Vitalik Buterin · Ethereum · Decrypt
Hsiao-Wei Wang, a co-director at the Ethereum Foundation, is stepping away from her post effective immediately
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“During my break, Bastian guided the transition with care and thoughtfulness, and I appreciate the work he and many others have put into that process,” Wang said.
Key facts
- ETH, the foundation’s key asset, is down around 1.4% in the last 24 hours, recently changing hands at $1,708
- Feist amplified those concerns shortly before Buterin’s mandate in May, suggesting that a new organization needed to be created with at least $1 billion in ETH funding to “save Ethereum
- Hsiao-Wei Wang, a co-director at the Ethereum Foundation, is stepping away from her post effective immediately, according to a post on social media, marking the latest high-profile departure
- Tension and uncertainty have surrounded the organization for years, with Buterin noting the Foundation had been making “large changes” stemming back to early 2025, seeking to better its ties
Summary
Earlier this year, Ethereum co-founder Vitalik Buterin signaled that the Foundation would become leaner and more focused. Hsiao-Wei Wang, a co-director at the Ethereum Foundation, is stepping away from her post effective immediately, according to a post on social media, marking the latest high-profile departure of Ethereum leadership. Wang’s announcement follows her sabbatical and the February departure of her fellow co-director, Tomasz Stańczak. Wang’s exit comes one month after Ethereum founder Vitalik Buterin signaled that the Foundation would be transitioning into a “smaller ship,” creating a leaner team with a more narrow, dedicated focus around censorship resistance, privacy, and security.