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Ethereum Foundation
Anthony Scaramucci Says He's Not Testifying at SBF Trial; Markets React After Hamas Attack on Israel
"CoinDesk Daily" breaks down the biggest crypto headlines today, including how markets are reacting to escalating violence in the Middle East. SkyBridge Capital founder and managing partner Anthony Scaramucci clarifies if he will testify in Sam Bankman-Fried's criminal trial as legal proceedings enter the second week. And, traders react to a wallet apparently belonging to the Ethereum Foundation that sold a portion of its allocated tokens.
Ethereum Merge 'Going to Make a Huge Difference' for Energy Consumption: Researcher
The Ethereum Foundation claims the much anticipated Merge this September from proof-of-work to proof-of-stake will reduce the blockchain network's energy consumption by 99.95%. Independent researcher and artist Kyle McDonald discusses the potential impact of the Merge on Ethereum's energy consumption and the implications for NFTs.
So What If Ethereum Foundation Holds Fiat?
According to the Ethereum Foundation’s (EF) 2022 annual report, the non-profit organization holds $300 million, nearly 20% of its treasury, in non-crypto investments. “The Hash” group discusses the extensive size of the Ethereum Foundation's treasury, the need for fiat investments given crypto market volatility, and Ethereum's highly anticipated merge to a proof-of-stake consensus mechanism.
Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip
CoinDesk U.S. Regulatory Reporter Cheyenne Ligon discusses the sentencing of former Ethereum developer Virgil Griffith, who will be serving over five years in prison for breaking international sanctions during his 2019 trip to Pyongyang. Ligon discusses her take on the purpose of Griffith’s trip to North Korea, his role in the Ethereum Foundation, and the atmosphere in the courtroom.
