Taiko Denies Ethereum Foundation Token Sale Rumors

IconCryptoNewsTerminal Staff31 Jul, 2024

cryptonews.jpg

Taiko Denies Ethereum Foundation Token Sale Rumors

Taiko, an Ethereum Layer 2 network, has refuted claims that the Ethereum Foundation sold off its TAIKO tokens. Taiko emphasized that no tokens were ever sent to the Foundation. Despite recent media reports, Taiko maintains its close relationship with the Ethereum Foundation. Taiko was even mentioned as an "EVM purist" in Vitalik Buterin's speech at EthCC, highlighting their shared vision. Taiko's denial underscores the importance of fact-checking and contacting sources before publishing potentially misleading information.