Sharplink, Bitmine and Joe Lubin are backing Ethlabs as the Ethereum Foundation cuts its budget 40%, but no one will say how much money is behind the new lab
Key takeaways The Ethereum Foundation has reduced its workforce by 20% following the completion of a major reorganization. ETH is up by 1% and is now trading above $1,650. The Ethereum Foundation (EF) has completed a broad organizational restructuring that includes reducing its workforce by approximately 20%, affecting 54 employees across multiple teams. In a […]
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Ethlabs, a new independent nonprofit research lab founded by former Ethereum Foundation researchers, has launched to strengthen Ethereum’s core infrastructure. The group is backed by major ecosystem participants, including Bitmine, Sharplink, Joe Lubin, Anchorage, Octant, and SNZ. Ethlabs Forms Independent Research Group to Strengthen Ethereum’s Core Network A group of senior Ethereum contributors has launched […]
The Ethereum Foundation has eliminated 54 positions, about 20% of its workforce, as part of a restructuring tied to its updated spending mandate. Vitalik Buterin announced a 40% annual budget cut targeting a reduction in treasury spend from 15% to 5% by 2030. Arkham Intelligence places EF's ETH
Ethereum’s research ecosystem has added a new institutional-facing node after Ethlabs launched as an independent nonprofit backed by BitMine, SharpLink, an
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…
Vitalik Buterin outlined the sacrifices behind the Ethereum Foundations 40% budget cut and his long term lean and done vision for the protocol.
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Ethereum’s internal debate over maximal extractable value has moved back into the spotlight after Ethereum Foundation executive Bastian Aue framed toxic ME
The nonprofit is eliminating 54 roles and reorganizing around five core divisions focused on Ethereum’s protocol, users, community and institutional adoption.
The Ethereum Foundation (EF) announced Tuesday it is cutting 54 employees, roughly 20% of its workforce, as part of a months-long reorganization designed to sharpen its focus on what it calls the critical work only the EF can do. Leaner Structure, Narrower Focus The foundation published a formal post from EF management outlining the new […]
Ethereum's staff cuts and leadership changes may hinder strategic direction, affecting its market cap growth and competitiveness with Bitcoin.
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Ethereum Foundation's reorganization may enhance strategic focus and efficiency, potentially accelerating Ethereum's growth and adoption globally.
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The Ethereum Foundation fired 54 employees and unveiled a new organizational structure as Vitalik Buterin said the group plans to reduce its budget by roughly 40%.