Ethereum ETFs Expected Tuesday
Bloomberg analyst Eric Balchunas expects that trading for Spot ETH ETFs will go live next Tuesday, July 23rd.
Spot ETH ETFs anticipated next Tuesday.
Matcha integrates the 0x V2 pricing engine.
Taiko introduces Booster Rollups.
Scroll surpasses $1 billion in TVL.
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Bloomberg analyst Eric Balchunas now anticipates that trading for Spot ETH ETFs will commence next Tuesday, July 23rd. He stated that today, the SEC responded to amended S-1 forms submitted by issuers and requested the final submission of S-1s by this Wednesday. The Form S-1 filings must be approved before trading can begin. On May 23rd, the SEC gave the green light to 19b-4 filings for eight Spot ETH ETFs. The price of ETH is up 7% over the last 24 hours, moving from $3,200 to $3,450.
Matcha launched the latest iteration of its DEX aggregator, featuring a new pricing engine built on 0x Protocol V2. The advanced engine sources liquidity from multiple sources in a single swap, ensuring optimal pricing for large trades. The release introduces Argon Router, a sophisticated mechanism that uses multiplex and multi-hop trade routes. Multiplex routing splits orders into multiple trades across various liquidity sources, minimizing price impact, while multi-hop functionality uses intermediate tokens with more efficient liquidity, reducing slippage. Matcha also uses Permit2 for token approvals, allowing exact allowance approvals for the duration of the transaction. The DEX aggregator also supports MEV protection and gasless trades. Matcha claims to offer access to 97% of the liquidity on Ethereum, Base, Arbitrum, and Optimism.
Taiko introduced Gwyneth, a synchronously composable Based rollup that extends Ethereum L1. Coined as a Booster Rollup, Gwyneth leverages native sequencing for seamless access to rollups and L1 state. It also supports preconfirmations, allowing L1 validators to commit to L2 states, enhancing UX with fast transaction confirmations. Gwyneth addresses L2 fragmentation by enabling applications and smart contracts to operate across multiple rollups without the need for complex bridging. Initially, Gwyneth will be secured by Taiko’s Raiko multi-prover and will support zkVMs for real-time proving. Gwyneth is still in development.
Scroll, an EVM-equivalent ZK Rollup, has surpassed $1 billion in Total Value Locked, marking a more than 20% increase in its TVL over the past 24 hours, according to data from L2Beat. The achievement places Scroll among the top 10 rollups by TVL, overtaking Starknet. The surge comes amid a market rally and the anticipation of an upcoming token launch for the rollup. Scroll’s ZK-EVM went live on mainnet in October 2023.
DSR is decreasing to 7%
Maker spending breakdown
MetaMask token auto-detection
Squarespace vulnerability patched
No-code EVM indexing tool
Paul Brigner joins Coinbase
MakerDAO $1 Billion RWA Competition
The competition is open to all RWA issuers, aiming to diversify MakerDAO reserves into U.S. treasuries.
MakerDAO $1b RWA competition.
Dutch court denies bail for Pertsev.
U.S. judge delays Tornado Cash trial.
Opposition to EOF in Pectra.
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MakerDAO launched the Spark Tokenization Grand Prix, a competition aiming to allocate $1 billion worth of reserves toward tokenized real-world assets. The competition is open to all RWA issuers. Superstate and Ondo Finance have already expressed their intent to apply. The initiative is part of a reserve diversification effort, kicking off MakerDAO's Endgame, a protocol overhaul designed to expand the DAI stablecoin into RWA products. Applications to the program open on August 12th and will be judged by a panel of advisory companies, including Phoenix Labs, GFX Labs, and Steakhouse, with the final winners being voted on by MakerDAO governance.
Alexey Pertsev, a developer who helped write open-source code for Tornado Cash, has been denied bail and will have to remain in Dutch custody as he prepares his defense for the appeal of his money laundering conviction. In May, Dutch judges sentenced Pertsev to 64 months in prison. Pertsev has already spent ten months in jail. He was first arrested on August 10, 2022, released on bail on April 20, 2023, and detained again on May 14, 2024. According to DL News, Pertsev’s lawyer requested for him to have access to a computer and internet to be able to prepare his defense, but the request was denied by the judge.
U.S. District Court Judge Katherine Polk Failla granted a delay in the prosecution of Tornado Cash developer Roman Storm. The extension was granted during a hearing at the U.S. District Court in the Southern District of New York, which met to discuss Storm's motion to dismiss the case. A trial was initially set to begin this September. Storm’s legal team had requested a continuation of the trial until early 2025. The trial will now take place in December. In August 2023, Storm was indicted on charges of money laundering, sanctions violations, and operating an unlicensed money-transmitting business. During today’s hearing, Judge Failla compared Tornado Cash to WhatsApp, questioning prosecutors why WhatsApp is not charged for criminal activity conducted by users on its encrypted messaging application, and whether the same logic should apply to Tornado Cash.
Ethereum core developer Marius Van Der Wijden expressed opposition to including EVM Object Format (EOF) in the upcoming Pectra upgrade. In a recent blog post, he highlights that EOF would introduce complexity as it adds 19 new opcodes and removes 16 existing ones. Wijden also raised concerns about insufficient impact analysis and security assessments. Wijden says that EOF offers only marginal benefits and suggests focusing on more groundbreaking upgrades like Verkle instead. The Pectra upgrade, set to be one of Ethereum's most extensive updates, features 19 planned EIPs and is expected to launch in the first quarter of 2025.
Devcon speaker applications
Relay introduces Chain Pages
Tornado Cash case analysis
ETHGlobal x Ethereum Film early access
OpenSea supports Coinbase Wallet
Pre-register .super and .chain domains
ATT data breach
Compound Suffers DNS Hijack
Other protocols that use Squarespace as their domain registrar also experienced a DNS compromise.
Coinbase Wallet launches a new web app.
Compound suffers a DNS compromise.
Encrypted transactions on Gnosis Chain.
Nethermind formal verification framework.
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Coinbase introduced a new web app for Coinbase Wallet, offering a unified portal to track onchain activities. Users can connect multiple wallets to monitor their crypto holdings, NFTs, and DeFi positions across various chains. The portal includes trending dapps and a built-in swap interface for trading over 2 million supported tokens. Coinbase also launched an Onchain Summer points program, enabling users to earn points by completing activities on Base. The experiences were submitted from the Base onchain registry. Users can redeem points for prizes like an ENS subdomain and Base merchandise. Users can track their points and rank on their summer pass. The campaign runs until August 31st.
Earlier today, Compound Finance experienced a DNS compromise on its domain. Attackers were able to redirect users from compound.finance to a phishing site with a wallet drainer. The protocol itself remains unaffected, and users can still access their positions via smart contracts or third-party apps like DeFi Saver. Celer Network's domain was also compromised. Both protocols use Squarespace as their domain registrar. The hijacks come as Squarespace acquired Google Domains in 2023, requiring all users to migrate. Some crypto projects that use Squarespace have not yet been affected, but remain at risk. Users who visited the sites should check and revoke their token approvals.
Shutter Network launched encrypted transactions on Gnosis Chain, marking the first mainnet implementation of Shutter's threshold encryption. The integration, coined as Shutterized Gnosis Chain, introduces an encrypted mempool that provides users with MEV protection, base-layer neutrality, and censorship resistance. To utilize encrypted transactions on Gnosis Chain, users can manually add the Shutterized Gnosis Chain RPC to their wallet. Initially, transaction inclusion times may be slow due to the limited number of validators but will improve as the number of validators and Keypers expands. Keypers are specialized nodes that manage the encryption and decryption keys to secure transactions.
Nethermind released Clear, a formal verification framework for Solidity programs. The framework allows users to define the expected behavior of Yul programs and verify code conformance. Clear translates Yul programs into Lean for verification, generates verification conditions, and provides proof templates. Formal verification refers to the use of mathematical methods to prove or disprove the correctness and security of smart contract code.
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Besu 24.7.0 release
PartyDAO ERC-2O launch tool
Chainlink supports Starknet
Paxos BUSD vs SEC updates