Anthony Di Lorio Plans to Leave Cryptocurrency Space For Philanthropic Initiatives

The Co-founder of the second-largest cryptocurrency in the industry, Ethereum, is set to cut ties permanently with crypto. According to the latest news, Anthony Di Lorio plans to sell his newest venture, “Decentral,” and face philanthropic initiatives by 2022. According to what Di Lorio revealed, his plans stem partly from fears about his security. Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator The Ethereum co-founder revealed these plans to our source through an interview that they had over the phone. During the session, he stated that he doesn’t want to be remembered as a cryptocurrency person but as a “problem solver” However, he also pointed out that the worries about his security contributed at least 20% to his decision to quit the industry. But to achieve the problem-solving legacy, the Di Lorio is set to start a foundation in 2022. A Foundation with Cryptocurrency Principles According to Di Lorio, his upcoming foundation would operate on the principles he had earlier developed in the crypto industry. He also mentioned that he might adopt blockchain technology into his operations to solve larger problems. Related Reading | Nifty’s Inc. Partners With Warner Bros To Roll Out A Social NFT Platform The Ethereum co-founder also revealed that the funding for the foundation would come from his holdings. However, he refused to disclose the amount o...