‘Ethereum Cypherpunk Manifesto' author joins Ethereum Foundation as fourth board member

The article reports that the Ethereum Foundation has appointed Pascal Caversaccio (pcaversaccio), a co-founder of security group SEAL 911 and author of The Ethereum Cypherpunk Manifesto, to its four-member board. The move highlights Ethereum’s continued emphasis on security, privacy, censorship resistance, and decentralized governance. Caversaccio joins existing board members Aya Miyaguchi, Vitalik Buterin, and Patrick Storchenegger. The appointment comes amid broader EF restructuring, including a 20% staff cut in June and several executive departures. Market-wise, the story is more about ecosystem governance than direct price action, but it reinforces a strategic shift that could support long-term ETH sentiment by strengthening Ethereum’s institutional and technical credibility. The article also notes growing institutional support around Ethereum through spinout organizations and ecosystem participants, with over 100 supporters backing Ethereum Institutional.