The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization's ongoing turmoil. The Ethereum Foundation will cut its budget by roughly 40% this year as it transitions to a leaner, endowment-style model, with Vitalik Buterin saying the organization aims…
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