Law firm files notice to ArbDAO.
Aave files motion to vacate restraint.
Core devs target 200M gas limit floor.
Upbit launches GIWA Chain on OP Stack.
Gerstein Harrow LLP filed a restraining notice in SDNY against Arbitrum DAO, blocking the transfer of 30,766 ETH frozen from the KelpDAO exploit. The firm argues the funds are DPRK-linked property and can be seized to satisfy a decade-old default judgment for its clients. ZachXBT called the move "pure evil," noting Gerstein Harrow is the same firm behind the notorious PoolTogether lawsuit. Read more.
Aave LLC filed an emergency motion to vacate the SDNY notice, arguing that a thief does not gain legal title to stolen property, the ETH belongs to KelpDAO victims and downstream DeFi users. Aave is requesting Gerstein Harrow's clients to post a $300M bond if the notice stands. The DAO transfer to a recovery multisig could remain blocked pending the court's decision. Read more.
Ethereum core devs agreed to target a 200M gas limit floor after Glamsterdam, unlocked by ePBS, Block-Level Access Lists, and EIP-8037 state repricing. The decision came out of Soldøgn Interop, a week-long gathering of over 100 core contributors in Svalbard. Final figures will be confirmed on upcoming AllCoreDevs calls. Read more.
South Korea's largest crypto exchange Upbit announced GIWA Chain, its own Ethereum L2 built on the OP Stack via Optimism's self-managed OP Enterprise tier. Upbit will run its own sequencer and retain full control while the Optimism Foundation provides backup infrastructure. The testnet is live, with a mainnet launch to follow. Read more.
Researcher Toni Wahrstätter outlined how Frame Transactions (EIP-8141) could let privacy pools pay withdrawal fees directly from the withdrawn funds, removing the centralized relayer dependency that protocols like Tornado Cash rely on today. With targeted changes, privacy transactions could match the censorship resistance of ordinary Ethereum transactions. Read more.
Bitmine stakes $4.3m ETH
ETHis Munich on July 2nd
Fe bug bounty program
OpenZeppelin Risk Assessment
Base to use Succinct SP1
ENS celebrates 9 years
LEND token migration
Bryan Pellegrino comments on exploit
Relay brings cross-chain to Peer
L2Beat April Ecosystem Update
SAFE staking rewards
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