Vitalik Buterin Issues Ethereum Alert, Warns ETH Treasury Companies Could Lead to the Downfall of Second-Largest Crypto Asset – Here’s Why
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Ethereum founder Vitalik Buterin is identifying one major risk when it comes to companies holding ETH on their balance sheet.In a new interview on the Bankless podcast, Buterin says that if companies holding ETH engage in overleveraging practices, it may lead to the altcoin’s collapse.However, Buterin says there are benefits in companies having an ETH treasury.ETH is trading for $4,013 at time of writing, up 3% in the last 24 hours.
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