• SEC statement on protocol staking.

• EIP-7917 is SFI'd for Fusaka.

• Base sustains 1,000 TPS.

• Etherealize announces open roles.

The SEC’s Division of Corporation Finance issued a statement clarifying that certain types of protocol staking on proof-of-stake (PoS) networks do not constitute securities. Protocol staking refers to the process by which users lock up assets to validate transactions and maintain the security of a PoS network, earning rewards in return. The Division concluded that solo staking, self-custodial staking with a third party, and custodial staking are not securities transactions. Such staking participants are not required to register with the SEC. The statement follows prior guidance clarifying proof-of-work mining activities.

Ethereum core developers agreed to include EIP-7917 in the upcoming Fusaka hard fork. The proposal is intended to eliminate the unpredictability in the beacon chain’s proposer schedule by making it deterministic. It aims to simplify the implementation of preconfirmation protocols. It also introduces a new field in the beacon state called proposer_lookahead, which lists validator indexes for upcoming epochs. EIP-7917 will be part of the fusaka-devnet-1 release, which will include seven EIPs. The inclusion makes EIP-7917 the eighth proposal scheduled for inclusion (SFI’d) in the Fusaka upgrade.

Base, Coinbase’s Layer 2 rollup, hit a new milestone in transaction activity, sustaining 1,000 transactions per second during the launch of a new token on the Virtuals Protocol AI platform. According to L2Beat, Base maintained an average throughput of 160 TPS for the day. Growthepie data shows that the network recorded over 1.6 million daily active addresses on May 29. With nearly $15 billion in Total Value Secured, Base now stands as the largest rollup by TVL, active addresses, and throughput.

Etherealize, a business development arm for Ethereum dedicated to connecting institutional investors with the Ethereum ecosystem, is hiring across engineering, legal, marketing, and operations. New team members will get to work with Etherealize co-founder and former Ethereum researcher Danny Ryan. Etherealize is building institutional-grade infrastructure to bring Wall Street onchain, with a focus on compliant, efficient, and programmable tokenized real-world assets.

• ACDC #158 recap

• Erigon raising gas limit to 60m

• EF borrows GHO on Aave

• Justin comments on BTC security

• James Wynn liquidated for 949 BTC

• Binance activates USD services

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

• Euler introduces EulerSwap.

• Ithaca launches Porto developer preview.

• Katana unveils its ZK DeFi Rollup.

• ZKsync introduces Prividium.

Euler Labs introduced EulerSwap, an AMM-based DEX that integrates Euler’s lending vaults with Uniswap v4’s hook architecture. It aims to solve capital inefficiencies by depositing LP assets into lending vaults, enabling leverage and additional yield generation. Stable assets can be reused across multiple shared liquidity pools. EulerSwap also features Just-in-Time (JIT) Liquidity, where LPs can borrow output tokens using input tokens as collateral. LPs can implement delta-neutral strategies and hedge impermanent loss. Unlike traditional AMMs, each pool is individually created and controlled by a single LP, offering full customization over AMM curves and pricing.  Euler will host a $50,000 rEUL builder competition.

Ithaca launched a developer preview of Porto, a pre-release of its TypeScript library that simplifies the integration of passwordless authentication, crypto payments, and account recovery into web, mobile, and desktop apps. Porto is live on Base Sepolia and will soon be available across all EVM-compatible chains. Designed with modularity and modern standards in mind, Porto supports EIP-7702, includes an EIP-1193 compatible provider, and integrates seamlessly with tools like Wagmi and Privy. It replaces traditional wallets and extensions with WebAuthn Passkeys and OAuth, making onboarding and transactions seamless. A bug bounty is currently live on Base Mainnet.

Katana unveiled its DeFi-focused, ZK-powered Layer 2 rollup, built with cross-chain interoperability through the Agglayer. By integrating Succinct’s validity proofs, Katana enables fast finality, low-cost proving, and nearly instant secure withdrawals. Katana aims to address idle crypto assets by offering deep liquidity and sustainable high yield for liquidity providers. Katana leverages sequencer fees and protocol-generated revenue to fund liquidity and reward active participation. The network incorporates chain-owned liquidity (CoL), an integration with the Agglayer’s Vaultbridge and vbTokens, and a native AUSD stablecoin. Pre-deposits are currently live, with the public mainnet launch expected in late June.

• Farcaster launches Pro

• ZKsync introduces Prividium

• Ethereum dashboards portal

• yBOLD coming to Yearn

• Wormhole governance goes live

• Onchain Foundation research

• $425m strategic reserve strategy

• Subgraph MCP goes live

• BlackRock to acquire 10% of Circle

• Lens native token support

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

• EIP-7805 proposed for Glamsterdam.

• 15% of validators signal a 60m gas limit.

• Rocket Pool integrates Chainlink CCIP.

• EF is looking to hire a talent partner.

Ethereum researcher Soispoke.eth proposed Fork-Choice Enforced Inclusion Lists (FOCIL) EIP-7805 as the headliner proposal for the Glamsterdam upgrade, which is the fork after Fusaka. FOCIL improves censorship resistance by allowing multiple validators to enforce the inclusion of any transaction valid under protocol rules, ensuring that no single block builder can exclude them. FOCIL benefits users by ensuring timely inclusion of transactions when the network isn’t congested, without depending on a few centralized builders. It targets growing centralization risks due to MEV and private order flow. Headliner proposals represent the primary feature of an Ethereum upgrade that aligns with the fork's focus.

Based on data from the gaslimit.pics dashboard created by Ethereum researcher Toni Wahrstätter, over 150,000 Ethereum validators are now signaling support for a block gas limit above 60 million—nearly double the current limit of 36 million. It represents roughly 15% of all validators. Increasing the block gas limit enables each block to carry more data, thereby enhancing L1 transaction throughput. Changing the gas limit does not require a hard fork. Validators can raise the gas limit simply by adjusting their node configurations when proposing blocks. Once more than 50% of validators signal for an increase, the gas limit will automatically adjust to the next threshold. Validator operators can find more information at pumpthegas.org.

Rocket Pool integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable rETH transfers between Ethereum and the Ronin Network. The integration uses Chainlink’s Cross-Chain Token (CCT) standard, allowing rETH, a token representing staked ETH on Ethereum via Rocket Pool node operators, to be securely represented and used on other chains. CCIP supports secure cross-chain messaging and, combined with Chainlink’s pricing data and smart contract automation, enables improved capital efficiency across DeFi for cross-chain LST protocols. Rocket Pool is currently the third-largest liquid staking protocol, with over 660,000 ETH staked and $1.7 billion in total value locked.

The Ethereum Foundation is looking to hire a Talent Partner to lead recruiting efforts in alignment with Ethereum’s mission. The role involves building outreach strategies, acting as a cultural ambassador, shaping and evolving the foundation’s talent strategy, and supporting career transitions. The position is fully remote and open to candidates worldwide.

• Ethproofs Call #2 recap

• Mihailo Bjelic steps down

• Lido dual governance vote

• Warpcast rebrands to Farcaster

• Materkel.eth: Ethereum thesis

• Sophon announces SOPH

• EF Research weekly recap

• Bring Argentina Onchain initiative

• SDNY pursues charges against Roman

• Blockscout integrating EIP-7702

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