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The Arbitrum Stable Treasury Endowment Program (STEP) committee, consisting of GFXlabs, NorthLakesLegal, Nethermind, Steakhouse, and Karpatkey, recommended six real-world asset (RWA) products for the strategic investment of 35 million ARB tokens to diversify the Arbitrum DAO treasury. The selected RWA products and allocations include 11 million ARB for BlackRock’s BUIDL Fund via Securitize, 6 million ARB each for Ondo’s USDY and Superstate’s USTB, and 4 million ARB each for Mountain USDM OpenEden TBill, and Backed Finance bIB01 product. Arbitrum governance will vote next month to approve the recommended investments.
Base plans to enable Fault Proofs on the Base Sepolia testnet in mid-July. Earlier this month, Optimism activated Fault Proofs on OP mainnet, although adopting the upgrade must be done by each OP Stack chain independently. Fault proofs introduce permissionless output proposals and permissionless challenges. Permissionless output proposals allow anyone to submit claims about the state of the chain, and permissionless challenges, enable anyone to dispute fraudulent claims. The activation transitions the chain to Stage 1 decentralization. Bridge operators on Base Sepolia will need to adjust their bridging logic to support the changes.
The Ethereum Foundation's mailing list was compromised, as disclosed by Tim Beiko, a core developer and the lead of the All Core Devs (ACD) meetings. The breach appears to have occurred at SendPulse, the email automation service used by the foundation. An attacker managed to send a phishing email from updates@ethereum.org to subscribers, falsely promoting a staking collaboration with Lido. Tim Beiko later confirmed that the foundation has locked down access to the mailing list.
Nimbus v24.6.0 release
Introducing Valantis DEX
ZKsync second wave claims
Gitcoin Grants design canvas
GasHawk live on OP and Base
SummerFi introduces RAYS
Introducing Blast foundation
Mt. Gox $9b in payments
Jump Crypto President steps down
The Arbitrum Stable Treasury Endowment Program (STEP) committee, consisting of GFXlabs, NorthLakesLegal, Nethermind, Steakhouse, and Karpatkey, recommended six real-world asset (RWA) products for the strategic investment of 35 million ARB tokens to diversify the Arbitrum DAO treasury. The selected RWA products and allocations include 11 million ARB for BlackRock’s BUIDL Fund via Securitize, 6 million ARB each for Ondo’s USDY and Superstate’s USTB, and 4 million ARB each for Mountain USDM OpenEden TBill, and Backed Finance bIB01 product. Arbitrum governance will vote next month to approve the recommended investments.
Base plans to enable Fault Proofs on the Base Sepolia testnet in mid-July. Earlier this month, Optimism activated Fault Proofs on OP mainnet, although adopting the upgrade must be done by each OP Stack chain independently. Fault proofs introduce permissionless output proposals and permissionless challenges. Permissionless output proposals allow anyone to submit claims about the state of the chain, and permissionless challenges, enable anyone to dispute fraudulent claims. The activation transitions the chain to Stage 1 decentralization. Bridge operators on Base Sepolia will need to adjust their bridging logic to support the changes.
The Ethereum Foundation's mailing list was compromised, as disclosed by Tim Beiko, a core developer and the lead of the All Core Devs (ACD) meetings. The breach appears to have occurred at SendPulse, the email automation service used by the foundation. An attacker managed to send a phishing email from updates@ethereum.org to subscribers, falsely promoting a staking collaboration with Lido. Tim Beiko later confirmed that the foundation has locked down access to the mailing list.
Nimbus v24.6.0 release
Introducing Valantis DEX
ZKsync second wave claims
Gitcoin Grants design canvas
GasHawk live on OP and Base
SummerFi introduces RAYS
Introducing Blast foundation
Mt. Gox $9b in payments
Jump Crypto President steps down
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