The Ethereum Foundation announced a 40% budget cut and laid off about 20% of its workforce shortly after the launch of EthLabs, a new Ethereum research organization backed by major ecosystem stakeholders. While some see these cuts as a sign of financial stress and challenges for Ethereum, others view them as part of the network's maturation and decentralization, with research and development spreading beyond the foundation. Industry leaders, including competitors, suggest the leaner foundation could be more focused and agile, while EthLabs is expected to drive future innovation and institutional adoption. This marks a shift towards a more distributed and resilient Ethereum ecosystem.
Standard Chartered forecasts the AAVE token, linked to the largest decentralized lending protocol, to reach $3,500 by 2030, implying a roughly 50-fold increase from current prices. This bullish outlook is part of a broader prediction including Bitcoi...
Ethereum is trading around $1,600, about 21% below its 30-day high, reflecting ongoing market caution. Two large whale wallets recently withdrew nearly $59 million in ETH from Kraken and Bitgo, hinting at possible institutional accumulation. Meanwhil...
Since its peak in October 2025, the cryptocurrency market has lost over $2.2 trillion in value, dropping from $4.27 trillion to $2.02 trillion by June 2026. Bitcoin fell 53% from its all-time high of $126,200 to $59,000, while Ethereum declined 67%. ...
The Ethereum Foundation announced a nearly 40% budget cut and laid off about 20% of its staff, coinciding with the launch of EthLabs, a new Ethereum-focused research group supported by key ecosystem players. This move has sparked debate about Ethereu...
Most major cryptocurrencies experienced price declines, including Bitcoin dropping 2.76% to $60,733 and Ethereum falling 3.24% to $1,608.71. Other notable coins like Binance Coin and XRP also saw decreases, reflecting a broad market pullback. A few t...
