Ethereum Foundation

The Ethereum Foundation dismissed 54 employees and reduced its annual budget by roughly 40 percent on June 23 as part of a reorganization. The cuts follow the launch of EthLabs, a new research organization, the previous day. Officials described the changes as a shift toward a leaner structure focused on core protocol priorities.

2 maj 2026 Rapporterad av AI

The Ethereum Foundation completed its third over-the-counter sale of 10,000 ETH to BitMine Immersion Technologies, valued at roughly $22.9 million. The transaction funds the foundation's operations, including research and community grants. This follows similar sales last week and in March.