Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish (opens original article in a new tab)

Ethereum Foundation faces upheaval with budget cuts and layoffs, while EthLabs, a new research organization, emerges as a sign of the ecosystem's shift toward decentralization.

• Ethereum Foundation cuts budget by 40% and lays off 20% of staff
• EthLabs, a new Ethereum research organization, is launched with support from major stakeholders
• Some industry figures view the changes as a positive step toward a more decentralized and mature Ethereum ecosystem