
#908 - Path To Private Swaps On Ethereum L1
The path to private L1 swaps leverages four proposed upgrades: EIP-8141 , 2D nonces, encrypted frame transactions, and FOCIL.
Path to private swaps on L1.
Polygon introduces T-REX Ledger.
Coinbase AM launches RWAs on Base.
[
Listen to this episode from Ethereum News on Spotify. Ethereum researchers outline a path to private swaps on L1. Polygon introduces T-REX Ledger. And Coinbase Asset Management launches RWAs on Base. Read more: https://ethdaily.io/908 Borrow against ETH at 0.50%.

](https://open.spotify.com/episode/32YaBo1WIThc6wCggkSUj4)

EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Thomas Thiery, a researcher at the Ethereum Foundation’s Robust Incentives Group, outlined a path for enabling private swaps on Ethereum L1 without relying on trusted intermediaries or being vulnerable to frontrunning and censorship. The roadmap to private L1 swaps leverages four proposed upgrades: EIP-8141 for native account abstraction, 2D nonces, encrypted frame transactions, and FOCIL. Together, the features will allow users to submit transactions, keep swap details hidden until block ordering is finalized, reduce exposure to MEV frontrunning, ensure censorship resistance, and maintain parallel transaction throughput. Encrypted frame transactions conceal execution parameters until after the block is committed, providing strong protection against frontrunning.
Polygon, T-REX Network, and Tokeny introduced T-REX Ledger, a new chain built with Polygon CDK designed to solve compliance challenges in tokenized finance. Apex Group Ltd., which services over $3 trillion in assets, will adopt T-REX Ledger as its default infrastructure and act as an onchain transfer agent. The platform aims to support real-world assets (RWAs) by serving as a shared compliance layer that manages investor identity, KYC/AML requirements, ownership records, and transfer rules. T-REX Ledger will connect to Polygon’s Agglayer and will support the regulated asset standard ERC-3643. The initiative targets bringing $100 billion in tokenized assets onchain by June 2027.
Coinbase Asset Management, the institutional arm of Coinbase, launched a tokenized share class of its Bitcoin Yield Fund on Base, also in partnership with Apex Group. The fund’s shares are issued as tokens using the ERC-3643 standard, with initial availability limited to non-U.S. investors. The tokenization aims to reduce costs, speed up settlement, and broaden investor access.
Ethereal news weekly #16
Ethereum gaming ecosystem
The bull case for Polaris
Tally alternative front-end
Grayscale files S-1 spot Hyperliquid ETF
Crypto market-structure bill discussion
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

#907 - Codex FX Fiat To Stablecoin Settlement
A stablecoin-powered FX platform enabling fiat-to-stablecoin, stablecoin-to-fiat, and stablecoin-to-stablecoin conversions.
Codex fiat <> stablecoin settlement.
TheDAO Fund security badges.
World Chain adopts ERC-8183.
[
Listen to this episode from Ethereum News on Spotify. Codex introduces its fiat-to-stablecoin settlement platform. TheDAO Fund introduces security badges. And World Chain adopts ERC-8183 for agentic commerce. Read more: https://ethdaily.io/907 Borrow against ETH at the lowest fixed rates in DeFi. Liquity V2 lets you use ETH as collateral to mint BOLD, the Ethereum native dollar.

](https://open.spotify.com/episode/5IoHD5l4IEW4ut0m30jOi3)

EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn
Codex introduced Codex FX, a stablecoin-powered FX platform aiming to replace cross-border payment infrastructure for businesses in emerging markets. The platform enables fiat-to-stablecoin, stablecoin-to-fiat, and stablecoin-to-stablecoin conversions through a single interface with 30-minute settlement between currencies. It offers 24/7/365 access along with real-time pricing and lower fees. Codex says it provides deep institutional liquidity and supports hard-to-access currencies and corridors. The solution targets payment providers, fintechs, neobanks, and remittance companies, and requires KYB onboarding.
TheDAO Security Fund, the latest iteration of TheDAO focused on Ethereum security, introduced ETHSecurity Badges, an onchain reputation system for top security contributors. A total of 200 badges will be issued, with 40 already awarded. Badge holders get to influence how TheDAO’s ETH fund is allocated to projects. Security experts across auditing, zk, formal verification, AI, and opsec are encouraged to apply. An AI agent evaluates candidate applications. Badge holders receive both a public NFT and a private voting NFT, enabling anonymous participation in governance decisions.
World Chain adopted the ERC-8183 Agentic Commerce Standard for agent productivity on the real human network. Co-developed by Virtuals Protocol and the Ethereum Foundation’s dAI team, ERC-8183 enables autonomous agents to buy and sell services from one another onchain. Developers can integrate escrowed jobs and create a trustless commerce layer for AI agents. World also released AgentKit to allow verified humans to delegate their World ID to AI agents.
Lodestar v1.41.0 release
Prysm v7.1.3 release
PQ threats to Ethereum privacy
Roadmap for private L1 swaps
Introducing x402-ppt
Opera seeks 160m CELO
Anticapture governance frontend
Status v2.37 integrates EFP
KAT LayerZero bridge to Base
First EF validator gets indexed
World Chain is adopting ERC-8183
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

#906 - EF Deploys 1k ETH Into Morpho V2
The Ethereum Foundation deployed another 3,400 ETH from its DeFi wallet onto the Morpho lending protocol.
EF deploys 1k ETH into Morpho V2.
Tokenized stocks approved on Nasdaq.
Blockful prevents a Shutter DAO exploit.
Katana launches its KAT token.
[
Listen to this episode from Ethereum News on Spotify. EF deploys 1k ETH into Morpho V2 vaults. The SEC approves tokenized stocks on Nasdaq. Blockful prevents a Shutter DAO exploit. And Katana launches its KAT token. Read more: https://ethdaily.io/906 Earn 10% real yield on your dollars, fully onchain.

](https://open.spotify.com/episode/4CmPkMvgCGbOi2eZfNPjO2)

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 deployed another 3,400 ETH to the Morpho DeFi protocol on Ethereum, including 1,000 ETH allocated to the recently introduced Morpho Vaults V2. Launched as open-source, Morpho Vaults V2 provides yield-generating vaults with instant liquidity and flexible allocation across any existing or future Morpho markets. The vaults’ core contracts are non-upgradeable, ensuring full immutability. The Foundation first introduced its DeFi wallet early last year, and it now manages more than $140 million in assets. Its onchain holdings include 31,230 ETH in Aave, 10,126 ETH in Spark Protocol, 4,200 ETH in Compound, and 7,100 ETH deployed across Morpho.
The U.S. Securities and Exchange Commission (SEC) has approved a proposal by Nasdaq to support the trading and settlement of tokenized stocks and securities on its exchange. As part of the initiative, Depository Trust Company (DTC), a subsidiary of Depository Trust & Clearing Corporation (DTCC), which processes most U.S. securities clearing and settlement, will lead a pilot program focused on highly liquid assets, including stocks from the Russell 1000 Index and select ETFs. The tokenized shares will carry the same ticker symbols and pricing as their traditional counterparts, with the goal of improving efficiency in post-trade settlement.
Blockful, a white-hat DAO governance security team, identified and mitigated a governance vulnerability in Shutter DAO. They discovered that an attacker could potentially spend around $100K to exploit weak governance parameters and seize control of Shutter DAO’s $3 million treasury. The risks stemmed from low quorum requirements and no timelock delay. After validating the attack through simulation, Blockful introduced a Security Council Guard contract alongside a 2-day timelock and coordinated with Shutter DAO delegates to implement the fix through governance. As a result, the treasury is no longer easily exploitable.
Katana, a DeFi-focused, ZK-powered Layer 2 rollup built on Polygon’s Agglayer, launched KAT, its native chain token. Katana leverages sequencer fees and protocol-generated revenue to reward liquidity providers. The network incorporates chain-owned liquidity (CoL) and an integration with the Agglayer’s Vaultbridge and vbTokens. Katana users can now claim and stake their KAT tokens.
ETHproofs v3.2 release
Vitalik on dynamic consensus
Unichain integrates Chainlink
Euclid goes live on Arbitrum
Fluid introduces Lite USD Vault
Visa releases CLI
x402 token agnostic rails
Polymarket acquires Brahma
Tempo live on mainnet
Wevm introduces mppx
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
