
JP 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.

Succinct 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.

EigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.

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Core devs determine the scope for Pectra.
Synthetix proposes a protocol referendum.
Ethena introduces the UStb stablecoin.
Polygon PoS activates Ahmedabad upgrade.
During this week's ACDE call, core developers determined the scope for the upcoming Pectra hard fork. They decided to keep the scope strictly to that of Devnet 3, which currently includes eight EIPs. EIP-7742 and EIP-7762 are still under consideration for Pectra. All other EIPs that were CFI’d for Pectra have been removed. The excluded EIPs will now be CFI’d for the Fusaka hard fork, the next upgrade following Pectra. Fusaka’s inclusion list includes EOF and PeerDAS. The other EIPs will remain under consideration and will only be added to Fusaka once EOF and PeerDAS are stable on devnet. Notably, Verkle, which was initially planned for Fusaka, has now been pushed to the Amsterdam hard fork.

Core devs determine the scope for Pectra.
Synthetix proposes a protocol referendum.
Ethena introduces the UStb stablecoin.
Polygon PoS activates Ahmedabad upgrade.
During this week's ACDE call, core developers determined the scope for the upcoming Pectra hard fork. They decided to keep the scope strictly to that of Devnet 3, which currently includes eight EIPs. EIP-7742 and EIP-7762 are still under consideration for Pectra. All other EIPs that were CFI’d for Pectra have been removed. The excluded EIPs will now be CFI’d for the Fusaka hard fork, the next upgrade following Pectra. Fusaka’s inclusion list includes EOF and PeerDAS. The other EIPs will remain under consideration and will only be added to Fusaka once EOF and PeerDAS are stable on devnet. Notably, Verkle, which was initially planned for Fusaka, has now been pushed to the Amsterdam hard fork.

JP 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.

Succinct 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.

EigenDA Launches On Holesky Testnet
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
Ethena Labs, in collaboration with Securitize, introduced UStb, a new stablecoin backed by tokenized U.S. Treasuries through BlackRock’s BUIDL Fund. The BUIDL Fund is a tokenized asset fund on Ethereum that offers accredited investors onchain access to U.S. Treasuries. Ethena is a decentralized stablecoin protocol known for its synthetic USDe stablecoin, which is backed by assets like stETH and delta-neutral positions in derivatives markets. UStb and USDe will operate as independent products, each with their own distinct risk profile. Currently, USDe, has a market cap of $2.5 billion, while BlackRock’s BUIDL Fund manages over $500 million in assets.
Polygon PoS underwent the Ahmedabad upgrade. The minor upgrade increased the maximum code size from 24KB to 32KB, allowing for more complex smart contract deployments. It also addressed issues related to gas pricing. It also changed token symbol on Polygon PoS from MATIC to POL, and WMATIC to WPOL.
Ethena Labs, in collaboration with Securitize, introduced UStb, a new stablecoin backed by tokenized U.S. Treasuries through BlackRock’s BUIDL Fund. The BUIDL Fund is a tokenized asset fund on Ethereum that offers accredited investors onchain access to U.S. Treasuries. Ethena is a decentralized stablecoin protocol known for its synthetic USDe stablecoin, which is backed by assets like stETH and delta-neutral positions in derivatives markets. UStb and USDe will operate as independent products, each with their own distinct risk profile. Currently, USDe, has a market cap of $2.5 billion, while BlackRock’s BUIDL Fund manages over $500 million in assets.
Polygon PoS underwent the Ahmedabad upgrade. The minor upgrade increased the maximum code size from 24KB to 32KB, allowing for more complex smart contract deployments. It also addressed issues related to gas pricing. It also changed token symbol on Polygon PoS from MATIC to POL, and WMATIC to WPOL.
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