Bank of Italy research highlights the potential effect of a collapse in ether's price on Ethereum's ability to function as a financial settlement infrastructure. Economist Claudia Biancotti argues that a significant drop in ETH value could lead validators to shut down, weakening Ethereum's security and reliability. The study suggests that Ethereum's role in financial systems makes its token economics a concern for regulators, who may need to consider safeguards for its use in regulated finance.
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https://crypto.news/standard-chartered-tips-ethereum-to-outpace-bitcoin-into-2030-cycle/
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ETHZilla (ETHZ) sold 24,291 ether (ETH) for roughly $74.5 million to redeem senior secured convertible notes. After this second sale of digital assets, the company — formed with the intention of holding ETH — still owns approximately 69,800 ETH worth more than $200 million. Many digital asset treasury firms are facing pressure following stock price plunges, and are shifting focus from accumulation to managing liabilities.
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