Core Summary According to CoinDesk, the Etherealize founder says Wall Street is moving past crypto pilots and deeper into Ethereum. This trend indicates growing institutional confidence in the Ethereum ecosystem, shifting from experimental projects to substantive deployment. Editor: GoodInfo Global News Team
[Brief] Ethereum Foundation Cuts and Departures Not a Crisis, Founder Joe Lubin Says According to CoinDesk, Consensys founder Joe Lubin addressed market concerns over recent Ethereum Foundation layoffs and personnel changes. Lubin stated that these changes are not a crisis but a natural evolution of the foundation’s role. He argued that the Ethereum Foundation should narrow its scope and focus more on stewarding the network’s core technology and values rather than expanding its operational footprint. The comments aim to reassure the market about the stability of the Ethereum ecosystem. ...
Core Summary On June 3, 2026, the cryptocurrency market experienced a sharp sell-off, with Bitcoin plunging below the $66,000 mark. Ethereum, Solana, and Dogecoin all dropped more than 9% in a single day. According to CoinDesk data, over $1.6 billion in bullish positions were liquidated in 24 hours, marking the largest single liquidation event of 2026. Details Bitcoin fell rapidly from near $71,000 to below $66,000 in just a few hours, a drop of over 7%. Ethereum fell in tandem to $1,826, Solana to $72.73, while BNB and Dogecoin dropped 8.6% and 9.2% respectively. ...
The Ethereum Foundation is experiencing a new wave of senior departures tied to an internal organizational transition. Several key members have left, raising community concerns about Ethereum’s future direction.