The Latest Breaking News from Vitalik Buterin

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SAN FRANCISCO: The cryptocurrency industry has endured a terrible year. A devastating crash wiped nearly $1 trillion from the market, draining the savings of thousands of people. Several companies filed for bankruptcy.

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Ethereum has been through 4 major governance crises centered around Vitalik Buterin’s insistence to make Ethereum a non-profit organization. As a non-profit organization, Buterin believes that many capitalist-driven disincentives can be avoided – leading to a more decentralized, aligned, and powerful blockchain network. 

Dogecoin (CRYPTO: DOGE) traded 4.3% lower at $0.07 in the early hours of Tuesday. DOGE declined in tandem with other major coins as the global cryptocurrency market cap fell 3.1% to $1.05 trillion at press time.

A third of respondents to Galois Capital’s survey believe that Ethereum (CRYPTO: ETH) will fork into two blockchains following the Merge to Proof-of-Stake (PoS).

Here's a recap of a few major headlines that hit the wire over the weekend.

Benzinga has examined the prospects for many investors' favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro. 

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) soared up over 11% and 8%, respectively, on Wednesday before running into groups of sellers that knocked both cryptos down to near flat.

There are only 999 three-digit Ethereum Name Services domains available. While all have sold out and have high market resale value, investors can now own a piece of the highly coveted three-digit club as fractional shares.

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