Most Influential 2021: Tim Beiko
By 2030, Ethereum’s economy will be [at] “top 10 country” scale, says the Ethereum developer.

Ethereum 2.0, the most significant feat of engineering ever attempted in crypto’s short history, has been a multi-year endeavor. Ethereum developer Tim Beiko has played an outsized role helping to orchestrate this operation – which will see the most-actively used blockchain switch to an entirely new consensus mechanism, like swapping out a person’s skeleton – by hosting core protocol meetings this year.
The project hit several milestones in 2021, including multiple hard forks and deployment of Ethereum Improvement Proposals (EIP), many of which Beiko led.
What was one lesson this year?
How to keep (some!) focus during a bull market, when distractions abound.
What was your biggest success?
Getting EIP-1559 live on the Ethereum mainnet!
Name one big plan for 2022.
Transitioning Ethereum from proof-of-work to proof-of-stake!
How is crypto going to change the world by 2030?
Ethereum’s economy will be [at] “top 10 country” scale.
The Complete List:CoinDesk’s Most Influential 2021

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DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends

Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.
What to know:
- Gauntlet's TVL dropped 22.84% over seven days, erasing roughly $380 million in value, with the primary driver being the end of OKX's pre-deposit campaign on Katana rather than broader market stress — the outflows are predominantly stablecoins rotating out of incentive-driven vaults.
- Despite the sharp number, Gauntlet says the swing is consistent with normal incentive cycle dynamics, pointing to a similar $775 million single-transaction deposit in October 2025 that fully recovered within ten days as evidence that the firm has navigated large capital movements before.












