Ethereum Foundation Confirms Layoffs and Strategic Restructuring to Improve Scalability
The Ethereum Foundation has officially confirmed a wave of layoffs as part of a broader strategic restructuring initiative aimed at enhancing the network’s scalability and user experience. Focused Reorganization Efforts In a blog post published Monday, the Foundation revealed it has rebranded its Protocol Research and Development (PR&D) division under a streamlined name: simply “Protocol.” […]
Ethereum Foundation Invests $32.65M to Boost Layer 2 Efficiency and Developer Education
The Ethereum Foundation has announced a major funding initiative, allocating $32.65 million in grants through its Ecosystem Support Program (EFESP) during Q1 2025. The investment aims to advance Layer 2 scalability, enhance developer education, and strengthen the overall Ethereum ecosystem. Strategic Focus: Layer 2 and Education at the Forefront In a detailed update on May […]
