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Ethereum Foundation cuts 20%...

The Ethereum Foundation has cut roughly 20% of its workforce and slashed its...

Apple May Kill One...

Craig Raw is a solo developer based in South Africa. In...

Latest bear market victim...

Swell, a liquid staking and restaking protocol, is shutting down its Ethereum Layer...

Congress Schedules CLARITY Act...

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Ethereum Foundation cuts 20% of...

The Ethereum Foundation has cut roughly 20%...

Apple May Kill One Of...

Craig Raw is a solo...

Ethereum Foundation cuts 20% of staff as ETH sinks 44% YTD despite record usage

The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even as the blockchain it helps steward has seen its highest-ever levels of user activity and is attracting deeper participation from major financial institutions.On June 23, the nonprofit revealed that it dismissed 54 employees following a months-long review of its structure, spending, and long-term responsibilities.Speaking on this move, Vitalik Buterin, Ethereum co-founder, said:I respect my EF colleagues far too much to pretend that there was not...

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