Gm frENS. We meet again on yet another Friday. Have a great weekend!

• Ledger Multisig charges a fee per tx.

• MegaETH introduces MEGA token.

• L2BEAT verifies Polygon zkProver integrity.

• Nethermind and Besu interop on BALs.

Ledger, a hardware wallet provider, is facing backlash over fees for its new Ledger Multisig product. Built on the open-source Safe protocol, Ledger Multisig enables users to sign transactions for Safe-based multisig wallets using Ledger hardware devices with Clear Signing, which verifies transaction details directly on the device. Initially marketed as a free feature, Ledger later clarified that it charges $10 per standard transfer for ETH sends and non-token actions like governance and 5 basis points on the value for ERC-20 token transfers, on top of network gas fees. Users can avoid the fees by using Safe’s native web app, which features software-based transaction simulations.

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MegaETH, an Ethereum Layer-2 network featuring 10 ms block times and a 100,000 TPS architecture, introduced $MEGA, its native token used to power Sequencer Rotation and Proximity Markets. Sequencer Rotation ensures that only one sequencer is active at a time, rotating globally to follow active regions. Operators can stake $MEGA to compete for the active slot, which is selected based on stake size, performance history, and infrastructure quality. Proximity Markets allow apps and market participants to lock $MEGA and bid for sequencer-adjacent colocation space to access minimal latency and faster transaction confirmations. MegaETH is currently in a public testnet phase.

L2BEAT announced that it has successfully reproduced Polygon’s zkProver verifier keys, which are used to validate zero-knowledge proofs. Anyone can independently regenerate and confirm that the onchain verifier matches the published setup. The L2BEAT team verified that the regenerated keys match the deployed verifier contract, including hash and ABI consistency. The process strengthens the cryptographic integrity of Polygon’s ZK system, ensuring that proofs cannot be forged due to incorrect verifier keys.

• BALs tecnical progress

• LinkedIn founder buys CryptoPunk

• Polymarket airdrop confirmed

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

• Quantum Solutions holds 3.8k ETH.

• Farcaster acquires Clanker.

• EF seeks Dev Tool Coordinator.

• Google Cloud faucet adds EIGEN.

Quantum Solutions, a Tokyo-based AI and technology company listed on the Tokyo Stock Exchange (ticker: 2338), announced the purchase of 2,365 ETH in the past week, making it the largest Ethereum Digital Asset Treasury (DAT) firm outside the United States. The company now holds a total of 3,866 ETH. The recent purchases were funded through external borrowings and proceeds from recent stock acquisition rights and convertible bonds. Quantum Solutions plans to continue accumulating ETH to enhance long-term corporate value, with a target of building a 100,000 ETH reserve. The company is backed by ARK Invest.

Farcaster announced that Clanker, an AI-driven coin issuance platform, will join its ecosystem and be integrated more deeply into Farcaster’s decentralized social app. Going forward, Clanker protocol fees will be used to buy back and hold CLANKER tokens, and the team has burned all previously accumulated ecosystem tokens held in its treasury. The announcement follows a failed acquisition attempt by Rainbow Wallet in September 2025, which had proposed redistributing Clanker’s treasury assets to token holders.

The Ethereum Foundation is looking to hire a Developer Tooling Coordinator to lead strategy and development efforts that enhance Ethereum’s developer experience. The technical leadership role involves shaping the developer ecosystem, guiding tooling strategy across languages, compilers, libraries, and frameworks, and influencing key architectural decisions. Ideal candidates have a deep passion for the EVM and smart contract development and hands-on experience building developer tools or infrastructure. The position is fully remote, open to candidates worldwide, and anonymous applicants are welcome.

Google Cloud added EigenLayer’s EIGEN token to its Web3 Testnet Faucet, allowing developers to request testnet EIGEN tokens on the Ethereum Hoodi testnet. Hoodi is a long-term Ethereum testnet built to provide developers with a stable environment for staking and validator testing. The Web3 Testnet Faucet also supports the distribution of testnet ETH across all testnets.

• ACDE #223 minutes | highlights

• dSheets weekly update

• Ethereum team sites

• Arbitrum hits 2b transactions

• Aave Labs acquires Stable

• $500m BUIDL on Polygon

• CCTPv2 launching on Starknet

• Celo StableMag #14

• Stablecoin bill expected EOY

• Trump pardons CZ

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

• Ethereum Validators Association announced.

• Article on benchmarking zkVMs.

• State of Crypto 2025 report.

• Octant announces Epoch 9 results.

The Ethereum Validators Association (EVA) announced its organization for improving Ethereum validator representation in protocol development. Created by the Ethereum Community Foundation (ECF), the EVA provides a unified structure for validator coordination, research, transparency, and governance. The EVA will build open dashboards for validator performance, conduct research on validator economics and MEV, and launch a verified signaling system for validators to cast non-binding votes on EIPs. Membership is open to any node operator with at least one active validator. The association will formally launch at an event during Devconnect ARG on November 20th.

The Ethereum Foundation’s zkEVM team published an article outlining benchmarking principles and framework components for zkVMs. The goal of zkVM benchmarking is to ensure Ethereum’s scalability and security by validating that ZK-based block proving is both feasible and performant in real-world and worst-case scenarios. The main objective is to determine whether zkVMs can achieve real-time proving (RTP), generating proofs quickly enough to keep up with block production. zkVMs should be tested using Ethereum-specific workloads, stressing hashing, precompiles, and state access patterns, rather than synthetic benchmarks. The long-term goal is to make zkEVMs viable for use on Ethereum Layer 1.

Investment firm a16z released the State of Crypto 2025 report, highlighting how the crypto industry has matured this year, driven by global adoption, regulatory clarity, institutional participation, and technological readiness. The report ranks Ethereum and Base as the #1 and #2 ecosystems chosen by builders. The industry reached all-time highs in market capitalization, active users, and developer activity, while financial institutions are adopting crypto through stablecoins and tokenized assets. The report also highlights a shift in U.S. policy that has legitimized crypto. Looking ahead, a16z predicts crypto will be integrated into everyday finance, payments, and consumer applications.

Public goods funding platform Octant announced the results of its Epoch 9 funding round, distributing roughly $1 million in matching funds to 30 Ethereum content creators. Conducted in collaboration with the Ethereum Foundation, it marks Octant’s first round dedicated specifically to Ethereum-focused creators. The top three recipients were onchain investigator ZachXBT, tech media outlet The Rage, and web3 education collective Crypto Altruists. Octant funds public goods using ETH staking yields generated by the Golem Foundation.

• Ethereum Berlin Hub

• a16z TVL dashboards

• Prysm client optimizations

• zkVM verifiers are open-source

• SharpLink buys 19k ETH

• Lido Direct Staking on Linea

• Fed mentions x402

• Gemini on open banking rule

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed