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July 9, 2025

Ethereum Clients Support History Pruning

The feature reduces disk space requirements for node operators by approximately 300 to 500 gigabytes.

Quick Take

  • EL clients support history pruning.

  • GameSquare unveils $100m ETH strategy.

  • Lido supports for Commit-Boost.

  • EigenLabs announces layoffs.



Ethereum Clients Support History Pruning

All Ethereum execution layer clients now support partial history expiry, a feature that prunes historical block data older than the Merge. The update reduces disk space requirements for node operators by approximately 300 to 500 GB. Before the update, all full nodes stored the entire Ethereum chain history from Genesis on July 30, 2015, to the present, often requiring over 1 TB of disk space. Ethereum core developer Lightclients noted that archive node users and developers who rely on the full historical chain will soon need to migrate to external history data providers. The current state data is always retained.

GameSquare $100m ETH Strategy

GameSquare Holdings, a digital media and esports company, unveiled plans for an Ethereum-focused treasury strategy, with potential allocations of up to $100 million in ETH. The company plans to use proceeds from its recent $8 million public offering to fund ETH purchases. The new strategy targets yields of up to 14%, significantly above the standard ETH staking rates. GameSquare expects to achieve its returns through a mix of staking, stablecoin, and NFT-related allocations. The move marks a shift from traditional treasury management, linking the company’s finances to the performance of Ethereum.

Lido Supports Commit-Boost

Lido Finance officially added Commit-Boost to its allow list of Auxiliary Proposer Mechanisms (APMs), which are vetted software, configurations, and parameters deemed safe and beneficial for Lido and the Ethereum ecosystem. The list includes multiple validator clients configured for out-of-protocol PBS via MEV-Boost and Commit-Boost. Commit-Boost is a validator-sidecar tool that enables secure, open participation in preconfirmation protocols and more efficient block proposals. Lido validators can now run Commit-Boost to participate in PBS and capture extra value from block building.

EigenLabs Announces Layoffs

EigenLabs announced a company restructuring to concentrate resources on building and scaling EigenCloud, which includes EigenLayer and EigenDA. The restructuring included layoffs affecting 29 employees, about 25% of the EigenLayer team. Departing employees will receive severance packages and career assistance.

Other News

  • Destino Devconnect Grants

  • Sidekick integrates Base

  • PortalPay accepts cb-assets

  • OpenSea acquires Rally

  • Sharplink closes out Nasdaq

  • Ethereum’s DeFi mullet

  • Lubin on CNBC

  • Armstrong on Coinbase early days


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

Cover photo
July 7, 2025

Bit Digital Pivots To Ethereum

The company has accumulated a treasury of 100,603 ETH, pivoting its corporate treasury from Bitcoin to Ethereum.

Quick Take

  • Bit Digital pivots its strategy to Ethereum.

  • U.S. Treasury drops Tornado Cash lawsuit appeal.

  • Vitalik advocates for copyleft licensing.

  • Unichain launches CFM experiment.



Bit Digital Pivots To Ethereum

Bit Digital, Inc. announced a pivot in its corporate treasury from Bitcoin to Ethereum. After raising $172 million through an equity offering and selling approximately 280 BTC, the company accumulated a treasury of more than 100,000 ETH. CEO Sam Tabar highlighted Ethereum’s programmable capabilities, staking yields, and growing adoption as key drivers behind the move. Bit Digital plans to stake its ETH holdings to generate ongoing yield, positioning itself as a publicly traded platform focused on Ethereum-native treasury management and staking operations. The company joins other global corporate ETH holders such as Sharplink Gaming, BTCS Inc., and Bitmine Inc.

U.S. Treasury Drops Tornado Cash Appeal

The U.S. Treasury has dropped its appeal in a lawsuit filed by crypto advocacy non-profit Coin Center. Coin Center and the Treasury agreed to end the lawsuit after recent court rulings concluded that OFAC’s sanctions on Tornado Cash smart contracts exceeded the Treasury’s statutory authority. The U.S. Court of Appeals for the Eleventh Circuit granted a motion to dismiss the case, officially ending Coin Center’s legal battle against OFAC. Coin Center filed the lawsuit against OFAC in October 2022, arguing that the agency lacked the authority to sanction smart contracts. In January 2025, the U.S. Court of Appeals for the Fifth Circuit ruled in favor of the argument, finding that the Treasury had overstepped its legal powers. Despite this legal victory, Tornado Cash developer Roman Storm is still scheduled to go to trial on July 14, 2025.

Vitalik Supports Copyleft Licensing

Vitalik Buterin published a blog post reflecting on open-source licenses, explaining that he now favors copyleft licenses over permissive licenses. Both are types of open-source licenses, but the key difference is that copyleft licenses require that any modified or derivative work be released under the same license. In contrast, permissive licenses like MIT or CC0 allow anyone to use, modify, and redistribute the work with minimal restrictions, even in proprietary projects. Buterin higlighted copyleft’s approach of “using copyright against itself” to enforce openness without posing strict licensing requirements on enterprises in crypto.

Unichain Futarchy Pilot Goes Live

The Uniswap Foundation’s Conditional Funding Markets (CFM) pilot, a futarchy-based funding experiment, is now live on Unichain. Users can deposit USDC into their Butter Smart Wallet to predict which protocols will generate the most TVL growth if awarded grants for user incentives. Participating protocols include Compound Finance, Euler, Morpho, and Venus. Forecasters can earn rewards based on the accuracy of their predictions once the markets settle using actual TVL data.

Protocol 🛠

  • Besu 25.7.0 release

  • Erigon v3.0.12 release

  • EIP-7983 breakdown

  • PeerDAS is Fusaka headline EIP

  • CLZ EIP-7939 benefits

  • Blob Notaries: publishing design

Ecosystem 🌱

  • PrivacyLinks browser wallet

  • 58 Global Ethereum meetups

  • Boundless releases manifesto

  • ETH Strategy coming soon

  • EF funds Argot Collective

  • MSilb7 exits funds from OP to L1

  • Virtuals launches ACP public beta

  • Bungee mini app on Farcaster

  • Privacy Pool feature updates

  • Nethermind partners with Taiko

  • Chainlink goes live on Katana

  • Bhilai Hardfork goes live on Polygon

  • Kuru raises $11.6m Series A

Reads 📚

  • Distributed validators adoption cycle

  • A New Vision For Ethereum

  • Private MEV Protection RPCs

  • Tom Lee says banks will buy ETH

  • Senator Lummis introduces tax bill

Institutional 🏦

  • Vivek’s ETH narrative for Wall St

  • SharpLink Gaming: ETH is the Strategy

  • Tom Lee comments on ETH

  • Goldfeder comments on Robinhood


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

Cover photo
July 2, 2025

Forkcast Ethereum Upgrade Tracker

An experimental tool designed to help users better understand Ethereum upgrades and compare headliner proposals.

Quick Take

  • Ethereum upgrade tracking tool.

  • ePBS vs delayed execution in Glamsterdam.

  • Velodrome pilots VerifiedERC20 tokens.

  • Arbitrum Timeboost generates $2m in fees.



Forkcast Ethereum Upgrade Tracker

The Ethereum Foundation’s Protocol and Application Support team launched forkcast.org, an experimental tool designed to help users better understand Ethereum network upgrades. Forkcast provides detailed pages on upcoming upgrades, including Fusaka and Glamsterdam. The platform highlights competing “headliner” proposals, which are EIPs considered to be the most impactful for the next major network upgrade. Forkcast offers insights into which EIPs are slated for inclusion, who stands to benefit from them, and how to compare different proposals. Forkcast also breaks down the stakeholder impact and alignment with broader network goals.

Comparing ePBS And Delayed Execution

Ethereum researcher Toni Wahrstätter published a research post on whether ePBS EIP‑7732 should be included in the Glamsterdam upgrade. Enshrined Proposer-Builder Separation (ePBS) decouples block proposal from block building by embedding PBS directly into Ethereum’s consensus layer. ePBS enables faster beacon block propagation and allows protocol-enforced payments between builders and proposers, but introduces significant complexity and risks such as post-state monopolies. Instead, Wahrstätter proposes shipping Delayed Execution EIP-7886 in Glamsterdam, which achieves about 80% of ePBS’s pipelining benefits while adding minimal complexity. Full ePBS can still be added later if needed.

Velodrome Pilots VerifiedERC20 Tokens

Velodrome is piloting VerifiedERC20 tokens, a new standard designed to boost rewards for human users over bots. VerifiedERC20 aims to reward real users, help projects meet legal and compliance requirements without compromising privacy, and maintain DeFi’s composability and immutability features. The implementation, built in partnership with Celo and Self Protocol, extends OpenZeppelin’s ERC20 to support hooks, which are modular smart contracts that execute checks before or after token functions. Token issuers can choose to include checks against OFAC restrictions, enforce jurisdiction-specific rules, and verify wallet age.

Arbitrum Timeboost Generates $2m In Fees

Arbitrum Timeboost, a transaction ordering policy that allows users to optionally pay a fee for priority block inclusion, has generated over $2 million in fees for the Arbitrum DAO since launching in April 2025. The policy uses an encrypted mempool to ensure that transaction details remain hidden until the transaction order is finalized. It also protects users from MEV attacks. Timeboost is live on Arbitrum One and Arbitrum Nova.

Protocol 🛠

  • Ethereum validator heat map

  • Attestation Arrival Timing analysis 

Ecosystem 🌱

  • FreePay payment terminal

  • Merit launches Terminal

  • Ethereum apps generate $26b in fees

  • Coinbase acquires Liquifi

  • OpenAI denies Stock Tokens

  • Circle Mint euro-to-USDC onramp

Reads 📚

  • Arca proposes Adjusted Market Cap


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

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