CoinsAQ summary · neutral
Ethereum Foundation cuts 20% of staff as ETH sinks 44% YTD despite record usage
What happened
The Ethereum Foundation cut 54 jobs and narrowed its mandate as record user activity collided with falling fees and a 44% decline in ETH. The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even.
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