Jul 30, 2026
The Ethereum Foundation appointed Pascal Caversaccio (pcaversaccio), co-founder of crypto security response group SEAL 911, to its board on a one-year voluntary term. The appointment follows significant leadership changes at the foundation.
The Ethereum Foundation has published a policy guide for policymakers and institutions, advocating that governments differentiate between decentralized public blockchains and corporate-controlled networks when evaluating platforms for public sector use, emphasizing governance structures as a key criterion.
A new Ethereum-focused nonprofit called Ethereum Institutional has launched with backing from Standard Chartered, Consensys CEO Joseph Lubin, Tom Lee's BitMine, and SharpLink Gaming. The launch comes just nine days after EthLabs debuted, marking a rapid expansion of Ethereum's institutional support infrastructure.
The Ethereum Foundation laid off 54 employees (roughly 20% of staff) and announced a 40% budget reduction as part of a months-long reorganization to become a leaner, endowment-based organization. The cuts follow the recent resignation of co-Executive Director Hsiao-Wei Wang.
Trent VanEpps, former Ethereum Foundation contributor, warned that Ethereum's core development ecosystem could face a funding crisis within 3-9 months. Tom Lee countered there is 'zero chance' of a shortfall, highlighting disagreement over the network's financial sustainability.
ConsenSys CEO Joseph Lubin outlined a potential timeline for Ethereum to become a fully zero-knowledge proof-based protocol within 3 to 5 years, describing it as one of the most significant architectural shifts in blockchain history. Lubin also addressed recent Ethereum Foundation cuts, stating the Foundation's role should be narrower and focused on core technology stewardship.
The Ethereum Foundation has returned to the center of controversy in the crypto community, facing questions about its governance practices and stewardship of the Ethereum blockchain amid growing concerns from token holders about the network's direction despite technical progress.
Ethereum co-founder Vitalik Buterin responded to community criticism by announcing the Ethereum Foundation will become a 'smaller ship' focused on CROPS (core research), sell less ETH, and expand its board to reduce his personal influence. The announcement comes amid an exodus of top researchers from the foundation.
The Ethereum Foundation has lost at least eight to nine senior researchers and core figures in 2026, including Pablo Voorvaart, Carl Beek, and Julian Ma, triggering community concern about an identity crisis for the blockchain.
On April 26, 2026, the Ethereum Foundation deposited 17,035 wstETH into Lido's unstETH contract — just short of its 70,000 ETH staking target and days after its Bitmine sale — sparking community speculation about an impending sell-off. No confirmed sale had occurred at time of reporting.
The Ethereum Foundation sold 10,000 ETH to Bitmine Immersion Technologies via OTC at $2,387/ETH (~$23.87M) on April 24, 2026, to fund operations. The sale, the second to Bitmine in two months, drew community criticism over the Foundation's silence on broader DeFi recovery efforts.
The Ketman Project, funded by an Ethereum Foundation stipend, identified approximately 100 North Korean IT workers who had infiltrated 53 different crypto projects over a six-month investigation period.
Josh Stark, a key Ethereum researcher, is stepping down from the Ethereum Foundation. This marks the most high-profile exit from the organization since its restructuring in Q1 2025, amid ongoing changes including renewed focus on scaling and mainnet development.
The Ethereum Foundation completed its 70,000 ETH staking initiative with a $93 million single-day deposit, reaching $143 million in total staked ETH and ending its years-long practice of selling ETH to fund operations. The program, announced in February 2026, is projected to generate $3.9-$5.4 million annually in yield, replacing selling with earning and closing the loop on one of the community's most persistent grievances against the foundation.
The Ethereum Foundation deployed approximately 20,470 ETH ($42-46 million) to the Beacon Chain across 11 coordinated deposits on Monday, marking one of the largest visible batches in recent months as it accelerates a 70,000 ETH staking initiative.
After the Ethereum community rallied behind Danny Ryan in an on-chain vote representing over $159 million in ETH, Ryan and the Ethereum Foundation mutually parted ways in January 2025 without a leadership arrangement. Rather than returning to the organization he helped build for seven years, including leading The Merge, Ryan co-founded Etherealize in March 2025 alongside former Citadel executive Vivek Raman, focusing on bringing Ethereum to Wall Street.
The Ethereum Foundation faced sustained community criticism throughout 2024 and into early 2025 for regularly selling ETH to cover its approximately $100 million in annual operating expenses, averaging a sale every 11 days in 2024. Each transaction sparked accusations of market manipulation and misalignment with Ethereum's values, fueling broader calls for governance reform and serving as a key catalyst for the leadership crisis that followed.