Tuesday, January, 21, 2025

Crypto News

Analysis

Ethereum Foundation Cuts 20% of Staff in Major Organizational Restructuring

The Ethereum Foundation has completed a major organizational restructuring aimed at strengthening its long-term strategy and improving execution across key areas of the Ethereum ecosystem. The changes conclude a months-long review process linked to the foundation’s mandate and treasury management plans. As part of the overhaul, the foundation reduced its workforce by 54 employees, representing roughly 20% of its staff.

Ethlabs Launches to Accelerate Ethereum’s Institutional Adoption and Network Growth

A coalition of Ethereum ecosystem leaders has launched Ethlabs, a new independent nonprofit research and development organization designed to help Ethereum meet the demands of large-scale institutional adoption. The initiative brings together support from Bitmine Immersion Technologies, Sharplink, Ethereum co-founder Joe Lubin, Anchorage, Octant, SNZ, and several other contributors. The launch comes as stablecoins, tokenized real-world assets, investment funds, and

Bitmine Holdings Hit $10.7 Billion as Ethereum Treasury Nears 5% of Total ETH Supply

Bitmine Immersion Technologies has reported total holdings worth $10.7 billion, highlighting the rapid growth of its crypto-focused treasury strategy. The company continues to build its position in digital assets while expanding staking operations and increasing exposure to long-term blockchain opportunities. Bitmine had a total of 5,672,956 Ethereum tokens worth around $1,733 apiece as of June 21, 2026. Bitmine also had

Industry

Solana (SOL)

Share on Social Media
Scroll to Top