Vitalik Buterin says public companies that buy and hold Ether broaden the token’s access to a wider range of investors, but cautioned on leveraging too heavily. Ethereum co-founder Vitalik Buterin has thrown support behind so-called Ether treasury companies, but warned the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview with the Bankless podcast released on Thursday, Buterin said the growing number of public companies buying and holding Ether (ETH) was valuable as they expose the token to a broader range of investors. “There’s definitely valuable services that are being provided there,” Buterin said. He added that companies buying into ETH treasury firms instead of holding the token directly gives people “more options,” especially those with “different financial circumstances.” Read more
ISPs in the Philippines have blocked access to exchanges including OKX, Bybit and Bitget; Singapore exchange sued by investors: Asia Express. Members of the crypto community in the Philippines say local internet service providers have begun blocking access to several unlicensed cryptocurrency exchanges. The move follows a warning issued Monday by the Securities and Exchange Commission (SEC), which flagged 10 exchanges, including OKX, Bybit, and Bitget, for operating without a license. Several users report they can no longer access these exchanges’ websites, though mobile apps remain functional for now. However, previous enforcement history suggests that app access may also be restricted soon. Read more