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June 19, 2025

ZisK zkVM Spins Out Of Polygon

An independent open-source zkVM project. ZisK is a high-performance zkVM stack for low-latency proof generation

Quick Take

  • Jordi Baylina introduces ZisK zkVM.

  • Etherscan adds an address analytics tab.



ZisK zkVM Spins Out Of Polygon

Jordi Baylina, along with a team of seven developers, has spun off from Polygon Labs to launch ZisK, an independent open-source zkVM project. ZisK is a high-performance zkVM stack for low-latency proof generation. It’s built on the RISC-V 64 architecture and supports high-level languages like Rust, with planned support for Go and C#. The system features real-time Ethereum block proving, 1.5GHz zkVM execution, parallelized proof generation, GPU-optimized code, and recursive circuits for advanced aggregation. Baylina previously co-founded the Hermez Network, a zkEVM project acquired by Polygon in 2021 and later rebranded as Polygon zkEVM. Baylina will remain an advisor at Polygon Labs..

Etherscan Address Analytics Tab

Etherscan released a new Address Analytics tab on address pages within its block explorer, currently in beta. The update features widgets that provide deeper insights into address activity. Users can now view a transaction heatmap that visualizes transaction frequency over time, a top dapp activity widget showing the contracts the address has interacted with most based on gas spent, and a top neighbor addresses widget listing the addresses that have most frequently sent or received ETH or tokens to or from the address. Users can also adjust an age filter to the last 30 days, the past year, or all time.

Other News

  • Defillama launches Pro Dashboards

  • Compound Foundation proposal

  • $1.5m in fees collected by Timeboost.


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

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June 18, 2025

Fileverse Launches dSheets

A spreadsheet system for peer-to-peer data creation, collaboration, and onchain interactions.

Quick Take

  • Fileverse launches onchain spreadsheets.

  • EigenLayer introduces a cloud platform.

  • Ink unveils its INK utility token.

  • DELV winds down its protocol.



Fileverse Launches dSheets

Fileverse launched dSheets.new, a spreadsheet system for peer-to-peer data creation, collaboration, and onchain interactions. Unlike traditional spreadsheets, dSheets enable privacy-preserving, real-time collaboration leveraging end-to-end encryption, ZK-authentication (vOPRF-ID), and granular access control through an ENS domain, email, or wallet address. dSheets offers a familiar Excel-like interface supporting common functions. Users can query and write onchain data, connect to APIs and smart contracts, and even submit transactions directly from within the spreadsheet. The platform is compatible with Ethereum, Base, and Gnosis Chain, requires no downloads or sign-up, and is accessible simply by visiting dSheets.new.

EigenLayer Introduces EigenCloud

EigenLayer introduced EigenCloud, a verifiable cloud platform designed to enable trustless applications by combining cloud-scale programmability with crypto-grade verifiability. Secured by the economic security of the EIGEN token, EigenCloud allows developers to move complex application logic offchain into containerized environments while maintaining onchain settlement. EigenCloud enables both Web2 and Web3 developers to build trustless apps using familiar tools like Docker and Kubernetes, and to tap into a growing library of Verifiable Services (AVSs). The platform is built around three core components: EigenDA, a high-throughput data availability layer already live on mainnet; EigenVerify, a dispute resolution system, expected to launch on mainnet in Q3 2025; and EigenCompute, a verifiable compute orchestration layer, set to reach mainnet in Q4 2025. 

Ink Unveils INK Token

Ink, an OP Stack Layer-2 network and member of the Optimism Superchain, unveiled $INK, its native utility token. While $INK will not govern the Layer-2 network, it is designed to power DeFi applications, starting with a new liquidity protocol integrated with Aave. The token will support growth, incentives, and ecosystem development. $INK will have a fixed total hard cap supply of 1 billion tokens. The newly formed Ink Foundation also announced plans to airdrop $INK to early users, with more details on eligibility and token distribution to follow. Ink is focused on building a scalable onchain ecosystem for capital markets, lending, trading, and asset management.

DELV Winds Down After Vulnerability

Fixed-rate DeFi project DELV, formerly known as Element DAO, announced it is winding down operations after a vulnerability was discovered in its Hyperdrive protocol. Hyperdrive functioned as an AMM, enabling trading between fixed and variable interest rates. DELV offered users the ability to access fixed-term yield opportunities, provide liquidity to earn trading fees, and earn variable yield on idle capital. The team cited the high cost of rebuilding and lack of product-market fit as key reasons for the shutdown. User funds remain safe and accessible during the wind-down process.

Other News

  • ACDT #40 summary

  • EIP-5792: Wallet Call API

  • Ethresearch: Confidential Wrapped Ethereum 

  • Ethresearch: Going Multidimensional

  • MetaPool suffers an exploit

  • Galaxy partners with Liquid Collective

  • JP Morgan Deposit Token on Base

  • USDC Frontier Vault on Morpho

  • NAM transferability proposal

  • Code4rena offers free audit contests


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

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June 16, 2025

Flashbots On MEV Spam Limiting Scalability

Flashbots argues that despite scaling improvements, MEV-related spam continues to consume a large share of added capacity.

Quick Take

  • MEV spam limits scalability.

  • Next Billion Fellowship Cohort 6 applications.

  • Early bird ticket sales for Devconnect ARG.



Flashbots On MEV Spam Limiting Scalability

Flashbots published an article arguing that MEV has become the primary economic limit to blockchain scalability. Despite technical improvements in throughput, MEV-related spam continues to consume a large share of added capacity, effectively neutralizing scaling gains. Flashbots estimates that MEV bots consume 40–50% of blockspace, driving up base fees for users. Bots often send hundreds of transactions for a single low-margin arbitrage. While profitable for the bots, it’s wasteful for the network, burdening nodes and users. To use blockspace more efficiently, Flashbots proposes replacing the current spam auction system with programmable privacy and auction-based MEV markets.

Next Billion Cohort 5 Fellows

The Ethereum Foundation announced the four fellows selected for the fifth cohort of the Next Billion Fellowship. The fellows are working on projects in areas spanning digital identity, climate finance, and emergency response. Each fellow will share their work with the broader community by the end of the program. Applications are now open for the sixth cohort, beginning in October 2025. The Next Billion Fellowship is a non-technical program designed to support individuals building human-centered projects that use Ethereum for social impact. Fellows receive financial support, mentorship, and access to Ethereum Foundation resources.

Devconnect ARG Early Bird Tickets

The Ethereum Foundation Devcon Team opened early bird ticket sales for Devconnect ARG, taking place November 17–22, 2025, in Buenos Aires, Argentina. Early bird tickets are priced at $99 USD and are available until July 1 or until sold out. Discounted tickets are offered for Argentina locals, academics, LATAM residents, and youth. Core developers can also claim complimentary tickets. Devconnect is an Ethereum conference featuring the inaugural Ethereum World’s Fair, a six-day experience with app showcases, coworking spaces, and community hubs. LATAM-based organizers can apply for Destino Devconnect grants of up to $1,000, and anyone is welcome to propose Devconnect Improvement Proposals (DIPs) to enhance the attendee experience.

Other News

  • Pplpleasr launches Shibuya

  • OP Futarchy Contest Results

  • Marble introduces offchain infra

  • 180k validators signal 60m gas limit

  • Blob usage continues to increase

  • Allo Capital Network Coherence

  • Robinhood presents: To Catch A Token

  • PrismaX raises $11m


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

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