Why extract Is Trending Today?

Joe Lubin, co-founder of Ethereum, has restarted his Ethereum (ETH) purchases through his venture capital firm, Sharplink Gaming. Lubin's ETH holdings have now surpassed $3.5 billion.

Joseph Lubin, co-founder of Ethereum, has repeatedly defended the role of venture capitalists (VCs) in the platform's growth, despite growing concerns and criticism. Lubin argues that VCs like Paradigm serve as a temporary bridge to global capital markets, even as Ethereum aims for decentralization. He believes that VCs are still necessary for Ethereum's development, despite worries about value extraction.