Ethereum's co-founder says he's done with crypto because it's too risky

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Ethereum's co-founder says he's done with crypto because it's too risky | BISouthAfrica

to focus on philanthropy and other projects unrelated to crypto.

Decentral, founded in 2014, is a Toronto-based wallet and crypto services provider whose flagship product, Jaxx Liberty, counted about 1 million customers this year. Di Iori, who estimates his startup is worth"hundreds of millions," expects to strike a deal in fiat money, or in equity, rather than in crypto.He further told Bloomberg he wants to transition to being someone who takes on complex problems. He's currently involved with an initiative calledco-founded ethereum in 2014

along with seven others in Switzerland in a rented house they called the"spaceship." Among them, Vitalik Buterin is the only one still working on the blockchain. Ether, the network's native token and the world's second-largest cryptocurrency, held a market value of $221 billion as of Monday, according to data fromEther has continued to grow in popularity this year, showing a 53% increase in trading volumes quarter-on-quarter to an average of $3.

Source: Digital Coin News (digitalcoinnews.net)

 

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