Gm frENS. It's a slower news day today, probably due to the U.S. holiday.

• Lido DAO proposes a LDO buyback.

• ElizaOS migrates to Ethereum.

• 0xPPL releases 2.0 wallet.

Lido DAO governance introduced a proposal to implement an automated buyback mechanism for LDO, the protocol’s native governance token. The proposal would use LDO and wstETH liquidity in a Uniswap v2-style liquidity pool, managed by the DAO’s Aragon Agent, to both remove LDO from circulation and deepen onchain liquidity. The buyback mechanism would activate only under strong market conditions, when ETH trades above $3,000 and Lido’s annualized revenue exceeds $40 million. If approved, the implementation could begin as early as Q1 2026. The proposal is currently open for community discussion on the Lido governance forum.

ElizaOS, an open-source framework for deploying AI agents, migrated its native $ELIZAOS token to Ethereum. ElizaOS says the migration from Solana to Ethereum represents both a technical and philosophical shift. ElizaOS fully integrates with the EVM and leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable agents to operate freely across multiple networks. The $ELIZAOS token powers governance, ecosystem liquidity, and DeFi operations conducted autonomously by AI agents. ElizaOS agents integrate with onchain ecosystems, performing complex tasks such as trading, governance, and multi-platform coordination. ElizaOS is also adopting new EVM standards such as ERC-8004.

0xPPL released the second iteration of its mobile wallet and portfolio tracker. The new release focuses on tracking onchain activity. An integrated AI layer scans onchain data to surface emerging trends. The wallet features a gas and chain abstracted experience, allowing users to transact across 30 networks. 0xPPL aggregates bridges and liquidity pools for fast and cost-efficient transactions.

• FOCIL inclusion discussions

• Institutions are already here

• IRS treats crypto as property.

• Rainbow adds Sonic

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

• Uniswap proposes a protocol fee switch.

• U.S. Treasury guidance on staked ETPs.

• Base processes 15.4 million daily txs.

• BitMine buys an additional 110k ETH.

Uniswap founder Hayden Adams introduced the UNIfication proposal, a new initiative to enable the Uniswap protocol fee switch and realign incentives across the ecosystem. The proposal seeks to move Uniswap Foundation employees to Uniswap Labs under a shared goal of accelerating protocol growth, including the elimination of the Uniswap interface fee.

UNIfication will activate protocol fees starting with v2 pools, then gradually expanding to v3, v4, and UniswapX. It also introduces Protocol Fee Discount Auctions (PFDA), which are auctions for “no-fee swap rights,” with proceeds also going toward the UNI burn. The proposal will also direct surplus Unichain sequencer fees to burn UNI tokens and allocate 100 million UNI from the treasury toward a retroactive UNI token burn.

The initiative aims to establish Uniswap as the default DEX for all tokenized value. Adams noted that a previously hostile U.S. regulatory climate delayed such a proposal for years. Following the announcement, UNI’s price surged 17%, rising from about $7.46 to over $9. The UNIfication proposal will go live for a temperature check vote on Snapshot later this month.

The U.S. Treasury Department and the IRS have issued new guidance for staked crypto exchange-traded products (ETPs). The guidance provides a safe harbor for investment trusts that stake digital assets without losing their classification as investment or grantor trusts. The rule applies only to digital assets on permissionless proof-of-stake (PoS) networks. It becomes effective for tax years ending on or after November 10, 2025. Treasury Secretary Scott Bessent says new guidance aims to keep America as the global leader in digital assets. 

Base Chain, the layer 2 network by Coinbase, reached a new all-time high metric on Sunday, processing more than 15.4 million transactions in a single day. The network also recorded over $1 billion in daily DEX trading volume. According to L2Beat, Base Chain ranks as the second-largest rollup in the Ethereum ecosystem with $14.6 billion in total value secured.

• ACDT #61 minutes | recap 

• Vitalik highlights privacy efforts

• EF seeks to hire an EA

• ENS contract naming incentives

• Uniswap hits $200b swap vol

• BitMine buys 110,288 ETH

• Crypto bill to define CFTC’s role

• Justin Drake on lowercase snarks

• MPC, tFHE, and TEEs weaker privacy

• t1 releases Vision Litepaper

• Tokenized gold surges on ETH

• PoolTogether hits 100k users

• Katana reports no exposure to xUSD

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

• JP Morgan buys $102m worth of BMNR.

• Alchemy releases its V2 faucet.

• Hoodi testnet activates BPO1.

• EthereumJS v10.1.0 release.

J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company. BitMine currently holds 3.4 million ETH, valued at approximately $11.6 billion. The acquisition positions J.P. Morgan among BitMine’s largest institutional shareholders. Meanwhile, ARK Invest, led by Cathie Wood, increased its position by 240,000 shares, bringing its total holdings to over 6.58 million BMNR shares. Chaired by Tom Lee, BitMine is halfway toward its goal of acquiring 5% of the total Ethereum supply as part of its long-term accumulation strategy to increase ETH per share.

Blockchain infrastructure provider Alchemy launched version 2 of its testnet faucet, a tool that allows developers to obtain free testnet tokens for application and smart contract testing. Testnets simulate mainnet environments without incurring actual costs. The new release removes the requirement to authenticate with an X account. The faucet supports 17 testnets, including Ethereum Sepolia, Arbitrum Sepolia, Optimism Sepolia, Base Sepolia, ZKsync Sepolia, and Polygon Amoy. To receive tokens, developers need to create an Alchemy account, enter their wallet address, and select a desired network. Tokens are automatically distributed within 24 hours.

Hoodi, an Ethereum testnet built for testing staking infrastructure, successfully executed its first Blob-Parameter-Only (BPO) fork in preparation for the upcoming Fusaka mainnet upgrade. BPO forks are lightweight, automated forks that adjust blob targets and limits. In the first fork, the blob target was increased to 10 and the maximum set to 15, expanding blob capacity and lowering Layer 2 transaction costs.Other News

• EthereumJS v10.1.0 release

• Chaos: DeFi’s Contagion Loop

• Noice launch pad docs

• Base hits 125 Mgas/s limit

• Clanker fees allocated to creators

• Vitalik: Galaxy brain resistance

• Samurai dev sentenced to 5yrs

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