ETHUSDT Ethereum core developer Péter Szilágyi revealed a letter he sent to the Ethereum Foundation leadership last year, criticizing Vitalik Buterin’s excessive influence and claiming that most projects are controlled by a small circle of 5–10 people and 1–3 venture capital firms behind them, forming a Vitalik-centric interest group where the success of new projects depends largely on their relationship with this circle.
ETHUSDT Vitalik Buterin praised Polygon and co-founder Sandeep Nailwal for their key contributions to the Ethereum ecosystem. He highlighted Polygon’s early investment in ZK-EVM development, Jordi Baylina’s team efforts, and the creation of infrastructure like AggLayer. Vitalik also commended Sandeep for his work on CryptoRelief and for returning $190M in SHIB donations, which helped fund the Balvi open-source anti-pandemic project. He added that he hopes Polygon will adopt mature ZK technology to bring full security guarantees to its PoS chain.
ETHUSDT On October 20, ETHUSD Ethereum spot ETFs recorded a total net outflow of $146 million, marking the third consecutive day of outflows. Bitcoin spot ETFs saw a total net outflow of $40.47 million, extending their four-day streak of withdrawals.
ETHUSDT #Ethereum update: ETH consolidating near $4,000 after a sharp rebound from $3,400 demand. Needs a clean break above $4K to confirm bullish momentum. Holds $3,900–$4,000 support? Targets $4,950, $5,500, $6,000. BTC above $112K is key! Gearing up—Who's ready?