• Trade-offs of EIP-7928.

• EF Trillion Dollar Security initiative.

• BTCS secures $58 million to buy ETH.

• EigenDA V2 goes live on testnet.

Ethereum researcher Toni Wahrstätter outlined the trade-offs of EIP-7928, a proposal to improve Ethereum L1 scalability using Block-level Access Lists (BALs). BALs specify which accounts and storage slots a block's transactions will interact with. By knowing in advance which parts of the state will be accessed, validators can parallelize disk reads. Wahrstätter notes that Access BALs are compact and lightweight, minimizing bandwidth and storage costs, but they only enable parallel disk reads, not full execution parallelism. Execution BALs, while slightly larger, strike a strong balance by enabling both parallel I/O and EVM execution. State BALs offer the most complete execution context but are significantly larger in size. Overall, the Execution BAL model provides the best trade-off between performance and size and forms the basis of EIP-7928.

The Ethereum Foundation launched the Trillion Dollar Security (1TS) Initiative, an ambitious, ecosystem-wide effort to enhance Ethereum’s security to a level capable of supporting trillions of dollars in value. The initiative aims to position Ethereum as an infrastructure that exceeds the safety and reliability of traditional legacy systems. Trillion Dollar Security means billions of individuals feel confident storing thousands of dollars onchain and organizations are comfortable placing over $1 trillion in value within a single Ethereum application. The initiative consists of three components: comprehensive security mapping, targeted improvements, and transparent communication. The EF is actively seeking input from users, developers, and security researchers.

BTCS Inc., a blockchain infrastructure services provider previously known for bitcoin mining, announced it has secured a financing facility of up to $57.8 million to purchase ETH. An initial $7.8 million tranche has already been issued and is being deployed to acquire ETH. BTCS plans to scale its Ethereum-based operations. It will use the freshly acquired ETH to deploy additional validator nodes, enabling the company to generate recurring revenue from staking rewards. BTCS will also leverage its Builder+ platform, a proprietary system designed to optimize block construction and maximize gas fee revenue. By increasing its ETH holdings, BTCS aims to expand its role in the Ethereum ecosystem.

EigenDA V2, an upgrade enabling high-throughput and scalable data availability, is now live on Ethereum's Holesky and Sepolia testnets. The release delivers Visa-scale throughput of 50 MB/s—a 3x increase over the 15 MB/s capacity of EigenDA V1—and supports up to 250,000 ERC-20 TPS with sub-10 second latency. The V2 implementation introduces a split-plane architecture, horizontal sharding, GPU-accelerated erasure coding, parallel multicast channels, and a reservation-based, fixed-fee accounting model. Backed by the economic security of EigenLayer restakers, EigenDA provides secure, decentralized, and cost-effective data availability for rollups

• Lodestar v1.30.0 release

• EF organizational chart

• Synthetix acquiring Derive

• Aztec ZKPs for age verification

• $650M in unlocks next week

• Uniswap on the ground events

• Daimo expands payment methods

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

• Robinhood plans to acquire WonderFi.

• Centrifuge migrates its token to Ethereum.

• Coinbase Wallet integrates AI agent messaging.

• Infinite Node acquires CryptoPunks IP

Robinhood has agreed to acquire Canadian crypto trading platform WonderFi in an all-cash deal valued at approximately $183 million. The transaction is subject to approval by two-thirds of WonderFi shareholders. Once completed, WonderFi and its employees will now operate under Robinhood Crypto. WonderFi’s product suite includes Bitbuy, a regulated cryptocurrency exchange, and SmartPay, a crypto payment processing solution that enables businesses to send and receive crypto globally.  WonderFi is also developing its own EVM-compatible Layer 2 called Wonder Chain, built on ZKsync’s ZK Stack.

Onchain credit protocol Centrifuge announced that it will begin migrating its CFG governance token from Centrifuge Chain to Ethereum mainnet starting May 20, 2025. The Centrifuge Chain, a Substrate-based blockchain within the Polkadot ecosystem, will gradually give way to Ethereum as Centrifuge transitions toward deeper integration with leading DeFi protocols and cross-chain interoperability. Users will be able to convert legacy CFG tokens at a 1:1 ratio to the new Ethereum-native CFG or WCFG on Ethereum and Base. The migration window will remain open until November 30, 2025.

Coinbase Wallet, the self-custody wallet from Coinbase, integrated secure, encrypted messaging through XMTP in its latest beta release. Extensible Message Transport Protocol (XMTP) is an open protocol that enables end-to-end encrypted, off-chain messaging. Users can privately message any Ethereum address. The new version also features AI Agents, enabling real-time trading and access to mini apps directly within the chat. Users can join a waitlist to request beta access.

• Infinite Node acquires CryptoPunks IP

• Ondo Finance facilitates DvP transaction

• Dune crypto wallets report

• ENS service providers selected

• Polynomial launches v2.5

• PeerDAS explainer

• Wrench attacks in France

• BSCC standards

• Dolomite adopts CCIP

• Poll: Ethereum usage pricing

• Liquity V2 relaunches 19th May

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

• COIN joins the S&P 500.

• Lido DAO holds emergency vote.

• Curve Finance front-end attack.

Coinbase is set to join the S&P 500, becoming the first cryptocurrency company to be included in the index. It will replace Discover Financial, which is being acquired by Capital One. The change takes effect before the market opens on Monday, May 19. Following the announcement, COIN soared nearly 8%, currently trading at $207. CEO Brian Armstrong highlighted that the inclusion will bring COIN into millions of 401(k) retirement portfolios. He also expressed a long-term goal of securing a place in the S&P 50 within the next five to ten years.

Over the weekend, the Lido DAO initiated an emergency governance vote to replace a compromised Chorus One address within the Lido on Ethereum Oracle set. The move comes as an attacher was able to access a hot wallet operated by Chorus One, likely due to a leaked private key, resulting in the theft of 1.46 ETH. Chorus One says the incident was isolated to a single wallet. Further checks found no signs of compromise in other oracles or Lido software and no customer funds or validator infrastructure were impacted. The broader oracle system remained secure as to Lido uses a 5-of-9 quorum design for oracle operations.

Curve Finance suffered a DNS attack targeting the front end of its official website, curve.fi. The attacker hijacked the site’s nameservers, redirecting the domain to a malicious site containing a wallet-draining contract. Users who interacted with Curve during the hijack are strongly urged to revoke approvals for the compromised contract. Curve confirmed that its smart contracts remain secure and unaffected. Users can access Curve through DeFi Saver as an alternative interface. The Curve team is also considering migrating away from the .fi top-level domain, which was previously targeted in a similar DNS hijack in 2022.

• Coinbase joins Strategic ETH Reserve

• The latest in DeFi presentation

• Tomasz interview on Epicenter

• MetaMask launches token pages

• Daniel appointed Nethermind CEO

• Nethermind awarded EF grant

• Introducing Multiverse Finance

• Base processing 200 TPS

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