Hsiao WEI Wang

The Ethereum Foundation is cutting its budget by roughly 40% as it shifts to a leaner endowment-style structure. Vitalik Buterin says the group aims to reduce annual spending from about 15% of treasury assets to around 5% by 2030.

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.