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The Ethereum Foundation will slash its budget by roughly 40% this year as it transitions to a leaner, endowment-style operating model, Ethereum co-founder Vitalik Buterin announced Tuesday. The dramatic reduction marks a significant shift in how the organization manages its treasury, with spending targets dropping from approximately 15% of assets annually to around 5% per…
The Ethereum Foundation has completed an over-the-counter sale of 5,000 Ether to BitMine Immersion Technologies, a transaction valued at approximately $10.2 million. The sale represents the second time the organization has sold ETH directly to a corporate treasury buyer through an OTC arrangement. According to a Saturday X post from the Ethereum Foundation, the proceeds…
Ethereum Foundation Positions Network as Trust Layer for AI, Says Davide Crapis The Ethereum Foundation is charting a new course for how blockchain technology integrates with artificial intelligence, positioning the network as a coordination and verification layer rather than a computational competitor to AI systems. Davide Crapis, the AI lead at the Ethereum Foundation, outlined…
The Ethereum Foundation has elevated post-quantum security to a top strategic priority for the network, forming a dedicated Post Quantum team to transform years of background research into a public engineering initiative. Thomas Coratger will lead the new team, supported by a developer known as Emile, who played a key role in developing leanVM, according…
