Submission + - Ethereum Co-Founder Says Safety Concern Has Him Quitting Crypto (bloomberg.com)
tekram writes: Anthony Di Iorio, a co-founder of the Ethereum network, says he's done with the cryptocurrency world, partially because of personal safety concerns.
Back in 2013, Di Iorio co-founded Ethereum, which has become the home of many of the hottest crypto projects, particularly in decentralized finance — which lets people borrow, lend and trade with each other without intermediaries like banks. Ether, the native token of the network, has a market value of about $225 billion.
In recent years, Di Iorio jumped into venture-capital investing and startup advising. He was also for a time chief digital officer of the Toronto Stock Exchange. In February 2018, Forbesestimatedhis net worth was as high as $1 billion. Ether's price has more than doubled since then.
"I will incorporate crypto when needed, but a lot of times, it's not," he said. "It's really a small percentage of what the world needs."
Back in 2013, Di Iorio co-founded Ethereum, which has become the home of many of the hottest crypto projects, particularly in decentralized finance — which lets people borrow, lend and trade with each other without intermediaries like banks. Ether, the native token of the network, has a market value of about $225 billion.
In recent years, Di Iorio jumped into venture-capital investing and startup advising. He was also for a time chief digital officer of the Toronto Stock Exchange. In February 2018, Forbesestimatedhis net worth was as high as $1 billion. Ether's price has more than doubled since then.
"I will incorporate crypto when needed, but a lot of times, it's not," he said. "It's really a small percentage of what the world needs."
