According to BlockBeats, on January 2, Ninal Rong, head of partnerships at the Arbitrum Foundation, stated that the Arbitrum Foundation will provide funding support for the continued operation of the 'Week in Ethereum News' and will contact its founder to discuss specific matters.
BlockBeats reported earlier today that the 'Week in Ethereum News' has announced its closure due to the Ethereum Foundation ceasing its funding. Founder Evan Van Ness stated, 'This newsletter will cease operations due to a conversation with the leadership of the Ethereum Foundation earlier this year. The Foundation believes that continuing to operate the 'Week in Ethereum News' is not valuable. Today I learned that the Ethereum Foundation spent $135 million in 2023, yet became stingy when it came to funding the best technology newsletter in the ecosystem (possibly for other background reasons that I am not aware of).'