Vitalik Buterin: Ethereum Foundation Cuts Budget by 40% and Major Restructuring
- Vitalik Buterin announced that the Ethereum Foundation (EF) will reduce its budget by 40% in a significant restructuring.
- This decision comes on the same day EF confirmed a 20% reduction in personnel.
- This move follows the resignation of co-CEO Hsiao-Wei Wang.
- Since January, a total of 9 senior figures from the Ethereum Foundation have departed, indicating the scale of the internal shake-up occurring within the organization.
#Ethereum #ETH #VitalikButerin #BinanceSquare #CryptoNews
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Source: CoinDesk
- Vitalik Buterin announced that the Ethereum Foundation (EF) will reduce its budget by 40% in a significant restructuring.
- This decision comes on the same day EF confirmed a 20% reduction in personnel.
- This move follows the resignation of co-CEO Hsiao-Wei Wang.
- Since January, a total of 9 senior figures from the Ethereum Foundation have departed, indicating the scale of the internal shake-up occurring within the organization.
#Ethereum #ETH #VitalikButerin #BinanceSquare #CryptoNews
$eth
vlikevn Titanbot
Source: CoinDesk