Vitalik details Ethereum reset as Foundation cuts budget 40%

Ethereum Foundation has cut roughly 20% of its workforce, eliminating 54 positions as part of a sweeping organizational overhaul tied to its long-term development strategy. According to the Ethereum Foundation, the workforce reduction concludes a months-long restructuring process carried out…

The Ethereum Foundation just announced its biggest organizational overhaul in years.

The Ethereum Foundation cut 54 staff and reorganized around five clusters, one day after former EF researchers launched the independent lab Ethlabs.

UBS and Nethermind complete Ethereum compliance PoCs on Sepolia, testing bank-grade controls without protocol changes. UBS and Nethermind have completed two proofs of concept focused on Ethereum compliance tools. The work tested how regulated firms could use public blockchain infrastructure. The companies said the tests showed that Ethereum can support bank-grade compliance needs. They also […] The post Ethereum Gets Institutional Boost as UBS and Nethermind Complete Compliance PoCs appeared first on Live Bitcoin News.

Ethereum’s internal debate over maximal extractable value has moved back into the spotlight after Ethereum Foundation executive Bastian Aue framed toxic ME

The non-profit is cutting 54 jobs as it reorganizes into focused "clusters," following a succession of leadership departures.

The nonprofit is eliminating 54 roles and reorganizing around five core divisions focused on Ethereum’s protocol, users, community and institutional adoption.