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Shenzhen TechFlow news, on January 2nd, Ninal Rong, the person in charge of the Arbitrum Foundation's cooperation, stated that the Arbitrum Foundation will continue to provide funding support for the "ETH News Weekly" and will contact its founder to discuss specific matters. Earlier today, BlockBeats reported that the "ETH News Weekly (Week in Ethereum News)" announced its closure due to the cessation of funding by the Ethereum Foundation. Founder Evan Van Ness wrote, "Due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, it was announced that this newsletter would cease operations. The Foundation believes that continuing to operate the 'ETH News Weekly' has no value. Today I learned that the Ethereum Foundation spent 1.35 in 2023.

Week in Ethereum News, a long-established Ethereum newsletter founded in 2016, announced its termination on January 1 this year, and Evan Van Ness, founder of Ethereum Newsweek, said the decision had to be made because the Ethereum Foundation stopped symbolic funding and the weekly failed to find a sustainable business model. (Summary: Ethereum ETF "net inflow of $2.6 billion" in December for eight consecutive weeks, can ETH return to glory this year? (Background supplement: BTC back 95,000, Ethereum soared $3,400, market Liquidity is returning?) Week in Ethereum News is a weekly newsgathering website focused on Ethereum, founded in 2016

KnowHere News: Evan Van Ness, founder of the Week in Ethereum News (WiE) newsletter, announced on social media that the newsletter will cease operations due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, as they believe that continuing to operate the Week in Ethereum News has no value. In the remaining time of 2024, WiE received minimal financial support only from the Ethereum Foundation. Although this support was mostly symbolic, the EF leadership chose to cut off this insignificant support, clearly indicating that WiE would immediately end. The withdrawal of support from Ethereum Foundation tells me more clearly than anything else, WiE.

Farewell to 'Week in Ethereum' The newsletter 'Week in Ethereum' (WiE), which is beloved by Ethereum developers and enthusiasts, has officially announced its end. Evan Van Ness, the founder of the newsletter, stated in an emotional farewell message that the reasons for this decision include lack of support and an unsustainable business model. Ethereum Foundation terminates support Van Ness revealed that as early as the beginning of 2024, he had hinted at the possible fate of the newsletter ending in his conversations with the leadership of the Ethereum Foundation (EF). Although EF's financial support for WiE has always been minimal, the foundation ultimately decided to withdraw this symbolic support. This move sends a clear message: EF no longer believes that

Shenzhen TechFlow News, on January 2nd, according to official news, the ETH Weekly Report 'Week in Ethereum' (WiE), which has been founded for nearly ten years, officially ceased publication on January 1, 2025. Founder Evan Van Ness revealed three main reasons for the cessation of publication: Foundation's attitude change: In early 2024, the leadership of the Ethereum Foundation (EF) expressed a lack of recognition for the value of WiE, and subsequently provided only symbolic funding. When EF completely terminated the funding, WiE also ceased operations. Business Model Predicament: Van Ness stated that advertising and sponsorship revenue is difficult to sustain. Marketing departments generally do not pay attention to marketing channels for developers, and coupled with their high demands for content quality, it is difficult to achieve profitability. He once refused an ICO project offer in 2017.