Tension in Ethereum Community as Developers Accept Token Incentives from Controversial Protocol, CoinDesk's Consensus Conference Approaches

05/23 00:44

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The possibility of Ethereum ETFs being approved by U.S. regulators has led to a 21% increase in ETH price this week. However, there is tension within the Ethereum developer community regarding the blockchain's future and progress towards decentralization, which has been exacerbated by accusations of conflict of interest. Some Ethereum Foundation members have accepted paid advisory roles from projects built on Ethereum that may have conflicting incentives with the blockchain. Meanwhile, there are several upcoming events related to blockchain technology, including Consensus, Apex, EthCC, and Bitcoin 2024. Meme coins, such as MAGA Token, have created crypto millionaires, and there have been recent investments in projects like Aevo's token on the crypto derivatives DEX.

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