Ethereum Foundation Cuts 20% of Staff in Sweeping Reorganization
The nonprofit is eliminating 54 roles and reorganizing around five core divisions focused on Ethereum’s protocol, users, community and institutional adoption.
Crypto News·
Ethereum Foundation funding questions grow after Ethlabs, Argot and other groups draw scrutiny as ETH weakness keeps users focused on costs.
Read full articleThe 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 weak price action is colliding with continued attention on spot ETF flows, leaving traders focused on whether outflows are masking healthier act
Ethereum's staff cuts and leadership changes may hinder strategic direction, affecting its market cap growth and competitiveness with Bitcoin. The post Ethereum Foundation cuts 20% of staff amid leadership exodus appeared first on Crypto Briefing.
Aggregated orderbook metrics for spot markets are live on Glassnode, starting with Binance and Coinbase across the most liquid BTC and ETH pairs.
Ethereum Foundation's reorganization may enhance strategic focus and efficiency, potentially accelerating Ethereum's growth and adoption globally. The post Ethereum Foundation reorganizes into five clusters, cuts 20% of staff appeared first on Crypto Briefing.
Crypto majors are selling off as big Tech gets routed; Saylor is hoarding cash; and ETH heavyweights team up to fund R&D with ETHLabs.
The initiative follows a wave of high-profile departures from the Ethereum Foundation in the last few months.