Ethereum Foundation Executive Resigns, Coinbase Rating Downgraded, and More in Global Crypto News
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Summary
Ethereum news broke as co-executive director Tomasz K. Stańczak resigned, with Bastian Aue set to succeed him. Ethereum ecosystem updates also included Coinbase’s downgrade by Wall Street firms, followed by a 17% stock surge. Polymarket launched 5-minute price prediction markets, while Robinhood opened its Ventures Fund I to retail investors. Lighter introduced cross-margin for RWA perpetuals, and Polynomial shut down its chain and platform. Tether backed Dreamcash, a Hyperliquid-based app, and DeFiLlama launched a domain search tool to combat phishing.
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