The established Ethereum newsletter "Week in Ethereum News," founded in 2016, announced its termination of operations on January 1 of this year. Evan Van Ness, the founder of Week in Ethereum News, stated that due to the Ethereum Foundation stopping symbolic funding and the inability of the newsletter to find a sustainable business model, this decision had to be made. (Background: Ethereum ETF saw a "net inflow of $2.6 billion" in December, growing for eight consecutive weeks; can ETH return to glory this year?) (Additional context: Bitcoin has returned to $95,000, and Ethereum surged to $3,400; is market liquidity returning?) Week in Ethereum News is a weekly news aggregation website focused on Ethereum, established in 2016 by senior Ethereum researcher Evan Van Ness, playing a crucial role in the early development of the Ethereum community. The newsletter was primarily sponsored by the Ethereum Foundation, serving as one of the earliest media and information hubs for Ethereum, providing the community with stable and detailed updates on Ethereum's technological advancements and ecosystem-related news, laying an important foundation for users to understand this emerging blockchain technology. Many readers were among the earliest supporters of Ethereum. The newsletter has ceased operations. However, Evan Van Ness announced today that due to a conversation with the leadership of the Ethereum Foundation earlier this year, Week in Ethereum News would cease operations because communication indicated that they believed continuing the newsletter was not valuable. So @WeekInEthNews has ended. Here's why: https://t.co/WUjuqAuVtn pic.twitter.com/Xd01Go6Gjz — Evan Van Ness (@evan_van_ness) January 1, 2025. Evan Van Ness mentioned that in 2024, the newsletter received very little financial support from the Ethereum Foundation; although this support was mostly symbolic, the leadership of the Foundation chose to cut off this meager support, clearly indicating that it was time to end Week in Ethereum News: The Ethereum Foundation withdrawing support told me more clearly than any other way that it was time to end the newsletter. Evan Van Ness pointed out that Week in Ethereum News had a good track record; over the years, many developers at conferences told him how the newsletter impacted their Solidity or security skills career, often mentioning that it led them to decide to purchase Ethereum. Once, this veteran newsletter was the upstream source for most Ethereum news supporters. Unfortunately, Week in Ethereum News failed to find a sustainable business model. Advertising and sponsorships are hard to secure because the marketing director does not prioritize developers. My standards for content are very high, and this operational model is too time-consuming to be profitable. Thanks to everyone who sponsored, shared, or liked during this time; I will remember all of this; it means a lot to me. Now, goodbye! The community is very reluctant to part. This announcement sparked an uproar in the Ethereum community, with many expressing their reluctance to see it go. Some netizens criticized the Ethereum Foundation, asking, "How is this not worth a bit of funding?", while others pointed out the Ethereum Foundation's 2023 expenditures, expressing disbelief that the Foundation's $16.9 million annual community development budget would not allocate some funds to support the newsletter's operations. Matias Nisenson, founder of the crypto fund DeFi Wonderland, stated that as early as 2018, the newsletter brought traffic to his game CryptoWars, for which he is very grateful. He is willing to help crowdfund to continue the newsletter's operation, and DeFi Wonderland would be happy to provide funding to help maintain operations. Experts indicated to the BlockTempo that operations like this (the Ethereum newsletter and the cost of such media are actually quite low), but the Ethereum Foundation might believe that they have already been reported by many new media outlets and no longer need to support their own Ethereum-related news media. Additionally, with changing times, long-term tracking of internal community information may not significantly aid community development, so they chose to cut ties. However, for long-term supporters of Ethereum, this may not be something they can support.

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