#903 - Ethereum Foundation Mandate
A manifesto to guide the foundation across two core goals: protecting self-sovereign computation and enabling coordination at scale.
EF publishes a mandate.
Spire full synchronous composability.
POAP enters maintenance mode.
Aave publishes V4 activation proposal.
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
The Ethereum Foundation published the EF Mandate, a 38-page document that serves as a constitution, manifesto, and operating guide for the foundation. It outlines two core goals: protecting self-sovereign computation and enabling coordination at scale, positioning Ethereum as the world computer built around its core principles: censorship resistance, open source, privacy, and security, coined CROPS. The document also clarifies the Ethereum Foundation’s role as a steward rather than an owner of the network. It emphasizes that the EF should avoid becoming a central authority and instead help grow an ecosystem that can function independently of the Foundation.
Spire Labs launched Pylon, a platform for deploying appchains with full synchronous composability, with synchronous reads and writes now live in production. Chains built with Pylon can read and update state across layers within a single transaction, making cross-chain interactions feel like using a single chain. Pylon aims to solve appchain fragmentation by allowing chains to customize execution and scale independently while remaining fully composable with their settlement layer, enabling cross-chain contract calls, asset transfers, and shared liquidity without bridges or delays. Users sign transactions with the same wallet, and developers simply call a Pylon contract.
Proof of Attendance Protocol (POAP), the popular NFT project for collecting attendance badges on Gnosis Chain, announced it will enter maintenance mode starting March 16, 2026. New POAP issuers will no longer be able to access the platform’s issuer tools. Existing issuers can continue managing previously created POAPs. POAP will also stop active development of the current platform. According to POAP co-founder Isabel, the team plans to shift its focus toward building a new platform for open digital collectibles. Existing POAPs will remain unaffected, and the current platform may eventually connect to the new system in the future.
Aave V4 activation proposal
Ethereal Weekly #15
Reverse Record #2
EF Mandate audiobook
What does the EF do?
Synthesis Opening Ceremony
ETHConf 2026 Speakers
$50m Aave loss explained
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#902 - Trader Loses $50m In AAVE Swap
A trader using the swap interface on the Aave front-end suffered a $50 million loss after accepting a swap with 99% slippage.
$50m loss in Aave trade.
Hegota EL Headliner undecided.
BlackRock’s ETHB goes live.
ZisK v0.16 release.
[
Listen to this episode from Ethereum News on Spotify. A trader loses $50 million in slippage while using the swap widget in the Aave frontend. Ethereum client teams remain split on the Hegota EL Headliner. And BlackRock's Staked Ethereum ETF goes live. Read more: https://ethdaily.io/902 Are you running a treasury?
](https://open.spotify.com/episode/3cR3Y1tIMLrYRHK4btrZ6Y)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
A trader using the swap interface on the Aave front-end suffered a $50 million loss after accepting a swap with 99% slippage. The trader sent $50.43 million in USDT through the Aave swap widget powered by CoW Swap and received 327 AAVE tokens, worth just $36,000. The transaction was routed through two low-liquidity pools. Aave founder Stani Kulechov confirmed that the Aave interface had displayed an extraordinary slippage warning before the trade was submitted by the user on a mobile device. He also said that Aave Labs would return the $600,000 in fees collected from the transaction. CoW Swap stated there’s no indication of a protocol exploit. Although it’s unclear why the CoW Swap solver didn’t use the optimal swap route. According to Arkham analyst Emmett Gallic, an MEV bot paid block builder Titan Builder 16,927 ETH, worth $34.8 million, as a bundle priority fee for transaction inclusion, while the MEV bot operator kept about $10 million. The DEX aggregator LlamaSwap protects users from extreme slippage by automatically disabling the trade button when such a swap would execute. A prior version of Aave’s swap widget also included a slippage hard limit.
Ethereum core developers have rejected both the SSZ execution blocks (EIP-7807) and the LUCID Encrypted Mempool as execution layer headliners for the Hegota upgrade, the next network fork following Glamsterdam. LUCID can be considered for the I-Star fork, slated for 2027. Client teams were unable to reach consensus on Frame Transactions (EIP-8141), an account abstraction proposal that introduces a new transaction type enabling features like social recovery and native gas sponsorship. Support for making Frame Transactions the headliner came from Vitalik Buterin, the Geth team, and Erigon. The Besu and Reth teams favored proceeding with no execution layer headliner, while the Nethermind team remained split on the issue. The headliner decision has been delayed, to be revisited in future calls.
BlackRock’s iShares Staked Ethereum Trust ETF, known under the ticker ETHB on Nasdaq, is now live as one of the first U.S. spot Ethereum ETFs that incorporates staking. ETHB brings higher returns for shareholders while contributing to the economic security of the Ethereum network. Early trading for ETHB showed volumes around $15 million. The launch follows the successful iShares Ethereum Trust ETF (ETHA), which began trading in July 2024 and currently holds over 3.1 million ETH.
ACDE #232 highlights | minutes
Lighthouse v8.1.2 release
ZisK v0.16 release
Base App changes
STRK20s Technical Paper
Yearn introduces yvUSD
Etherscan address poisoning
Grvt announces GRVT token
Lido new earn vaults
CFTC on prediction markets
Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#901 - ENS Launches On.eth Chain Registry
A canonical onchain registry that provides chains with a resolvable identity, enabling human-readable cross-chain names.
ENS on.eth chain registry.
Across proposes a token buyout.
Mastercard Crypto Partner Program.
MetaMask integrates Uniswap router.
[
Listen to this episode from Ethereum News on Spotify. ENS launches the on.eth chain registry. Across proposes a token buyout. Mastercard launches a Crypto Partner Program. And MetaMask integrates the Uniswap Router. Read more: https://ethdaily.io/901 Borrow against ETH at the lowest fixed rates in DeFi.
](https://open.spotify.com/episode/72UHI4590u794W9isvLRFW)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
ENS launched on.eth, a canonical onchain registry that provides chains with a resolvable identity within the ENS namespace. Each chain is assigned a subdomain, such as base.on.eth, that resolves verifiable metadata including chain IDs, interoperable addresses, and CAIP-2 identifiers. The solution replaces the current offchain mappings maintained by wallets and apps. The implementation leverages ERC-7828, Wonderland's Interop SDK, and ERC-7930 addresses to bring human-readable cross-chain names in the format domain.eth@chain. The ENS DAO retains ownership of the namespace, with chain operators managing their own records. Ethereum apps and wallets can visit interopaddress.com to support chain-aware addressing.
Across Protocol, a cross-chain bridge built on an intent-based architecture, published a temperature check proposal seeking to dissolve its DAO and transition to a newly formed U.S. C-corporation, AcrossCo. The proposal would allow ACX token holders to either exchange their tokens for equity in AcrossCo at a 1:1 ratio or sell them for USDC at $0.04375 per token. Risk Labs, the team behind the protocol, said the change aims to address institutional friction, arguing that the DAO and token structure have limited its ability to secure enterprise partnerships and enter enforceable contracts. The ACX token surged roughly 81% following the announcement.
Mastercard launched a Crypto Partner Program consisting of more than 85 firms, including Binance, Circle, Optimism, PayPal, and Paxos, to connect stablecoin payments with its global commerce network. The program focuses on cross-border transfers, B2B payments, and stablecoin settlement using centralized stablecoins USDC, PYUSD, and USDG. The program gives crypto-native companies access to Mastercard's fiat distribution infrastructure.
MetaMask integrated Uniswap as its primary swap provider, routing trades directly through Uniswap v2, v3, v4, and UniswapX across more than 16 chains. The integration gives users access to Uniswap liquidity without having to leave the wallet or rely on other aggregators. MetaMask joins OKX, Fireblocks, and Ledger as partners building on the Uniswap routing layer.
Zyfai agents yield stack
Vitalik on deep funding
x402 Facilitator on Polygon
Lido Q4 2025 metrics
Increasing max contract size
How Worldcoin scaled
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.