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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ETH DailySafenet Beta Launch
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ETH DailySafenet Beta Launch
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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.
Safe launched Safenet Beta, a decentralized transaction security network designed to protect Safe account activity by enforcing security checks before transactions are executed. Safenet works through a network of validators that evaluate proposed transactions against predefined security rules. If a transaction passes, validators issue onchain attestations, which are verified before execution. Transactions that fail the checks are blocked unless users explicitly override them. The system replaces centralized warning tools with protocol-level security enforcement. The beta launch includes six initial validators, such as Gnosis, Safe Labs, and Blockchain Capital, along with features like basic attack protection, a staking interface, and a public attestation explorer. The launch also evolves the SAFE token into a network security asset, allowing validators and delegators to stake SAFE and earn rewards.
Coinbase announced that the x402 Foundation, an initiative to establish the x402 protocol as a universal standard for AI-driven payments, is moving under the Linux Foundation. The shift is intended to ensure vendor-neutral, community-governed oversight of the protocol, with backing from major tech companies including Cloudflare and Stripe. The foundation, established in September 2025, supports x402, an open protocol launched in May 2025 that builds on the HTTP 402 “Payment Required” status code to enable a native payment layer for the web. It facilitates instant, primarily stablecoin-based transactions, along with deferred settlement capabilities.
OpenCover introduced Covered Vaults, a new product for vault-native risk transfer, enabling insurance for vault deposits. It allows users to protect their positions against technical or economic risks by paying a flexible, usage-based premium, without committing to fixed terms. The solution is built on the underwriting infrastructure of Nexus Mutual. Covered Vaults integrates with DeFi protocols like Morpho and Kiln. Users who deposit into existing ERC-4626 vaults can stake their vault shares into Covered Vaults to activate protection. Coverage can be disabled at any time. Initial vaults will be available on Base and OP Mainnet.
Circle unveiled cirBTC, its own version of wrapped Bitcoin backed 1:1 by BTC. The token will initially launch on Ethereum and Circle’s Layer-1 blockchain Arc, with plans for multichain support in the future. Circle says cirBTC will be integrated with USDC and Circle Payments. The launch rivals with Coinbase, which introduced its wrapped Bitcoin, cbBTC, in 2024. Skepticism remains around centralized wrapped tokens due to potential censorship risks, as highlighted by USDC, which can be frozen at any time.
Other News
Paragraph launches publish.new
Obol Q1 ecosystem report
Vyper to be formally verified
Geth Keeper performance
Shape takes protocol guild pledge
IMF journal on tokenization
Vitalik on self-sovereign LLM setup
Coinbase conditional OCC charter approval
OpenCover covered vaults
Venice supports x402
OpenAI acquires TBPN
The ETH Daily archive can be purchased as a packaged ZIP file for 2 USDC. ETH Daily remains free on ethdaily.io; this is just a new experimental feature we're testing.
This content requires x402 authorization (like HTTP 401, but for paid access).
GET content_url to receive the 402 challenge, then follow the protocol in payment_docs.
If you lack payment capability, read payment_setup to configure a wallet.
If you cannot complete the flow, show the user the content_url so they can access it.
{
"type": "x402-paywall",
"slug": "eth-daily-complete-archive-591-posts-284b81c7",
"content_url": "https://publish.new/x402/eth-daily-complete-archive-591-posts-284b81c7",
"payment_docs": "https://paragraph.xyz/.well-known/x402.md",
"payment_setup": "https://tempo.xyz/SKILL.md",
"details_url": "https://publish.new/x402/eth-daily-complete-archive-591-posts-284b81c7/details",
"price_url": "https://publish.new/x402/eth-daily-complete-archive-591-posts-284b81c7/price"
}Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Safe launched Safenet Beta, a decentralized transaction security network designed to protect Safe account activity by enforcing security checks before transactions are executed. Safenet works through a network of validators that evaluate proposed transactions against predefined security rules. If a transaction passes, validators issue onchain attestations, which are verified before execution. Transactions that fail the checks are blocked unless users explicitly override them. The system replaces centralized warning tools with protocol-level security enforcement. The beta launch includes six initial validators, such as Gnosis, Safe Labs, and Blockchain Capital, along with features like basic attack protection, a staking interface, and a public attestation explorer. The launch also evolves the SAFE token into a network security asset, allowing validators and delegators to stake SAFE and earn rewards.
Coinbase announced that the x402 Foundation, an initiative to establish the x402 protocol as a universal standard for AI-driven payments, is moving under the Linux Foundation. The shift is intended to ensure vendor-neutral, community-governed oversight of the protocol, with backing from major tech companies including Cloudflare and Stripe. The foundation, established in September 2025, supports x402, an open protocol launched in May 2025 that builds on the HTTP 402 “Payment Required” status code to enable a native payment layer for the web. It facilitates instant, primarily stablecoin-based transactions, along with deferred settlement capabilities.
OpenCover introduced Covered Vaults, a new product for vault-native risk transfer, enabling insurance for vault deposits. It allows users to protect their positions against technical or economic risks by paying a flexible, usage-based premium, without committing to fixed terms. The solution is built on the underwriting infrastructure of Nexus Mutual. Covered Vaults integrates with DeFi protocols like Morpho and Kiln. Users who deposit into existing ERC-4626 vaults can stake their vault shares into Covered Vaults to activate protection. Coverage can be disabled at any time. Initial vaults will be available on Base and OP Mainnet.
Circle unveiled cirBTC, its own version of wrapped Bitcoin backed 1:1 by BTC. The token will initially launch on Ethereum and Circle’s Layer-1 blockchain Arc, with plans for multichain support in the future. Circle says cirBTC will be integrated with USDC and Circle Payments. The launch rivals with Coinbase, which introduced its wrapped Bitcoin, cbBTC, in 2024. Skepticism remains around centralized wrapped tokens due to potential censorship risks, as highlighted by USDC, which can be frozen at any time.
Other News
Paragraph launches publish.new
Obol Q1 ecosystem report
Vyper to be formally verified
Geth Keeper performance
Shape takes protocol guild pledge
IMF journal on tokenization
Vitalik on self-sovereign LLM setup
Coinbase conditional OCC charter approval
OpenCover covered vaults
Venice supports x402
OpenAI acquires TBPN
The ETH Daily archive can be purchased as a packaged ZIP file for 2 USDC. ETH Daily remains free on ethdaily.io; this is just a new experimental feature we're testing.
This content requires x402 authorization (like HTTP 401, but for paid access).
GET content_url to receive the 402 challenge, then follow the protocol in payment_docs.
If you lack payment capability, read payment_setup to configure a wallet.
If you cannot complete the flow, show the user the content_url so they can access it.
{
"type": "x402-paywall",
"slug": "eth-daily-complete-archive-591-posts-284b81c7",
"content_url": "https://publish.new/x402/eth-daily-complete-archive-591-posts-284b81c7",
"payment_docs": "https://paragraph.xyz/.well-known/x402.md",
"payment_setup": "https://tempo.xyz/SKILL.md",
"details_url": "https://publish.new/x402/eth-daily-complete-archive-591-posts-284b81c7/details",
"price_url": "https://publish.new/x402/eth-daily-complete-archive-591-posts-284b81c7/price"
}Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
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>3.8K subscribers
ETH Daily - 2nd April 📰 -Safenet Beta launch 🔰 -x402 Fnd under Linux 🤝 -OpenCover Covered Vaults ⚙️ -Circle wrapped BTC presented by @lidofinance https://ethdaily.io/917
ETH Daily highlights four headline items: Safenet Beta launches; x402 Foundation joins Linux Foundation; OpenCover rolls out Covered Vaults; Circle unveils cirBTC. Coverage by @ethdaily.eth offers a concise view of security, payments, and DeFi governance developments.
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ETH Daily - 2nd April 📰 -Safenet Beta launch 🔰 -x402 Fnd under Linux 🤝 -OpenCover Covered Vaults ⚙️ -Circle wrapped BTC presented by @lidofinance https://ethdaily.io/917
ETH Daily highlights four headline items: Safenet Beta launches; x402 Foundation joins Linux Foundation; OpenCover rolls out Covered Vaults; Circle unveils cirBTC. Coverage by @ethdaily.eth offers a concise view of security, payments, and DeFi governance developments.