
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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Spire Labs launches a Based L3.
Ithaca introduces Proto.
Market response to reciprocal tariffs.
Eigen summer fellowship
Spire Labs launched a based L3 appchain on testnet with synchronous composability. A based L3 is a chain that leverages the L2’s existing sequencer instead of running its own centralized sequencer. It allows the L3 to interact with the L2 as if it were a native smart contract, enabling synchronous composability. The implementation is lightweight, cost-effective, and reduces infrastructure overhead. Spire Labs is an infrastructure provider building the Based Stack, an open-source framework that lets developers launch customizable appchains on Ethereum, advancing scalability and interoperability across L2s and L3s.

Spire Labs launches a Based L3.
Ithaca introduces Proto.
Market response to reciprocal tariffs.
Eigen summer fellowship
Spire Labs launched a based L3 appchain on testnet with synchronous composability. A based L3 is a chain that leverages the L2’s existing sequencer instead of running its own centralized sequencer. It allows the L3 to interact with the L2 as if it were a native smart contract, enabling synchronous composability. The implementation is lightweight, cost-effective, and reduces infrastructure overhead. Spire Labs is an infrastructure provider building the Based Stack, an open-source framework that lets developers launch customizable appchains on Ethereum, advancing scalability and interoperability across L2s and L3s.

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.
The price of ETH dropped to a low of $1,431 earlier today, a level not seen since January 2023, as market volatility surged in response to the Trump administration’s ongoing reciprocal tariffs. The broader crypto market saw over $1.5 billion in liquidations, pushing total market capitalization below $1.5 trillion. At the time of writing, ETH has rebounded slightly, trading at $1,585.
Eigen summer fellowship
Lens Chain releases Dev Dashboard
Fee structure for EXECUTE-precompile
Fed holds emergency meeting
Interop Testing Call #32
Read: Rollups & Preconfs
Base distributes Builder rewards
Local Ethereum roundup
See disclosures
The price of ETH dropped to a low of $1,431 earlier today, a level not seen since January 2023, as market volatility surged in response to the Trump administration’s ongoing reciprocal tariffs. The broader crypto market saw over $1.5 billion in liquidations, pushing total market capitalization below $1.5 trillion. At the time of writing, ETH has rebounded slightly, trading at $1,585.
Eigen summer fellowship
Lens Chain releases Dev Dashboard
Fee structure for EXECUTE-precompile
Fed holds emergency meeting
Interop Testing Call #32
Read: Rollups & Preconfs
Base distributes Builder rewards
Local Ethereum roundup
See disclosures
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