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Story Rebrands as DATA Foundation in Pivot to AI Training Data
Blockchains

Story Rebrands as DATA Foundation in Pivot to AI Training Data

The intellectual-property blockchain that raised $140 million led by a16z crypto is migrating its $IP token to $DATA one-to-one and integrating data marketplace Kled, registering 1.1 billion user records on the network.
Ethlabs Will Overlap with the Ethereum Foundation and Draw Its 'Densest Talent,' Funders Say
Blockchains

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
Blockchains

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
Blockchains

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
Blockchains

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
Blockchains

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
Blockchains

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
Blockchains

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 Board Members Including Former CTO Andre Cronje Resign as New CEO Takes Over
Blockchains

Sonic Labs Board Members Including Former CTO Andre Cronje Resign as New CEO Takes Over

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
Fable's Shutdown Hands Crypto Its Case for Decentralized AI
Blockchains

Fable's Shutdown Hands Crypto Its Case for Decentralized AI

Anthropic's most powerful public model came with guardrails users called too broad — then the US government switched it off entirely. Crypto's builders say that is exactly why AI should run on networks no company or state controls, and traders have started to bid up the tokens betting on it.