Substrate
finance

Ethereum Foundation Reports More Staff Departures During Reorganization

Two more contributors announced their exits from the Ethereum Foundation on Monday. The departures follow a series of high-profile exits and coincide with an internal transition at the nonprofit.

CoinDesk
1 source·May 18, 5:34 PM(11 days ago)·1m read
|
Ethereum Foundation Reports More Staff Departures During ReorganizationCoinDesk
Audio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.

The Ethereum Foundation announced the departures of two contributors, Carl Beek and Julian Ma, on Monday. Their exits extend a wave of staff turnover that has included Barnabé Monnot, Tim Beiko, Trent Van Epps and Alex Stokes. The foundation is undergoing an internal transition following the publication of a new mandate earlier this year.

The document states that the organization does not view itself as Ethereum's owner or central authority but as one of several stewards supporting the network.

Ma shared their exits on Monday.

Their departures follow earlier announcements from Barnabé Monnot and Tim Beiko, who were involved in Ethereum's core protocol coordination. Trent Van Epps, who helped organize Protocol Guild, left earlier this year. Alex Stokes, former co-lead of the Protocol initiative, announced a sabbatical earlier this month.

Stańczak joined the foundation in 2025 as co-executive director and stepped down earlier this year. Hsiao-Wei Wang was appointed alongside him during a restructuring effort. The foundation did not immediately respond to a request for comment. A widely shared post on X from the account @DefiIgnas questioned the reasons for the recent exits.

Key Facts

Carl Beek and Julian Ma
announced exits on May 18, 2026
New mandate
published earlier this year to clarify foundation role
Tomasz Stańczak
stepped down as co-executive director earlier this year

Story Timeline

4 events
  1. Earlier this year

    Ethereum Foundation published new mandate defining its role.

    1 sourceCoinDesk
  2. Earlier this year

    Tomasz Stańczak stepped down as co-executive director.

    1 sourceCoinDesk
  3. Earlier this month

    Alex Stokes announced sabbatical from Protocol initiative.

    1 sourceCoinDesk
  4. May 18, 2026

    Carl Beek and Julian Ma announced their departures.

    1 sourceCoinDesk

Potential Impact

  1. 01

    Community discussion may increase regarding the foundation's governance and future direction.

Transparency Panel

Sources cross-referenced1
Confidence score75%
Synthesized bySubstrate AI
Word count194 words
PublishedMay 18, 2026, 5:34 PM
Bias signals removed2 across 1 outlet
Signal Breakdown
Amplifying 1Loaded 1

Related Stories

SEC Chair Paul Atkins Says Congress Will Pass Crypto Legislationibtimes.com
finance30 min agoDeveloping

SEC Chair Paul Atkins Says Congress Will Pass Crypto Legislation

SEC Chair Paul Atkins stated he is confident Congress will pass crypto market structure legislation. He added that President Trump will sign the bill into law.

WA
BI
2 sources
Iran Says Strait of Hormuz Management Belongs to Iran and Omanasiaone.com
finance30 min agoDeveloping

Iran Says Strait of Hormuz Management Belongs to Iran and Oman

Iran's Foreign Ministry spokesperson stated that control of the Strait of Hormuz must be decided solely by Iran and Oman. The spokesperson also said no agreement has been reached with the United States and that current focus remains on ending the war.

DE
LI
ZE
IN
4 sources
Fed Official Highlights Regulatory Barriers to AI Productivity Gainscnbc.com
finance30 min agoDeveloping

Fed Official Highlights Regulatory Barriers to AI Productivity Gains

A Federal Reserve official stated that productivity growth remains key to economic expansion and that regulatory hurdles are the main obstacle to sustained gains from artificial intelligence.

FI
FI
2 sources