Vitalik Buterin Backs Argentina’s Crypto Growth Amid LIBRA Token Collapse

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TheNewsCrypto 1d ago

Vitalik Buterin Backs Argentina’s Crypto Growth Amid LIBRA Token Collapse - TheNewsCrypto

Quick Summary:

Ethereum co-founder Vitalik Buterin has publicly expressed his support for Argentina’s crypto ecosystem by proposing that the country host Devconnect, a major Ethereum developer summit.

Butterin’s support comes amidst recent news surrounding the LIBRA token, which experienced a rapid collapse and political controversy.

The proposal to host Devconnect coincides with the moment when LIBRA faced serious backlash as it saw a loss of 95% in value after reaching a $4.5 billion valuation.