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Blockchains

Covering the very base layers of crypto; the decentralized networks —from Layer 1 to Layer 2 and beyond— that provide the backbone for permissionless, global, peer-to-peer, transactions.

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Ethereum Foundation Cuts 20% of Staff in Sweeping Reorganization

Ethereum Foundation Cuts 20% of Staff in Sweeping Reorganization

The Ethereum Foundation has eliminated 54 positions, about 20% of its workforce, as part of a restructuring tied to its updated spending mandate. Vitalik Buterin announced a 40% annual budget cut targeting a reduction in treasury spend from 15% to 5% by 2030. Arkham Intelligence places EF's ETH holdings at approximately $209 million, a nearly six-year low.

Recent articles

Pharos Network Partners with Licensed Payments Provider KUN to Tokenize Supply Chain Credit and Enable Real Cross-Border Payments On-Chain

Pharos Network Partners with Licensed Payments Provider KUN to Tokenize Supply Chain Credit and Enable Real Cross-Border Payments On-Chain

Pharos Network, a Layer-1 blockchain purpose-built for real-world financial applications, today announced a strategic partnership with KUN, a licensed enterprise digital payments specialist operating across Asia, Africa, Latin America, and the Middle East.
Monolythium Introduces Public Testnet After Full Protocol Reset

Monolythium Introduces Public Testnet After Full Protocol Reset

Monolythium Foundation today introduced the public testnet for Monolythium, a rebuilt Layer 1 blockchain designed as settlement infrastructure for autonomous agents, post-quantum accounts, native markets, and operator-cluster infrastructure.
Ethlabs Will Overlap with the Ethereum Foundation and Draw Its 'Densest Talent,' Funders Say

Ethlabs Will Overlap with the Ethereum Foundation and Draw Its 'Densest Talent,' Funders Say

Sharplink, Bitmine and Joe Lubin are backing Ethlabs as the Ethereum Foundation cuts its budget 40%, but no one will say how much money is behind the new lab
Ethereum Foundation Cuts 20% of Staff in Sweeping Reorganization

Ethereum Foundation Cuts 20% of Staff in Sweeping Reorganization

The Ethereum Foundation has eliminated 54 positions, about 20% of its workforce, as part of a restructuring tied to its updated spending mandate. Vitalik Buterin announced a 40% annual budget cut targeting a reduction in treasury spend from 15% to 5% by 2030. Arkham Intelligence places EF's ETH holdings at approximately $209 million, a nearly six-year low.
Ethereum Foundation Cuts Budget 40% in Sweeping Restructuring

Ethereum Foundation Cuts Budget 40% in Sweeping Restructuring

The nonprofit is eliminating 54 roles as Vitalik Buterin warns that the leaner organization will involve “grand sacrifices,” including changes to client development, Devcon and institutional work.
MoneyGram Becomes Solana Validator, Joins Institutional Developer Platform

MoneyGram Becomes Solana Validator, Joins Institutional Developer Platform

MoneyGram has launched an active validator node on Solana and joined its institutional developer platform, making Solana the payments giant’s third blockchain validator commitment alongside Tempo and Midnight. The move deepens a blockchain infrastructure push that began with Stellar remittances in 2021.
Aztec Reaches L2Beat Stage 2 After Governance Revokes Rollup Contract Ownership

Aztec Reaches L2Beat Stage 2 After Governance Revokes Rollup Contract Ownership

On-chain governance stripped admin control over Aztec's rollup contract, freezing the code in place and clearing the technical bar for L2Beat's top decentralization tier.
Ethereum Foundation’s Interim ED Lays Out Execution Plan: MEV Elimination, Default Privacy, ETH Pay

Ethereum Foundation’s Interim ED Lays Out Execution Plan: MEV Elimination, Default Privacy, ETH Pay

Bastian Aue, the Ethereum Foundation’s interim executive director, outlined how EF will implement its new mandate: treating MEV extraction as a structural threat, making privacy a protocol default, and moving EF compensation into ETH and Ethereum-native stablecoins.
Tom Lee Says 'Zero Chance' of Ethereum Funding Crisis as Insider Warns of $30M Gap

Tom Lee Says 'Zero Chance' of Ethereum Funding Crisis as Insider Warns of $30M Gap

The chairman of BitMine, the largest corporate holder of Ether, brushed off a former Ethereum Foundation contributor's warning that core development could run short of money within nine months.
Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily

Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily

Andre Cronje, Michael Kong and David Richardson are stepping down from the board of the Layer 1 blockchain, whose token has fallen about 97% from its peak, as Matt Visser takes over as CEO