According to ChainCatcher news and DL News reports, Ethereum founder Vitalik Buterin warned at the Devconnect conference in Buenos Aires that if institutions like BlackRock continue to accumulate ETH, Ethereum will face two major existential threats.
Currently, nine companies on Wall Street hold over 18 billion USD in ETH, and analysts predict that institutional holdings may exceed 10% of the total supply of Ethereum. Vitalik pointed out two major risks:
Threat 1: Driving away core developers and having institutions take control will alienate the true builders who care about decentralization, and the core community may be lost.
Threat 2: Incorrect technology choices, institutional pressure may drive inappropriate technical decisions, such as a 150-millisecond block time which benefits high-frequency trading but prevents ordinary users from running nodes, leading to geographical centralization.
Vitalik emphasizes the solution: focusing on the characteristics of globalization, permissionless, and censorship-resistant protocols, maintaining a strong core community, and upholding the values that differentiate Ethereum from traditional finance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Breaks Above $2,400, Major Whale Liquidated for $2.395M Across Two Rounds on Perpetual Futures Platform
Gate News message, April 27 — Ethereum surged above $2,400 this morning, triggering two large-scale liquidations on a major perpetual futures platform, according to Hyperinsight monitoring. A whale address starting with 0x5bc faced sequential liquidations on its ETH short position, resulting in a co
GateNews15m ago
Crypto Market Surges Across Multiple Sectors; RWA Leads with 4.81% Gain, BTC Breaks $79K
Gate News message, April 27 — According to SoSoValue data, the crypto market showed broad-based gains on April 27. The RWA sector led with a 24-hour increase of 4.81%, featuring Pendle (PENDLE) up 7.39%, Centrifuge (CFG) up 7.17%, Ondo Finance (ONDO) up 5.44%, and Keeta (KTA) up 5.89%.
Major assets
GateNews25m ago
Iran Proposes Strait of Hormuz Agreement to U.S., Delays Nuclear Talks
Gate News message, April 27 — Iran has proposed a new diplomatic initiative to the United States, prioritizing an agreement on reopening the Strait of Hormuz and lifting maritime blockades while deferring nuclear negotiations to a later phase, according to AXIOS citing U.S. officials and sources fam
GateNews1h ago
Whale Deposits 5,532 ETH to HyperLiquid for Selling, Closes Partial ETH Short Position
Gate News message, April 27 — According to Onchain Lens, a whale address labeled "0xed4" deposited 5,532 ETH (worth approximately $13 million) to HyperLiquid over the past 24 hours for selling purposes.
The whale also closed its 20x leveraged ETH short position on HyperLiquid, while maintaining a 2
GateNews2h ago
Whale pension-usdt.eth's $110M Short on BTC and ETH Down $15.25M as April Rally Continues
Gate News message, April 27 — According to on-chain analyst Yujin's monitoring, whale pension-usdt.eth opened a 3x leveraged short position on $110 million worth of BTC and ETH near the start of April, but has since incurred a floating loss of $15.25 million as prices rallied throughout the month.
GateNews2h ago
Aave, Kelp, LayerZero Propose Releasing $71M Frozen ETH to Restore rsETH
Gate News message, April 26 — Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking Arbitrum DAO to release roughly $71 million in frozen ETH into DeFi United, a cross-protocol relief effort following last week's $292 million Kelp DAO
GateNews3h ago