Jun 23, 2026 5:53 PM
The Ethereum Foundation is gutting its workforce by 20% and slashing its budget by 40% as top executives flee the project. While Vitalik Buterin claims this makes the foundation "leaner," mysterious traders are already betting $83 million on Ethereum’s failure. With ETH down 40% this year and its leadership core dissolving, is the world's second-largest blockchain finally losing its grip? Or is this just a necessary evolution? What’s your take?
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