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Business / General

Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset

Source: coinDesk June 23, 2026 · 08:00
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.
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