Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns

Tech Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns Wang's departure follows the resignation of fellow co-executive director Tomasz Stańczak and marks the latest in a string of high-profile exits at the EF. By Margaux Nijkerk | Edited by Jamie Crawley Jun 18, 2026, 3:41 p.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on (Unsplash) Summary Show Ethereum Foundation co-executive director Hsiao-Wei Wang has stepped down from her role after returning from a sabbatical, saying the break gave her time to reflect on her future priorities. Wang's departure follows the resignation of fellow co-executive director Tomasz Stańczak and marks the latest in a string of high-profile exits at the EF, with eight senior figures leaving over the past five months amid ongoing scrutiny of the organization's governance, strategy and leadership. The Ethereum Foundation's (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a post shared on X on Thursday. Wang reached the decision after a recent sabbatical, which gave her time to reflect on her priorities and future plans. "I've come to feel that this is the right moment for me to step back," she wrote. Her departure follows the resignation of fellow co-executive director Tomasz Stańczak, who announced earlier this year that he would leave the role after helping steer a leadership transition at the Switzerland-based nonprofit that supports Ethereum's ecosystem development. During Wang's sabbatical, Ethereum Foundation board member Bastian Aue helped oversee the leadership transition and has taken on a larger role in guiding the organization in the interim following the departures of both co-executive directors. Wang's exit adds to a period of upheaval at the Ethereum Foundation. At least eight senior figures have departed the organization over the past five months, fueling community scrutiny of the EF's priorities, governance, and strategic direction, as Ethereum faces mounting competition from rival blockchains. Wang reflected on Ethereum's broader mission and the contributors who have helped build the network in her statement. "Ethereum has always been bigger than any one role, any one organization, or any one moment," she said. Read more: Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war Ethereum News Latest Crypto News 1 Crypto for Advisors: Trading the bitcoin cycle 44 minutes ago 2 Algorand unveils roadmap to achieve quantum resistance by 2028 1 hour ago 3 CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines 2 hours ago 4 Alchemy's AI-driven identity and payment service gains access to Visa network 2 hours ago 5 Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal 3 hours ago 6 The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks 4 hours ago 7 Bitcoin's nemesis, the Dollar Index, is on the verge of a major breakout 4 hours ago 8 Aster popped over 10% on radical 'buyback and burn' upgrade. But gains were short-lived 4 hours ago 9 Crypto market positioning is 'defensive and thin' after Fed, Marex  analysts say 4 hours ago 10 Malta's financial regulator explores bringing parts of DeFi under MiCA's orbit 5 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Tech Algorand unveils roadmap to achieve quantum resistance by 2028 Live markets: price action turns panicky in Saylor's STRC as bitcoin drops below $64,000 Bitcoin layer-2s face a bear-market reality check