Ethereum Foundation co-director Tomasz Stańczak will resign at the end of the month. Illustration: Gwen P; Source: Shutterstock, NethermindEthereum Foundation co-director Tomasz Stańczak will resign at the end of the month. Illustration: Gwen P; Source: Shutterstock, Nethermind

Ethereum Foundation co-director resigns to focus on AI

2026/02/14 00:20
3 min read

Tomasz Stańczak, a co-director of the Ethereum Foundation, will resign at the end of the month, he said on Friday.

He will be replaced by Bastian Aue, a member of the Foundation’s leadership team. Hsiao-Wei Wang will remain as the Foundation’s other executive director.

Stańczak’s resignation comes less than a year after he and Wang were appointed as co-executive directors, replacing the organisation’s longtime, embattled leader, Aya Miyaguchi. Miyaguchi remained as a member of the Foundation’s four-person board alongside Ethereum co-founder and figurehead Vitalik Buterin.

In a blog post explaining his departure, Stańczak said he would continue working on Ethereum as a “hands-on product builder” with a focus on artificial intelligence.

“I know now that agentic systems and AI-assisted discovery are reshaping the world,” he wrote. “I am well aware of the impermanence or even uselessness of some of the agentic ideas, but it is the playful experimentation that defined much of the early Ethereum innovation.”

Stańczak also suggested his departure was prompted in part by his shrinking role at the Foundation.

“The leaders at the EF grew more confident about making decisions by themselves and owning more,” he wrote.

“While my ability to execute independently at the EF diminishes over time, my time at the organization in 2026 would feel more and more like just staying around to pass the baton.”

Stańczak said the Foundation would soon publish several major proposals, including the details of a “lean” Ethereum and proposed roadmaps for the blockchain’s ongoing development and for “DeFi coordination.”

Stańczak and Wang were appointed to replace Miyaguchi in March 2025, after Miyaguchi had become a target for Ethereum investors frustrated with the cryptocurrency’s middling performance in the wake of Donald Trump’s reelection in the US.

Among other things, critics had assailed the Foundation for not taking a more muscular approach to Ethereum development.

Miyaguchi and Buterin, concerned the Foundation would become the de facto leader of an ecosystem that was meant to be decentralised, portrayed the Foundation’s role as that of coordinating Ethereum’s disparate developers, rather than leading its development.

Under Stańczak and Wang, the Foundation laid off 19 employees, turned its focus from layer 2 blockchains to scaling Ethereum itself, began promoting the blockchain in a series of videos released on social media, and pushed the pace of Ethereum upgrades.

They also launched initiatives focused on privacy, the threat of quantum computers, and artificial intelligence.

“The ecosystem called out,” Stańczak told DL News in an exclusive interview last year.

“You’re operating too disorganised, you need to operate a bit more centralised and way more accelerated to be there for this critical period.”

Aleks Gilbert is DL News’ New York-based DeFi correspondent. You can contact him at aleks@dlnews.com.

Market Opportunity
PoP Planet Logo
PoP Planet Price(P)
$0,00978
$0,00978$0,00978
-0,40%
USD
PoP Planet (P) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Solid growth outlook supports Ringgit – Standard Chartered

Solid growth outlook supports Ringgit – Standard Chartered

The post Solid growth outlook supports Ringgit – Standard Chartered appeared on BitcoinEthereumNews.com. Standard Chartered’s Edward Lee and Jonathan Koh highlight
Share
BitcoinEthereumNews2026/02/14 03:14
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
CME to launch Solana and XRP futures options on October 13, 2025

CME to launch Solana and XRP futures options on October 13, 2025

The post CME to launch Solana and XRP futures options on October 13, 2025 appeared on BitcoinEthereumNews.com. Key Takeaways CME Group will launch futures options for Solana (SOL) and XRP. The launch date is set for October 13, 2025. CME Group will launch futures options for Solana and XRP on October 13, 2025. The Chicago-based derivatives exchange will add the new crypto derivatives products to its existing digital asset offerings. The launch will provide institutional and retail traders with additional tools to hedge positions and speculate on price movements for both digital assets. The futures options will be based on CME’s existing Solana and XRP futures contracts. Trading will be conducted through CME Globex, the exchange’s electronic trading platform. Source: https://cryptobriefing.com/cme-solana-xrp-futures-options-launch-2025/
Share
BitcoinEthereumNews2025/09/18 01:07