• 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.

• Isthmus hardfork activates on Superchain.

• EigenLayer introduces Slashing Redistribution.

• ZKsync introduces the Solx compiler.

• SSV Network reaches 100K validators.

Optimism’s Superchain successfully activated the Isthmus hardfork, an upgrade that introduces compatibility with the Pectra upgrade. In addition to supporting Pectra EIPs, the upgrade simplifies op-dispute-mon deployment for operators and introduces a new fee model to better support alternative data availability and ZK-based chains. Notably, the Isthmus hardfork is the first Superchain-wide upgrade, marking the first time major OP Stack chains—including Base, OP Mainnet, Ink, Soneium, and Unichain—have simultaneously adopted a coordinated upgrade. This was made possible by the “hard fork inheritance” mechanism in the OP Stack, which enables chains to automatically adopt shared upgrades.

EigenLayer introduced Redistribution, an opt-in upgrade to its slashing mechanism that allows Actively Validated Services (AVSs) to repurpose and redistribute slashed funds instead of burning them. Slashing is used to penalize operators for violations such as incorrect computation or liveness failures. AVSs can still choose to burn slashed funds. Redistribution enables new use cases like insurance, lending, and performance-based rewards, while improving liquidity. For the initial rollout, only non-ETH assets can be redistributed. The feature is now live on testnets, with a mainnet launch scheduled for June 2025.

ZKsync introduced solx, a new LLVM-based Solidity-to-EVM compiler designed to optimize gas efficiency and reduce the need for manual low-level optimizations in Ethereum smart contracts. solx works across all EVM-compatible chains, eliminates the need for inline assembly, and can be used as a drop-in replacement for the standard Solidity compiler. solx can compile major projects like Uniswap V2 and Solmate. It’s also designed to adapt to future virtual machines like RISC-V if Ethereum’s architecture changes. solx is currently in pre-alpha and not yet production-ready.

SSV Network reached over 100,000 ETH Validators, securing over $8 billion in stake across its distributed validator network. SSV node operators include solo stakers and pooled operators like Lido and EtherFi. SSV Network is a permissionless staking protocol that enables anyone to run a distributed validator node. By splitting validator keys into keyshares and distributing them to multiple nodes, the network enhances Ethereum fault-tolerance and eliminates single points of failure. 

• BlackRock met with SEC

• Meta explores stablecoin

• Uniswap hits $3t all-time swap volume

• Ethereum R1 donation page

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

• Process for selecting headliner proposals.

• PumpTheGas suggests 60m block gas limit.

• Polygon launches VaultBridge.

• Potential Type 4 transaction risks.

Ethereum core developer Tim Beiko proposed a structured process for selecting headliner proposals, which are proposals with the most critical features in upcoming network upgrades. Beiko says selecting the headline feature is Ethereum’s highest-stakes governance decision. Each hard fork should include no more than one headliner per layer. The process begins by defining a “Fork Focus”, a strategic goal (e.g., scaling, security, simplicity) that guides proposal evaluation. Headliner proposals must follow a clear template outlining their benefits, trade-offs, technical readiness, stakeholder impact, and risks. The proposals still move through the PFI → CFI → SFI stages and must be submitted via Ethereum Magicians for feedback. Beiko emphasized that decisions must weigh not just technical merit but also opportunity costs, ecosystem impact, and community consensus. He suggests formalizing Working Groups to coordinate long-term protocol efforts, ensuring alignment with Ethereum’s roadmap through regular check-ins with AllCoreDevs. 

Pumpthegas.org, an educational website created by Eric Conoar and Mariano Conti, now recommends that Ethereum validators increase the block gas limit to 60 million units. Raising the block gas limit allows each block to include more data, effectively boosting transaction throughput on Layer 1. Raising the block gas limit does not require a hardfork; validators can implement the change by modifying their node configuration. The website provides the necessary flags for consensus and execution clients to help validators adopt the new setting. According to data from gaslimit.pics, nearly 80% of validators already signal support for a block gas limit of 36 million or higher.

Polygon launched VaultBridge, a new yield-generating protocol for EVM chains. VaultBridge enables L2 chains connected to the Agglayer to integrate a built-in revenue stream based on their Total Value Locked (TVL). The mechanism leverages Morpho Protocol and Ethereum’s ERC-4626 vault standard to generate revenue. When users bridge assets to a participating L2, they receive 1:1 pegged tokens on the destination AggChain, while the underlying assets remain on the origin chain and are routed to Morpho vaults. The vaults are managed by Gauntlet and Steakhouse Financial, using chain-specific risk profiles. Chains that opt in retain governance over how their yield is distributed.

• Greg: PSA EIP-7702 Risks

• Coinbase Wallet teases social feed

• Sound enters maintenance

• L2 fees drop after Pectra

• EF ESP Q1 allocation update

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