Ethereum News
EthLabs launches as Ethereum undergoes its biggest leadership transition in years
In this week's edition of The Protocol Newsletter, we’re diving into the creation of EthLabs, and why it was launched during a period of transition for the ecosystem.
Ethereum gets a new nonprofit focused on institutional adoption
The launch comes as the Ethereum Foundation narrows its focus to stewarding the core protocol, with independent organizations like EthLabs emerging to take on ecosystem functions such as research & development.
Citi slashes 12-month bitcoin, ether targets as ETF flows dry up
The bank cut its 12-month bitcoin and ether price targets after scrapping its ETF inflow forecasts, citing stalled U.S. crypto legislation and weak investor demand.
MetaMask launches Money Account with stablecoin yield and spending in one wallet
The launch reflects a broader push to make stablecoins more useful beyond trading and transfers.
Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year.
Former Ethereum Foundation leader warns of funding gap as governance shifts
A former Ethereum Foundation member says the network must quickly build new funding institutions as the Foundation steps back.
Ethereum treasury firm Sharplink buys ether for the first time in eight months
The second-largest corporate ether holder purchased 5,000 ETH worth about $7.85 million on Thursday, its first inflow since October, even as it sits on a paper loss of roughly $1.8 billion.
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization's ongoing turmoil.
Ethereum Foundation cuts 20% of staff amid leadership exodus
The reduction follows a period of significant upheaval at the organization’s leadership level.
