The Ethereum Foundation has launched a "Trillion Dollar Security Initiative" to enhance the security and resilience of the Ethereum blockchain. This program aims to protect the network, which supports a wide range of decentralized finance applications, NFTs, and smart contracts. The initiative is designed to bolster Ethereum’s security infrastructure by ...
The Ethereum Foundation has announced a significant overhaul of its leadership to clarify roles and strengthen its focus on management and strategic oversight. The changes are designed to separate day-to-day operations from long-term vision-setting. “We remain dedicated to serving as a steward of the Ethereum ecosystem, supporting its growth while ...
Ethereum’s leadership appears to be rethinking its strategy following growing criticism from investors and developers, with signs pointing toward a more founder-centric approach and capital formation. Haseeb Qureshi, managing partner at Dragonfly Capital, highlighted the Ethereum Foundation's renewed urgency to address the network’s momentum concerns. In an X post, Qureshi ...
Ethereum is launching a new testnet called Hoodi on March 17 to finalize testing for the upcoming Prague-Electra (Pectra) upgrade. According to Ethereum developer Tim Beiko, the Pectra mainnet deployment could occur 30+ days after successful Hoodi testing, potentially in late April. Ethereum developers have been conducting tests on existing ...
A recent 30,098 ETH deposit valued at approximately $56 million into the decentralized finance (DeFi) protocol Sky has sparked speculation about the Ethereum Foundation’s (EF) involvement. However, Ethereum developers and industry figures have rejected the claims, asserting that the wallet behind the transaction does not belong to the foundation. The ...
The Ethereum Foundation (EF) has contributed $1.25 million to assist Tornado Cash developer Alexey Pertsev in his legal battle as he prepares to appeal his money laundering conviction in the Netherlands. Announcing the donation on February 26 via X, the Foundation emphasized the importance of privacy and defended the right ...
Ethereum’s highly anticipated Pectra upgrade is set to go live on the Holesky testnet today at 9:55 PM UTC, marking a crucial step in the blockchain’s ongoing development. The Ethereum Foundation announced on February 24 that the upgrade will activate at epoch 115,968 on Holesky, followed by a scheduled deployment ...
Ethereum co-founder Vitalik Buterin has expressed concerns over what he describes as a “moral reversal” within the cryptocurrency industry, particularly in response to criticism of Ethereum’s stance on blockchain-based gambling. During a February 20 Ask Me Anything (AMA) session, Buterin addressed frustrations with the industry over the past year. He ...
