Summary
TLDR: The Ethereum Foundation removed its warrant canary, indicating it received a confidential inquiry from a state authority. The price of ether fell after the news. Industry experts say this is common for crypto foundations and may not be a big deal.
Key Points
1. The Ethereum Foundation removed the warrant canary indicating it has never been served a government subpoena from its website on Feb. 26.
2. The Ethereum Foundation received a voluntary enquiry from a state authority that included a requirement for confidentiality, leading to the removal of the warrant canary.
3. The price of ether (ETH) fell more than 2% immediately after the news broke, following a bearish week for the token.