The Ethereum Foundation is facing backlash for selling ETH instead of exploring staking or DeFi options. Lookonchain reported that the foundation sold another 100 ETH, totaling $13 million in sales since January 2024. Critics argue that the foundation is not engaged enough in the Ethereum ecosystem. However, Vitalik Buterin stated that the foundation is looking into staking approximately $1 billion in ETH holdings. He explained that there were regulatory concerns and issues with maintaining neutrality during hard forks. The community suggests finding alternatives to selling ETH, such as OTC trades. The foundation is also undergoing leadership restructuring to improve technical expertise and communication with ecosystem participants, focusing on privacy, open-source development, and resistance to censorship.



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