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Ethereum Foundation sees second co-executive director resign in four months amid leadership changes

Market News
18 Jun 2026
Crypto Briefing
View Source
Neutral
Ethereum Foundation sees second co-executive director resign in four months amid leadership changes

Hsiao-Wei Wang resigned as co-executive director of the Ethereum Foundation in early June 2026, marking the second such departure in four months after Tomasz Stanczak left in February. Wang was key in major Ethereum upgrades like The Merge, which drastically reduced energy use. Despite the leadership turnover, the market impact on Ethereum's price is expected to be minimal. Wang plans to focus on peer-to-peer networking, while the foundation continues its mission supporting Ethereum's development.

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Netflix has $27B available to repurchase about 8% of its shares, signaling strong buyback plans.

Netflix has $27B available to repurchase about 8% of its shares, signaling strong buyback plans.

Netflix currently holds $27 billion in cash and resources earmarked for buying back its own stock, which represents roughly 8% of the company's total shares. This significant buyback capacity indicates Netflix's confidence in its valuation and a stra...

Company Fundamentals
Neutral
2 hours ago
Prologis rated hold with $135 target due to high valuation despite strong logistics REIT performance

Prologis rated hold with $135 target due to high valuation despite strong logistics REIT performance

Prologis, a leading global logistics REIT, shows strong revenue and core FFO growth supported by steady rental income and expanding data center segments. However, its current valuation at a premium 26x AFFO multiple and a modest 3.2% dividend yield l...

Analyst Insights
Neutral
4 hours ago
Monero price jumps 11.19% amid EU trading ban looming in 2027

Monero price jumps 11.19% amid EU trading ban looming in 2027

Monero's price rose 11.19% to $575.12, driven by a sector rotation favoring privacy coins like Zcash and Dash. However, EU anti-money-laundering rules effective July 10, 2027, will ban regulated exchanges from trading or holding Monero due to its ano...

Market News
Bullish
4 hours ago
XRP demand may rise as XRPL activity grows with stablecoins, tokenized assets, and DeFi expansion.

XRP demand may rise as XRPL activity grows with stablecoins, tokenized assets, and DeFi expansion.

21shares highlights growing activity on the XRP Ledger (XRPL) driven by stablecoins like Ripple USD (RLUSD), tokenized assets, and decentralized finance (DeFi). This increased usage could boost demand for XRP through transaction fees, reserves, and i...

Protocol Fundamentals
Bullish
4 hours ago
Cardano jumps 10.8% amid treasury vote with only 2.14% approval so far, vote ends Oct 11

Cardano jumps 10.8% amid treasury vote with only 2.14% approval so far, vote ends Oct 11

Cardano's price rose 10.8% to $0.2245 on September 18, 2026, coinciding with a broad market rally. The increase is partly linked to an ongoing treasury vote proposing to withdraw nearly 11.8 million ADA for development work by OpenZeppelin, but the p...

Protocol Fundamentals
Bullish
4 hours ago
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