Governance

Trent Van Epps says Ethereum’s shift toward decentralization is entering a critical phase as the Foundation reduces its central role. He argues the network needs new institutions to fund public goods and core development.

YZi Labs has entered a cooperation agreement with BNB treasury company CEA Industries after pushing for leadership and governance changes. The deal installs interim leadership and new directors while the firm searches for a permanent CEO.

The Ethereum Foundation is eliminating 54 positions, or about 20% of its workforce, after months of restructuring tied to a new mandate and treasury strategy. The move follows senior leadership departures and comes as ETH-backed initiatives push Ethereum development in new directions.

Hsiao-Wei Wang has stepped down from her co-executive director role at the Ethereum Foundation, adding to a string of senior departures that has put the organization back under scrutiny. The latest exit has split the community between critics of foundation management and supporters of broader decentralization.

Ethereum Foundation co-executive director Hsiao-Wei Wang has resigned after returning from sabbatical and reassessing her priorities. Her exit follows Tomasz Stańczak’s departure and deepens concerns over the foundation’s leadership shake-up.