ethereumcrypto-industry
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
June 23, 2026
Source:CoinDesk
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.
Automated crypto news ingestion from CoinDesk.