Ethereum which is among the rival projects and pleased its early investors with its bull in 2021. polkadotThere has been an important development.
polkadotGavin Wood, founder and CEO of Bloomberg, announced that he is stepping down as CEO in a brief statement to Bloomberg.
Saying that the role of CEO was never a position he envied, Wood said:
“Being CEO has never been a role I envied. I may only be a good CEO for a short time, but this is not where I find true happiness.”
After Wood, Parity’s co-founder Björn Wagner will take the CEO seat.
Following the news, there was a 1.8% bearish reaction in the DOT price.
While wondering how the CEO’s departure will affect the price, investors focused on the DOT chart and future announcements.
Gavin Wood has yet to comment on his resignation and future plans.
As of our news hour, the DOT is 90% below its peak and is trading at $5.80.
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