• Vitalik proposes Partially Stateless Nodes.

• Succinct introduces its PROVE utility token.

• Liquity V2 goes live on Ethereum mainnet.

• EF Next Billion announces Season of Internships.

Vitalik Buterin published an Ethresearch article outlining how to preserve the ability for users to run full nodes as Ethereum increases its L1 gas limit. While increasing the gas limit improves scalability, it also raises bandwidth and resource demands, which can lead to centralization. Vitalik emphasizes that full nodes are valuable not just for validating the chain but also for providing trustless, censorship-resistant, and privacy-preserving local RPC access. Vitalik proposed partially stateless nodes, a new node type that verifies the chain while storing only a subset of the state. It allows users to maintain local access to data while reducing storage requirements significantly.

Succinct Labs introduced the Succinct Network, a decentralized protocol designed to connect provers with requesters. The network functions as a verifiable, high-performance two-sided marketplace for fast, secure, and transparent proof generation. Succinct also introduced $PROVE, its native utility token for the network. PROVE will be used to pay for proofs, secure the network through staking and slashing, and govern protocol parameters. The architecture blends an offchain auctioneer, which manages proof request matching and bidding, with onchain Ethereum smart contracts. The network will launch on testnet in the coming weeks.

Decentralized borrowing protocol Liquity deployed its V2 release on Ethereum mainnet. Users can now deposit multiple collateral types, including rETH and wstETH, to borrow BOLD, Liquity’s new yield-bearing stablecoin. Borrowers can set their own interest rates and can access high loan-to-value (LTV) ratios when using LST collateral. Users can deposit BOLD into the Stability Pool to earn rewards. Liquity V2 also introduces Protocol Incentivized Liquidity (PIL), enabling LQTY stakers to direct interest revenue subsidies to specific liquidity pools while still earning fees and rewards. Users can interact with Liquity V2 via ecosystem front ends like DeFi Saver.

The EF Next Billion team announced the Ethereum Season of Internships, a new initiative offering paid, fully remote internships across the Ethereum ecosystem from August to October 2025. Designed to bridge the gap between entry-level interest and long-term contribution, the program provides opportunities in development, research, design, legal, finance, and marketing. Projects actively contributing to the Ethereum ecosystem can apply to serve as host organizations, mentoring and managing interns throughout the 12-week program. The deadline to apply as a host organization is May 28, 2025, while intern applications are due by June 29, 2025.

• GENIUS Bill passes

• Circle may be acquired

• Safe goes live on Lens Chain

• Curve vote to remove whitelist

• WCT airdrop to Zerion users

• U.S. investigates Coinbase leak

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

• Fabric introduces Signal-Boost.

• Coinbase suffers a data breach.

• Obol introduces the Obol Stack.

• Privacy Pools pauses deposits.

Fabric, a collaborative initiative focused on standardizing rollup infrastructure, introduced Signal-Boost, a proposed mechanism that enables Ethereum rollups to access L1 data in real time. Designed to be sequencer-agnostic, Signal-Boost works with both existing rollups that use dedicated sequencers and based rollups, without requiring any changes to their underlying stacks.  The sequencer collects read-only L1 queries, executes them, hashes the results into a Merkle tree, and publishes the root to a SignalService contract on L1. The root is then included in the L2 block, allowing L2 contracts to verify L1 data using Merkle proofs. Signal-Boost enables real-time, same-slot access to arbitrary L1 data from L2 contracts, supporting use cases like instant deposits, live oracle reads, and atomic cross-chain transactions.

Coinbase disclosed a data breach involving its overseas customer support operations, where a small group of employees were bribed to leak customer data. Exposed information included full names, addresses, phone numbers, emails, partial Social Security and bank account numbers, government ID images, and account data. The attackers demanded a $20 million ransom, which Coinbase refused to pay. Instead, Coinbase launched a $20 million bounty for information leading to the attackers’ conviction. Coinbase notified affected users—fewer than 1% of its 100+ million customers—and committed to reimbursing those who have lost funds.

Obol Network introduced the Obol Stack, a modular, plug-and-play framework for building, distributing, and running decentralized applications and infrastructure. Leveraging Kubernetes and Helm, the Obol Stack brings scalable, composable, and accessible enterprise-grade software delivery to the Ethereum ecosystem. Networks and developers can package and distribute systems, while node operators can discover and run them to earn rewards. Obol Network is a Distributed Validator Technology (DVT) protocol, securing over $1 billion in staked ETH across validators on its network. It is also the first protocol to go live on Tally Staking with stOBOL tokens.

Privacy Pools, an onchain privacy protocol leveraging ZKPs for private token transfers, has temporarily paused new deposits following the discovery of a bug affecting two user transactions. The issue occurred when two deposits were made back-to-back, causing the reuse of the same preCommitmentHash. The bug led to duplicate nullifiers, which are necessary for withdrawal, rendering the affected deposits permanently stuck. Only two deposits were impacted, totaling 0.2 ETH. The Privacy Pools team has reimbursed the affected users. All other funds in the contract are not affected, and users can still withdraw or exit. A smart contract fix is being implemented to prevent the issue from recurring.

• ACDC #157 highlights

• Optimism distributes 1.3m OP

• Fluid DEX LPs suffer losses

• Tally Staking goes live

• Facet receives EF grant

• Obol Charon v1.4.3 releases

• Trent introduces Pectra Pages

• Defendants charged in RICO conspiracy

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

• Trade-offs of EIP-7928.

• EF Trillion Dollar Security initiative.

• BTCS secures $58 million to buy ETH.

• EigenDA V2 goes live on testnet.

Ethereum researcher Toni Wahrstätter outlined the trade-offs of EIP-7928, a proposal to improve Ethereum L1 scalability using Block-level Access Lists (BALs). BALs specify which accounts and storage slots a block's transactions will interact with. By knowing in advance which parts of the state will be accessed, validators can parallelize disk reads. Wahrstätter notes that Access BALs are compact and lightweight, minimizing bandwidth and storage costs, but they only enable parallel disk reads, not full execution parallelism. Execution BALs, while slightly larger, strike a strong balance by enabling both parallel I/O and EVM execution. State BALs offer the most complete execution context but are significantly larger in size. Overall, the Execution BAL model provides the best trade-off between performance and size and forms the basis of EIP-7928.

The Ethereum Foundation launched the Trillion Dollar Security (1TS) Initiative, an ambitious, ecosystem-wide effort to enhance Ethereum’s security to a level capable of supporting trillions of dollars in value. The initiative aims to position Ethereum as an infrastructure that exceeds the safety and reliability of traditional legacy systems. Trillion Dollar Security means billions of individuals feel confident storing thousands of dollars onchain and organizations are comfortable placing over $1 trillion in value within a single Ethereum application. The initiative consists of three components: comprehensive security mapping, targeted improvements, and transparent communication. The EF is actively seeking input from users, developers, and security researchers.

BTCS Inc., a blockchain infrastructure services provider previously known for bitcoin mining, announced it has secured a financing facility of up to $57.8 million to purchase ETH. An initial $7.8 million tranche has already been issued and is being deployed to acquire ETH. BTCS plans to scale its Ethereum-based operations. It will use the freshly acquired ETH to deploy additional validator nodes, enabling the company to generate recurring revenue from staking rewards. BTCS will also leverage its Builder+ platform, a proprietary system designed to optimize block construction and maximize gas fee revenue. By increasing its ETH holdings, BTCS aims to expand its role in the Ethereum ecosystem.

EigenDA V2, an upgrade enabling high-throughput and scalable data availability, is now live on Ethereum's Holesky and Sepolia testnets. The release delivers Visa-scale throughput of 50 MB/s—a 3x increase over the 15 MB/s capacity of EigenDA V1—and supports up to 250,000 ERC-20 TPS with sub-10 second latency. The V2 implementation introduces a split-plane architecture, horizontal sharding, GPU-accelerated erasure coding, parallel multicast channels, and a reservation-based, fixed-fee accounting model. Backed by the economic security of EigenLayer restakers, EigenDA provides secure, decentralized, and cost-effective data availability for rollups

• Lodestar v1.30.0 release

• EF organizational chart

• Synthetix acquiring Derive

• Aztec ZKPs for age verification

• $650M in unlocks next week

• Uniswap on the ground events

• Daimo expands payment methods

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