#920 - Block-in-Blobs (BiB) EIP-8142
A proposal to move Ethereum transaction data into blobs so validators don’t need to download every transaction.
Block-in-Blobs (BiB) EIP-8142.
Biconomy Smart Batching ERC-8211.
KPK launches a web app.
Privy supports swaps.
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Listen to this episode from Ethereum News on Spotify. Toni Wahrstätter introduces Block-in-Blobs (BiB) EIP-8142. Biconomy introduces Smart Batching ERC-8211. KPK launches a web app. And Privy supports swaps. Read more: https://ethdaily.io/920 Sponsor: Lido Earn lets you deploy ETH or stablecoins into curated DeFi strategies for optimised yield.
](https://open.spotify.com/episode/6DKWXuCDF7nA64gvYyXpcy)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Ethereum researcher Toni Wahrstätter introduced Block-in-Blobs (BiB) EIP-8142, which proposes to encode transaction data into blobs, similar to EIP-4844, so validators don't need to download every transaction. BiB makes data availability explicit and efficient, rather than implicit. While zkEVM removes the need to re-execute, it does not eliminate the need to access transaction data. BiB packs RLP-encoded transaction bytes into blobs with cryptographic commitments, allowing validators to then verify the commitments and use data availability sampling (DAS) to ensure all data is available, maintaining full security, drastically reducing bandwidth requirements, and scaling Ethereum L1.
Biconomy, a cross-chain execution protocol, has introduced Smart Batching ERC-8211, a proposed Ethereum standard that transforms transactions into dynamic, multi-step programs. It enables onchain agents and users to execute complex workflows with a single signature, without deploying custom contracts. The standard addresses the limitations of current static batching, where parameters are fixed at signing and can become outdated. Instead of hardcoding values, smart batches fetch real-time onchain data, validate it against constraints, and execute only when predefined conditions are met. ERC-8211 enables fully composable, cross-protocol and cross-chain workflows, reduces failed transactions and leftover balances, and provides a shared execution standard for autonomous onchain agents.
KPK, a DAO treasury manager, launched the KPK App, a web interface for tracking and allocating assets across KPK yield strategies. The app features live performance data across all strategies, risk tiers tailored to different user profiles, and unified position tracking across both Vaults and Funds. KPK currently offers two vault types. Prime Vaults are designed for capital preservation and high liquidity, relying on established collateral like ETH and strict risk controls. Yield Vaults, by contrast, target higher returns through broader collateral exposure and active rebalancing, often focused on stable assets. KPK, originally incubated by Gnosis in 2021, manages treasuries for organizations such as ENS DAO.
Privy, an embedded wallet infrastructure provider, integrated swaps powered by Uniswap, allowing developers to support conversions between assets with a single API call. Privy abstracts away the complexity of routing, calldata, slippage, and transaction execution, while leveraging the Uniswap API for liquidity. Privy enables apps to embed crypto wallets using familiar Web2 login methods such as SMS, email, Google, X, and Farcaster.
ERC-7715 goes live on Polygon
Celo on L2Beat interop page
leanSpec initial issues
Ethereum events globe
FDIC on Genius Act
Velora (prev Paraswap) winds down
Linea prover improvements
Peer introduces verify
Crypto wrench attack
Anthropic Project Glasswing
Base Account supports ZKsync
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#919 - Polymarket USD Stablecoin
Polymarket will replace bridged USDC.e with a new native collateral token, Polymarket USD.
Polymarket USD stablecoin.
Ethena diversifies USDe backing.
Chaos Labs leaves Aave DAO.
Ethereum Tx Delay tracker.
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Listen to this episode from Ethereum News on Spotify. Polymarket announces its native USD stablecoin. Ethena diversifies the backing for USDe. Chaos Labs leaves the Aave DAO. And Toni Wahrstätter releases an Ethereum Tx Delay tracker. Read more: https://ethdaily.io/919 Sponsor: Lido Earn lets you deploy ETH or stablecoins into curated DeFi strategies for optimised yield.
](https://open.spotify.com/episode/6BfcHJx3lNMr4RO3UG6Hif)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Polymarket announced a major infrastructure upgrade rolling out over the next few weeks that will replace bridged USDC.e with a new native collateral token, Polymarket USD, backed 1:1 by USDC. The shift transitions Polymarket to have direct control over its settlement layer, reducing reliance on third-party bridges. The upgrade also includes a rebuilt trading engine and new smart contracts designed to improve execution speed, lower gas fees, and streamline the overall system. According to 0xngmi, more than $1.25 billion is currently held in Polymarket user wallets. During the transition, all open orders will be canceled during a short, pre-announced maintenance window. Developers and advanced users will need to make updates.
Ethena is expanding the collateral backing of its USDe stablecoin to include overcollateralized institutional lending, liquid real-world assets (RWAs) beyond t-bills, commodity basis trades, and prime lending. Previously, USDe's yield was primarily driven by crypto perpetual futures funding rates. USDe is an overcollateralized, yield-bearing stablecoin, backed by crypto assets and delta-neutral strategies managed by Ethena. The shift aims to create a more resilient, diversified reserve portfolio that can perform across different market conditions, reducing reliance on funding rates alone. Ethena states that the core architecture and redemption mechanism remain unchanged, and all new strategies are conservatively sized and overcollateralized.
Chaos Labs, a risk service provider to the Aave DAO, announced it is stepping down from its role managing risk for the Aave protocol. The departure follows the recent exits of other major contributors, including the Aave Chan Initiative (ACI) and BGD Labs. Chaos Labs said the decision was driven primarily by a disagreement over how risk should be managed, particularly as Aave V4 expands. In response, Stani Kulechov stated that Aave Labs was open to increasing Chaos Labs' compensation to $5 million, but did not support other aspects of their proposal, which he says included making Chaos Labs the sole risk manager, replacing Chainlink as the default oracle provider, and adopting Chaos Labs' vaults as the default. Kulechov confirmed that risk management responsibilities will continue without disruption.
Ethereum researcher Toni Wahrstätter launched txdelay.xyz, a tool that tracks average Ethereum transaction inclusion times. He estimates that the current delay is around 6 seconds, but expects it to increase by ~2 seconds under ePBS (EIP-7732), a feature planned for the upcoming Glamsterdam hardfork. He noted ePBS has a similar effect to increasing slot times to 16 seconds, meaning Ethereum would need ~8-second slots to return to today's inclusion delay. The tracker uses data from ethPandaOps' Xatu nodes, comparing when transactions are first seen in the mempool versus when they are included onchain.
Resolv postmortem
Polygon stablecoin sandwich
Aave v4 hits $10m deposits
Staked ETH hits ATH
Opsec SEAL Frameworks
Drift Protocol incident update
Sreeram on AI x crypto
BitMine adds $71k ETH
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
#918 - LI.FI One-Click wstETH Staking
Users can swap any asset on any supported chain into wstETH in a single transaction.
One-click wstETH staking via LIFI.
Bank of Canada DeFi lending report.
EF stakes 23,000 more ETH.
Revoke Cash extension update.
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Listen to this episode from Ethereum News on Spotify. LI.FI, Chainlink, and Lido launch one-click wstETH staking. The Bank of Canada publishes a DeFi lending report. And the Ethereum Foundation stakes 23,000 ETH from its treasury. Read more: https://ethdaily.io/918 Sponsor: Lido Earn lets you deploy ETH or stablecoins into curated DeFi strategies for optimised yield.
](https://open.spotify.com/episode/5ID5KLTjyYjU8MO3KZztHA)
EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
LIFI, Chainlink, and Lido have teamed up to introduce one-click, cross-chain staking into wstETH, enabling users to swap any asset on any supported chain into wstETH in a single transaction. LI.FI handles transaction routing and pricing through its API, while Chainlink powers the cross-chain infrastructure via Chainlink CCIP and maintains liquidity balance using Chainlink automation. Lido, the largest liquid staking protocol on Ethereum, stakes the ETH on Ethereum's beacon chain and issues wstETH. Together, the integration delivers a seamless, unified user experience for cross-chain staking. Lido recently hit 100,000 ETH in TVL on its EarnETH DeFi vault, which was launched just 3 weeks ago on March 12. Disclosure: Lido is an ETH Daily sponsor.
The Bank of Canada published a report on DeFi lending, focusing on returns, leverage, and liquidation risk, using Aave V3 as a case study. The report found that earnings are concentrated, with a small number of tokens generating most of the profits, while overall returns remain low but stable due to low operating costs and conservative, overcollateralized lending. The report also highlights that about 20% of borrowing activity comes from recursive leverage strategies. Overall, it characterizes DeFi lending as transparent, automated, and cost-efficient, with risk managed through strict collateral requirements and liquidation mechanisms. The report concludes that lending without traditional intermediaries is technically and operationally viable.
The Ethereum Foundation executed an additional staking deposit of 23,000 ETH from its treasury to the Ethereum Beacon chain as part of its broader goal of staking 70,000 ETH. The addition brings the foundation's current total staked ETH to 47,050 ETH. The staking rewards flow back to the foundation treasury to support Ethereum ecosystem initiatives. The foundation is using minority clients, multiple Beacon and Execution client pairings, and a mix of hosted and self-managed infrastructure across jurisdictions.
Ethereal news weekly #18
Revoke Cash extension update
ZachXBT USDC files
Lido EarnETH hits 100k ETH
ENS referral program
EIP-7702 goes live on Linea
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.