Quick Take
ethPandaOps Xatu data collection initiative.
Sigma Prime releases v1 multiproof library.
EigenLayer discloses a 1.6M EIGEN loss.
Form Network introduces FETH
ethPandaOps Xatu Data Collection Initiative
ethPandaOps introduced the Xatu data collection pipeline, enabling community members to contribute valuable data for research on home node operators. Data is collected by running a Beacon node and the Xatu sentry sidecar, with all data anonymized and redacted before it is published. Contributors can participate by running Xatu sentry. Initially, data contributions are limited to trusted community members, with plans to expand access in the future. The system allows node operators to configure and maintain privacy settings, giving control over the type of data that is shared. ethPandaOps is an Ethereum DevOps team that provides resources for testing protocol upgrades.
Sigma Prime v1.0.0 Multiproof Library
Sigma Prime released v1.0.0 of its multiproof library for generating Merkle proofs. The update introduces MerkleGen v1.0.0, enabling the generation of MultiProofs for multiple leaves and SingleProofs for individual leaves in a Merkle tree, providing auditors and developers with greater flexibility for testing Merkle Trees. The release also includes enhanced testing and complete documentation, including renamed functions for improved readability.
EigenLayer Discloses 1.6M EIGEN Hack
EigenLayer revealed that 1,673,645 EIGEN tokens were lost to an attacker who compromised an email communication thread related to an investor’s token custody transfer. The EigenLayer multisig ultimately approved the token transfer to the attacker's address. The attacker then sold the EIGEN tokens for stablecoins using MetaMask Swaps and moved the funds to centralized exchanges. EigenLayer assured users that the breach was an isolated incident and unrelated to the protocol itself, noting that some of the funds have already been frozen. EigenLayer faced criticism for distributing investor tokens directly to EOAs on Friday morning instead of using onchain vesting contracts to ensure no unauthorized sales are possible.
Form Network Introduces FETH
Form Network, a social-centric Layer 2 built on the OP Stack, introduced Form ETH, its native yield-bearing asset. Form also launched an early depositor program, offering Form Points to users who deposit assets ahead of its upcoming governance token launch. The network introduces bonding curves for SocialFi creator tokens and leverages Celestia for data availability.
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Symbiotic account compromised