• Sigma Prime introduces Anchor.

• Unichain Conditional Funding Markets.

• 50 blobs sustained on a PeerDAS devnet.

• BiT Global drops Coinbase lawsuit.

Blockchain security firm and Ethereum client developer Sigma Prime introduced Anchor v0.1.0, a Rust-based distributed validator technology (DVT) client for the SSV Network. Anchor is the second DVT client for the network, following SSV Labs' implementation, and builds on the Lighthouse Ethereum consensus client codebase. Anchor is fully interoperable with existing clients on public testnets. SSV Network is a permissionless Ethereum staking protocol that splits validator private keys into keyshares, distributing them among multiple independent nodes. The architecture enhances fault tolerance and eliminates single points of failure.

The Uniswap Foundation is offering $900K in grants to lending protocols on Unichain as part of its Conditional Funding Markets (CFM) pilot, which uses a futarchy-based funding model. In this model, forecasters bet on which protocols will drive the most TVL growth if granted funds for user incentives, and the protocols with the highest predicted impact receive the grants. Lending protocols can apply until June 18. The initiative includes three grants: one $100K grant and two $400K grants. Forecasting markets open on July 7, allowing participants to make TVL predictions and earn rewards based on accuracy when the Conditional Funding Markets resolve in October using actual TVL data.

Sunnyside Labs, a core development contributor to the Optimism Collective, deployed a development network to stress test blob throughput on PeerDAS. The test evaluated how well different combinations of Ethereum execution and consensus clients handle increasing blob throughput. The testnet sustained a peak throughput of 50 blobs per block, up from thecurrent 6 blobs per block. The team plans to work on client-specific optimizations, fault-tolerant supernode designs, and deeper analysis of distributed blob building to push the ceiling higher. Increasing blob throughput expands data capacity and significantly reduces costs for Ethereum rollups, making it a critical step in scaling the Superchain.

BiT Global, a Hong Kong-based digital asset custody platform, dropped its lawsuit against Coinbase over the delisting of WBTC. The suit, filed in December 2024, sought $1 billion in damages and accused Coinbase of removing WBTC to favor its own competing wrapped Bitcoin product, cbBTC. In 2024, BitGo, the original issuer of WBTC—transferred control of its protocol to a joint venture between BiT Global and Tron founder Justin Sun. Following the transfer, major platforms, including MakerDAO, reduced their exposure to WBTC. Coinbase followed suit by delisting the asset in December 2024.

• ACDE Call #213 recap

• L2Beat and Lido join EEA

• Solx v0.1.0-alpha.4

• Plume Network deploys on mainnet

• DappCon 2025 agenda

• InterOP UNIverse on 23rd June

• EigenLayer slashing audit report

• EVM 2.0: Proving-Centric vs. Execution-Centric

• Aztec testnet retro analysis

• CLARITY Act amendment

• Stablecoins amount to 1.1% of USD supply

• X partners with Polymarket

• Velodrome surpasses $1b volume

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

• Ethereum Foundation Treasury Policy.

• Circle raises $1 billion from IPO.

• Etherealize committee testimony.

• 3Jane raises $5.2m seed round.

The Ethereum Foundation (EF) published its Treasury Policy, a document outlining its approach to asset management and long-term financial sustainability. The Foundation currently allocates 15% of its total treasury to its 2025 annual operating expenses and maintains a 2.5-year operating expense buffer. The EF aims to gradually reduce annual operating expenses from 15% to 5% over the next five years. EF’s fiat assets are allocated across cash reserves, longer-term obligations, and tokenized real-world assets .  Aligned with Ethereum’s cypherpunk values, the EF says it supports permissionless DeFi protocols through strategic capital deployments. Overall, the Foundation is evolving from an ETH holder to active, values-driven treasury management.

Circle, the issuer of the USDC stablecoin, launched its initial public offering (IPO) of 34 million shares of Class A common stock at a price of $31 per share, raising a total of approximately $1.05 billion. The sale includes 14.8 million shares offered by Circle and 19.2 million shares by existing stockholders, representing about 15% of the company's 225 million total shares outstanding. Circle is now listed on the New York Stock Exchange (NYSE) under the ticker CRCL. The IPO was led by J.P. Morgan, Citigroup, and Goldman Sachs, with additional underwriters participating. The offering values the company at an estimated $7 billion. USDC is the second-largest stablecoin with a $61 billion market cap.

Etherealize Co-founder and CEO Vivek Raman testified before a U.S. House Financial Services Committee hearing to advocate for clear, forward-looking regulation of digital assets. Raman argued that Ethereum exemplifies safe, inclusive, and innovative financial infrastructure. He endorsed the CLARITY Act, which aims to provide a regulatory foundation to maintain U.S. leadership in the digital economy. The bill seeks to define investment contract assets, clarify the jurisdiction of the SEC and CFTC, and distinguish between decentralized blockchain infrastructure and applications.

Ethereum-based credit protocol 3Jane raised a $5.2 million seed round led by Paradigm. The funding will support the protocol's launch, targeted for Q3 2025. 3Jane’s phased rollout includes a credit model tuning using real-world data, support for USDC deposits in exchange for USD3 and sUSD3, issuing unsecured credit lines, and improving underwriting models based on repayment and default data. The protocol leverages both onchain and offchain credit data to offer trustless lines of credit based on user creditworthiness and future cash flows. It also incorporates mechanisms for legal recourse in case of default.

• Coinbase launches cbDOGE

• Consensus buys $300m ETH

• Reth v1.4.8 defaults to 60M gas

• Mellow deploys on Superseed

• Real-time proving grants

• Lido dual governance 101

• Rails raises $14m

• YieldNest governance

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

• Morpho deploys on Unichain.

• Fluidkey launches the Fluidkey Score.

• Symbiotic introduces Relay.

• Devconnect Scholars Program applications.

Morpho, a DeFi lending protocol featuring isolated markets, is now live on Unichain, the DeFi-focused Layer 2 developed by Uniswap. Users can now lend assets and earn yield through curated Morpho vaults managed by top DeFi allocators, including Steakhouse Financial, Gauntlet, Re7 Labs, MEV Capital, 9summits, and k3 Capital. MORPHO token incentives are also live as part of the launch. Supported collateral includes USDC, USDT, ETH, wstETH, weETH, WBTC, and UNI. Users can borrow stable assets like stablecoins and ETH LSTs. Unichain has risen to become the 4th largest rollup with over $1 billion in total value secured.

Fluidkey launched Fluidkey Score, a privacy-preserving, composable, and publicly accessible onchain score issued as a non-transferable ERC-20 token on Base. The score reflects a user’s retroactive activity within the Fluidkey ecosystem and can be leveraged by third-party apps without revealing personal or financial data. Users can mint their score directly in the Fluidkey app. Fluidkey is a privacy-first smart account that automatically generates stealth addresses for each incoming payment to a user’s primary address. The addresses reroute funds while keeping all activity private and under the user’s exclusive control, with no public link between transactions.

Symbiotic launched Symbiotic Relay, a network middleware SDK that enables protocols to stake on Ethereum and verify outcomes from other chains. It eliminates the need for multisigs, Proof-of-Authority models, or centralized relayers in multichain deployments. Symbiotic Relay has a native multichain settlement architecture that allows stake to remain secure on Ethereum, while decisions can be verified on any EVM-compatible chain via Relay modules. Symbiotic Relay is currently in early access. Symbiotic is a staking and shared security protocol with over $1 billion in TVL.

The Devconnect Scholars Program is now accepting applications for Devconnect Argentina. The program will support up to 100 leaders who are expanding Ethereum’s impact across diverse communities, industries, and disciplines. Scholars receive need-based financial assistance for travel, accommodation, visas, and tickets to attend Devconnect in Buenos Aires. The program includes online Pre-Devconnect programming, community building, and culminates in an in-person experience during Devconnect week from November 17–22, 2025. Applications are open until June 30th.

• Aragon OSx live on Optimism

• Spark expands to OP Mainnet

• ETH ETF $109m in net flows

• Aave proposal 320 recap 

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