Vitalik Buterin Takes Out $44.7M in ETH to Foster Ethereum Growth with ‘Mild Austerity’
Simply put Vitalik Buterin has taken out $44.7 million in ETH, indicating that the Ethereum Foundation will undergo a phase of “mild austerity” in the near future. The withdrawn funds are aimed at fostering Ethereum’s growth and development while emphasizing practicality over the “Ethereum Everywhere” trend. Experts believe that this increased financial support may be […]
World Bank fears Donald Trump’s austerity axemen could demand spending cuts: sources
World Bank officials, who have come under fire for missing $24 billion in climate change funds, are panicking at the prospect of deep budget cuts as President-elect Donald Trump pledges to cut U.S. government spending. The Post reported that. Officials accuse the Washington-based financial institution's top brass of operating it like a slush fund for […]