication. Ethereum Validator Association Ethereum Validator Association (EVA) was announced as the first recipient to receive a grant from the ECF. Cole says that with the EVA, validators will now have a say in how Ethereum’s monetary policy is shaped by prioritizing EIP road maps and choosing Ethereum’s client priorities. “The EVA introduces validator representation,” Cole said. Cole said that the EVA will empower clients based on their performance. Additionally, Cole highlighted a potential conflict of interest as Offchain Labs, the team behind layer-2 network Arbitrum, has an ownership stake in Prysmatic Labs. Notably, Prysm is the second-largest consensus layer client of the Ethereum network, according to Ethernodes. Prysmatic Labs operates the Prysm client.$ETH $ETH $ETH #BTC110KToday? #REX-OSPREYSolanaETF #hashtags
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DOJ recovers $40K crypto from Trump-Vance inaugural scam, credits Tether
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ETH news update: Ether rangebreak possible due to spot ETF inflows The project has no ties to the Ethereum Foundation. The ECF says it will provide grants to projects that increase “ETH burn, contribute to the public goods, advance core infrastructure, and scale Ethereum.” In order to receive grants, projects must use Ethereum as the settlement layer, which will lead to ETH burns due to the transactions being processed on the Ethereum mainnet. Additionally, the projects must be tokenless and immutable in nature, according to the ECF website. #BTC110KToday? #REX-OSPREYSolanaETF $ETH $BTC
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#BTC110KToday? 💥BREAKING: ELON MUSK JUST LIKED AN X POST THAT SAYS HE'S SECRETLY BUYING #bitcoin HE KNOWS SOMETHING...
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Iran has officially banned the use of Starlink, the satellite internet service run by Elon Musk’s SpaceX. The government says Starlink could allow people to access the internet without using local networks, which they cannot control. This makes it hard for them to regulate what people see and share online. Starlink is popular among activists, journalists, and citizens who want uncensored internet, especially in countries where the internet is restricted. Iranian officials say the service could be misused by foreign enemies and claim it may even be used for military purposes. They are worried about losing control over their national communications. SpaceX has not made any official comments, but Elon Musk had earlier said that Starlink was activated in Iran during past protests and internet blackouts. Digital rights groups are concerned. They say banning Starlink will make it even harder for people in Iran to access open and secure internet. A spokesperson from Access Now, a global NGO, said the move is part of a growing pattern of “digital authoritarianism.” They added that while it’s okay for a country to want control over its internet systems, completely cutting people off from tools like Starlink only increases censorship and repression. #ElonMusk. #BinanceAlphaAlert #BTC110KToday? #BTC #USCorePCEMay $TRUMP $DOGE
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