Margaux Nijkerk

The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.

In this week's edition of The Protocol Newsletter, we're unpacking the timeline of all the changes at the Ethereum Foundation this year.

Pollak said that Jordan Fish, also known on X as 'Cobie,' will lead the Base app team.

In an interview with CoinDesk, MoneyGram CEO Anthony Soohoo said that their blockchain strategy has evolved from early experimentation into a broader effort to modernize the company's global payments infrastructure.

EthSystems, a startup spun out of the Ethereum Foundation earlier this month , is betting that privacy, not scalability, is the biggest obstacle preventing institutions from moving financial activity onto public blockchains.

pcaversaccio (known as "pc"), is a prominent security researcher in the Ethereum ecosystem. His addition brings the foundation's board to four members.

Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.

Few periods in Ethereum's 11-year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the past year has.

Michael Coates, the foundation's new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.

An industry-wide reckoning is weeding out unsustainable startups, leaving behind only the protocols with real cash flow and actual users.