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Ethereum Foundation layoffs: 20% layoffs, major reorganization cuts 54 jobs

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The Ethereum Foundation (EF), the organization supporting the Ethereum blockchain, is cutting about 20% of its workforce and laying off 54 employees. Position According to a blog post from the Ethereum Foundation, this is part of a major reorganization. The layoffs, announced Tuesday, are part of a months-long internal reorganization related to the foundation’s updated goals and financial policies.

The Ethereum Foundation laid off 20% of its workforce, eliminating 54 jobs. (Pexel/Representative image) (Pexel)
The Ethereum Foundation laid off 20% of its workforce, eliminating 54 jobs. (Pexel/Representative image) (Pexel)

this Ethereum Foundation said the layoffs will make the organization “leaner and more focused” and help it focus on Ethereum’s future growth. The reorganization comes as the Ethereum Foundation is undergoing leadership changes and facing growing criticism of the way the organization is run.

Ethereum leadership changes

Earlier this month, co-executive director Wang Xiaowei resigned. According to CoinDesk, Wang’s departure follows the departure of co-executive director Tomasz Stańczak from the organization. Following these exits, board member Bastian Aue has taken on additional responsibilities and is currently helping oversee the foundation’s transition and day-to-day operations.

Also read: Clear layoffs: Electric car maker cuts 18% of staff, eliminates COO Marc Winterhoff’s position

Over the past six months, approximately nine senior leaders have left or moved out of their positions at the Ethereum Foundation. The spate of leadership departures has raised questions about the foundation’s governance structure and overall performance. The scrutiny comes as Ethereum faces increased competition from other blockchain networks trying to attract developers, users and investors. While the Ethereum Foundation is laying off employees, another Ethereum-related initiative is expanding its activities.

ETHLabs expansion plan

According to CoinDesk, on Monday, BitMine Immersion Technologies and SharpLink Gaming, two major public companies holding Ethereum, announced their support for a new project called ETHLabs.

Ethereum Co-founder Joseph Lubin also supports ETHLabs, a new non-profit research and development initiative aimed at accelerating Ethereum’s technological progress and encouraging more institutions to adopt the blockchain.

As part of the reorganization, the Ethereum Foundation has reorganized its operations into five main working clusters. One of these new clusters will focus exclusively on institutions, including corporate partnerships, financial infrastructure development and policy coordination.

this Base CoinDesk said it believes this new structure will help better support Ethereum’s long-term roadmap and ecosystem development. The layoffs mark one of the Ethereum Foundation’s biggest organizational changes in recent years and underscore Ethereum’s efforts to streamline operations while continuing to compete in the rapidly evolving blockchain industry.

Amazon Prime Day 2026 Live: Limited-time deals on tech, beauty, and home products

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Amazon Prime Day 2026 has started now and will last until June 26th. This promotion is only available to Amazon Prime members. Prime Day offers discounts across multiple categories, including tech, beauty products, homewares, kitchen products, and gift cards.

Amazon Prime Day 2026
Amazon Prime Day 2026

The lighting offer is the highlight, offering a time-limited product catalog and the best discounts. It went viral and the product was sold out within hours. On this day, the catalog undergoes several changes, with discounted products being added to or removed from the deal list, depending on sales volume. NBC News recommends shoppers add products to their carts and complete checkout quickly, as flash sales can sell out quickly.

The Best Prime Day Tech Deals

  • Blink Outdoor 4 security cameras are 70% off.
  • Sony SRS-XB100 Wireless Bluetooth Speaker is priced at about 49% off.
  • The Amazon eero 6+ mesh Wi-Fi system is 57% off.
  • Get 30% off the Yoto Mini audio player for kids.
  • The XGIMI Elfin Flip Plus portable projector is now available at a 20% discount.
  • Ring pan/tilt indoor camera on sale at 50% off.

Also read: Survey shows nearly half of U.S. workers plan to look for new job in next six months

Best home and kitchen deals

  • Save 35% on Poppi Prebiotic Sparkling Water Crowd Pleasers 12-pack.
  • 50% off HydroJug sports stainless steel water bottle.
  • Nespresso Vertuo Next coffee and espresso machines are now 40% off.
  • Coway AP-1512HH Mighty Air Purifier is 35% off.
  • The Birdbuddy PRO Solar-powered Smart Bird Feeder is 44% off.
  • 20% off Cutluxe Santoku Knife.
  • 25% off Homfine Large Cool Quilt.
  • 32% off Bedsure Large Dog Bed.
  • Save 32% on Ymiton 34-piece bakeware set.
  • 20% off Dalykate Backpack Laundry Bag.
  • Get 20% off the Ego Power+ 16-inch chainsaw.

Best Beauty Deals

  • Get 43% off Shark FlexFusion Hair Dryer.
  • Color Wow Style on Steroids Texturizing Spray is 40% off.
  • Super gurgling! Unseen sunscreen is 35% off.
  • Drunk Elephant D-Bronzi Sunshine Drops are 50% off.
  • Get 30% off Eva NYC Moisturizing Hair Mask.
  • Summer Fridays Dream Lip Oil is 30% off.
  • Tatcha The Water Cream is now 20% off.
  • Dyson Airwrap id Multi-Styler is 23% off.
  • Get 36% off Cadence Travel Containers six-piece set.
  • 20% off Trilastin Stretch Mark Cream.
  • Get 20% off Ufree beard trimmers.

Best Gift Card Deals

  • Bath & Body Works is offering a $50 gift card for 20% off.
  • 20% off $50 Walgreens gift card.
  • 20% off $50 gift card to Applebee’s.
  • 20% off $50 Popeyes gift card.
  • 20% off $50 Petco gift card.
  • 20% off $50 adidas gift card.

Amazon’s lowest price of the year

Some of Amazon’s best deals will be available during Prime Day, offering the biggest discounts on popular products for a limited time. Once the lightning deal expires, the customer loses them. The flash sale only lasts until June 26th.

Most products are generally of good quality, with reviews indicating four stars is a frequent rating from hundreds of Amazon customers. These discounts are the main draw for shoppers during Prime Day 2026, across nearly every major category including tech, home, beauty and gift cards, but buyers will need to act quickly as flash sales can disappear within hours.

‘It doesn’t taste like genocide juice’: Brooklyn cafe snubs Democratic Rep. Dan Goldman, says ‘we don’t know you and will turn you away immediately’

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'It doesn't taste like genocide juice': Brooklyn cafe snubs Democratic Rep. Dan Goldman, says 'we don't know you and will turn you away immediately'
Dan Goldman, a pro-Israel Democratic congressman, was at Brooklyn’s Poetica Cafe, which later snubbed him and said he wasn’t welcome there.

Rep. Dan Goldman, D-N.Y., was snubbed after arriving at a Brooklyn cafe on Sunday after he brought his 7-year-old daughter to the house. It’s the last day for voters to vote early in the Democratic primary, where he faces a challenge from Brad Lander. A few hours after he visited the cafe, Poetica made a post on Instagram telling him bluntly that he wasn’t welcome at the cafe. The cafe staff didn’t recognize him or they would have turned him away immediately.“We saw you come to our store for coffee today,” read the caption under a photo of Goldman looking at his phone at the store’s cash register, which appeared to be taken from a security camera. “Have you noticed that it doesn’t taste like Genocide Juice? Or is it still hard for you to tell the difference?”“We do not serve racists, fascists, homophobes, genocide promoters or anyone in between. It’s unfortunate that we didn’t recognize you right away or we would have turned you away,” the now-deleted post read.

Goldman said he came to the cafe because his daughter wanted to use the restroom and he bought a cup of coffee in return for the barista's kindness.

Goldman said he came to the cafe because his daughter wanted to use the restroom and he bought a cup of coffee in return for the barista’s kindness.

Goldman, an Israel sympathizer, responded to the hateful post and said he went to the cafe so his daughter could use the bathroom, but bought a coffee to thank one of the employees for allowing her to do so. “I’m sorry to see this article,” he said. “The barista was so nice to me and my 7-year-old daughter – she was allowed to use the bathroom even though we didn’t purchase anything. I made sure to buy a coffee to repay her kindness. I hope you at least make sure she gets the tip she deserves. “Poetica said it refunded Goldman Sachs and that the refund was based on the barista’s advice.

U.S. Department of Justice launches investigation into cafe

Assistant Attorney General for Civil Rights Harmeet Dhillon said the Justice Department has launched an investigation into Poetica Coffee Shop in Brooklyn. Dillon said the department was aware of the “denial of service taunt” directed at Goldman and said federal law prohibits public places, including coffee shops, from discriminating against customers based on race, religion or national origin. Dillon said the so-called denial of service may violate federal anti-discrimination laws and said enforcement action could be taken.

Turning coffee into a touchstone of Jewish identity…

Mark Traeger, CEO of the Jewish Community Relations Council of New York, said the incident requires review under city and state human rights laws. “Turning a cup of coffee into a touchstone of Jewish identity is an affront to the law, to our values, and to every New Yorker who refuses to discriminate,” he wrote in the

Poetica Cafe owner Parviz Mukhamadkulov is known for his anti-Israel social media activities.

Poetica Cafe owner Parviz Mukhamadkulov is known for his anti-Israel social media activities.

Who is Poetica owner Parviz Mukhamadkulov?

Poetica owner Parviz Mukhamadkulov is an Uzbek immigrant known for his anti-Israel posts on social media. “Israel is the Nazi Germany of today,” he wrote in response to a video posted by U.N. Secretary-General Antonio Guterres.

Has Claude fallen? Anthropic says “problem has been identified”

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Claude It’s currently experiencing an outage, or at least it was. Anthropic The latest update on the outage, posted around 10:25 AM ET, stated that “the issue has been identified and a fix is ​​being implemented.” However, aside from an observed dwindling number of reports, that’s the extent of the information currently available. lower detector.

Claude faces downtime, but Anthropic says fixes are on the way. According to Down Detector's observations, reports of this problem are decreasing. (Reuters/Representative)
Claude faces downtime, but Anthropic says fixes are on the way. According to Down Detector’s observations, reports of this problem are decreasing. (Reuters/Representative)

Also read: Dan Goldman: Here’s why a Brooklyn cafe banned a congressman after his visit

AI assistant Claude Down: Here’s what we know about the outage

The popular AI assistant Claude malfunctioned today, prompting Anthropic to announce that it is currently “investigating” the situation.

The issue started around 10:02am ET/3:02pm BST, coinciding with a spike in DownDetector reports. As of this writing, the number of reports continues to increase, reaching over 8,000 in the United States.

Although the number of reports of Down detector problems with Crowder has decreased slightly over the past 30 minutes, it is still quite high. Additionally, Anthropic’s status page (shown above) shows that all of its platforms are affected except Claude for Government.

As a result, Claude’s chat interface, as well as Claude Code, Claude Cowork, and their API are currently experiencing difficulties, resulting in widespread outages affecting a large number of users.

internet reaction

At the same time, some users reported Claude’s problems to X. “When Claude AI went down, I tried to remember how to code manually,” one X user wrote.

Another user said: “Claude is experiencing severe downtime across all platforms right now.”

What is Cloud Artificial Intelligence?

Claude represents a family of proprietary large language models (LLMs), as well as artificial intelligence assistants and various artificial intelligence tools that leverage these models, all developed by Anthropic. The Claude model, especially from the third generation onwards, has been considered the best performing generative AI model on the market.

Anthropic, headed by Claude, was founded in 2021 by former OpenAI employees, including siblings Dario Amodei (CEO) and Daniela Amodei (President), after their former employer launched ChatGPT. A key aspect of the Anthropic Foundation and its ongoing AI strategy is a strong focus on AI safety and explainability, which the co-founders believe they can pursue more effectively outside of OpenAI. Anthropic is a public benefit corporation (PBC), which indicates that it is clearly committed to some altruistic goal.

Italy ahead of polls? Giorgia Meloni considers April 2027 vote amid fears of ‘falling popularity’

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Italy ahead of polls? Giorgia Meloni considers April 2027 vote amid fears of 'falling popularity'
Italian Prime Minister Giorgio Meloni (AP Photo/File)

Italian Prime Minister Giorgio Meloni may have told Donald Trump Don’t worry about her popularity and mind her own business, but she is reportedly considering calling the country’s next general election early because she fears her popularity may decline the longer she waits.ALSO READ | ‘Focused on own popularity’: Italian PM Giorgio Meloni hits back at US President Donald Trump’s ‘pointless’ attacksAccording to Bloomberg, Meloni, Italy’s first female prime minister, has discussed the possibility of holding early elections with President Sergio Mattarella – which could be held as early as April 2027. The president has the constitutional power to dissolve parliament and trigger a new vote.If held as scheduled, Italy’s next general election will be held in December 2027. The last election was held in September 2022 and Meloni came to power.Pressure on her government has reportedly been growing since voters rejected a referendum on justice reform in March. Following this setback, three members of her government resigned.Since then, opinion polls have shown rising support for the far-right National Future party.If Meloni is re-elected until September, she will surpass Silvio Berlusconi to become Italy’s longest-serving prime minister.

Georgia Meloni vs Donald Trump

The escalating spat comes days after Bloomberg reported that Meloni said Trump should worry about his popularity ahead of U.S. midterm elections in November. He claimed the Italian leader “asked” to be photographed with him at the G7 summit in France last week.After Meloni called the claim “a complete fabrication,” Trump reiterated that she was “begging” for a photo and linked it to what he called her “decline in popularity.”The Italian Prime Minister then responded: “President Trump, these ongoing and unprovoked attacks are senseless. As for my popularity, being your friend certainly does not help and does not depend on my relationship with you. My popularity depends on my ability to defend Italy’s national interests, which is what I have always done.”“That’s what I did with the U.S. military bases in Italy as well. Their use is governed by agreements that we have always respected and which cannot be violated as long as I am prime minister. Italy remains a sovereign country. In any case, my popularity has nothing to do with you. I advise you to focus on yours,” she added.Italy is one of several European countries that has refused to allow the United States to use its facilities to strike Iran, drawing Trump’s ire.

Why is a small town in Canada officially recognizing trees as beings with rights? world news

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Why a Canadian town officially recognizes trees as living beings with rights

For centuries, trees were viewed primarily as natural resources, valued for the shade they provided, the carbon they stored, or the wood they produced. One small town in Canada disagrees. In a major move, the town of Great Falls-Windsor, Newfoundland and Labrador, has officially recognized trees as living organisms with rights. Local governments are doing this in an effort to make tree species a growing trend around the world, promoting legal and ethical considerations not only for people and property, but also for the natural systems that sustain life. Supporters of this view argue that it helps communities re-evaluate their attitudes towards the natural environment. Meanwhile, opponents of the move see it as a symbolic step.

How Grand Falls-Windsor became one of the first communities in Canada to recognize tree rights

The plan is the result of a collaboration between local leaders and environmentalists who want to better protect urban forests.Town announces 2024 tree rights’Declaration of the Rights of Trees” and pointed out that trees are living creatures and deserve respect, protection and consideration in municipal decision-making.The statement claims:“Trees are living things and an integral part of the balance and health of ecosystems.”The Declaration sets out several principles. In addition to the principles of the rights of trees to survive, grow, regenerate and function, there is also an understanding of the connections between human communities and the natural environment.As the manifesto claims, the role of trees goes far beyond aesthetics. They purify the air, enrich biodiversity, regulate temperatures, reduce erosion and help mitigate climate change through stored carbon.

Growing scientific evidence shows trees are far more complex than once thought

Tree rights are an example of a more general trend in science.Over the past few decades, scientists have discovered remarkably complex interactions in forests. Trees use underground networks of fungi to exchange nutrients and respond to stress in ways previously thought unimaginable.As an article from “Mycorrhizal networks: mechanisms, ecology and modeling” points out that forests operate through complex ecological interactions between trees, fungi and microorganisms in the ecosystem.Scientists view these underground networks as key links in nutrient exchange chains and ecological stability.Forest ecologist Suzanne Simard, whose work transformed the understanding of forest ecology, writes about how forests become cooperative systems.These findings have influenced policymakers and environmental advocates around the world, encouraging people to stop viewing trees as isolated organisms and instead recognize them as participants in complex living systems.

Why natural rights movement Expanding worldwide

Great Falls-Windsor’s declaration is part of a broader rights-of-nature movement that seeks legal recognition of ecosystems and natural entities.Over the past two decades, rivers, forests and ecosystems in several countries have received varying forms of legal protection. Advocates argue that traditional environmental law often focuses on regulating harm after it occurs, whereas a rights-based framework seeks to establish a proactive duty of care.global alliance for the rights of nature The approach is described as recognizing:“Nature has the right to exist, thrive and develop.”Supporters of the Great Falls-Windsor Declaration stress that the measure is intended to guide future planning and environmental management rather than create direct legal personality for individual trees. Its significance lies in the principle it establishes: trees have value beyond their usefulness to humans.Whether other cities will follow remains uncertain. However, the decision reflects a growing recognition that environmental protection may require more than just protecting resources. It may also involve reconsidering humanity’s place within the living systems on which it depends.For one small town in eastern Canada, that conversation has already begun. By formally recognizing trees as living beings with rights, Windsor Great Falls has taken a step that few communities around the world have attempted, one that could shape how future generations view forests, conservation and the natural world itself.

A British man in his 60s was accused of drugging his wife and conspiring to rape her. He admitted to sex crimes

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A British man in his 60s was accused of drugging his wife and conspiring to rape her. He admitted to sex crimes
British husband admits raping wife.

A British man accused of conspiring to drug and rape his wife has admitted multiple sex offenses but continues to deny several other charges related to the case.The defendant, a man in his sixties from the Stockport area of ​​Greater Manchester, appeared at Manchester Minshull Street Crown Court and admitted raping and sexually assaulting his wife between 2022 and 2025. He also admitted sharing intimate photos and videos of her without her consent during the same period, the BBC reported.The court heard the man allegedly conspired with others to drug and rape his wife. While he admitted responsibility for certain crimes, he pleaded not guilty to multiple other charges he faced.The defendant was seen crying in the dock before the hearing began. Later, he spoke clearly and calmly as he made his request. His name has not been released because his wife, the alleged victim of a sex crime, is entitled to lifelong anonymity under British law. The case also involves 13 other men who have been charged. Twelve of them have pleaded not guilty to the charges against them.The trial will begin on September 1.

US Stock Market: Why did Wall Street futures fall today? Artificial Intelligence concerns trigger global tech stock selloff

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US stocks Futures fell sharply Tuesday, pointing to a weak opening on Wall Street. Nasdaq 100 futures fell 2.5%, S&P 500 futures fell 1.3% and Dow Jones futures fell about 0.6%. The biggest pressure comes from technology stocks. The global sell-off in technology stocks spread from the United States to Asian markets, damaging investor confidence.

U.S. stocks today: The S&P 500, Nasdaq and Dow Jones moved as investors tracked technology stocks. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
U.S. stocks today: The S&P 500, Nasdaq and Dow Jones moved as investors tracked technology stocks. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

Investors are starting to worry about an artificial intelligence-driven stock market rally. As Moneycontrol points out, many traders are now questioning whether huge investments in AI will generate enough profits to justify current stock prices. The weakness came after Wall Street fell the day before. The Nasdaq Composite had fallen 1.3% overnight, while the S&P 500 also ended lower as investors sold off major technology stocks.

Korean market crash

South Korea’s stock market took a major hit. The Kospi index plunged 10% and trading was temporarily halted due to excessive selling pressure. Chipmakers are at the center of the selloff. Shares of SK Hynix and Samsung Electronics plunged more than 12%. Reports about the production of artificial intelligence memory chips have raised concerns among investors. According to Moneycontrol, there are reports that SK Hynix may slow down the expansion of AI memory chip production and focus more on traditional DRAM memory products.

The news raised concerns about future demand for artificial intelligence. Asian technology stocks were hit hard. Asia’s technology index fell as much as 5%. The decline ended a strong rally for Asian technology stocks. Asia’s technology index ended an eight-session winning streak. Artificial intelligence trading has become one of the biggest market themes in 2026. Enthusiasm related to artificial intelligence has helped major global stock markets hit record highs this year.

Micron earnings take center stage

Tuesday’s sell-off raised new doubts about those high valuations. Investors are becoming increasingly wary of paying premiums Artificial intelligence related companies. Market attention now turns to Micron Technology. The company’s quarterly earnings report later this week is expected to provide important clues about demand for artificial intelligence memory chips. Micron Technology’s performance may affect the next move of technology stocks. Investors want the latest information on data center spending and overall AI infrastructure needs.

Also read: Stock Market Today: Why are U.S. stocks lower today? Tech selloff, Iran talks and PCE inflation data weigh on markets

Stock valuation concerns

Concerns about expensive stock valuations are back in the market. According to Moneycontrol, many investors believe that some AI-related stocks may rise too far, too fast. SK Hynix had already experienced a huge rally before the collapse. The stock surged nearly 350% in 2026 before Tuesday’s sharp decline. Signs of excessive speculation are also evident. Margin lending by South Korean retail investors recently hit a record high.

High borrowing levels tend to increase market risk. When investors are eager to sell, heavy use of borrowed funds can make market declines more severe. The sell-off in tech stocks overshadowed positive geopolitical developments. The easing of tensions with Iran has not concerned investors. Oil prices actually moved lower during the market turmoil. Brent crude fell below $77 a barrel.

Global markets weaken

A U.S. policy decision could help reduce worries about the oil market. According to reports, the United States issued a 60-day license allowing Iran to continue selling oil internationally. The move was seen as support for the ongoing US-Iran peace negotiations. The decision helps ease concerns about supply disruptions in global oil markets.

The sell-off in the technology sector is also making waves in European markets, with the Stoxx Europe 600 index falling 0.92% in early trading, dragging other indexes lower and investors seeking a buffer against riskier bets. This was the culmination of broader “risk-off” sentiment and encouraged traders to reduce exposure to growth stocks.

As is the case with most markets; including the S&P 500 and Nasdaq There are concerns that most major AI companies are trading at high valuations with little or no profit on hand. A market collapse in South Korea and subdued sentiment among global chipmakers all contributed to the global sell-off, according to Moneycontrol.

In short, investors are suddenly worried that AI companies may not be profitable enough to justify their huge stock market gains. The concerns sparked a global sell-off in technology stocks and pushed futures sharply lower on Wall Street.