【(Ethereum Weekly News) Announces It Will Cease Operations】Jinse Finance reports that Evan Van Ness, the founder of Ethereum Weekly News (Week in Ethereum News, abbreviated as WiE), stated on social media that due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, I announce that this newsletter will cease operations, as the communication indicated they believe continuing the operation of (Ethereum Weekly News) is not valuable. In 2024, WiE received very little financial support from the Ethereum Foundation. Although this support was mostly symbolic, the EF leadership's decision to cut this insignificant support clearly indicates that WiE will come to an immediate end. The withdrawal of support from the Ethereum Foundation clearly tells me that it is time for WiE to conclude. (Ethereum Weekly News) has had some good achievements. Over the years, many developers have told me at conferences that WiE has impacted their Solidity or security careers. They often mention that this newsletter influenced their decision to purchase ETH. Once upon a time, this old newsletter was the upstream source for most Ethereum news support. But unfortunately, WiE failed to find a sustainable business model. Advertising and sponsorship are difficult to sell because the marketing director does not value developers. I have high standards for content, but completing it in a profitable way is truly time-consuming.

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