• EOF is included in Pectra.

• Celestia supports Arbitrum Orbit.

• Taiko enables permissionless proving.

• Base surpasses OP Mainnet in TVL.

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Ethereum core developers agreed to include the EVM Object Format (EOF) in the upcoming Pectra upgrade. EOF, as outlined in EIP-7692, involves about 11 EIPs that provide an opt-in container for EVM code to improve code validation and introduce new functionality. If EOF becomes a blocker, it will be separated into a different fork to ensure Pectra can proceed without major delays. EOF will not be part of the initial devnet 1 release. The Pectra upgrade will also include EIP-7702, an account abstraction standard proposed by Vitalik Buterin. Overall, Pectra is considered a “packed” upgrade with 19 EIPs already planned for inclusion, marking it as one of the most extensive upgrades in Ethereum history.

Celestia now supports production-ready Arbitrum Orbit chain deployments on mainnet, allowing developers to use Celestia's data availability for their custom L2 or L3 chains. The integration is powered by Blobstream, a one-way data attestation bridge that streams data from Celestia's data availability layer to Arbitrum Orbit chains. Blobstream allows for the verification of Celestia’s data roots through an onchain light client on Ethereum L1, enabling chains to access block space that is priced independently from the base gas fees on their underlying chain. Additionally, the integration features an Ethereum Fallback feature, which permits rollups to rely on Ethereum for data availability.

Taiko released support for permissionless proposing and proving on its based ZK Rollup, enabling anyone to run a Taiko node and prover. A prover generates validity proofs to verify the accuracy of transactions within a rollup block, while a proposer bundles transactions into blocks for inclusion. In a based rollup like Taiko, rollup transactions are sequenced by Ethereum L1 block builders, removing the need for centralized sequencers.

Base, the L2 network developed by Coinbase, has overtaken OP Mainnet by total value locked (TVL), becoming the largest chain on the Superchain. Base now holds a TVL of $7.85 billion, surpassing OP Mainnet's $7.81 billion. Arbitrum remains the top rollup with nearly $20 million in TVL. Base is also leading by activity with nearly 64 million transactions in the past 30 days.

• ACDE #189 recap

• Verkle updates

• Rollup.wtf performance metrics

• Upcoming Geth hotfix

• OP RF4 deadline extended

• Apply for ENS Small Grants

• Robinhood Crypto is acquiring Bitsmap

• Wormhole opens “stake for governance”

• Coinbase launches its Smart Wallet.

• zkSync announces its V24 upgrade date.

• EigenLayer AVS rewards live on testnet.

• Geth lowers minimum miner tips.

Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.

Coinbase launched its new Coinbase Smart Wallet, now available to all users. The wallet enables users to quickly set up a self-custodial wallet using just a passkey, eliminating the need for recovery phrases. It supports sponsored transactions, allowing users to set up the wallet or mint NFTs without having to directly pay for gas fees. Coinbase Smart Wallet supports various passkey login methods including Google Chrome profiles, iCloud, Face ID, fingerprint, or a Yubikey. The wallet is also portable across-apps, enabling users to log into any dapp that is integrated with the Coinbase Wallet SDK. Coinbase Smart Wallet supports eight initial networks: Ethereum, Base, Optimism, Arbitrum, Polygon, Avalanche, BNB, and Zora.

zkSync announced that it will deploy its v24 protocol upgrade to mainnet on June 6th. The upgrade introduces the Bridgehub, support for Validium mode, and new P256Verify and ecPairing precompiles. The Bridgehub consists of new L1 contracts designed to enable interoperability and shared liquidity across ZK Stack chains. Validium mode features support for using a custom data availability layer and a custom gas token. The new precompiles will facilitate secure transaction signing using secure enclaves, Webauthn, or Android Keychain. Additional enhancements include price adjustments to operations, expanded blob capacity, and future support for EVM Bytecode. During the upgrade window, withdrawals from the zkSync Era native bridge will be paused for 24 hours, which may lead to delayed bridge transactions.

EigenLayer introduced support for AVS rewards on testnet. The MVP release allows AVSs to configure reward distributions, node operators to earn rewards, and restakers to claim rewards from their delegated stakes. The reward system supports the distribution of ERC-20 tokens from AVSs to operators and restakers and includes APIs for setting up recurring rewards. EigenLayer is in its third and final launch phase, which involves Actively Validated Services (AVS). While AVSs are operational on mainnet, rewards, and slashing functionalities are still under development. EigenLayer plans to roll out AVS rewards on mainnet in the coming months and will release a comprehensive system upgrade by the end of the year.

Geth, the leading Ethereum execution client, released Geth v1.14.4, an update that reduces the minimum value for priority fees, also referred to as miner tips, from 1 gwei to 0.001 gwei. The reduction in priority tips is intended to enhance block utilization by enabling more transactions to be included in Geth blocks The update also increases the block import speed and introduces an Ether supply live tracer, among other enhancements.

• VanEck targets $22K ETH price by 2030

• StandWithCrypto reaches 1m members

• Benefits of EOF

• TAIKO token claim goes live

• ENS integrates Drips Network

• EtherFi sends 1% ETHFI to Protocol Guild

• RocketPool tokenomics summary

• OP RF applications close soon

• Family ConnectKit 1.8.0 release

• Linea releases Alpha v3.2

• Ham Chain L3 on OP Stack

• Paxos launches Lift Dollar

• Interactive Ethereum Roadmap

• Unlonely CEO drained out of $40k

• CoW Swap launches on Arbitrum.

• Taiko subsidizes near-empty blobs.

• Avail secures $75 million in funding.

• Coinbase Wallet expands payment links.

Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.

CoW Swap, an MEV-protecting DEX aggregator, is now live on Arbitrum as part of its L2 expansion. The launch features advanced order types on Arbitrum, including limit orders and Time-Weighted Average Price orders. Originally launched in April 2021, CoW Swap leverages a network of solvers to match peer-to-peer orders. Users create intents for their orders through signed offchain messages. The intents are then fulfilled by a competitive network of independent fillers striving to secure optimal prices. Orders are grouped and processed offchain in batches to reduce gas costs. CoW Swap plans to extend its protocol across additional L2 networks.

Taiko, a based ZK-Rollup on Ethereum, is currently subsidizing thousands of dollars in transaction fees while posting nearly empty blobs to Ethereum L1. As a new chain, Taiko lacks enough user transactions to fill the blobs, which are posted roughly every twelve seconds. According to Blockworks analyst Dan Smith, Taiko is temporarily subsidizing fees to reduce latency. Some batches have filled less than 2% of the available blob space. Taiko has become a top purchaser of blobs, affecting the wider blob market. As a based rollup, Taiko depends on Ethereum block builders to sequence transactions. Taiko plans to activate based sequencing alongside its token launch on June 5th. Earlier today, Taiko Labs launched its Trailblazers Program, which allocates 10% of the total TAIKO token supply to users who engage in network activities.

Avail, a modular blockchain focused on data availability, announced that it has raised $75 million in funding across pre-seed, seed, and series A rounds. Avail originated from within Polygon Labs and later became an independent project in 2023, aiming to provide a scalable and secure solution for data storage, using both validity proofs and data availability sampling (DAS). It plans to use the fresh capital to further develop its unification layer. Avail Mainnet is anticipated to launch in the coming month.

Coinbase Wallet, Coinbase's self-custody wallet, has expanded its payment links feature to support over 100 ERC-20 tokens on Base. Users can now generate a payment link to send tokens via SMS. The recipient is given a multi-week window to claim the tokens. The tokens are automatically refunded to the sender if unclaimed.

• Erigon v2.60.1 release

• Arbitrum Ambassador Phase 2

• IKY platform open launch

• Besu updates on Pectra

• Read: The Ethereum Government

• EigenLayer breakdown

• Failed L1s becoming L2s