SEC Proposes DeFi Innovation Exemption
SEC Chairman Paul S. Atkins proposed exploring a conditional “innovation exemption” to accelerate the development of compliant DeFi products.
SEC Chairman advocates for DeFi innovation.
Uniswap introduces the v4 Hook Design Lab.
ZKsync launches the ZKsync Gateway.
EF publishes 1TS initiative report.
SEC Chairman Paul S. Atkins delivered remarks during the agency’s DeFi and the American Spirit Roundtable, highlighting that decentralized finance (DeFi) embodies key American values such as economic liberty, property rights, and innovation. He also criticized prior SEC leadership for discouraging blockchain participation. Atkins advocated for formal rulemaking, self-custody, and urged regulators to accommodate issuers and intermediaries using DeFi infrastructure. He also proposed exploring a conditional “innovation exemption” to accelerate the development of compliant DeFi products.
The Uniswap Foundation launched the Hook Design Lab, a pilot grant program designed to accelerate innovation in Uniswap v4 by supporting teams building with hooks. Hooks in Uniswap v4 are smart contracts that enable customizable behavior within liquidity pools, unlocking advanced features such as dynamic fees, just-in-time (JIT) liquidity, vault automation, and rehypothecation. The program's initial cohort of selected projects includes EulerSwap, which integrates JIT liquidity with lending infrastructure; Aegis, a dynamic fee hook developed by Solo Labs; Dynamo DEX by Renzo, which applies dynamic fees to maintain peg stability for LRT assets; and Bunni, which incorporates rehypothecation and automated liquidity management.
ZKsync launched the ZKsync Gateway, a middleware component that facilitates interoperability between ZKsync Chains within the Elastic Network. ZKsync Chains previously settled individually on Ethereum. The Gateway aggregates multiple proofs into a single proof, allowing ZKsync Chains to access cheaper, shared settlement. The ZKsync Gateway also introduces cross-chain messaging, enabling efficient transfers. With the upcoming v29 upgrade, ZKsync will introduce native interoperability, enabling fast, direct messaging between ZKsync Chains.
The Ethereum Foundation published a report for its Trillion Dollar Security (1TS) initiative, outlining the current security challenges facing Ethereum. The challenges span across user experience, smart contract vulnerabilities, infrastructure and cloud dependencies, consensus protocol resilience, incident response, and governance. Notable issues include blind signing, inadequate privacy, smart contract risks, centralization, and the brittleness of Ethereum’s fork and finality mechanisms. The 1TS initiative aims to raise Ethereum’s security to a level robust enough to securely support trillions of dollars in user, institutional, and governmental assets.
Aave goes live on Soneium
CLARITY Act bipartisan support
CCTP V2 coming to Codex
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Sigma Prime Introduces Anchor DVT Client
A Rust-based distributed validator technology (DVT) client for the SSV Network.
Sigma Prime introduces Anchor.
Unichain Conditional Funding Markets.
50 blobs sustained on a PeerDAS devnet.
BiT Global drops Coinbase lawsuit.
Blockchain security firm and Ethereum client developer Sigma Prime introduced Anchor v0.1.0, a Rust-based distributed validator technology (DVT) client for the SSV Network. Anchor is the second DVT client for the network, following SSV Labs' implementation, and builds on the Lighthouse Ethereum consensus client codebase. Anchor is fully interoperable with existing clients on public testnets. SSV Network is a permissionless Ethereum staking protocol that splits validator private keys into keyshares, distributing them among multiple independent nodes. The architecture enhances fault tolerance and eliminates single points of failure.
The Uniswap Foundation is offering $900K in grants to lending protocols on Unichain as part of its Conditional Funding Markets (CFM) pilot, which uses a futarchy-based funding model. In this model, forecasters bet on which protocols will drive the most TVL growth if granted funds for user incentives, and the protocols with the highest predicted impact receive the grants. Lending protocols can apply until June 18. The initiative includes three grants: one $100K grant and two $400K grants. Forecasting markets open on July 7, allowing participants to make TVL predictions and earn rewards based on accuracy when the Conditional Funding Markets resolve in October using actual TVL data.
Sunnyside Labs, a core development contributor to the Optimism Collective, deployed a development network to stress test blob throughput on PeerDAS. The test evaluated how well different combinations of Ethereum execution and consensus clients handle increasing blob throughput. The testnet sustained a peak throughput of 50 blobs per block, up from thecurrent 6 blobs per block. The team plans to work on client-specific optimizations, fault-tolerant supernode designs, and deeper analysis of distributed blob building to push the ceiling higher. Increasing blob throughput expands data capacity and significantly reduces costs for Ethereum rollups, making it a critical step in scaling the Superchain.
BiT Global, a Hong Kong-based digital asset custody platform, dropped its lawsuit against Coinbase over the delisting of WBTC. The suit, filed in December 2024, sought $1 billion in damages and accused Coinbase of removing WBTC to favor its own competing wrapped Bitcoin product, cbBTC. In 2024, BitGo, the original issuer of WBTC—transferred control of its protocol to a joint venture between BiT Global and Tron founder Justin Sun. Following the transfer, major platforms, including MakerDAO, reduced their exposure to WBTC. Coinbase followed suit by delisting the asset in December 2024.
ACDE Call #213 recap
L2Beat and Lido join EEA
Solx v0.1.0-alpha.4
Plume Network deploys on mainnet
DappCon 2025 agenda
InterOP UNIverse on 23rd June
EigenLayer slashing audit report
Aztec testnet retro analysis
CLARITY Act amendment
Stablecoins amount to 1.1% of USD supply
X partners with Polymarket
Velodrome surpasses $1b volume
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Ethereum Foundation Treasury Policy
The EF aims to gradually reduce annual operating expenses from 15% to 5% over the next five years.
Ethereum Foundation Treasury Policy.
Circle raises $1 billion from IPO.
Etherealize committee testimony.
3Jane raises $5.2m seed round.
The Ethereum Foundation (EF) published its Treasury Policy, a document outlining its approach to asset management and long-term financial sustainability. The Foundation currently allocates 15% of its total treasury to its 2025 annual operating expenses and maintains a 2.5-year operating expense buffer. The EF aims to gradually reduce annual operating expenses from 15% to 5% over the next five years. EF’s fiat assets are allocated across cash reserves, longer-term obligations, and tokenized real-world assets . Aligned with Ethereum’s cypherpunk values, the EF says it supports permissionless DeFi protocols through strategic capital deployments. Overall, the Foundation is evolving from an ETH holder to active, values-driven treasury management.
Circle, the issuer of the USDC stablecoin, launched its initial public offering (IPO) of 34 million shares of Class A common stock at a price of $31 per share, raising a total of approximately $1.05 billion. The sale includes 14.8 million shares offered by Circle and 19.2 million shares by existing stockholders, representing about 15% of the company's 225 million total shares outstanding. Circle is now listed on the New York Stock Exchange (NYSE) under the ticker CRCL. The IPO was led by J.P. Morgan, Citigroup, and Goldman Sachs, with additional underwriters participating. The offering values the company at an estimated $7 billion. USDC is the second-largest stablecoin with a $61 billion market cap.
Etherealize Co-founder and CEO Vivek Raman testified before a U.S. House Financial Services Committee hearing to advocate for clear, forward-looking regulation of digital assets. Raman argued that Ethereum exemplifies safe, inclusive, and innovative financial infrastructure. He endorsed the CLARITY Act, which aims to provide a regulatory foundation to maintain U.S. leadership in the digital economy. The bill seeks to define investment contract assets, clarify the jurisdiction of the SEC and CFTC, and distinguish between decentralized blockchain infrastructure and applications.
Ethereum-based credit protocol 3Jane raised a $5.2 million seed round led by Paradigm. The funding will support the protocol's launch, targeted for Q3 2025. 3Jane’s phased rollout includes a credit model tuning using real-world data, support for USDC deposits in exchange for USD3 and sUSD3, issuing unsecured credit lines, and improving underwriting models based on repayment and default data. The protocol leverages both onchain and offchain credit data to offer trustless lines of credit based on user creditworthiness and future cash flows. It also incorporates mechanisms for legal recourse in case of default.
Coinbase launches cbDOGE
Consensus buys $300m ETH
Reth v1.4.8 defaults to 60M gas
Mellow deploys on Superseed
Real-time proving grants
Lido dual governance 101
Rails raises $14m
YieldNest governance
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.