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October 24, 2025

Japan’s Quantum Solutions ETH DAT

Tokyo-based Quantum Solutions becomes the largest Ethereum Digital Asset Treasury firm outside the United States.

Quick Take

  • Quantum Solutions holds 3.8k ETH.

  • Farcaster acquires Clanker.

  • EF seeks Dev Tool Coordinator.

  • Google Cloud faucet adds EIGEN.



Japan’s Quantum Solutions ETH DAT

Quantum Solutions, a Tokyo-based AI and technology company listed on the Tokyo Stock Exchange (ticker: 2338), announced the purchase of 2,365 ETH in the past week, making it the largest Ethereum Digital Asset Treasury (DAT) firm outside the United States. The company now holds a total of 3,866 ETH. The recent purchases were funded through external borrowings and proceeds from recent stock acquisition rights and convertible bonds. Quantum Solutions plans to continue accumulating ETH to enhance long-term corporate value, with a target of building a 100,000 ETH reserve. The company is backed by ARK Invest.

Farcaster Acquires Clanker 

Farcaster announced that Clanker, an AI-driven coin issuance platform, will join its ecosystem and be integrated more deeply into Farcaster’s decentralized social app. Going forward, Clanker protocol fees will be used to buy back and hold CLANKER tokens, and the team has burned all previously accumulated ecosystem tokens held in its treasury. The announcement follows a failed acquisition attempt by Rainbow Wallet in September 2025, which had proposed redistributing Clanker’s treasury assets to token holders.

EF Seeks Dev Tool Coordinator

The Ethereum Foundation is looking to hire a Developer Tooling Coordinator to lead strategy and development efforts that enhance Ethereum’s developer experience. The technical leadership role involves shaping the developer ecosystem, guiding tooling strategy across languages, compilers, libraries, and frameworks, and influencing key architectural decisions. Ideal candidates have a deep passion for the EVM and smart contract development and hands-on experience building developer tools or infrastructure. The position is fully remote, open to candidates worldwide, and anonymous applicants are welcome.

Google Cloud Faucet Adds EIGEN

Google Cloud added EigenLayer’s EIGEN token to its Web3 Testnet Faucet, allowing developers to request testnet EIGEN tokens on the Ethereum Hoodi testnet. Hoodi is a long-term Ethereum testnet built to provide developers with a stable environment for staking and validator testing. The Web3 Testnet Faucet also supports the distribution of testnet ETH across all testnets.

Other News

  • ACDE #223 minutes | highlights

  • dSheets weekly update

  • Ethereum team sites

  • Arbitrum hits 2b transactions

  • Aave Labs acquires Stable

  • $500m BUIDL on Polygon

  • CCTPv2 launching on Starknet

  • Celo StableMag #14

  • Stablecoin bill expected EOY

  • Trump pardons CZ


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

Cover photo
October 23, 2025

Ethereum Validators Association Announced

An organization aimed at improving Ethereum validator representation in protocol development.

Quick Take

  • Ethereum Validators Association announced.

  • Article on benchmarking zkVMs.

  • State of Crypto 2025 report.

  • Octant announces Epoch 9 results.



Ethereum Validators Association Announced

The Ethereum Validators Association (EVA) announced its organization for improving Ethereum validator representation in protocol development. Created by the Ethereum Community Foundation (ECF), the EVA provides a unified structure for validator coordination, research, transparency, and governance. The EVA will build open dashboards for validator performance, conduct research on validator economics and MEV, and launch a verified signaling system for validators to cast non-binding votes on EIPs. Membership is open to any node operator with at least one active validator. The association will formally launch at an event during Devconnect ARG on November 20th.

Benchmarking zkVMs For Ethereum L1

The Ethereum Foundation’s zkEVM team published an article outlining benchmarking principles and framework components for zkVMs. The goal of zkVM benchmarking is to ensure Ethereum’s scalability and security by validating that ZK-based block proving is both feasible and performant in real-world and worst-case scenarios. The main objective is to determine whether zkVMs can achieve real-time proving (RTP), generating proofs quickly enough to keep up with block production. zkVMs should be tested using Ethereum-specific workloads, stressing hashing, precompiles, and state access patterns, rather than synthetic benchmarks. The long-term goal is to make zkEVMs viable for use on Ethereum Layer 1.

State of Crypto 2025 Report

Investment firm a16z released the State of Crypto 2025 report, highlighting how the crypto industry has matured this year, driven by global adoption, regulatory clarity, institutional participation, and technological readiness. The report ranks Ethereum and Base as the #1 and #2 ecosystems chosen by builders. The industry reached all-time highs in market capitalization, active users, and developer activity, while financial institutions are adopting crypto through stablecoins and tokenized assets. The report also highlights a shift in U.S. policy that has legitimized crypto. Looking ahead, a16z predicts crypto will be integrated into everyday finance, payments, and consumer applications.

Octant Epoch 9 Results

Public goods funding platform Octant announced the results of its Epoch 9 funding round, distributing roughly $1 million in matching funds to 30 Ethereum content creators. Conducted in collaboration with the Ethereum Foundation, it marks Octant’s first round dedicated specifically to Ethereum-focused creators. The top three recipients were onchain investigator ZachXBT, tech media outlet The Rage, and web3 education collective Crypto Altruists. Octant funds public goods using ETH staking yields generated by the Golem Foundation.

Other News

  • Ethereum Berlin Hub

  • a16z TVL dashboards

  • Prysm client optimizations

  • zkVM verifiers are open-source

  • SharpLink buys 19k ETH

  • Lido Direct Staking on Linea

  • Fed mentions x402

  • Gemini on open banking rule


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

Cover photo
October 22, 2025

Code Is Law Film Release

The documentary explores The DAO hack, among others, through the lens of the “code is law” philosophy.

Quick Take

  • Code Is Law film is now streaming.

  • Coinbase acquires Echo for $375m.

  • Debates over Polygon PoS’s L2 status.

  • Shutter introduces Permanent Private Voting.



Code Is Law Film Release

Code Is Law, a feature documentary exploring crypto hacks through the lens of the “code is law” philosophy, is now streaming on Amazon Prime, Apple TV, Vimeo, and YouTube. The film traces key hacks, including The DAO hack in 2016, the Indexed Finance exploit in 2021, and the KyberSwap exploit in 2023. The film features Ethereum community members Griff Green and Lefteris Karapetsas, who both played crucial roles in The DAO’s creation and recovery efforts. The film also traces hackers Andean Medjedovic and Avi Eisenberg, both of whom invoked “code is law,” the notion that if code executes as written, its outcomes are valid, as part of their legal defense.

Coinbase Acquires Echo For $375m

Coinbase acquired Echo, the onchain capital-raising platform founded by crypto influencer Cobie, in a deal valued at $375 million in cash and stock. The total includes a $25 million NFT purchase by Coinbase for a new season of UpOnly TV, which is co-hosted by Cobie. Echo enables direct community-driven fundraising through both private and public token sales. Coinbase plans to integrate Echo’s tools to simplify how crypto teams raise capital from their communities while giving investors early access to emerging opportunities. Since its launch in April 2024, Echo has facilitated over $200 million in funding across more than 300 deals. 

Polygon PoS L2 Classification Debate

Growthepie co-founder Matze announced openness to adding Polygon PoS to its Ethereum ecosystem analytics tracker, following Polygon leadership's concerns about a lack of recognition within the Ethereum community. The debate was sparked by an Ethereum Foundation (EF) chart highlighting developer growth across Ethereum L1 and L2s, which categorized Polygon PoS separately. Polygon PoS has processed billions of transactions and powers apps like Polymarket, which is highlighted as a win for Ethereum. Per L2Beat standards, Polygon PoS is not yet classified as an L2 due to its lack of full data availability (DA) posting to Ethereum and the absence of a proof system anchored to Ethereum.

Shutter Permanent Private Voting PoC

Shutter Network, an open-source threshold-encryption protocol, released a proof-of-concept for Permanent Shielded Voting in collaboration with Snapshot. The integration builds on its existing Shielded Voting mechanism on Snapshot to enable private voting for all DAOs. The implementation hides votes during and, in the upgraded model, after voting, while still enabling a verifiable audit.

Other News

  • Gitcoin privacy round goes live

  • Road to Core Solidity blog series

  • EIP-7825 explained

  • EF multisig migrates wallets

  • Syndicate AVS Sequencer Network

  • Maple syrupUSDT added to Aave

  • Base is building private txs

  • Farcaster channel spaces

  • Trezor introduces Safe 7


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

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