ETH DailyJP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
ETH DailySuccinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
ETH DailyEigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
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A daily briefing on the latest in Ethereum. Learn about Ethereum, DeFi, staking, and ZK.
ETH DailyJP Morgan Buys $102m BMNR Shares
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
ETH DailySuccinct Announces $PROVE Airdrop
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
ETH DailyEigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
SSV Network now secures over 1 million staked ETH, worth over $3 billion, across its distributed validator network. Since its mainnet launch in December 2023, the network has grown to over 700 node operators, including solo stakers and pooled operators like Lido and EtherFi. SSV Network only takes a 2% commission from operators. SSV Network is a permissionless staking protocol that enables anyone to run a distributed validator node. By splitting validator keys into keyshares and distributing them to multiple nodes, the network enhances Ethereum fault-tolerance and eliminates single points of failure. Stakers can optimize their setups to reduce costs.
Celo successfully launched the Dango testnet, the first implementation of its CEL2 layer 2 network built on the OP Stack. The testnet retains all historical data from Celo’s previous testnet, enabling developers to transition their projects to the new network. CEL2 uses EigenDA for data availability, aiming to offer lower transaction fees. The Dango testnet features 2-second block times, increased throughput, 1-block finality, SocialConnect, and fee abstraction with support for ERC-20 tokens as gas payments. Infrastructure providers are working to enable support for the new network. Celo plans to launch the CEL2 network to mainnet as early as Winter 2024.
VanEck and 21Shares filed amended S-1 forms earlier today, which now await feedback or approval from the SEC. The submission marks the fifth amendment made in the past several weeks. Approval of the Form S-1 filings is required before Spot ETH ETF trading can begin. In total, six asset issuers have updated their S-1s and are awaiting approval, which could be granted by the end of July.
SSV Network now secures over 1 million staked ETH, worth over $3 billion, across its distributed validator network. Since its mainnet launch in December 2023, the network has grown to over 700 node operators, including solo stakers and pooled operators like Lido and EtherFi. SSV Network only takes a 2% commission from operators. SSV Network is a permissionless staking protocol that enables anyone to run a distributed validator node. By splitting validator keys into keyshares and distributing them to multiple nodes, the network enhances Ethereum fault-tolerance and eliminates single points of failure. Stakers can optimize their setups to reduce costs.
Celo successfully launched the Dango testnet, the first implementation of its CEL2 layer 2 network built on the OP Stack. The testnet retains all historical data from Celo’s previous testnet, enabling developers to transition their projects to the new network. CEL2 uses EigenDA for data availability, aiming to offer lower transaction fees. The Dango testnet features 2-second block times, increased throughput, 1-block finality, SocialConnect, and fee abstraction with support for ERC-20 tokens as gas payments. Infrastructure providers are working to enable support for the new network. Celo plans to launch the CEL2 network to mainnet as early as Winter 2024.
VanEck and 21Shares filed amended S-1 forms earlier today, which now await feedback or approval from the SEC. The submission marks the fifth amendment made in the past several weeks. Approval of the Form S-1 filings is required before Spot ETH ETF trading can begin. In total, six asset issuers have updated their S-1s and are awaiting approval, which could be granted by the end of July.
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